Township 9, a planned development along the banks of the American River north of downtown Sacramento, is finally about to get some serious momentum.
The developer, 29th Street Capital, has submitted plans with the City of Sacramento to build 542 units in Township 9. Rob Hedrick, 29th Street Capital’s vice president of development, said the company hopes to break ground around September or October. , with the objective of ending in early 2025.
Units built will be at market rate, which means they are not subject to income restrictions. An apartment building in Township 9 called Cannery Place has already been built and has 180 affordable units.
Township 9 is located between Richards Boulevard and the American River, just north of The Railyards. The neighborhood will eventually include hundreds of residential units, parks, and direct river access – a rarity for a Sacramento neighborhood.
The construction phase planned for this year includes 10 three-storey garden-style apartment buildings with a total of 372 units. A nearby five-story building will have 170 units. The project also includes a “two-story amenity building with an outdoor pool and deck,” according to a project narrative filed with permit applications.
A largely industrial area, the Richards Boulevard Corridor has been receiving more attention lately.
The State of California is completing the large office complex on Richards Boulevard across from Township 9. This development will include four office towers that could one day accommodate more than 4,500 workers.