Is Sacramento's Housing Market Ready To Grow Up?
Sacramento has plans to add high-rise condos to the skyline!
In recent months, as the housing market rebounded and plans for a new NBA arena spurred interest in downtown real estate, developers and city officials again have been talking about soaring towers and million-dollar condos with views of the Central Valley.
“We’re actually quietly looking at some sites right now, because we do believe the market is coming back,” said Craig Nassi, the New York developer who at the height of the market in the mid-2000s planned to build a strikingly modern 38-story tower on Capitol Mall called Aura. It would have featured 265 units priced from $400,000 to $1.5 million.
Click here to read the full article from The Sacramento Bee
Posted on Wed, June 18, 2014
by Jenny Hughes filed under