1901 Broadway

Posted: 9/20/2019
224 Units
1.27 Acres
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About

About 1901 Broadway

Cushman & Wakefield, as exclusive advisor, is pleased to present the opportunity to acquire 1901 Broadway (the "Property"), a premier light rail adjacent multifamily development site in Sacramento’s urban core. Comprised of ±1.27 acres encompassing a full city block, current designs for the Property anticipate a six-story, 224 unit surface-parked apartment community. 1901 Broadway’s location in the heart of the Broadway Corridor and adjacent to the thriving Midtown and Downtown submarkets provides future residents instant access to the live-work-play offerings that have transformed Sacramento into California’s fastest growing major city.

1901 Broadway is currently a 28,415 square foot vacant office building with a 51 stall parking lot. One of the most respected architectural firms in the Sacramento region has contemplated a new 224 unit surface-parked multifamily community with 4,772 square feet of complementary ground floor retail space. The City of Sacramento is a supportive partner that has already proven it will approve a highdensity project at this site and is eager to help bring this development to fruition.

1901 Broadway provides the rare opportunity to acquire a significant infill development opportunity in the heart of Sacramento’s urban revival. With a high-efficiency design and transit-oriented location, the Property will provide future residents a highly amenitized living experience and convenient enjoyment of Sacramento’s highly sought after lifestyle amenities.