
Ambitious Tower 301 Project Could Dramatically Change City Skyline
Source: Sacramento Business Journal
Brokers: Ken Turton
Plans have been filed for a 33-story mixed-use tower for 301 Capitol Mall, in a project that promises to change downtown Sacramento’s skyline and fill one of its most notably empty spots.
While welcoming the news, observers said the onus now is on developer CIM Group to turn the proposal into an actual project. And people who specialize in office leasing said that while the building is slated to have a sizable chunk of new Class A office space, it’s not clear if the local market is ready.