Lot X, On the Southwest Corner of Capitol Mall and Third Street in Downtown Sacramento, Could See Construction Soon
Source: Sacramento Business Journal
Brokers: Ken Turton
For nearly two decades, some of the properties now poised for new activity had previous proposals come and go. An ardent Downtown booster could make a longer list, but the most high-profile of those properties would include 800 K/801 L St.; 301 Capitol Mall; Lot X on Capitol Mall, 920, 924 and 930 K St.; 831 L St. and 921 10th St.
Ken Turton, Turton Commercial’s owner and president, said it was a perfect storm to produce urban development: high interest, a good economy and relatively low construction costs and interest rates.