A Sign — Albeit a Little One — Of Some Economic Recovery

In a tiny microcosm of improvement in the construction industry, building has recently begun on a new home in Sacramento’s Tapestri Square midtown development.

The project was planned for 58 brownstone homes on a city block bounded by 20th St. and 21st and T and U Streets. Prices sought or the row houses ranged from the higher $300,000s to $800,000.

San Diego developer MetroNova Development LLC unveiled the in-fill in late 2007 — almost coincident with when housing prices tanked and demand evaporated.

Of the potential 58 two and three story homes, whose three models range in size from 1,335 to nearly 3,000 square feet, only 13 have been built. There are eight facing 20th Street and five facing T St.

Two additional concrete pads were laid along T St. before activity on the project halted last April.

However, after more than a year of inactivity, construction crews recently began framing a new home on one of the pads.


Filed under: Budget and Economy


  1. That’s all well and good if you wish to live beside the train and light rail tracks, and pay top dollar to do so!

    Last year we bought a 1,480 sq. ft. (there are only two of us and we’re retired) single family custom home on a quarter acre lot on the shore of a lake with 800 miles of shoreline and up to 900 feet deep for $135K. We damn sure didn’t buy it in California!

    I wouldn’t pay even that for crossing bells and the other noises.

    Comment by Curmudgeon46 — 8.20.2010 @ 6:39 pm

  2. Tapestri. There ought to be a law.

    P.S. How does this wonderful site receive so much “crank mail” with the security code?

    Keep it coming and thanks!

    Comment by El Ron — 8.21.2010 @ 5:32 am

  3. To Curmudgeon: Don’t let the door hit you on the way out. Now that you’re gone, there will be a little more for the rest of us. Thank you.

    Comment by Let it Bleed — 8.22.2010 @ 12:11 pm

RSS feed for comments on this post.

Leave a comment