Developer plans to turn East Sacramento office building into senior housing
Panattoni Development Co. is planning an assisted-living facility on the site of an existing East Sacramento office building.
Tim Schaedler, the company’s Northern California partner, said the firm has already completed a feasibility study for the project, at 5301 F Street. It’s also looking for a company to run the facility.
“There’s really been a 10-year lag of developing facilities like this here, and the overall market has had demand for this type of facility pick up,” Schaedler said. While…