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Business Journals
04-07-2025
- Business
- Business Journals
5 things: Nitty's Cider expands to Placer County, Woodland
Welcome to Friday, loyal readers. Here's what you need to know on the Fourth of July. Want more local business headlines? Sign up for our morning and afternoon newsletters to get Sacramento business news delivered straight to your inbox. GET TO KNOW YOUR CITY Find Local Events Near You Connect with a community of local professionals. Explore All Events Nitty's Cider expands to Placer County A local cider maker has opened a new location. A grand opening is underway for Nitty's Cider at Fowler Ranch near Lincoln, according to a social media announcement from the alcoholic cider business. The grand opening will be held through Sunday, the announcement states. Fowler Ranch is at 3111 Lincoln Newcastle Highway. In 2022, Clarksburg-based Nitty's Cider opened an East Sacramento tasting room at 3201 Folsom Blvd. The cidery is also planning a Woodland location, local journalist Wendy Weitzel has reported. City faces legal threat in Railyards infrastructure district dispute Opponents of an expanded enhanced infrastructure financing district for the Railyards development in Sacramento threatened legal action Thursday, saying city leaders were taking too long to tabulate protest letters against the expansion. At a news conference near Sacramento City Hall, Aamir Deen of labor union Unite Here Local 49 said the city isn't following state law for creation or expansion of an EIFD by not certifying the protest letters in a timely manner. Senior Reporter Ben van der Meer has the latest on the Railyards infrastructure district dispute. New ordinance could boost Sacramento's nightlife economy Sacramento officials adopted a new ordinance last month establishing entertainment zones throughout the city, a move expected to benefit local businesses and support economic development. The local ordinance, which was spearheaded by the city's Office of Nighttime Economy, established framework for the creation of entertainment zones, which will allow businesses within designated areas to sell alcoholic beverages that can be consumed in public streets, sidewalks and public rights-of-way during special events. Initially, three zones were identified, including the area around 20th and K streets in Midtown, Ali Youssefi Square on K Street between Seventh and Eighth streets, and the area surrounding the SAFE Credit Union Convention and Performing Arts Center. "This is going to be a great thing for businesses and I really see it jumpstarting Seventh and K," said Bob Simpson, whose businesses Townie and Malt & Mash are located in the K Street zone. Reporter Jake Abbott explains what you need to know about Sacramento's entertainment zone ordinance. Ethan Conrad sells Rancho Cordova building Twelve years after real estate investor Ethan Conrad bought an office/warehouse building in Rancho Cordova, he's garnered a substantial gain in selling it. The $3.89 million, or $135-per-square-foot, sale of 11418 Sunrise Gold Circle is a gain of more than four times above what Conrad paid for it in 2013. Senior Reporter Ben van der Meer has details about the Rancho Cordova building that Ethan Conrad sold. Retirement village sells land, plans reopening As St. John's Retirement Village in Woodland works to fully reopen, the nonprofit's board of directors has sold excess land to a private utility company. According to records, St. John's sold land on Cleveland Street north of its main property to Pacific Gas & Electric Company for $3.19 million. St. John's closed in 2022 after 17 people living or working there died during the initial Covid-19 outbreak two years earlier. Directors cited rising expenses and labor costs in the succeeding years as impossible to overcome. Senior Reporter Ben van der Meer has an update on St. John's Retirement Village in Woodland. Have a great weekend, folks. Thanks for reading.
CBS News
05-06-2025
- Business
- CBS News
Union, community leaders push for city council to reject Sacramento Railyards deal
SACRAMENTO — Union and community leaders rallied Wednesday at Cesar Chavez Plaza against a plan to give $92 million of Sacramento taxpayer funds to the downtown railyards and proposed soccer stadium development. Opponents of the plan argue that the deal would offer too little in return and are calling on the city to "Stop the Railyards Ripoff." The Sacramento City Council is scheduled to vote on the railyards deal on June 10, with the funds to be provided to private developers. A press conference opposing the plan was organized by the hotel and stadium workers' union Unite Here Local 49, the Sacramento Central Labor Council, SEIU USWW, and Sacramento Investment Without Displacement. Opponents argue that the deal is rushed, would drain the local economy amid a major budget deficit and does not include enough affordable housing, noting that the project promises just 6% affordable housing out of up to 10,000 units. However, Republic FC President and General Manager Todd Dunivant defended the plan, emphasizing that the project represents a long-overdue transformation of the area. "For 12 years, we've pursued a downtown stadium that will jumpstart development in The Railyards — 244 acres that have sat vacant for decades," Dunivant said. "With the city's budget shortfalls, the team is taking the lead to build sidewalks, streets, parks, and public infrastructure on behalf of the city and its taxpayers — and will turn it over upon completion." Dunivant also noted that, in addition to the proposed stadium, Republic FC is developing its own plan for a new neighborhood in The Railyards, stating that nearly 45% of the housing currently there is affordable. "Tuesday's vote is an opportunity for City Leaders to set the course for the future of Sacramento," Dunivant added. "The hard work of the city's trusted and dedicated staff over the past seven months — and 12 years in total — shows how transformative this project will be."
