Interested in living at the WAL? Visit the WAL Website (opens in a new tab) or contact the WAL management office at 916-498-9033.
Project Summary
The Warehouse Art Lofts development celebrates the historical character of the historic Lawrence Warehouse building and industrial aesthetic of the R Street Corridor. The project includes new construction that connects to the historic warehouse, a podium parking structure, and 116 housing units designed and marketed towards Sacramento artists and creative minds. Building amenities include a rooftop deck, small community garden, a dance studio, a large community room, and ground floor retail facing R Street.
The WAL project is a catalyst project for the R Street Corridor and helps fulfill the community’s vision of a vibrant mixed-use neighborhood with historic character. The WAL is also a response to the vision and goals of CADA and the City of Sacramento to provide innovative housing, preserve historical character, and provide new jobs and economic growth for the R Street Corridor.
Fast Facts
Location: South side of R Street between 11th & 12th Streets
Unit Count: 116 units, 86 of which are affordable housing units
Commercial Space: Approximately 13,000 square feet
Acres: .88 Acres
Dwelling Units per Acre: 131.5 DUA
Developers: R Street Investors, LP, a partnership of CFY Development (Ali and Cyrus Youssefi) and John Cicerone.
Architect: Applied Architecture Inc; Michael F. Malinowski AIA, https://www.appliedarts.net/ (opens in a new tab)
Funding Provided by: RBC Capital Partners, California Housing and Community Development (HCD), California Tax Credit Allocation Committee, US Department of Parks and Recreation (Historic Tax Credits), Capitol Area Development Authority (CADA), JP Morgan Chase Bank, California Community Reinvestment Corporation (CCRC).
Site Cleanup Partnership with the US EPA
CADA received a loan from a U.S. Environmental Protection Agency’s Brownfields grant program to help pay for the cleanup. Under DTSC’s oversight, CADA prepared a removal action plan and excavated and removed approximately 5,000 cubic yards of contaminated soil to a depth of eight feet. Soils were transported to a permitted facility and the cleanup was completed by the summer of 2004. In September 2004, DTSC issued a certificate of completion that all environmental cleanup activities were completed and that the site was suitable for unrestricted land use. Recently, CADA begain the required repayment of its EPA cleanup loans. To learn more, please view the US EPA’s project summary at:
https://www.dtsc.ca.gov/Success/upload/CADA.pdf
