Login

Sacramento Well Positioned To Become New Biotech Cluster

New Projects Push California Capital Into New Growth Sectors
Sleep Train Arena, former home of the Sacramento Kings, California Northstate University is developing a new teaching hospital. (CoStar)
Sleep Train Arena, former home of the Sacramento Kings, California Northstate University is developing a new teaching hospital. (CoStar)
CoStar Analytics
February 24, 2022 | 9:49 P.M.

Long known as a sleepy government town, the capital of California has been working to diversify the local economy into growth sectors. Recently, several projects in Sacramento have announced progress that will help bring new companies and jobs to the region, allowing for new growth opportunities. Aggie Square, a public-private addition to the UC Davis School of Medicine campus, has announced that construction will begin in early April and it has two tenants attached to the project. California Northstate University recently received entitlement approvals from City Council allowing for the redevelopment of the Sleep Train Arena into a new teaching hospital. And Kaiser Permanente, which purchased 18 acres of land in the Railyards development in 2019, is showing some signs that construction is drawing closer.

This news story is available exclusively to CoStar subscribers.

Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.

This news story is available exclusively to CoStar subscribers.

Ready to Learn More?

Sign Up For a Personalized Demo.

Sign Up For a Demo To Learn More.

Already A Subscriber? Sign In

IN THIS ARTICLE


News | Sacramento Well Positioned To Become New Biotech Cluster