A new hotel project has been proposed for development at 1701 K Street in Midtown, Sacramento. The project proposal includes the construction of a six-story hotel. The project will replace a CVS pharmacy on the site. A fee request estimate was submitted to City Planning Commission.
CVS Health Corp owns the property.
The request for estimated fees was put up for a six-story hotel, offering 155 rooms. The CVS on the site was built in 1946 and renovated in 2003. The project proposes the demolition for the hotel to be built.
The hotel project is estimated at a value of $23 million. The hotel façade will be five stories of wood construction over a single-story concrete podium, and span an area of 74,100 square feet. As of now, it is not clear which amenities the hotel might have, or how many parking spaces it might need.
The project is under consideration and an estimated project timeline has not been announced yet. The site is surrounded by popular restaurants and nightlife spots.
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