This Sacramento Bee editorial is right: “The task force also plans to look at options onSacramento’s riverfront, which is a shadow of what it could be…”
Riverfront development is also an area we examined in a larger context in our 2007 research report The American River Parkway: Governance, Ecoregionalism, & Heritage, (pages 17-29)
An excerpt from the Bee article.
“Sacramento is now on to Plan C for a big, job-creating project in the central city.
“As well it should be. The railyard, riverfront and downtown are ripe for opportunity. What’s missing is a catalyst to jump start additional development.
“Mayor Kevin Johnson this week acknowledged the reality that Plan B – a downtown arena without the Kings – was a pipe dream.
“The numbers just don’t work. AEG, the big-time operator that was going to be a key partner, informed the city that an indoor arena wouldn’t make financial sense without a pro sports team as an anchor tenant. There was also the problem that the Kings could get off the hook for the $67 million they still owe the city if it helped build an arena in direct competition with Power Balance Pavilion.
“So now Johnson’s Think Big task force, which led the arena charge, will think broader on jobs and economic development.
“It plans to focus first on the railyard, the 240 acres billed as the nation’s largest infill development site. Some key infrastructure is in place or nearly finished, and important federal grants have been secured. An intermodal transit terminal is to be the centerpiece of the initial development, but the railyard could use another boost. Think Big is interested in a long list of possibilities, including an entertainment district, a corporate headquarters, maybe even a major league ballpark.
“The task force also plans to look at options on Sacramento’s riverfront, which is a shadow of what it could be, and at K Street and Downtown Plaza, where development dreams apparently go to die.”