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River District Background
A number of social service providers have operations in the River District. These include Loaves & Fishes, Salvation Army, Volunteers of America, Quinn Cottages, and Union Gospel Mission. Additionally, Sacramento Housing and Redevelopment Agency owns the Dos Rios Housing Project with 218 units of affordable housing.
The businesses in the River District range from retail to warehousing. Downtown Ford is located at North 16th Street and is among the larger sales tax revenue generators in the city. General Produce will be celebrating its 75th anniversary this fall and Schetter Electric its 50th anniversary. Sacramento Theatrical Lighting is on Richards Boulevard and is celebrating 60 years in business. The overall occupancy rate for industrial businesses is above 95%, and with the recent tenancy of Discovery Centre and Continental Plaza, the District’s office building occupancy rate jumped from 47% in 2006 to 97% in 2008.
In August 2008, the Township 9 project was approved for approximately 2,300 housing units, 150,000 square feet of retail and 800,000 square feet of office. The 65 acre project, located on the west side of North 7th Street north of Richards Boulevard, was awarded $17 million in State 1-C funds and anticipates starting construction in the Spring of 2009. Also newly approved is the headquarters consolidation of the California Highway Patrol which will bring 900 new employees to the District. The CHP Headquarters will be located at Continental Plaza, on the east side of North 7th Street north of Richards Boulevard. Both of these projects will benefit from the Regional Transit Light Rail Station that will be located on the northwest corner of Richards Boulevard and North 7th Street. This is the first segment of the Downtown/ Natomas/ Airport, or DNA, transit line which is scheduled to be completed in 2010.
