Promenade Parkway is a lonely stretch of road south of Elk Grove. Behind a chain-link fence, a steel skeleton of what was supposed to be the city’s first mall with a Macy’s department store and a 16-screen theater sits in the shadow of developer General Growth Properties Inc.’s Chapter 11 bankruptcy negotiations.
In his first year as Sacramento’s mayor, Kevin Johnson focused public attention on a series of initiatives targeting the arts, education, the economy and public safety, which aim to bring together experts and residents to develop action plans to move Sacramento forward in its development as a well-rounded city.
Construction projects aren’t known for their efficiencies and streamlined processes.
San Joaquin County needed 3,000 more unemployed workers like it needed a hole in the head, but that’s what it got with the closing of the NUMMI auto plant in Fremont and the related layoffs at its major suppliers.
Like many couples, Grass Valley residents Kendra Delaney and Rob Riley are searching for the perfect home. They’d like the house to be fewer than 10 years old, have at least three bedrooms, two bathrooms, a spacious kitchen and room for Delaney’s 6-year-old son, Sam. One other detail: The house must also be able to accommodate Delaney’s 62-year-old father, Jim Delaney.
The credit crunch and a wave of foreclosures swept the Capital Region housing market like a wildfire, turning the landscape into a scorched ruin with many familiar features gone, including some well-known names in home building and residential development.
A serendipitous land purchase in Auburn is breathing life into a town property hard-hit by the economy.
As the economy continues to struggle, finance and banking lawyers across the country are seeing an increase in commercial loan workouts, which range from simple loan modifications to complicated bankruptcies.
When the president announced his federal stimulus plan, jurisdictions across the nation crossed their fingers for funding, and Placer County got in line.
As Otto Construction’s Mike Feuz flips through the list of his company’s current projects, a pattern begins to emerge.
The housing industry is still making its way into national headlines this year — this time, it’s the Federal Housing Administration’s lending program.
The economy and state budget woes have slashed millions of dollars from public transit, forcing hundreds of layoffs, service cuts and fare increases that have pushed the price of a bus ride in Sacramento to among the highest in the nation.
In more than 40 years as an architect, Don Comstock has seen the profession weather some rough periods.
This month, Mayor Kevin Johnson’s Sacramento First Task Force will make recommendations as to how the city could get the most value from a proposed sports and entertainment complex.
Five years ago, Truckee’s Martis Camp fell out of the hands of land planners and golf-course designers and into the hands of lawyers.
Several projects are in the pipeline that could strengthen the Port of West Sacramento as a hub of green activity as soon as 2011.
Last November, San Francisco Federal Reserve Bank President Janet Yellen gave a speech on the national economy and put the prospects for the commercial real estate market in stark perspective.
For decades, the contours of the Capital Region economy seemed etched in stone. Government, manufacturing and construction employed the bulk of the population. After the boom and bust of the past decade, however, the job profile of the future could be almost unrecognizable.
Several new doors have opened in the Tahoe area the past five years, but few are as grand as those at the $300 million Ritz-Carlton at Northstar.
When boom went bust in Truckee, the mountain town wasn’t left empty-handed. Everywhere you look are reminders of the high times in the ski town’s real estate market — not only new homes, but new trails, a community center, a new middle school and affordable housing; the list goes on.