Showing articles 1 - 4 of 4 tagged as "sacramento alliance team"

Council chooses two teams to revamp K Street

 In an upset vote, the Sacramento City Council on Tuesday chose two teams — one led by D & S Development, Inc. and CFY Development, Inc. and the other by Sacramento developer David Taylor — to revitalize two troubled blocks on K Street Mall. In a split vote of 5 to 4, the council agreed to enter into an exclusive negotiating agreement with the teams endorsed by a selection committee to redevelop the 700 and 800 blocks of K Street. The majority of council members opted not to follow the recommendation of Mayor Kevin Johnson's ad hoc committee to give the entire project to the Sacramento Alliance Team, led by Rubicon Partners, St. Anton Partners and Preferred Capital Advisors. "We need to

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Council to choose K Street developers

The Sacramento City Council is set to vote Tuesday night on the developers who will tackle the blighted K Street Mall. The question before the council is whether to support the recommendation of Mayor Kevin Johnson's ad hoc committee to go with the biggest proposal, which has a "Boqueria" public market as its centerpiece, or to back two other proposals to redevelop the troubled 700 and 800 blocks of K Street on $40 million in city-owned land. Only one selection committee had been identified in the city's request for qualifications. Last month, that committee recommended the 700 block be redeveloped by D & S Development and CFY Development, with their Promenade on K project estimated at $

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Mayor's team chooses K Street developers

An ad hoc committee led by Sacramento Mayor Kevin Johnson is backing the developers of the Citizen Hotel to redevelop the 700 and 800 blocks of K Street Mall with a huge public market as the centerpiece. The committee, made up of four City Council members - Steve Cohn, Rob Fong, Ray Tretheway and Johnson - is recommending that the Sacramento Alliance Team led by Rubicon Partners, St. Anton Partners and Preferred Capital Advisors be given the project to revamp city-owned property on those blocks, according to a city staff report released Thursday afternoon. The City Council is set to vote on the matter Tuesday. Last month, a special committee set up by the city recommended two other team

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Boqueria centerpiece for K Street plan

They brought Sacramento the Citizen Hotel and its restaurant, Grange. Now that same team is proposing an even more ambitious downtown project. Calling themselves the Sacramento Alliance Team, the partners behind the Citizen Hotel are seeking Sacramento City Council approval to redevelop the 700 and 800 blocks of K Street Mall. Two weeks before a council vote on the matter, they held an open meeting on the plan's centerpiece: a 35,000-square-foot public market, tentatively called the California Boqueria, that would showcase the state's food and wine at the corner of Eighth and K streets. Two of the partners, Rubicon Partners co-founder Kipp Blewett and Grange Executive Chef Michael Tuohy

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