The Region
The eastern Highway 50 corridor covers nearly 60 miles between Rancho Cordova and Placerville, and includes 12 zip codes, three cities and two counties. With our pooled assets, resources and connections, we truly have everything needed by companies looking to expand, relocate and create new jobs.
While other areas of California may struggle with availability of housing, our offerings are abundant and growing, with offerings available at every level of housing need and to suit every lifestyle, from apartments and short-term rentals to single, multi-family and executive homes.
- More than 25,000 new homes planned for development or under construction now
- Multiple units of high-density housing (apartments) online or approved
- Nearly 4000 Hotel rooms offer short and extended stay options for visitors and traveling employees
These offerings are only enhanced by a competitive cost of living, home prices of greater value compared to other markets, and easy proximity to the ocean, mountains and everything in between.
Featured Developments
The Highway 50 corridor is ideal for moving goods and people quickly and efficiently via:
- Mather Airport, a full-service cargo airport with one of the longest runways in the world, capable of handling almost any aircraft
- Direct access to rail and light rail lines
- Easy proximity to the Port of Sacramento and Sacramento International Airport
- Main connector arteries and Highway 50 itself, connecting to Lake Tahoe as well as Interstate 5 (north-south from Canada to Mexico) and Interstate 80 (east-west from Sacramento to Maryland).
- Ridesharing and a robust public transit system
For decades, communities in this sub region have ranked among the most desirable places to live in the entire United States, thanks to such amenities as:
- The American River Parkway, featuring more than 30 miles of bike trails, hiking trails, and nature/wildlife viewing
- Recreational aquatic facilities and widespread access to kayaking, canoeing, paddleboarding, swimming and fishing on Lake Natoma, Folsom Lake and the American River
- More than 100 community parks, golf courses and other outdoor recreation areas, complemented by thousands of acres of open space
- Full-service recreation and park districts offering classes, clubs and recreational activities
- Fantastic dining, entertainment and shopping
- A vibrant arts and culture scene including live music and theatre, art galleries, and museums
- Family-friendly neighborhoods and entertainment
- Sports facilities and organized leagues ranging from recreational to year-round competitive
- Safe neighborhoods and low crime
- Nearby access to wineries, national sports teams, and major metropolitan areas
- A mild climate with more than 250 days of sunshine a year
- Proximity: The Pacific Ocean, Lake Tahoe, Gold country and Napa Valley are all within a two-hour drive.
The east 50 corridor is served by 16 school districts, representing 91 elementary, middle and high schools – along with several private, vocational and charter schools—many of them rated among the top schools in the state.
Folsom Lake Community College also serves the region, and nearby CSU Sacramento and UC Davis are go-to universities for local students and employers seeking talent.
Our communities are home to many best-in-class medical facilities, including UC Davis Health, Sutter Health, Dignity Health and Kaiser Permanente. As our population continues to expand, these health care providers are stepping up to meet the need. UC Davis is currently preparing to develop 400,000 square feet of building space for wellness and healthcare services, while Dignity Health is moving forward with plans for a 530,000 square foot medical campus, including a 300-bed hospital.
Our region offers some of the most competitive commercial real estate rates available.
- Average office lease rates of $30 per square foot
- Average industrial lease rates of less than $10 per square foot
- Average retail lease rates of $25 per square foot
- Average payroll costs lower than Phoenix, Los Angeles, Seattle, Denver, San Francisco and San Jose
- Average tax rates lower than Washington, Colorado, Texas and Nevada
- Manufacturing
- Aerospace
- Technology
- Life Sciences
- Clean Energy
- Financial
For more workforce data, please see our Regional Overview