Developer plans call for housing, retail and community amenities on longtime almond cooperative property
One of the Sacramento region’s most recognizable industrial properties is preparing for a major transformation as Blue Diamond Growers announced Tuesday it has selected Bardis & Miry Development to acquire approximately 35 acres of its midtown Sacramento campus for a large-scale mixed-use redevelopment project.
The proposed project is expected to bring between 1,000 and 2,000 homes to the site, along with ground-floor retail, community amenities and additional urban infill development in the heart of Sacramento.
According to the announcement, Bardis & Miry Development is currently conducting due diligence on the property while evaluating redevelopment concepts and planning options. Both parties said more details regarding project design, phasing and community engagement efforts are expected to be released in the coming months.
Blue Diamond President and CEO Kai Bockmann said the redevelopment represents an important new chapter for the cooperative’s longtime Sacramento property.
“We’re excited about this next chapter for the site. Blue Diamond has been part of Sacramento’s story for generations, and we’re proud to play a role in shaping its future,” Bockmann said in an email to Folsom Times Tuesday.
The Blue Diamond processing plant site has been part of Sacramento’s landscape for more than a century and remains one of the city’s best-known agricultural and industrial landmarks.
The redevelopment proposal follows Blue Diamond’s previously announced plans to shutter portions of its longtime 16th and C streets campus, a move that impacted approximately 600 workers. The cooperative later announced it would continue some almond processing operations at the site for the foreseeable future.
Bardis & Miry Development founders Katherine Bardis-Miry and Bay Miry said the vision for the site centers on creating a walkable and community-oriented neighborhood while preserving the historical significance of the property.
“The Blue Diamond plant site has been a part of Sacramento for over a century, and we are grateful for the opportunity to build on that legacy in a way that will serve the community for many years to come,” Katherine Bardis said.
Bay Miry added that redevelopment planning remains in its early stages.
“We are still in the preliminary stages, and all redevelopment options remain on the table as we thoroughly evaluate the site,” Miry said. “Our initial vision includes a walkable, mixed-use community that feels authentic to Sacramento while delivering lasting economic and social value.”
As part of the agreement, Blue Diamond secured a three-year leaseback arrangement that will allow its corporate headquarters to remain on the campus until at least April 2030. The cooperative will also retain approximately 19 acres of the property for inshell almond processing operations while maintaining its corporate headquarters in Sacramento.
The Blue Diamond campus also includes a historic building that was added to the National Register of Historic Places in 1984, adding another layer of significance to the redevelopment plans as city leaders and developers look to balance new housing opportunities with preservation of the property’s longstanding Sacramento identity.
The transaction is being represented by Ken Turton of Turton Commercial Real Estate.
City officials have also expressed strong support for the proposed redevelopment project. According to Blue Diamond, Kevin McCarty and Phil Pluckebaum have championed the effort for its potential to help address Sacramento’s housing goals while preserving the historical legacy of the Blue Diamond campus.
“We look forward to seeing thousands of new residential units over the next decade,” McCarty and Pluckebaum said in a joint statement.
Founded in 1910, Blue Diamond Growers represents nearly 3,000 California almond growers and is widely recognized as one of the leading almond cooperatives in the world. The company employs approximately 1,250 people and has played a major role in shaping California’s almond industry for more than a century.
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