In
the final months of 2008, additional money from voter-approved
Proposition 1C was awarded to the development for brownfield clean-up
and a new video about The Railyards has been posted on YouTube. As
2009 approaches, there is much anticipation surrounding the
creation of thousands of new jobs to build infrastructure
at the 240-acre downtown Sacramento development.
YouTube
Debut
Ashort video highlighting The Railyards development project is
now available on YouTube. The six-minute presentation,
created as a tribute to our local, state and federal partners,
chronicles the recent history of the project including City
Council highlights, news clips and the visit of Governor Arnold
Schwarzenegger and other members of his administration.
Check out the Railyard Team Highlight Video at
http://www.youtube.com/Railyards2008 and look for regular
video
updates in the months ahead.
Brownfield
Award
The
California Pollution Control Financing Authority in
November approved a $15 million grant from Proposition
IC for clean-up at the former Union Pacific Railroad
site. The money was part of $53.8 million in grants and
loans awarded to redevelopment projects in Sacramento and 10
other counties in the state. While $5 million has been awarded, the
balance requires additional state action as part of a pending
economic stimulus plan which remains under discussion.
Infrastructure
Update
As
many as 3,000 new jobs are expected to be created in 2009 as a result
of The Railyards redevelopment. Plans are underway to
relocate the Union Pacific rail tracks 500 feet to the
north, construct two new overpasses over the relocated
tracks on 5th and 6th Streets, create Railyards Boulevard, and
begin remediation and abatement work on the historic shop
buildings. Stay tuned for an announcement regarding
groundbreaking at the site in early 2009.
Project
Opportunities
Be
sure to visit the Project Opportunities section of The Railyards
website to learn about upcoming RFQ's and RFP's related to
the project. You can sign up to receive project
opportunity updates at http://www.sacramentorailyards.com
The
Thomas team will be conducting a presentation for the California
Redevelopment Association Brownfield Roundtable on December 4.
Thanks
for a Great Year!
A
special thank you to our supporters and friends who helped us
celebrate some important milestones in 2008 including awards
of significant state bond funding for infrastructure, a visit
and personal project endorsement from Governor Schwarzenegger and the
near completion of soil clean-up at the site. We look
forward to continued community involvement and providing jobs
and economic benefits to the City and Sacramento region in the coming
years.
To
join our mailing list visit http://www.sacramentorailyards.com
Recent Newsletters
November 2008
October 2008
August/September 2008
July 2008
June 2008
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