FOR IMMEDIATE RELEASE 
Catalyst Parcel on Del Paso Boulevard Slated for Mixed –Use Development 
Sacramento, Calif., (May 31, 2007) - A new $16.9 million mixed-use development on the Del 
Paso Boulevard corridor is expected to help revitalize commercial activity and stimulate private 
investment in the North Sacramento Redevelopment Area. 
The Agency has entered into an Owner Participation Agreement (OPA) with New Faze 
Development (www.newfaze.com) that will enable the developer to construct a six-story mixed-
used building. 
The proposed project will contain a ground floor full service up-scale restaurant, commercial 
office space on the third floor that will be occupied by New Faze Development, five live/work 
lofts, and 22 residential units on the fourth through sixth floors. The residential units will offer 
studios, one-bedroom and two-bedroom condominiums. Under the OPA, New Faze 
Development will restrict seven units to sales prices that are affordable to buyers earning 120 
percent of Area Median Income ($57,530 for a family of two). 
Agency officials say the development will have a major impact on the Del Paso Boulevard 
corridor since the infill project will assist in the elimination of blight. It also has a high likelihood 
of encouraging additional property investments in the surrounding area and increasing the 
demand for retail development along Del Paso Boulevard. 
New Faze Development anticipates breaking ground by fall 2007 and expects to finish the 
project by winter 2008. For more information, contact Assistant Community Director Chris 
Pahule at (916) 440-1322. 
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