Cannery Place Apartments

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Location:      Sacramento, CA

 

Project Cost:    $40.2 Million

 

Description:

   

Cannery Place was completed in 2015 by UrbanCore, and partners The Integral Group and The John Stewart Company.  

Located along Sacramento’s River District, Township 9 is a 65-acre mixed use urban master plan development,

blending a distinct variety of housing, office space and retail.

 

Cannery Place Apartments is the first vertical development at Township 9 and is located on the northwest

corner of 7th Street and D Street including 180 multi-family affordable units.

 

The project consists of a five-story wood-frame residential building wrapped around a 4-level concrete

parking garage, 10,000 sq. ft. of retail space, along with a 10,000 square foot public park that was built and

dedicated to the City.

 

Funding sources for this $40.2 million project included 4.0% Low Income Tax Credits together with tax-exempt

bond financing, City HOME Funds, and State Prop 1-C Funds.

 

 

 

 

 

 

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405 14th Street,
Suite 800
Oakland, CA 94612
Phone: (510) 350-7608