DEVELOPMENTS
All of our Downtown Bakersfield developments are located in the Qualified Opportunity Zone,
a federal designation that allows for sizable tax benefits to investors under certain conditions.
All of our Downtown Bakersfield developments are located in the Qualified Opportunity Zone,
a federal designation that allows for sizable tax benefits to investors under certain conditions.
Cléo
As we focus on a growing demand for more one-bedroom units downtown, we designed Cléo to maximize a prime Eastchester corner at 18th and O streets, between 17th Place and Cafe Smitten, one block from The Cue. Inspired by Kleio, the muse of history in Greek mythology, our latest development is surrounded by brick storefronts, each with its own set of fascinating histories.
This 33-unit, four-story development will be situated on the corner of 18th and O streets, a prime infill location, with parking spaces available for each unit. All flats will be securely located within the gated community. Cléo residents will find themselves living within steps of Downtown Bakersfield’s employment centers, services, recreation and restaurants. The architectural style is thoughtfully considered, clean and modern, with nods to the neighborhood’s past.
The project will offer a lushly appointed resident lounge with fireplace, an expansive wellness room with exercise equipment, sauna and zen patio, private dog park, gardens, bike storage room, package lockers, trash chute and much more. A truly urban amenity, Cléo residents will enjoy meandering right downstairs to their own built-in craft coffee house – one of Bakersfield’s treasured gathering spaces, Cafe Smitten.
Eastbank
At the river’s edge, sits a site brimming with opportunity. Soon, a multi-story beacon filled with modern stacked flats will welcome residents to enjoy a waterfront window into our city’s future.
Eastbank invites us to reimagine what this wild and scenic life-giving force from the southern Sierra Nevadas has meant to our city since its inception. As part of the first settlement tract by the founders of Bakersfield, this location sits on the east bank of the original Kern River diversion through our city. Eastbank Flats will create synergy with nearby projects and continue our anticipated move eastward in the neighborhood.
This 50-unit development benefits from prior improvements and reflects increasing demand from other successful multifamily communities in Eastchester. Completing a sphere of influential projects to downtown and our entire region, Eastbank is located within steps of four separate Sage Equities developments—17th Place Townhomes, The Cue, 918 and Cléo.
Eastbank residents will find themselves tucked into one of the last peaceful corners downtown, right in the center of the city’s largest redevelopment infrastructure project (the multimillion dollar, award-winning Mill Creek Linear Park), within a block of the convenience provided by the Truxtun Avenue thoroughfare.
918
Located in the heart of Downtown Bakersfield’s Eastchester, within walking distance from 17th Place Townhomes and Cafe Smitten, we continue to build synergy as we capitalize on the momentum in this most promising pocket of downtown.
Fashioned to fit in a neighborhood of historic print shops, 918 is a new concept in luxury living for Bakersfield. An homage to the makers and creators that worked to build proud printing houses here, this project is all about reimagining our personal, collective, and citywide identities to meet the times.
With an industrial-cool vibe, we refer to the area as Printer’s Row (a northern corner of Eastchester). It was once filled with warehouses and storefronts that housed publishing shops and printing studios.
Down to every last detail, 918 reflects and respects the heritage of this neighborhood. The numbers in its name and address, 9 - 1 - 8, are a reference to the minimum height of letters for printing when using a letterpress. In theory, letters that are “type high” or at least 0.918 inches can be printed with a press.
We love this reference because, at Sage Equities, we believe that our development projects, like our city, are limited only by the height of our collective aspirations. Like The Cue, 918 will offer high-end finishes and a boutique hotel vibe with an elevator and interior corridors, central green space for residents, a roof terrace, and close proximity to employment, commercial and recreational amenities downtown.
The Cue
This new Eastchester development located in a Qualified Opportunity Zone will help meet the demand for more luxury market-rate housing in Downtown Bakersfield. It will feature diverse unit types, a lush central courtyard and a distinctly modern architectural design.
17TH PLACE TOWNHOMES
Developed by Sage Equities from its inception, 17th Place is the one that started it all. The success of this pioneering (and award-winning) Townhomes project has ushered in a revival of the Eastchester neighborhood and a thriving Downtown Bakersfield city center.
In conjunction with 17th Place, Sage owners had the vision to turn a dusty brick building that once held an old tire shop across the street from 17th Place into Cafe Smitten. This now bustling urban coffee house, located in Eastchester, is one of the city’s most beloved gathering places.
We are proud to announce Sage Equities has sold 17th Place Townhomes, the firm’s first innovative urban development in Downtown Bakersfield, to an out-of-town group for a record-breaking amount
This purchase by a trusted private equity firm validates Sage's consistent message that Bakersfield is a strong and growing market with high-yield rewards for those who invest in its central core.