Truckee, CA…The Truckee Railyard Project is ready to whistle, “full steam ahead”. Following twenty years of planning, fine-tuning, and economic stalls, a community vision is finally coming to fruition. The Town of Truckee and the Sierra Business Council [SBC] announced today that the California Strategic Growth Council has awarded an $8 million grant to the Truckee Railyard Partners. The grant will catalyze the development of 60 units of workforce housing at the Truckee Railyard site immediately adjacent to Truckee’s historic downtown as a part of the larger $100 million private sector revitalization plan for the site.

And it’s been a long time coming. As Truckee Town Manager, Tony Lashbrook,
points out, “This funding will kick start infill development and smart growth
adjacent to our historic downtown consistent with the vision that this community
created 20 years ago as part of Truckee’s General Plan.”

It’s a big win for the mountain community as the Railyard is the only project in
Northern California east of the Central Valley included in the grant awards.
Aspects of the application that helped Town and SBC set the Railyard apart
included increased workforce housing density adjacent to jobs, improved
walkability, access to transit, and reduced greenhouse gasses. With increased
demand for both housing in Truckee and responsible development, and a
statewide housing shortage of more than 1 million units, this success shows that
communities do not have to sacrifice environmental quality for new development.
SBC President, Steve Frisch, expressed the importance of the project earlier this
week, stating, “The Truckee Railyard Project demonstrates we can do smart
workforce housing and transportation projects in rural regions that create jobs
and reduce climate impacts at the same time. Linking capital to projects like this
that increase community vitality, economic opportunity, and improve the
environment are core to the mission of Sierra Business Council and the Sierra
Small Business Development Center.”

Rick Holliday, developer of the project, expects to break ground later this
summer. “After 11 years of hard work, we are extremely pleased to get this
development underway,” Holliday said.

It will be a symbolic groundbreaking as well, with the spotlight on Truckee to
show rural communities across the nation that smart growth and increased
vitality will not be limited to our urban neighbors, they are happening right here in
our exquisite mountain town.

Many Truckee residents are already picturing themselves laying their heads
within walking distance to some of their favorite shops and restaurants, not to
mention the Truckee River and Legacy Trail. Alexis Ollar, Executive Director of
Mountain Area Preservation, said after hearing the news, “The creation of 60
affordable housing units in the heart of Historic Downtown Truckee is the exact
type of infill and smart growth development needed to strengthen the local
community. I have always dreamed of being able to walk or bike to work in
downtown and this project will make that dream a possibility for the fabric of our
community!”

SBC fosters thriving communities in the Sierra Nevada via “on-the-ground” local
projects that promote, develop, and amplify the area’s social, natural and
economic capital. More information on SBC’s projects can be found at
www.sierrabusiness.org. More information on the Railyard Project can be found
at www.truckeerailyard.com.