Steve Chamberlain
Executive Vice President
+1 916 563 3037
steve.chamberlain@colliers.com
Lic. No. 00813856
Colliers International
301 University Avenue | Suite 100
Sacramento, CA 95825
www.colliers.com/sacramento
4.5 Acre Proposed Broadway Corridor Development
Potential High-End Grocer with Residential Above
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AREA SUMMARY
STUDY PLAN
DEVELOPMENT OVERVIEW
LOCATION OVERVIEW
BANKRUPTCY COURT
OFFERS DUE BY MAY 12, 2026 BY 5PM PDT
(Purchaser to be solely responsible for their Broker/Agent(s) commission)
21ST @ BROADWAY
The ±4.5-acre site at 2120 Broadway represents one of the largest and most strategically positioned development opportunities along Sacramento’s evolving Broadway Corridor. The area continues to benefit from steady reinvestment, with new housing, retail, and adaptive reuse projects contributing to a more walkable, neighborhood-oriented environment.
Nearby developments, including The Mill at Broadway, have delivered meaningful residential density and helped catalyze continued growth throughout the corridor.
The Property is located within one of Sacramento’s most active infill corridors, supported by significant public and private investment. Broadway is transforming into a mixed-use, pedestrian-friendly environment as it connects Midtown to North Oak Park, where revitalization and higher-density development are reshaping the neighborhood. Projects such as The GIO and adaptive reuse concepts continue to activate the corridor and reinforce its evolution into a more urban, amenity-rich setting.
The site is further enhanced by its proximity to Aggie Square, a 25-acre innovation district anchored by UC Davis and the UC Davis Medical Center. Now active, Aggie Square is introducing a growing employment base and daily population, driving demand for housing, retail, and mixed-use development throughout the surrounding area.
Further strengthening the corridor is the California Northstate University College of Dental Medicine’s Sacramento campus and Oral Health Care Center along Broadway. The facility features a large-scale clinical training environment serving both students and the public, generating consistent daily traffic from patients, faculty, and staff. As a healthcare-focused institutional use, it reinforces the area’s expanding medical and education cluster, complementing UC Davis Medical Center and Aggie Square. This concentration of institutional uses continues to drive demand for workforce housing, neighborhood-serving retail, and service-oriented amenities, supporting long-term mixed-use development fundamentals in the immediate area.
Broadway has emerged as one of Sacramento’s most compelling infill corridors, widely viewed as a natural extension of the successful R Street district. Continued investment, infrastructure improvements, and evolving land uses are transforming the corridor into a vibrant, walkable destination.
A key opportunity within the trade area is the limited availability of full-service grocery options, creating strong potential for a grocer-anchored mixed-use project at 21st & Broadway. The site is well-positioned to serve nearby high-income neighborhoods including East Sacramento, Land Park, Curtis Park, and the greater Midtown/Downtown core. Ongoing enhancements through the City’s Complete Streets initiative, combined with the impact of Aggie Square and the expanding healthcare and education presence along Broadway, are accelerating the corridor’s evolution and reinforcing long-term demand for thoughtfully designed mixed-use development.
AREA SUMMARY
CURRENT ZONING:
C-1 (LIMITED COMMERCIAL)
HEIGHT:
Max 35 feet (current) Max 65 feet (proposed)
DENSITY:
30 unit per net acre (current) 60 unit per net acre (proposed)
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PROPOSED REZONE:
C-2 (GENERAL COMMERCIAL)
CONTIGUOUS PARCELS ARE CURRENTLY ZONED C-2
Steve Chamberlain
Executive Vice President
+1 916 563 3037
steve.chamberlain@colliers.com
Lic. No. 00813856
OFFERS DUE DATE & TIME
(Purchaser to be solely responsible for their Broker/Agent(s) commission)
SACRAMENTO'S URBAN CORE
BROADWAY'S MOMENTUM
Colliers International
301 University Avenue | Suite 100
Sacramento, CA 95825
www.colliers.com/sacramento
The City of Sacramento continues to advance the transformation of the two mile Broadway corridor between 3rd Street and 29th Street into a safer, multi modal, pedestrian oriented environment. The project modernizes Broadway with a road diet, extensive bike and pedestrian improvements, and circulation changes that support neighborhood revitalization.
