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North Bay Business Journal

Tuesday, June 30, 2009, 12:46 pm

$15 million in funding for Railroad Square project

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    cg0511_CanneryBuilding.jpgSANTA ROSA – The North Bay, and Santa Rosa in particular, has been in need of a singular symbol of hope to counter the pervasive string of bad economic news. Funding just approved to jumpstart the visionary Railroad Square redevelopment project may be it.

    After an 11-hour meeting Monday with state officials, the project received $11.4 million in highly competitive state Proposition 1C bond funding for transit-oriented infill projects. The Railroad Square mixed-use project with San Francisco-based John Stewart Co., the lead developer, also stands to receive $3.65 million in federal stimulus funding.

    For more on the story, go to the NBBJ Insider Blog by editor Brad Bollinger.

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