South of Highway 50 there is plans to develop the land into a mixed use of residential and commercial. Approx. 500 acres will be used as commercial land to help create jobs and increase revenue while 1,500 acres will be used as residential property. 30% of the land will be preserved and kept the way it is. A hearing is planned for before the end of the year to get the final approval for the annexation of the land.
Historic Sutter Street is almost finished being completely revitalized and amped up. The old district has been renovated with 100+ beautiful trees, the removal of the median in the road, addition of on street parking, larger sidewalks, and better usage for people with disabilities. The completion ceremonies are scheduled for May 7th, 2011 with a ribbon cutting, BBQ, live music and tours!
The Folsom Wal-Mart expansion has been approved for the retailer which plans to add a grocery department to the rear of the store. The nearly 30,000 sq/ft addition will add roughly 85 jobs and also be open twenty four hours a day.
The California Independent Systems Operator (Cal-ISO) has been approved for a new 277,000 sq/ft building in Folsom. The new building will provide additional security for the nonprofit and cost about $125 million.
For some more information about how the city is doing and where its going click here to view the State of The City Address from the mayor Andy Morin.
