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A new face in the development community we should all welcome! ISSUE 9
JON LANG - VICE PRESIDENT
AND NOW, SOME QUESTIONS WITH
KEVIN KHASIGIAN K
Kevin Khasigian is a modern-day renaissance man, with his business ventures spread across law, hospitality, and real estate development. We asked him a few questions so you can get to know this new heavy hitter!
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Describe “Midtown” Janky, eclectic, on the rise, and under the radar. Favorite building in the urban core (not one of your buildings)? Memorial Auditorium. I get chills every time I walk inside. Best late night eats in the urban core? Pieces Pizza on 21st Street! Development you are most proud of and why? The “Southsider” at 10th and U Streets because it highlights Southside Park, a neighborhood that is gaining momentum, and what I think is the best neighborhood in the entire urban core. Most interesting case you handled at US attorneys office? The seizure and prosecution of AlphaBay, the largest online “Dark Market” used to buy and sell illegal goods and services around the world.
All: After prosecuting complex criminal cases with the U.S. Attorneys office for over a decade, he stepped back to pursue his passions in food, coffee, design, and construction. Now the owner of the Naked, Tupelo Coffee brands & Doughbot, he’s working to expand their footprint and wholesale distribution throughout Northern CA. He also leads day-to-day operations for HK3 Development, a progressive infill development group.
What common skill do you need to practice law, operate coffee shop, and develop real estate? Punctual decisiveness – being patient until it is exactly the right moment to make a critical decision.
Advice for anyone wanting to develop real estate in the urban core? Get prepared for cost overages and time delays. Why/How did you get into coffee and doughnuts? I’ve always wanted to go vertical on things I’m passionate about like consumer demand, design, and food. Coffee and doughnuts allow me to do just that. Hobbies outside of work? Running marathons, horticulture, and agriculture (I grew up on a farm). What new developments are you working on? Mixed-use project in Newton Booth, which includes 38 residential units and ground floor retail. How many hours do you sleep each night? From 1am to 5:30am, so generally about 4.5 hours. I try to beat all my employees into the coffee shop each morning. Where do you see Sacramento in 10 years? Considered one of the four major cities in California along with Los Angeles, San Francisco, and San Diego!