Showing posts with label downtown partnership. Show all posts
Showing posts with label downtown partnership. Show all posts

Monday, June 25, 2007

The Saca continues...

Just days after CalPERS bought John Saca out of The Towers project, he is unveiling a new condo plan for downtown. According to News 10, the plan includes 320 condos at 10th and J st, across from Ceasar Chavez Park.

This part of downtown has struggled for a long time to overcome the reputation of being a little dangerous, a little dirty and very rundown. Music in the park on Fridays during the summer has drawn a bigger crowd back to the area but K St. is still dilapidated in several blocks, leaving a hole between Downtown Plaza and the Esquire. While the city succeeded in buying out the last few holdouts in 2006, not much has changed.

The new Saca project isn't on K St. or part of the K St development but it will surely feed more development in the area. Parts of J are just as patchy as K st in the immediate downtown area. Perhaps if he can make this project fly, it will be just what other developers need to get started making changed downtown.
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