AECOM-Canyon Partners, in a joint venture with The Martin Group, has secured a $73.3 million construction loan to develop Wexler on 65th, a mid-rise student housing project in Sacramento.
The development will bring much needed housing to California State University, Sacramento. Construction of the project is scheduled to commence in June 2020, bringing hundreds of job opportunities to the community, and is scheduled to reach completion by fall 2022.
The property is located less than a five-minute walk from the university's Hornet Crossing entrance and adjacent to several retail and dining options. It is directly adjacent to Sacramento Regional Transit Authority's (SacRT) University/65th St. Gold Line light rail station, providing direct service to downtown Sacramento in approximately 11 minutes. In March 2020, the joint venture began the reconstruction and modernization of bus stops for the SacRT on 67th and Q streets, as part of the Wexler's offsite improvement plan.
