Residential Expansion to 16 Powerhouse, Midtown, Sacramento
Permits have been filed for a residential expansion at 1612 P Street, right near the border of Midtown and Downtown Sacramento. The project will add 23 new apartments beside a five-year-old building named the 16 Powerhouse. Demmon Partners are responsible for the addition after purchasing 16 Powerhouse for $32.5 million and the underdeveloped parcel at 1612 P for just under $1.5 million.