An absolutely stunning project is being discussed for Sacramento State University.
It would become a great boon to the Parkway, placing many new residents a short walk away, and as a consequence, increasing the level of public safety in the area.
An excerpt.
“Harvard Square in Sacramento? Under an unprecedented proposal that's been been quietly brewing here for months, a private developer would invest up to $500 million to build an "urban village" of housing, shops, restaurants and offices on the California State University, Sacramento, campus.
“The concept, with construction paid for entirely by the developer, is drawing intense interest from university and city officials.
“It was submitted last fall by national developer Clark Realty Capital of Arlington, Va., and has been the topic of high-level, hush-hush discussions since then.
“Many consider it a make-or-break opportunity for Sac State to transform itself from a commuter school into a vibrant, 24-hour campus.
“CSUS President Alexander Gonzalez tells us Clark's proposal could potentially advance the goal of making Sac State a "destination" university. But, he says, "we're really just beginning the discussion … to see what this brings the university." To go forward, the plan would need approval by the CSU board of trustees.
“City officials, meanwhile, are downright ecstatic about the project, which could be under construction by 2012.
“Assistant City Manager John Dangberg says it would establish an "exciting Harvard Square-type" urban grid near the campus' southern entrance along Highway 50, while spurring investment to the city's redevelopment area around Folsom Boulevard and 65th Street.”
