This is a very dissatisfying proposal. When the Redevelopment Agency agreed to sell the property 16 years ago, it did so under the impression that two towers befitting Capitol Mall would get built. So far, Sacramento’s grand boulevard has received a sterile office tower and a temporary surface parking lot from the property owner, David Taylor. Now that Mr. Taylor has received susbsidy after subsidy, he’s cashing out and selling out to Shorenstein. I’m happy the new owner finally wants to develop 601 CM. Unfortunately, it wants to build an underwhelming midrise on a property that was designated for a high rise. This is unacceptable. Shorenstein should either go big or go home. The city has bent over backwards for developers over the past two decades, but the results have been disappointing. It’s time for the city to stand up to the developers. Demand better. If Shorenstein insists on building a 5-story midrise, let it build one on the scores of empty or underdeveloped lots in Midtown.
This is a very dissatisfying proposal. When the Redevelopment Agency agreed to sell the property 16 years ago, it did so under the impression that two towers befitting Capitol Mall would get built. So far, Sacramento’s grand boulevard has received a sterile office tower and a temporary surface parking lot from the property owner, David Taylor. Now that Mr. Taylor has received susbsidy after subsidy, he’s cashing out and selling out to Shorenstein. I’m happy the new owner finally wants to develop 601 CM. Unfortunately, it wants to build an underwhelming midrise on a property that was designated for a high rise. This is unacceptable. Shorenstein should either go big or go home. The city has bent over backwards for developers over the past two decades, but the results have been disappointing. It’s time for the city to stand up to the developers. Demand better. If Shorenstein insists on building a 5-story midrise, let it build one on the scores of empty or underdeveloped lots in Midtown.