Construction got underway Friday on what Mayor Darrell Steinberg hailed as a groundbreaking piece of Sacramento’s housing future – a midrise apartment complex that will include 300-square-foot “micro-units” with rents under $1,000.
Steinberg, in a speech at the 19th and J streets construction site, said the 19J project is a model for what Sacramento needs to accomplish if it is going to thrive as a place for young people to live.
The average central-city rent has been growing annually, and currently is $1,487 a month for a 781-square-foot, one-bedroom apartment, according to Colliers International and MPF Research.
Nikky Mohanna, 27, a partner with her father at Mohanna Development Co., said she is building the 19J project with young friends in mind who want to live near jobs and entertainment, and who may not own a car.
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Opening date for the 11-story, 175-unit project is scheduled around the end of 2018. Eighty percent of the units will be studios.
Mohanna is vowing to keep the smallest units under $1,000 a month, but she said it’s hard to predict what rents for larger units will be when the complex opens in late 2018.
“We made a commitment these are going to be affordable by design,” she said. “Hopefully, it will provide proof for this type of structure, which we have not seen in Sacramento.”