Multifamily Development of the Year in Sacramento
New Sacramento Apartments Restore Blighted Area Near Governor’s Mansion
Near The Mansion apartments in midtown Sacramento sits the stately California Governor’s House. Today, The Mansion apartments are a nice complement, thanks to an eye-catching redevelopment. It wasn’t always that way.
The redevelopment of the site, completed in June 2022, transformed a formerly abandoned and blighted half-block into a prominent residential rental complex, earning the project a CoStar Impact Award for multifamily development of the year for 2023 in Sacramento.
The site was originally developed in 1958 as a hotel named the Mansion Inn due to its proximity to the governor’s mansion. In its early days, the Mansion Inn had 51 units, a garden courtyard with a swimming pool, a restaurant and a cocktail lounge.
The hotel remained a fixture in Sacramento’s downtown through the 1980s, when it was acquired by the Clarion Hotel chain and rebranded. Over the next two decades, extensive renovations were made to match corporate standards, although the upgrades stripped the property of much of its mid-century appeal. The Mansion Inn Clarion Hotel closed in 2012, and the property sat derelict and deserted.
Current ownership became involved in the redevelopment of the site in 2016. Six years later it delivered its first units, inspired by The Mansion Inn’s original developer, Ray Corum.
Today, the multifamily property features stately 10- to 14-foot ceilings, a pair of outside courtyards, a roof deck, an expansive lobby, communal kitchen space and a conference room equipped with audio-visual equipment suited for remote workers. The apartment complex also includes a pet spa, bike rooms and a fully equipped, 24-hour fitness center.
About the project: The Mansion apartments is a five-story, 183,300-square-foot, mixed-use multifamily building. It includes 186 residential units and 3,010 square feet of ground-floor retail space.
What the judges said: “This is an iconic, luxurious apartment community. Truly one of its kind in Sacramento’s urban core,” said CBRE’s Konrad Knutsen.
They made it happen: Sotiris Kolokotronis, Founder and President of SKK Developments, along with the firm’s Director of Operations Marisa Kolokotronis and Project Executive Brandon Schroer. The SKK team was joined by Sam Sanderson, principal of Portland-based C2k Architecture and Community Director Allison DePaoli of FPI Management.
Article By: Drew Voros – CoStar
Link to article: https://www.costar.com/article/936811777/new-sacramento-apartments-restore-blighted-area-near-governors-mansion