Newcastle
Newcastle, CA · Real Estate
hoodline.com
Placer County Moves to Protect 525 Acres Near Auburn From 128 Future Homes
A 525-acre stretch of oak woodland and cattle ranchland northwest of Auburn could be protected from development forever under draft agreements the Placer County Board of Supervisors voted to approve on Tuesday. The property, known as Harvego Bear River Preserve Phase 2, sits near the Auburn Valley Country Club community and is currently zoned for about 128 homes. Instead, county officials and a local land trust want to keep it as grazing land and wildlife habitat.
The Sacramento Bee
Sacramento's Railyards is building momentum. New housing may have to wait until 2028
Even though a hospital, concert venue and soccer stadium are coming to Sacramento’s Railyards, the district may not see new residential construction for several years. There are two apartment complexes there now — Wong Center and The A.J. Apartments — but one of the district’s lead developers said recently that he believes the Railyards and other parts of Sacramento’s core may not see home building speed up again until around 2028. “We’re just not in a place where rents and the market are supportive of new development,” said Denton Kelley, CEO of LDK Ventures, the master developer of the Railyards district. “...It will probably take until about ’28 before we start seeing new residential projects in the Railyards and, probably, within midtown and downtown.” The suburbs have seen more solid job growth, especially along the Highway 50 corridor where Folsom and Rancho Cordova are located. Kelley said cited recent investments in those areas by firms like Solidigm and Micron . That area will probably outperform the rest of the market for the next three to five years, Kelley said. The Railyards will compete with those cities’ “lifestyle centers” like the Palladio shopping center in Folsom or the Fountains in Roseville.
decorhint.com
The 12 Best Suburbs Near Sacramento, California For An Affordable Retirement
One retirement community near Sacramento has two championship golf courses and two separate lodges. That’s not a resort. It’s a neighborhood where people actually live. I have to admit, that detail stopped me cold. Then I learned another town nearby was founded by a railroad back in 1869.
Housing Finance
The Sacramento Bee
The Sacramento Bee
hoodline.com
folsomtimes.com
citrusheightssentinel.com
Yahoo!
Local candidates make final campaign push ahead of Election Day
With Election Day just days away, state and local candidates are spending the final weekend campaigning in the Folsom area, knocking on doors and urging voters to make their voices heard. Millions of voters across California are expected to cast ballots Tuesday in the midterm election, which some politicians have...
bondoro.com
hoodline.com
Sacramento Agency Moves to Convert 306 Maven Apartments to Income-Restricted Housing
SHRA's proposed purchase of The Maven on Broadway would convert 306 of the complex's 408 units from market-rate to income-restricted housing. Sacramento city and county elected officials have cleared the way for the plan, with a final vote on the purchase scheduled for Nov. 10. According to The Sacramento Bee,...