The $15 million project is being built in two phases. Phase 1, from 3rd Street to 24th Street, was completed from 2023 through 2025. Phase 2 construction has been underway since 2024 and is expected to be completed in later 2026.
Click Here to View Digital Broadway Corridor Development Map
HOME
AREA SUMMARY
STUDY PLAN
DEVELOPMENT OVERVIEW
LOCATION OVERVIEW
BANKRUPTCY COURT
Steve Chamberlain
Executive Vice President
+1 916 563 3037
steve.chamberlain@colliers.com
Lic. No. 00813856
(Purchaser to be solely responsible for their Broker/Agent(s) commission)
OFFERS DUE DATE & TIME
Colliers International
301 University Avenue | Suite 100
Sacramento, CA 95825
www.colliers.com/sacramento
DEVELOPMENT OVERVIEW
COMPLETE STREETS
Broadway Complete Streets
BROADWAY CORRIDOR DEVELOPMENT OVERVIEW
AGGIE SQUARE
Aggie Square completed its first phase in May 2025 with the completion of two new office and laboratory buildings totaling approximately 767,000 square feet. This development is a state-of-the-art innovation hub bringing together UC Davis researchers, private industry, and community-serving programs. Also completed in late 2026 was ANNOVA Aggie Square, a 190-unit apartment building. At full build-out, Aggie Square will exceed one million square feet.
Click Here to
View Study Plan
HOME
AREA SUMMARY
STUDY PLAN
DEVELOPMENT OVERVIEW
LOCATION OVERVIEW
BANKRUPTCY COURT
Steve Chamberlain
Executive Vice President
+1 916 563 3037
steve.chamberlain@colliers.com
Lic. No. 00813856
(Purchaser to be solely responsible for their Broker/Agent(s) commission)
OFFERS DUE DATE & TIME
Colliers International
301 University Avenue | Suite 100
Sacramento, CA 95825
www.colliers.com/sacramento
STUDY PLAN
INTERACTIVE SITE PLAN
21st & Broadway is situated in the heart of some of the most prominent neighborhoods in the Sacramento region. Explore the map below.
HOME
AREA SUMMARY
STUDY PLAN
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LOCATION OVERVIEW
BANKRUPTCY COURT
Steve Chamberlain
Executive Vice President
+1 916 563 3037
steve.chamberlain@colliers.com
Lic. No. 00813856
(Purchaser to be solely responsible for their Broker/Agent(s) commission)
OFFERS DUE DATE & TIME
Colliers International
301 University Avenue | Suite 100
Sacramento, CA 95825
www.colliers.com/sacramento
LOCATION OVERVIEW
NEIGHBORHOODS
HOME
AREA SUMMARY
STUDY PLAN
DEVELOPMENT OVERVIEW
LOCATION OVERVIEW
BANKRUPTCY COURT
Steve Chamberlain
Executive Vice President
+1 916 563 3037
steve.chamberlain@colliers.com
Lic. No. 00813856
(Purchaser to be solely responsible for their Broker/Agent(s) commission)
OFFERS DUE DATE & TIME
BANKRUPTCY COURT APPROVAL
Title to the Property is held in the name of The Roman Catholic Bishop of Sacramento, a corporation sole, which is currently a debtor in a Chapter 11 bankruptcy proceeding (Case No. 24-21326) in the United States Bankruptcy Court for the Eastern District of California (the “Bankruptcy Court”).
Any proposed sale is subject to approval by the Bankruptcy Court and may be subject to competitive overbidding procedures as part of the court approval process.
The approval timeline is estimated to take approximately 75 to 90 days from contract execution. In the event court approval is not obtained, the transaction will not be consummated.
Colliers International
301 University Avenue | Suite 100
Sacramento, CA 95825
www.colliers.com/sacramento