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Qualified Opportunity Zone, adjacent to Folsom Lake College, across the street from Light Rail

Site Information

Located directly across the street from the Mather Field/Mills Light Rail Station and less than one mile from Highway 50, the Project Site is extremely accessible. The Mather Field/Mills Light Rail Station is one of the top five busiest stops on the Sacramento Regional Transit Gold Line with a total weekday ridership of over 2,600.  Over 31,500 vehicles pass the Project Site each day.  The Project Site is adjacent to Folsom Lake College, multi-family residences, and retail. The Project Site is also located within a California Opportunity Zone and the Folsom Blvd Specific Plan Area, which will encourage continued development and attract more people to live, work, shop, and gather.

mills station district red 

The Space

APNs

076-0020-019 through -022

Acreage

~9.8

Zoning

Residential Mixed Use (FB-RMU)1 with Transit Oriented District Overlay

Max Density

80 du/acre2

Floor Area Ratio

0.5 min / 2.5 max

Max Building Height

80 feet3

Ownership

City of Rancho Cordova

 

1An allowed uses table can be found in the Folsom Boulevard Specific Plan.

2 The minimum and maximum density standards are only applicable to mixed-use and integrated developments that include residential uses. Residential projects shall include a minimum of four units (Section 23.325.030 (C) Rancho Cordova Municipal Code)

3No maximum height or number of stories for vertical mixed-use integration where residential use is located above nonresidential. FAA approval required if over 150 feet.

The City will consider zoning changes to make the right project feasible.