Tag Archives: Sacramento Business

Sacramento Planning New Bridge

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Sacramento is planning a new bridge across the river. If planned correctly, the new addition has the potential to boost traffic between the Bridge District and West Sacramento as well as enhance riverfront development by drawing cyclists and pedestrians.

The Sacramento community is going to be directly involved in the process, and the public has been invited to a meeting to participate in the discussion. The new bridge will redirect most of the traffic from the old I Street Bridge, which is over a century old and too narrow for many vehicles. The old bridge will remain available to carry commuter and freight train, and the viaducts will be demolished to open up the riverfront on both sides.

According to the Sacramento Bee, “The new span is planned just north and would be the first linking Sacramento and West Sacramento since the Tower Bridge was built in 1934.”

Plans are for it be used by “vehicles, bicyclists, pedestrians and a possible future streetcar line. It would be a direct route from the railyard, where a Kaiser Permanente hospital and a Major League Soccer stadium are planned, to the mixed-use Bridge District, which is already developing.”

Lyft Launches Black Car Service in Sacramento

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Due to increasing demand, Lyft, Inc. has begun offering its luxury service in Sacramento. Based in San Francisco, Lyft is a ride-sharing service which has swept across the United States since its launch in 2012.  Providing stylish “black car” transportation, Lyft’s new Lyft Lux and Lyft Lux SUV services are geared toward businessmen and other formal travelers. According to a Lyft spokesperson, the luxury drivers can earn up to five times the far of a regular Lyft driver.

“We’ve listened to our community and know that there is a need for a more premium ride. Our drivers who have high-end vehicles now have the opportunity to expand earnings and fulfill needs of their passengers,” spokewoman Darcy Nenni wrote in an email.

Lyfts new service will also be launched in numerous other cities across the country. Drivers who participate in the new venture will have to meet strict vehicle requirements: a 2011 or newer model car in excellent condition, black exterior and leather seats, and ratings of at least 4.7 of 5.

Sacramento Business Impacted by New Marijuana Grow Permits

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Sacramento has approved 6 commercial grow permits, and dozen of other properties have also applied for permission to grow the plant on their properties. Real estate prices and local businesses are already being affected.

KCRA 3 reports that mall business owners throughout the city are concerned. The permit process has pushed commercial real estate prices up dramatically, and as leases expire, businesses are being forced to look for new locations.

Brian Bendix and his family run one such business. Their American Stripping Company, based in Sacramento, has been in business for over 30 years.  Now that marijuana grow licenses are bolstering the real estate prices in the area, they won’t be able to afford to stay once this year’s lease is up. They, like many other, anticipate having to leave the city to stay afloat.