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…
Sac Biz Journal: First Phase of Arden Gateway Apartments Sold for $112.89 Million
The first phase of the largest Sacramento-area apartment complex to be built in several years has sold to a new owner. Beverly Hills-based real estate investment company Kennedy Wilson acquired The Eisley, the 405 units that make up the first phase of…
Sac Biz Journal: Single-family rental project proposed in Natomas
SKK Developments is the latest to join an emerging trend of rental neighborhoods of less-dense housing, proposing 82 homes in Sacramento’s South Natomas area. According to an application filed with the city, the 9.17-acre site at 920 San Juan Road…
The Natomas Buzz: New Rental Community Proposed in Natomas
A new single-family rental community in Natomas is being proposed by Sacramento developer Sotiris Kolokotronis. “We believe, based on the proximity to schools, freeways, downtown and employment centers, this is a very very good site,” Kolokotronis told The Natomas Buzz. A…
Fox 40: Proposal could bring new grocery store to Oak Park food desert
SACRAMENTO, Calif. (KTXL) — City leaders are considering a new proposal that could bring the former Food Source supermarket off Broadway and Stockton Boulevard back to life. When the doors of Food Source on 4401 Broadway closed in March of…
Sac Press: Community Invited to Participate in Outreach Meeting About 59th Street Reuse Project
SKK Developments and BlackPine Communities, in collaboration with SMUD, are hosting their first Virtual Community Outreach Meeting (via Zoom) on Wednesday, March 24th from 4:30 to 6 p.m. The SMUD Board of Directors recently selected the SKK Developments and BlackPine Communities…
Sac Biz Journal: Developer: Plan for SMUD Corp Yard to unfold in next few months
The concept for redeveloping a corporation yard on 59th Street in East Sacramento is still in an early phase, but a lot of details will come in the next few months, said one of the principals involved. Mike Paris, founder…
Sac Biz Journal: SMUD Picks SKK/BlackPine Team for 59th Street Reuse Project
Urban developers BlackPine Communities and SKK Developments have gotten the nod to redevelop a 20-acre site owned by the Sacramento Municipal Utility District in East Sacramento. In a unanimous vote, the utility’s board of directors late last month selected the…
The Sac Bee: 7-story apartment building planned at site of long-running midtown Sacramento auto shop
A prominent local developer has filed planning documents to the city for a seven-story mixed-use apartment building in Sacramento’s midtown neighborhood. The nearly 30,000-square-foot project is slated for 18th Street between K and L streets, and would include 25 apartment…
Sac Biz Journal: SKK Plans 7-story Project in Midtown
With a new project, SKK Developments is returning to a Midtown Sacramento intersection near two other projects by the firm from over a decade ago. On the southwest corner of 18th Street and Kayak Alley, SKK has proposed a seven-story…