Real Estate News

Apartment complex planned for parking lot of former Macy’s store in Arden Arcade

A developer plans to build a 200-unit apartment complex in a parking lot of a former Macy’s store near El Camino and Watt avenues in Arden Arcade.
A developer plans to build a 200-unit apartment complex in a parking lot of a former Macy’s store near El Camino and Watt avenues in Arden Arcade. Google Maps

A parking lot next to a vacant Arden Arcade department store is planned to become an apartment complex.

A Seattle developer plans to build a 200-unit, five-story complex near the corner of El Camino and Watt avenues, said Ben Wong, chief investment officer of Tourbineau Real Estate Partners. A Macy’s store stood at that corner for more than 50 years before it closed permanently in 2016.

The firm has not yet determined if the units will be market rate or income-restricted affordable, though they will likely be market rate, Wong said.

The project will not likely need Sacramento County Board of Supervisors approval, Wong said.

The firm plans to convert the Macy’s building itself into a self-storage facility, Wong said.

“We’re excited and look forward to redeveloping the former Macy’s at the Country Club Plaza and converting the long-vacant store into a self-storage facility operated by a major national brand,” Wong said. “In doing so, much of the lot that previously served as parking for the store will be freed up for new development. With the help of local and state pro-housing laws coming into effect, we plan to add new housing on the lot, which will be aimed at addressing the area’s long term housing shortage.”

This story was originally published October 2, 2025 at 4:05 PM.

Theresa Clift
The Sacramento Bee
Theresa Clift is the Regional Watchdog Reporter for The Sacramento Bee. She covered Sacramento City Hall for The Bee from 2018 through 2024. Before joining The Bee, she worked for newspapers in Pennsylvania, Virginia and Wisconsin. She grew up in Michigan and graduated with a journalism degree from Central Michigan University.
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