A tentative ruling issued Tuesday in the City of Sacramento’s eminent domain case against the current owners of the old Macy’s Men’s store in Downtown Plaza indicated that the city will get it.
It’s been a major sticking point for months with demolition on the rest of proposed site slated for late spring.
Josh Wood, who’s pushed for the arena as part of DowntownArena.org and The 4000 says this is an incredible victory for Sacramento.
“We’re going to have a revitalized downtown, a catalyst project that will create restaurants, shops and a completely new environment. Families will be able to come down here and there will just be exuberant night life. For Sacramento, this is the beginning of becoming a world class city,” Wood said.
The city originally offered site owners CIII, CalPers and U.S. Bank $4.35 million dollars for the property, which was rejected.