Read the full article by Ben van der Meer at Sacramento Business Journal
The development firm named Wednesday to oversee converting state office buildings on Capitol Mall into housing has two tracks of work ahead of it, said the company’s chief development officer.
After the announcement event outside one of those buildings at 800 Capitol Mall, Chief Development Officer Adhi Nagraj said McCormack Baron Salazar both needs to exercise due diligence on the three buildings themselves, and start meeting with the community to find out what’s needed.
“We really want to do this dual-track process,” he said, explaining that will help determine the ultimate number of units, affordability requirements, apartment configurations and more. “We’ll need several months as we go through the process for creating a mixed-income, vibrant community.”