Sacramento Housing & Redevelopment Agency to Puchase Properties on K Street!!!

Real Estate Agent with Coldwell Banker DRE# 01706589
So I am watching the 10:00 evening news, and KCRA 3 is reporting that the Sacramento City Council and property owner Mo Mohanna agreed in a closed session tonight to sell Mohanna's properties on the 700 & 800 blocks of K Street to the Sacramento Housing & Redevelopment Agency! A few months ago, the City of Sacramento started eminent domain action to take posession of this property. This action averts the eminent domain. The agreed upon sales price is apparently $18.6M. I have heard two presentations by the Downtown Sacramento Partnership regarding development plans for this area...this is very cool. I look forward to the improvements to this part of Downtown Sacramento!!! View Larger Map

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Paula Swayne
Dunnigan, Realtors, Sacramento (916) 425-9715 - Sacramento, CA
Realtor-Land Park, East Sac & Curtis Park -Dunniga

Hi Erin!
I was excited about this too...I heard such stores as Crate and Barrel are going in at those sites! It might finally be the thing to turn downtown least I sure hope so!

Oct 08, 2008 05:38 PM #1
Myrl Jeffcoat
GreatWest Realty - Sacramento, CA
Greater Sacramento Real Estate Agent

When the news broke about this happening, I began to get excited for the area.  I know it has been a long haul trying to turn downtown around.

Oct 10, 2008 05:05 AM #2
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Erin Stumpf (Attardi)

916-342-1372 / DRE# 01706589 Sacramento, CA
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