
D&S Plans Big New Midtown Project – But Not Right Away
Source: Sacramento Business Journal
Brokers: Ken Turton , Jon Lang
D&S Development Inc. has submitted plans to the city of Sacramento for its largest urban housing project yet — but there’s a bit of a catch.
The Sacramento-based infill developer doesn’t own, yet, all of the parcels for the proposed K21 project, which would have 296 apartments above 8,000 square feet of commercial space on the northwest corner of 21st and K streets in Midtown.
“No costs or timing at this time since we still are working with Planning on design review and approvals,” Sara Lebastchi, vice president of operations at D&S, said in an email. “Construction start would be some time out.”
According to the application, K21 would be an eight-story, 250,595-square-foot building with 233 studio units, 50 one-bedroom units and 13 two-bedroom units. Sizes would range from 410 square feet for studios to 986 square feet for the two-bedroom apartments.