Tower Broadway Development Project

A New Chapter for Tower Records’ Historic Broadway Location

Sacramento’s iconic Tower Records site at the corner of Land Park Drive and Broadway is evolving into a vibrant mixed-use development preserving the area’s rich cultural history while paving the way for an exciting future. At Community West Bank, we are proud to partner in this and similar projects that strengthen neighborhoods, enhance local business opportunities, and create much-needed housing solutions.

A Landmark Transformed

The former Tower Records building, a beloved landmark, served as a hub for music enthusiasts and later becoming home to Dimple Records, before its demolition in 2019. Today, construction crews are breathing new life into the site at 2500 16th Street with a five-story mixed-use project set to redefine the area.

This modern development will include:

• 68 apartment units, ranging from studios to one- and two-bedroom layouts.
• Ground-floor retail space, featuring three shops and two restaurants with outdoor dining patios.
• A pedestrian-friendly plaza, designed to connect with the surrounding neighborhood.

Balancing Innovation with Historical Significance

Throughout the planning and construction phases, community feedback has played a critical role in shaping the project’s design. Key changes include stepping back the upper floors to preserve sightlines to the Tower Theater and expanding the pedestrian plaza to make it a central feature. These thoughtful adjustments reflect the developers’ commitment to honoring the site’s historical and cultural value while meeting the modern needs of the city.

Celebrating Progress with Our Clients.

Our team recently had the privilege of attending the Top Out Celebration alongside the teams committed to making it all happen. As financial partners to 16 LPB, the project’s developers, we’re thrilled to see this vision come to life. Supporting mixed-use developments like this aligns with our desire to invest in the growth and vitality of our communities.

Why Mixed-Use Projects Matter

Mixed-use developments provide numerous benefits to communities, including:

• Provide increased housing availability in a central location.
• Spur economic growth by incorporating retail and dining options for local businesses to thrive.
• Connecting communities to foster engagement and interaction among residents and visitors.

Building the Future Together

At Community West Bank, we understand the complexities of financing mixed-use developments and how to tailor financial solutions that meet project goals. Our expertise in commercial real estate financing allows us to partner with visionary developers like 16 LPB, helping to turn plans into reality.

As Sacramento’s Broadway strip continues to evolve, we’re excited to play a role in shaping its future while honoring its past. Stay tuned for updates as this remarkable project nears completion!

For more details on the project, visit Construction begins at former Tower Records site.

If you’re exploring financing options for your next commercial real estate project, contact us today to learn more about our tailored financial solutions.

#CommunityWestBank #CWB #TowerBroadway #MixedUseDevelopment #SacramentoHistory #CommercialRealEstate #BuildingCommunities