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March 5, 2029

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401 I St

New Construction, Site Work

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$90,000,000.00

Public - City

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401 I St, Sacramento, CA

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https://sfyimby.com/2023/09/permits-filed-for-642-5th-street-by-sacramento-valley-station.html Sep 15, 2023 The feature image shows SVS Block A, the proposed hotel component for the Sacramento Valley Station masterplan. Illustrations for the apartments at 642 5th Street have not yet been published. Design review permits have been filed for a residential infill at 642 5th Street within the Sacramento Valley Station master plan in Downtown Sacramento. The proposed building will add 300 apartments to the 31-acre plan to create a mixed-use district next to the Amtrak Station. The address suggests the housing would replace a commercial office component on Lot 40.The Sacramento County parcel viewer shows that the parcel in question spans 1.86 acres across an irregularly shaped plot of land. The narrow lot runs along 5th Street from H Street up to F Street. The initial master plan drafted by Perkins&Will shows the area occupied by a mid-rise structure and a taller office tower rising above a podium deck. The structures are spliced by a bicycle and pedestrian accessway connecting 5th Street with the internal transit connection pathway. The application plans a 475,780-square-foot structure with 300 residential units, a 2,480-square-foot commercial space, and parking for 304 cars. The project height and other details are not specified.The City of Sacramento is the current property owner, having purchased the site in 2007. The historic 1926-built train depot was renovated between 2014 to 2016 for $33 million, increasing the transit hub's accessibility and services. Public outreach for planning the transit-oriented development hub started in 2017, with the results culminating with draft area plans revealed in mid-2020 during a virtual open house. Initial plans were for around 750,000 square feet of commercial space and 460 apartments. The project is directly across from the currently under-construction Superior Court of California in Sacramento County. The $514 million project contains 53 new courtrooms across 18 floors, replacing the 35-courtroom Gorden D Schaber Courthouse. NBBJ is responsible for the design. The tower, now topped out and nearly fully clad, is expected to open next year. The master plan was drafted by Perkins&Will with ARUP, Grimshaw Architects, EPS, AIM Consulting, and the city. Construction on the first phases is expected to start as early as 2027 or 2028. __________________________________________ Plans call for future uses of housing, hotel and office space on a new master plan for Sacramento Valley Station. The master plan estimates the property could become home to 400 residential units and 800,000 square feet of commercial space, including a hotel. As of June 2023, the master plan has been completed and is seeking funding. The project requires a storm drain to be built. In April 2021, the city council approved the final master plan for the station. Construction is not expected to begin before 2029.

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