Recently, California's Governor Gavin Newsom announced additional details regarding California's construction of more housing. McCormack Baron Salazar, Inc. (MBS) has been selected as the lead developer to "convert three state office buildings along Capitol Mall in Sacramento into affordable housing." MBS' website describes them as,
The nation’s leading for-profit developer, manager, and asset manager of economically-integrated urban neighborhoods.
According to MBS, their
vision for the site includes 400-800 homes across all three sites. The homes will come in various sizes, from studios to three-bedroom homes, and serve various incomes, with approximately 370 affordable homes, 170 of which will be reserved for very low-income households. The project also envisions amenities, including community rooms, a large roof deck, and a mixed-income childcare center.
The three state offices, all located in downtown Sacramento, are:
- The headquarters of the Employment Development Department (EDD) at 800 Capitol Mall,
- the EDD Solar Building at 751 N. Street, and
- the State Personnel Board Building at 801 Capitol Mall.
The recent announcement relates to Executive Order N-06-19, issued to allow excess state properties to be converted into affordable housing to help handle the state's housing crisis.
Governor Newsom plans to convert excess state properties into affordable housing to address California's housing crisis. He recognizes the need for a comprehensive approach that considers jobs, transportation, and housing as interconnected issues. By exploring land swaps and development strategies, Newsom aims to make a substantial impact on the housing crisis and improve people's quality of life.
Sacramento's Mayor Darrell Steinberg has also expressed his support for the project stating,
The transformation of these large office buildings on the Capitol mall into housing will help Sacramento achieve two important goals: Bringing more residents downtown and creating more places where people can afford to live.
Read the full text of the Executive Order below.
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