Construction is expected to begin soon for 1500 S Street, a six-story mixed-use development in Downtown Sacramento. After $59 million has been secured, developers are expected to add 137 new homes to the city. Anthem Properties is responsible for the development.
Demolition permits have been filed for two structures at 1500 and 1508 S Street to make way for an eight-story residential building at 1500 S Street, Downtown Sacramento. The five-lot parcel contains an existing low slung commercial structure and a single-story house. They will be torn down for the construction of 137 new homes. Anthem Properties is responsible for the development since purchasing the property in 2019 for $5.1 million.