Drexel, Tsakopoulos group nearing donation agreement on 600-acre university site west of Roseville
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Drexel University and a property-owners’ group that includes Sacramento developer Angelo Tsakopoulos are nearing agreement on the donation of almost 600 acres in west Placer County targeted for development as a regional university.
But not everyone is happy about it and if supervisors approve university plans, it could lead to litigation.
Placer County Planning Commission voted Thursday to recommend to the Board of Supervisors that it approve what amounts to a strong backbone of support for plans still to be clarified on the design of the campus. The board also gave its blessing to a project development agreement detailing how a regional university would pay for infrastructure, transportation improvements and county services.
The specific plan calls for nearly 4,387 residential units to be built and 22 acres to be devoted to commercial uses, with funding from the development paying for construction and operation of the university. On the university side, 357 acres of the 600 acres would be set aside for the school, 60 acres would be used for faculty housing and the rest would be open space.
The planning panel’s 6-0 recommendation will go to a Board of Supervisors meeting scheduled for Nov. 4 to consider the regional university package of agreements, plans and zoning changes.