Showing articles 1 - 6 of 6 tagged as "economic development"

Metro Chamber: Arena report confirms economic benefits of a new facility

An initial economic analysis of building a new entertainment and sports complex in Sacramento confirms the Sacramento Metro Chamber’s long-standing belief: A properly located arena will create thousands of jobs and millions of dollars in economic benefits for the entire region. “The Metro Chamber has long-held that a new entertainment and sports facility will be a huge job generator for our region,” said Matt Mahood, Metro Chamber president & CEO. “The Sacramento First Task Force’s “Threshold” report shows how—at a time when unemployment is so high—building and running the complex will create 4,095 new jobs. I say let’s get it started!” The report was released Jan. 7. Residents in simila

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Sacramento Building Healthy Communities

On November 21, 2009, the Sacramento Building Healthy Communities collaborative hosted two events in Oak Park and South Sacramento, designed to educate communities on the 10-year Building Healthy Communities (BHC) process. Earlier this year, the California Endowment awarded funding to 14 communities over ten years as part of their Building Healthy Communities program. This effort was designed to infuse at least $10 million into each community to bring about systemic change. The efforts are to be driven by four goals: • Health systems are family-centered and prioritize prevention. • Schools anchor communities, promote healthy behaviors and are a gateway for resources and services. • Human

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Land Giveaway at 8th & K

City plans to demolish the Bel-Vue and adjacent buildings were mentioned in my Sacramento Press article on July 3 ( http://sacramentopress.com/headline/10159/City_To_Demolish_Landmark_BelVue_Building ) but at the time the developer and financing organization behind the project were not identified. Since then, both have appeared, along with an additional partner. The financier, Consus Asset Management, is a new player in Sacramento. The developer, Bob Leach, just completed another Sacramento project, the Le Rivage Hotel. The other player in this project is a well-known name in K Street real estate, Mohammed “Mo” Mohanna. All three are asking the city for $18.6 million in free real estate an

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Crocker expansion to boost businesses

Art connoisseurs are already reveling in the expanded offerings that will deck out Crocker Art Museum's new wing. But art lovers won't be the only ones to benefit. The capital's economic vitality is expected to get a big boost when the 125,000-square-foot expansion triples the museum's size upon opening next year. "I think it's going to really elevate Sacramento's visibility as a cultural destination," said Michelle Alexander, executive director of the Arts & Business Council of Sacramento. "Cultural tourism is a big, key factor in economic health." In the next few weeks, construction crews will begin building the connection from the contemporary new wing to the future education studio

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Urban Land Institute panel studies Stockton Blvd Opportunity Area

Several months ago I had the opportunity to discuss with Vice Mayor Lauren Hammond the concept of an opportunity site study for re-use ideas on the Stockton Blvd. commercial corridor.  She verbalized a concept targeting a large amount of vacant land centrally located on Stockton Blvd within the city limits.  Subsequent conversations with representatives of SHRA, city council and the Stockton Blvd Partnership resulted in outreach to the Urban Land Institute for a collaborative study of the opportunity site.  A panel of distinguished representatives of The National Urban Land Institute (ULI) arrived and was welcomed to Sacramento Sunday evening. The ULI panel was commissioned to provide th

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Bikeramento Week Launches on the Pedals of the Amgen Tour of California

SACRAMENTO, Cal. - FEBRUARY 9, 2009 - A local group of bicycle advocates launch the 1st Annual Bikeramento Week from Feb. 9-14, culminating on Valentine’s Day with a race day watch party at 18th and L on the patio of the Buckhorn Grill during the Amgen Tour of California, the largest bicycle race in the United States. Each day this week, the team offers a different bicycle-friendly event to highlight Sacramento’s potential as a bikeable community to both visitors and locals alike. By attending events, participants can win a pair of tickets to the Bikeramento Patio during the Amgen prologue on Saturday. The group wishes to raise awareness of bicycles as a transportation norm. “This is a g

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