Towers On Capitol Mall
The Towers on Capitol Mall were two 53-story, 615 foot (187 m) mixed-use towers to be built in downtown Sacramento, California. The buildings (The Towers on Capitol Mall I & II) were planned to have 804 condominiums, a 200 room InterContinental Hotel, and ground floor retail. Rumoured retailers include Gucci, Prada, Kenneth Cole and Tiffany & Co.. The Towers are notable due to the massive scope and scale of the building, and it would have easily surpassed the city's current tallest building, the 423 foot (129 m) Wells Fargo Center. The project had been on hold since January 7, 2007 due to liens being filed against developer John Saca, totaling $7.3 million. Calpers and Deustche Bank have been the primary financial support for the project, however stipulating conditions have led to the collapse of the project. CalPERS is now teaming up with Los Angeles-based CIM to develop the downtown Sacramento block into a similar but smaller high-rise construction project consisting of a hotel, condominiums and office space. The project would incorporate the original foundation piles that were driven into the bedrock in 2006 to support the weight of the 615-foot (187 m) skyscrapers.
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Famous quotes containing the words towers, capitol and/or mall:
“A city on whom plenty held full hand,
For riches strewed herself even in her streets;
Whose towers bore heads so high they kissed the clouds,
And strangers ne’er beheld but wondered at.”
—William Shakespeare (1564–1616)
“A woman with her two children was captured on the steps of the capitol building, whither she had fled for protection, and this, too, while the stars and stripes floated over it.”
—Jane Grey Swisshelm (1815–1884)
“A father ... knows exactly what those boys at the mall have in their depraved little minds because he once owned such a depraved little mind himself. In fact, if he thinks enough about the plans that he used to have for young girls, the father not only will support his wife in keeping their daughter home but he might even run over to the mall and have a few of those boys arrested.”
—Bill Cosby (20th century)