Voted Off the Island
Dream studio for filmmakers dissolves amidst Vallejo debate
Carissa Carpenter had her eye on Mare Island for the location of a state-of-the-art movie and television studio plus production company. Headed by Carpenter and studio president Howard Kazanjian, renowned producer of blockbuster films such as “Raiders of the Lost Ark” and “Star Wars: Episode VI – Return of the Jedi,” the studio aimed to be an alternative to Hollywood’s heavily booked and expensive movie sound stages.
In Real Estate We Trust
REITs in the new economy
With the real estate market in the tank, many investors are thinking twice about real estate investment trusts, or REITs. And that suits Jim Johnson just fine.
Due or Die
Redevelopment agencies are ransoming their projects
If Gov. Jerry Brown had his way, the redevelopment agencies throughout California would be history. Not only would he demolish all of the nearly 400 active agencies, Brown would also use the billions they earn in property taxes to plug the state’s massive deficit and support schools and public safety services.
Arena Politics
Less debate, and more big thinking, is needed
I’ve lost count of just how many times during the past decade we have debated the how and where of building a new arena for the Sacramento Kings. Few doubt the team needs an upgraded home, but the high-pressure tactics of the Kings’ owners — who threatened to leave Sacramento unless they got the deal they wanted — alienated many.
Rooms for Rent
There’s a spark of life in housing construction this year. A tiny, weak spark, but a real one nonetheless. Builders are putting up more apartments in the Sacramento region.
Reel to Real Estate
Today's home sales call for video, social media
To sell a house in today’s market, real estate agents can’t simply shove a sign into the lawn, schedule an open house and expect offers to roll in. Competition is fierce. Increasingly, the agents who are successfully selling homes in this marketplace have embraced high-tech marketing, including videos.
Character Building
Local development melds history with modern luxury
Three years ago a wrecking ball known as the subprime mortgage meltdown slammed into Sacramento’s real estate market, kicking up a dust cloud over the city’s urban development plans. But rather than dwell on the financial obscurity of the future, David Miry and Steve Lebastchi kept their eyes on the past.
Creating a New Economy
Call it a recession, a realignment or a downturn. Whatever you call it, our current economy is experiencing convulsions most of us have not seen in our lifetimes. Our nation, our state and our region continue to suffer from a sputtering economy and painfully high unemployment.
Abode du jour
UC Davis' West Village opens with panache
The new West Village complex where nearly 2,000 UC Davis students will reside this year closer resembles Club Med than traditional student housing.
In a Material World
Predicting project costs to stay competitive
During the building boom, contractors had to keep a sharp eye on the rising cost of materials if they wanted to make a decent profit. From 2004 to 2008, double-digit increases were the norm for many products.