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Sacramento developer David Taylor and a prominent Colorado sports facility developer have been pegged as the top contenders in an effort to build the city a new downtown arena. Mayor Kevin Johnson's arena task force is recommending city officials work with Taylor and ICON Venue Group to determine if building a sports and entertainment center is feasible now and if they're the right team for the project. In an analysis released Friday, the task force encouraged the city to give the ICON-Taylor team 90 days to study the viability of such a project and to develop a proposal and financing plan. The team was handpicked by Johnson after another team, which then included Taylor, failed to produ
A team handpicked by Mayor Kevin Johnson and led by Sacramento developer David Taylor and national sports facility builders has emerged as one of the frontrunners to develop a new arena. Taylor quietly ended his partnership with developer Gerry Kamilos after their first proposal, a complicated land swap, didn't produce a viable proposal by its October deadline. Taylor is now partnering with the historic railyards' new owner, Inland Real Estate Group of Companies, and others. On Thursday, his group submitted a letter of interest to Johnson's arena task force briefly outlining a proposed process for developing a sports and entertainment center. Another three teams submitted new or modified
Mayor Kevin Johnson's arena task force resumed its work to get a new facility built in Sacramento Thursday – minus two members who've now thrown their expertise behind a runner-up proposal. At the same time, the task force is opening the process to more developers after its top choice – a complicated three-way land swap submitted by developers Gerry Kamilos and David Taylor – didn't pan out. The task force is accepting new proposals as well as updated versions from the first round of proposals submitted last December. The public is expected to get its first look at the contenders in early January, the group said Thursday in a press release. In a surprise move, two task force members dec
This Tuesday, clean tech players from around the region will gather to discuss the latest industry buzz at CleanStart’s PowerSurge networking mixer at McClellan Park. The event includes a tour of Technikon’s Renewable Energy Testing Center (RETC) as well as several other clean tech businesses located in McClellan Park. Featured speakers include Robert Weisenmiller, who was recently appointed by Governor Schwarzenegger as one of the five commissioners for the California Energy Commission (CEC) and Kristine Mazzei, partner at Valley Vision, a nonprofit association working to secure the social, environmental and economic health of the Sacramento Region. "The Sacramento Region's clean techn
Mayor Kevin Johnson’s volunteer task force on Thursday continued its second session of challenging proposals presented by prospective developers of a new arena in Sacramento. The 12-member task force heard presentations from Thomas Enterprises, the Kamilos Group, Natomas ESC Partners and Tripp Development. The prospective developers explained their financing plans, among other issues. Task force member Mike Kvarme asked how much of Thomas Enterprises’ project financing would rely on obtaining federal funding. “It’s a large part of it,” said Suheil Totah, vice president of Thomas Enterprises. Totah also commented on the site’s location at the railyards in Downtown. Thomas Enterprises is