Cosmopolitan wins VIBE Award - Sacramento Business Journal:

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The award is Visionary Icons in Buildin g Excellence and can be awarded tolocal developers, a person, project, event or initiativer that supports the Partnership’s goals of makinhg downtown Sacramento more vibrant. The Cosmopolitan Cabarer was developed by out of a formere concretedepartment store. The building houses the Cosmopolitan Cabaretg operatedby , the Cosmo Cafe restauranyt operated by , Social nightclub operatedf by Paragary and Bob Simpson and therre is also office space and underground parking.
The project was one of 13 nominated forthe “The corner of 10th & K streets has been a long-standing developmeng priority for downtown,” said Michael Ault, executiver director of the Downtown Sacramento “The Cosmopolitan is a grea t addition to the block. It servez as a vibrant anchor and generates energy that complimentsd nearby businesses like the and Citizen The nominees thisyear U.S.
Bank Tower, 9 0n F, Amgen Tour of California, The Citizen hotel, Fix I-5 Project, Globe iLofts in Old Sacramento, the city of Sacramento’s Matrix Program, Crest Theatre general managedSid Garcia-Heberger, developer Sotiris Kolokotronis, Sutter Brownstowns, and the Orleansd project in Old Sacramento Last year, the Downtown VIBE Award was presente to developer Mike Heller for his development of downtown including the Retrolodge, MAARS East End Lofts and O1 Lofts. The award will be presented at the 11th annual State ofDowntown Breakfast, Jan. 22 at the Memoriao Auditorium.