After years of delays and legal disputes, construction crews will finally head to the 700 block of K Street this week for an official groundbreaking of a redevelopment project that is vital to downtown’s future.
Mayor Kevin Johnson, Councilman Steve Hansen, City Manager John Shirey, Sacramento Housing and Redevelopment Agency Director La Shelle Dozier and others will be on hand for Thursday’s event. The festivities are scheduled to begin at 3 p.m. in St. Rose of Lima Park at the corner of Seventh and K streets.
The developers behind the project will also be there. Bay Miry of D&S Development and Ali Youssefi of CFY Development have been working on the plans for nearly five years.
Just one block from a new downtown sports arena under construction, the $55.4 million Seventh and K project will add 137 units of mixed-income housing and 63,000 square feet of retail space to K Street. Local restaurants, coffee shops and boutiques are in the plans. The developers, who are contributing nearly $40 million to the project, have also said they intend to add street-side patio seating and rooftop decks to the properties.