SACRAMENTO, Calif. — The Delta Shores shopping center served south Sacramento since first opening in September 2017, but developers are doing more than just providing residents with more retail options.
In 2019, Sacramento city officials decided to start collecting impact fees from commercial property and housing developers for the Delta Shores Fee Fund to help pay for the following:
- I-5 / Cosumnes River Boulevard Freeway Interchange
- Initial infrastructure required to continue developing housing and commercial property at Delta Shores
"A lot of infrastructure has to go in before the housing or commercial property," said Sheri Smith with the Sacramento City Finance Department. "Then, as people develop, they pay the fee, then we can reimburse the developers that put in that initial infrastructure."
At least $695,921 in impact fees have been collected by city officials so far. Another $500,000 is expected to be collected between January and June.
City officials collect impact fees from developers who construct or advance-fund construction of public infrastructure and facilities needed to grow Delta Shores.
Both the Delta Shores Planned Unit Development Project and the Stone Boswell Sub-Area Project are being served by the Delta Shores Fee Fund.
The 'Stone Beetland' development was announced last year with plans for 1,106 new homes in south Sacramento and at least 198 housing units will be set aside for affordable housing programs.
"Because there was such a heavy infrastructure burden, a lot had to be constructed in order to even get started," Smith said. "The first monies [collected] are going to reimburse for those things that were already constructed."
As residential development in Delta Shores continues to increase, city officials expect to collect and reimburse impact fees on a regular basis.
"We get a lot of interest from developers and these things would have been too expensive for one housing builder," she said. "So it's good that everyone is paying their fair share."
