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Folsom unveils plan to add 30,000 residents
By Walter Yost - Bee Staff Writer
Published 9:03 pm PDT Tuesday, June 12, 2007
The city of Folsom took a major step Tuesday toward its long-sought goal of moving south of Highway 50, unveiling a detailed plan that would add up to 30,000 residents.
The proposed plan to develop 3,500 acres envisions nearly 12,000 new residential units and more than 7,500 new jobs. Also included is a 100-acre site designated for a potential regional mall. Folsom had about 69,000 residents in 2006, according to state Department of Finance figures.
City officials said their plans, subject to extensive public review and environmental scrutiny, will retain more than 30 percent of the area, including prairie and oak woodlands, as undeveloped open space.
The remainder will be divided among offices, parks, schools and shops. The acreage is owned by seven landowners, including partnerships that include Angelo K. Tsakopoulos, the largest land developer in Sacramento.
The annexation is expected to take more than two years and city leaders don't anticipate being able to start developing the area until January 2010 at the earliest.
For a complete story, see Wednesday's Bee.
About the writer:
- The Bee's Walter Yost can be reached at (916) 608-7449 or wyost@sacbee.com.
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