Press

SACRAMENTO, Calif. — Sacramento city officials broke ground on a housing complex set to include 196 units near Aggie Square. Stockton Gateway, a $15 million project, is being developed by College Town International (CTI Housing) and is expected to complete construction by late 2026. The developers joined Sacramento City Council members and partners of the Aggie Square project for the groundbreaking ceremony in early December.

Breaking ground on a new chapter for Stockton Boulevard, Sacramento officials and development partners have launched the Stockton Gateway project, which promises 196 mixed-income housing units near the UC Davis Aggie Square. The ceremony was marked by enthusiasm from community leaders who see the development as a significant investment in an area that has long awaited economic attention and rejuvenation. Mayor Darrell Steinberg expressed the city’s focus on inclusive economic development associating it directly with the building of affordable housing, as the Stockton Boulevard area echoes with the potential to uplift neighborhood quality of life, as reported by Sacramento City Express.

Permits have been filed for a new four-story mixed-use project along Sacramento’s burgeoning Stockton Boulevard close to UC Davis’s medical center. The proposal, named Remington, would replace a vacant parcel between Stockton Boulevard and 47th Street with dozens of homes and new retail space. Los Angeles-based CTI Housing is the project sponsor.

With Aggie Square slated to open early next year on Stockton Boulevard south of UC Davis Medical Center, several developers have bought land nearby for housing projects. Here’s the latest addition to that list.

Sacramento City Council members will vote Tuesday on approving $35.4 million in funding for 820 new affordable housing units and transitional housing beds in seven projects throughout the city, building on the nearly 2,000 affordable units already in the construction pipeline or completed in recent weeks.

A vote Tuesday by the Sacramento City Council would not only move two housing projects with an affordable component to the starting line, it would also represent a shift in city policy.

A Los Angeles developer plans to build two apartment buildings on Stockton Boulevard near the new UC Davis Aggie Square development. LW Gateway has submitted plans with the city to build two buildings on long-vacant lots along Stockton Boulevard between Ninth and 10th avenues.

The project, which is being developed by College Town International (CTI), is located in the heart of downtown Springfield at 505 E. St. Louis Street, and is just four blocks from Missouri State University (MSU). In addition to serving students from MSU, the project is expected to also be an attractive off-campus housing option for students at nearby Drury University, Ozark Technical College and Evangel University.

Leveraging a part of the Republican Party’s signature 2017 tax reform that was intended to benefit wealthy capital-gains taxpayers and impoverished communities alike, a Los Angeles-based development firm plans to build a $50 million apartment complex on 1.8 acres off downtown Springfield’s St. Louis Street, along Benton Avenue.

A California-based developer is planning a $50 million housing complex in downtown Springfield, and project officials are targeting a groundbreaking next month. College Town International LLC, a Los Angeles-based development company, is building a five-story, 194-unit complex at the site of the former Arbor motel on St. Louis Street. The site, a mostly vacant lot for over a decade, is adjacent to The Old Glass Place and across the street from the Discovery Center of Springfield Inc.