Sacramento State Buys Land For Housing

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(Sacramento, CA)
Thursday, August 25, 2005

College President Alexander Gonzalez made the announcement during his annual back to school speech Thursday. "Welcome to the new fall semester at Sacramento State."

Announcement of the new 25 acre development project was the highlight of Gonzalez’s address. "Planning is already underway to turn that 25 acres into a University Village – a walkable housing and retail development with 500 housing units for faculty and staff."

The university paid $2 Million for the land located about a mile from campus just south of Folsom Boulevard. The site was once a California Youth Authority jail.

Gonzalez says the village will help attract new employees because housing will be available at below market rates. "As the area’s housing costs continue to rise the project will be key to recruiting and retaining top notch faculty and staff."

Other changes this year include the addition of three new restaurants and a new campus sign that Gonzalez says will be just as big as the sign for the nearby Sacramento Municipal Utility District. "And this will be the first campus signage in the university’s history that will be visible from Highway 50 so I won’t have to look at SMUD anymore."