sacramento infill development
The Skinny on the McKinley Village Housing Development in East Sacramento
We are selling homes in McKinley Village. The Elizabeth Weintraub Team represented a home buyer for a roof-top patio plan with a first-floor bedroom in the mid-500’s. I should say that whenever I receive calls about homes in East Sacramento, some of the questions that invariably pop up are about the McKinley Village housing development, which is why we are becoming experts on this development, spearheaded by developer Phil Angelides.
Angelides has faced a long battle to bring the McKinley Village housing development to fruition. For a while there, all the main thoroughfares in East Sacramento featured lawn signs against McKinley Village. Some, not all, of the objections are based on NIMBY. Which is also interesting because there is another project clearing ground in Upper Land Park for new housing on 5th Street, called The Mill at Broadway, and nobody in Upper Land Park seems to carry on with much public opposition, even though it will bring more traffic and air pollution to this densely populated area. Upper Land Park residents seem to be of the mindset, yay, get rid of that eyesore and bring in a community. East Sacramento residents appear the opposite.
An issue with the McKinley Village housing development has been access to the 49-acre site. First, I hate to say this, but please let me point out that this development lies between the Business 80 freeway and the Union Pacific railroad tracks. It’s not exactly your premier location, following the adage of location, location, location in real estate. 52 trains a day go by. Who wakes up one morning to declare, Holy Toledo, Henry, you know let’s move out of this dump and take up residence in a new area sandwiched between the freeway and rail tracks. Doesn’t that sound lovely? Not to mention, the site of the former city landfill, but what the hey. The tradeoff is it will be brand new housing. Plus, a 10-minute commute to downtown Sacramento.
Construction begins summer of 2015 on a tunnel that will provide the main point of entry into the development. It will cost around $10 million and take a year-and-a-half to complete. The spot of entry is between 40th Street and Tivoli from C Street. The secondary location will be to improve the existing overcrossing from 28th Street. My real estate office, Lyon, is located just a few blocks away down 28th Street on the corner of J Street, and while I almost get killed now trying to pull out from the garage alley onto 28th Street, I imagine the traffic will pick up. Which means Lyon Real Estate has a great spot for visibility, and we’ll probably get more phone calls about the McKinley Village development than any other real estate office in Sacramento.
The tunnel is slated for completion around April of 2016 and construction should begin on the model homes next October. These are ultimately 60 different styles of homes in the works, ranging from 1,200 to 3,000 square feet, offering 312 single family homes and 4 six-plex condo buildings. The six-plex condo buildings lie in the center of the property, most likely will have the least amount of exterior noise, and the top units have an elevator. How cool is that? We have all the floor plans and model names.
If you’re interested in buying a home in East Sacramento close to the development at today’s affordable prices I suggest you take a look at my listing on #1 Declan Court in Sacramento. These are a group of brand new homes on the former site of 6014 T Street, 3 master suites, solar and priced at $449K with all upgrades. Call or text your East Sacramento Realtor, Elizabeth Weintraub, Lyon RE, at 916.233.6759, for more information. Of course, we’re also happy to show you homes in McKinley Village.
Remember, once you step on a builder’s property without a REALTOR, your agent might not be able represent you if you are not registered with the builder through your agent. But call us, we can work around it if you’ve already been there. Sure, call the top producing Elizabeth Weintraub Team today at 916.233.6759. Get your own buyer’s agent, like us. It’s the smart thing to do.