An addendum to the Real Estate Brokerage Services RFP can be found by clicking Addendum 2. An addendum to the Real Estate Brokerage Services RFP can be found by clicking Addendum 1.
The purpose of this Request for Proposal (RFP) is to select a qualified Real Estate Brokerage firm to provide professional services related to real property assets owned by the City of Sacramento. For more information click on Real Estate Brokerage Services RFP.
Development Team Concepts/Proposal
On February 26, 2010 four development teams responded to the City's Request for Qualifications. To review a summary of the proposals, click 700-800 Block K & L RFQ Update.
Join us on March 22! The City of Sacramento invites you to learn more about the request for qualification submittals for the 700/800 Blocks of K and L streets. Four development teams will present their qualifications and project concepts, as well as share their exciting visions for the corridor.
Event Details
Time: 5:30 - 7:00 p.m.
Date: Monday, March 22, 2010
Location: Historic City Hall, 2nd Floor Hearing Room
Please Note: The due date for the Notice of Conduit Financing Opportunity has been extended to Tuesday, February 16 due to Presidents' Day holiday on Monday, February 15th. Notice of Conduit Financing Opportunity Recovery Zone Facility Bond (Private Activity Bonds) - The American Recovery and Reinvestment Act (ARRA) is a federal response to the national recession providing tools for all levels of government to put to use quickly to achieve short-term stimulus and provide long-term economic recovery. Recovery Zone Facility Bonds (RZFB) are a newly created, innovative financing tool that can be utilized for private sector projects. Authority to issue these bonds has been allocated to cities and counties as tools for local governments to stimulate development quickly. The City of Sacramento has been allocated the authority to issue $12 million in RZFB.
Sacramento is designated as Enterprise Zone.
Portions of Sacramento, Sacramento County and Rancho Cordova have been designated as an enterprise zone by the state to replace two expiring zones with one large one that will offer businesses incentives for job creation. Although the exact boundaries have not yet been defined, the total area of the new zone is expected to be about 40,000 acres. For incentive information on the current zone.
Economic Development secures $26,000 for business retention outreach. The Sacramento Employment and Training Agency recently announced that the Economic Development Department will receive $26,000 in federal stimulus funds for business retention and expansion outreach. This money will bolster the department's Business Visit Program - which comprises a business walk series targeting specific commercial corridors and one-on-one outreach to individual businesses. For more, read the Summer 2009 newsletter.
Study to examine Cars on K Street is underway.
It was 1969 when cars disappeared from the K Street Mall - a time when many cities across the nation were in favor of a pedestrian-friendly atmosphere to induce downtown activity. Today, partnering with the Department of Transportation, Economic Development is conducting a study to examine the benefits and associated impacts of returning cars to K Street. Visit the project Web page for more information.
