Connect CA: Kennedy Wilson Acquires The Eisley Near Downtown Sacramento

The Eisley, a 405-unit multifamily community that is currently under construction on 14 acres at 1567 Bartlett Way in Sacramento, was recently purchased by Kennedy Wilson. The 366,638-square-foot property is expected to be completed by spring 2022.

Tampa-based DeBartolo Development and its local development partner, SKK Development, confidentially exposed the opportunity to a select group of qualified buyers. Luis Elorza and Bryan Schellinger, managing directors with NorthMarq in Tampa and Los Angeles, identified the buyer based upon its ability to fund single-asset Opportunity Zone transactions.

Read the full article here.

Natomas Buzz: Rental Project in Natomas being Redesigned as for Sale Development

A single-family rental community proposed for Natomas is being redesigned as a for-sale residential project.

Sacramento city council member Jeff Harris announced the decision by SKK Developments to change the project at 920 San Juan Road during a Gardenland Northgate Neighborhood Association meeting last week.

SKK representatives confirmed this shift was the direct result of a previous meeting Harris facilitated between the developer and community members held in early June.

Read the full article here.

Sac Biz Journal: 2021 Best Real Estate Projects: H16 Apartments

We’re introducing you to our Best Real Estate Projects of the Year. This is the top urban apartment project.

“Anytime you’re doing urban infill, you have to be extra concerned about the public’s safety,” said Kevin Sauser, architect for the H16 Apartments project, responding to a question about the specific challenges posed by building in an area with high vehicular and pedestrian traffic.

“Actually, as it turned out, the majority of our gawkers were other builders and the area’s business owners, all of whom have a stake in the success of projects in Sacramento’s midtown,” he said.

The five-story, 95-unit apartment complex, which originally was envisioned to be only four stories, is at 1601 H St. The new development — which cost about $24 million to build and was completed a year-and-a-half ago — is located on a site that previously served as an overflow parking lot for the Clarion Hotel, which was torn down last year to make way for a mixed-use project.

Read the full article here.

The Sac Bee: Rooftop decks and home offices: More modern housing planned for downtown Sacramento

The historic neighborhood on the northern edge of downtown Sacramento is about to get more high-end housing.

SKK Developments, a firm that has been busy constructing new apartments and town homes around the central city, is proposing to build 16 three-story townhouses on the southeast corner of 13th and C streets in the Mansion Flats neighborhood of downtown.

The homes, part of what’s being called the 13C Townhomes project, would be offered at market rate and would be between 1,800 and 1,907 square feet, according to documents filed with the city of Sacramento.

Read the full article here.

 

Sac Bee: New 2,300-seat live music and event venue planned for midtown Sacramento

Sacramento has long been in search of another mid-sized concert venue that would draw acts not quite big enough to fill Golden 1 Center but popular enough to attract a couple thousand concertgoers. There’s suddenly a lot of interest in building one. SKK Developments, the firm behind several of the central city’s latest high-end apartment buildings, has proposed building a live music, comedy and event theater with a seating capacity of 2,300 in midtown Sacramento. The new theater would replace a vacant industrial building at the southwest corner of 24th and R streets.

Read the full article here.

Sac Biz Journal: SKK Developments proposes 2,300-seat theater in Midtown Sacramento

SKK Developments’ newest proposal is still urban infill, but with nary a trace of the residential footprint in all the company’s recent projects.

Instead, SKK founder and President Sotiris Kolokotronis is focusing on a destination entertainment venue, with a 2,300-seat theater proposed at 1800 24th St. in Midtown Sacramento.

“The new 42,700-square-foot building will replace an existing vacant industrial/commercial building and will house a stage, box office, lobby, concessions, mezzanine and artist amenities and dressing rooms,” the project application states. The theater would host live music, comedy, podcasts, lectures and corporate events two to three nights per week.

Read the full article here.

Good Day Sacramento: Groundswell’s New Art & Retail Space at H16

Sac Biz Journal: After Hours – Sacramento Metro Chamber Dinner & Business Awards

The Sacramento Metropolitan Chamber of Commerce held its 127th Annual Dinner & Business Awards on Feb. 11 at the Hyatt Regency Sacramento.

Several local business leaders were honored at the black-tie event, which included safety measures to slow the spread of Covid-19. Guests had to show both proof of vaccination and a negative Covid-19 test.

See names and faces from the event in the slideshow here.

Comstock’s Magazine: Integrated Interiors – Office Space that Reflects the Company Culture

Since 1987, SKK Developments has been building vibrant communities in the Greater Sacramento area and through the Pacific Northwest, so it’s no surprise their new location on L Street is equally exciting. Read the full article here: SKK Development’s Office Space

Sac Biz Journal: Pazza Notte restaurant planned for former Buckhorn space in Midtown

A Sacramento-area native who operates an Italian-American restaurant in New York City is bringing her concept back home with plans to occupy a vacant restaurant space in Midtown.

Pazza Notte has a location in Manhattan that opened in 2000. The restaurant’s recipes are inspired by Italian and American comfort food.

Owner Tove Nord, who grew up in Curtis Park, said some of the restaurant’s most popular items include its penne carbonara, brick oven thin crust pizzas, and Tapas Italiana, which are smaller, shareable dishes such as grilled shrimp skewers and four-cheese bruschetta. Another big draw for the restaurant is its two-for-one happy hour martini program, which runs every day.

Read full article here.