Developer planning to build 147 single-family homes at this North Sacramento site
A developer has filed plans with the city of Sacramento to build a large housing development in North Sacramento.
The project would be built on a vacant 30-acre lot at Rio Linda Boulevard and Main Avenue, just north of Futures High School.
Denver-based The True Life Companies plans to construct 147 single-family detached homes that would be for sale in 2023, said Aidan Barry, executive vice president of the firm.
The houses will be market rate, but attainable, likely costing between roughly $500,000 and $600,000, though that could change based on the market, Barry said. The houses will have three or four bedrooms, and two or two and a half baths.
“There’s sometimes a thought this (council) district has been kind of passed over and so we’re very excited in introducing some market rate but attainably priced housing,” Barry said.
The project would require a rezoning, which will need City Council approval, said Kelli Trapani, a city spokeswoman. It also needs environmental approvals because it includes wetlands property, Barry said.
An old drainage runs through the property, and the developer plans to add trails and open space, which will be open to the public as well as the residents, Barry said. The developer also plans to find a source of funding to maintain the portion of the bike trail that affronts the property.
The developer also will connect Main Avenue to the other side of Rio Linda Boulevard, Barry said. The street currently dead ends at Rio Linda Boulevard.
Barry said he hopes the project can help address the city’s housing crisis. The crisis is being exacerbated by Bay Area residents moving to Sacramento seeking cheaper prices and more space to work remotely. Additionally, home values in the region jumped 21% in the last year — among the biggest increases in the country.
To meet the need, a whopping 45,580 new housing units are needed in the city by 2029, according to a state-mandated report.
“Our whole premise in life right now is to get as much housing as we can,” Barry said.
City Councilman Sean Loloee, who represents the area, said he supports the project.
“The developer has met with the community association to get some feedback and to listen to any concerns the community might have,” Loloee said in a text message. “It is my understanding there is going to be additional meetings with the community to make sure this new addition will complement the existing community. Very happy that the developer understands the importance of community engagement. Great addition to our district.”
Sharon Wright, of the Robla Park Community Association, said the neighborhood is excited about the project, although residents have some concerns, which they’re discussing with the developer.
“This project, if it comes to fruition, will certainly change and enhance the landscape of our area,” Wright said in an email. “We do have concerns and ideas that we hope will be included in the development to make it a seamless natural integration and bring additional value to the existing communities.”
The developer plans to begin construction in 2023, and have the units available for sale by the end of 2023, Barry said.
This story was originally published October 25, 2021 at 5:00 AM.
