The project is just outside Roseville city limits. It would include five-thousand homes, nine Million square feet of commercial, office and industrial buildings and possibly a Sacramento State satellite campus.
Officials with Broad’s Placer Ranch Corporation aren’t saying why they’re delaying the project…only that it’s because of an “estate-planning issue”.
Broad wants Placer Ranch to become part of the City of Roseville. Last November, city council members accepted his application for potential annexation.