Alkali Flat is the oldest remaining neighborhood in Sacramento, and is undergoing a transformation into a community of residents, employees, artisans, restaurants and retailers. Between 2016 and 2019 over 1,000 new residential units were added to the Downtown Grid and/or immediately surrounding blocks, including The Creamery, which is a new development of modern tri-level homes. The Creamery has been occupied by a heady brew of professionals, “creatives,” young families and energetic mid-agers looking to reconnect with the eclectic and electric charms of the neighborhood.
4 minutes from the Property is the Golden 1 Center sports and entertainment complex. A third-party study estimates that the 17,500 seat arena will attract 1.6 million new visitors to Downtown Sacramento each year, and will be the driving force behind $11.58 billion in positive economic growth over the next 35 years. The arena hosts over 200 events each year ranging from sporting events to concerts to civic events and ceremonies. The surrounding DOCO development will feature over 600,000 square feet of retail shopping, dining and entertainment space thus creating a truly dynamic year-round shopping and lifestyle destination.
6 minutes from the Property is the California State Capitol, the policy-making epicenter of the world’s 6th largest economy.
