Completed Projects

Fremont Building

NEW CONSTRUCTION:
Developed by Shasta Properties of Sacramento. Completed in 2001, this is the first boulevard style high density housing in Sacramento. It incorporates three stories of apartments above ground-floor retail. 11 of the 69 apartments in this complex have affordability requirements as set by the Sacramento Housing and Redevelopment Agency that contributed financing to this project.

Please contact CADA for the most recent information.

Development Details
Status:	Completed June 2001
Location:	1501 16th Street
Developer:	Partnership headed by Sotiris Kolokotronis
Unit Count:	8 Studios (490 S.F.) 24 1BD/1BA (765 SF) 9 2BD/1BA (1,066 – 1,070 SF) 28 2BD/2BA (1,135 – 1,191 SF) Total Units: 69 Note: 11 of the 69 apartments have affordability requirements.
Total Building Area:	99,383 SF
Acres:	0.88 Acres
Dwelling Units per Acre:	78 DUA
Retail Space:	12,000 SF
Retail Tenants:	Starbuck’s, Togo’s/Baskin Robbins, Pronto, Uncle Vito’s, Supercuts and Nishiki Sushi
Parking:	69 Spaces
Estimated Development Costs:	$9,803,853 Total
Sources of Financing:	$7,200,000 Permanent Bank Loan $570,000 CADA Land Acquisition Loan $793,853 Developer Equity $1,240,000 Sacramento Housing and Redevelopment Agency (SHRA) Loan
Renting/Leasing Contact:	(916) 551-1494

These figures are subject to change.

Completed Projects

Fremont Building

Development Details