Bad news first: Vacancies in the Sacramento office sector remain high, there were no new construction projects in 2014 and average asking lease rates stayed flat at $1.69 per square foot per month. But these stats are yesterday’s news, say real estate analysts.
Downtown Sacramento used to be a dump with a capital D. It was a place for work during the week, but crime and trash made people scatter on nights and weekends. That changed in the mid-1990s when property owners realized blight was bad for business and decided an urban overhaul was in order.
Barry Broome has been tapped as the president and CEO of the newly formed Greater Sacramento Area Economic Council and will drive the organization’s mission to attract businesses to the Capital Region. His extensive background in economic development includes six years as the CEO of Southwest Michigan First and 10 years as the president and CEO of the Greater Phoenix Economic Council.
HomeZada is more than digital storage for insurance purposes. The comprehensive solution helps long-time homeowners and new buyers maintain and manage their budgets, plans and possessions online.
If Portland can have one, Sacramento can, too. That is the sentiment among those in favor of running a 3.3-mile trolley line through the heart of the River City.
On March 24 at the Pavilions Shopping Center developer Federico Cohan, founder of Luxe Urban Life Inc., introduced his new development project.
Lawson says Ygrene has approved $60 million in loans for energy upgrades in Sacramento, Yolo and Butte counties and estimates that installed upgrades will result in the reduction of 40,000 metric tons of CO2 over their lifetimes.
Which activities would you like to see?
After a decade at the helm of Sacramento State’s College of Business Administration, Sanjay Varshney in late August accepted a position as a vice president and wealth advisor at Wells Fargo Bank—Wealth Management Group. Varshney is a professor of finance at Sac State. He is also the chief economist for the Sacramento Business Review, making him one of the region’s preeminent voices on economics, business and higher education.
Momentum is shifting in the Capital Region, and young professionals are leading the charge. General skepticism is being replaced with emerging optimism and a renewed energy that’s providing the catalyst for growth and innovation across our cities. Here are the top ten young leaders we think you should be watching. They are driving the Capital Region’s evolution, and we anticipate you’ll see them at the forefront in 2015 and decades to come.