This is something that interests me greatly. Burkle is the guy doing the arena. I'm assuming until I hear otherwise that he will have control of the Natomas site when this deal is executed. With his contacts (Qualcom family, Ravek, and others) and his imagination what is he going to do with it? This could greatly benefit the Natomas area and the Sacramento region. There could be economic development ramifications that we haven't considered to have these heavyweights involved in this deal.
Very much so.
This is all part of the "bigger than basketball" concept. I think a lot of people have seen this kind of potential in Sac for a while now. We just needed the political conditions to make it happen. A mayor with a vision.
To me, it's kind of a no brainer that Sac is about to blow up. Everyone should listen to Vivek's interview with Nick Montacelli. There is CLEARLY a very huge vision for the Sac region that some of the wealthiest people in California are ganging up to create.
1. Making the Kings a global brand
2. Making Sac a global city
3. Major development projects that likely have yet to be announced.
The Natomas site being turned into a tech center or something like that seems like a no brainer with the team we have assembled.
I grew up in Sac and have since lived in several economically vibrant cities/areas. Once you start to see this kind of talk and activity, publicly, you know there are plans for many years ahead already in place (at least rough plans).
Real estate in California, always, has been a PREMIUM investment. It was just a matter of time before a boom came back to Sac.