Business & Real Estate

May 30, 2014

Deal in works to salvage Sacramento’s stalled 700 K Street project

Sacramento’s plans to revitalize the 700 block of K Street, stalled for a year by a dispute between the city and state, may soon have new life. In a deal brokered by Senate President Pro Tem Darrell Steinberg, the state has tentatively agreed to allow the city to take control of the property, and the city in turn will drop a lawsuit against the state, said city and state representatives.

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