2008 CPEO Brownfields List Archive

From: Lenny Siegel <lennysiegel@gmail.com>
Date: Thu, 4 Dec 2008 20:54:20 -0800 (PST)
Reply: cpeo-brownfields
Subject: [CPEO-BIF] Sacramento, California railyards
 
PRESS RELEASE
Thomas Enterprises
December 3, 2008

California Infrastructure Investment to Result in Thousands of New Jobs
3,000 Jobs Will Be Created in Sacramento in 2009

SACRAMENTO, Calif., Dec 03, 2008 /PRNewswire via COMTEX/ -- The developer of the 244-acre Sacramento Railyards project announced today that approximately 3,000 new jobs will be created in 2009 as a direct result of voter passage of Proposition 1C, the $2.8 billion Housing and Infrastructure Bond and Proposition1B, the $19.9 billion Transportation Bond as well as other local and federal infrastructure funds.

The announcement comes as the Obama administration considers a federal economic recovery plan with a national infrastructure investment component and the Sacramento region copes with an unemployment rate of 7.9% and one of the worst mortgage foreclosure rates in the nation.

To date, The Railyards has been the recipient of millions in Proposition 1C and 1B bond awards to build bridges, roads, overpasses, bikepaths and underground utilities at the historic location which is the largest urban infill site in the country.

...

For the entire press release, go to
http://www.marketwatch.com/news/story/California-Infrastructure-Investment-Result-Thousands/story.aspx?guid=%7B5668B98B-B03C-4E57-BD1B-FEA150C0444A%7D

--


Lenny Siegel
Executive Director, Center for Public Environmental Oversight
a project of the Pacific Studies Center
278-A Hope St., Mountain View, CA 94041
Voice: 650/961-8918 or 650/969-1545
Fax: 650/961-8918
<lsiegel@cpeo.org>
http://www.cpeo.org



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