Sacramento Developer and Philanthropist Steve Ayers Passes Away

Steve Ayers, a renowned developer and philanthropist in Sacramento, passed away on October 21, at the age of 66. A second-generation steelworker, he owned the iconic Elks Tower and held the position of CEO at Armour Steel, while also founding Iron Mechanical, a company focusing on HVAC and plumbing.

Ayers had a significant impact on Sacramento, participating in the restoration of historic buildings and reinforcing state structures. With over 2,000 projects under his belt, he was known for his dedication to the city. His commitment was evident when he declined a lucrative offer shortly after acquiring the Elks Tower due to his deep affection for the property. Additionally, he was a generous supporter of various causes, particularly those benefiting Sacramento’s youth, and his faith played an important role in his life.