ozone:
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I think creating a UC campus at the Railyards would be the best thing we could do. Yeah I know we have UC Davis close by but that's not good enough. Berkeley is also close to San Francisco but it still has it's own UC -including a new UCSF campus @ Mission Bay. I think if spent the money on a new UC branch/campus where the proposed arena would go we'd be much better off in 10-30 years.
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I don't see this happening at all. The UC system is in extremely dire financial condition now (
http://www.washingtonpost.com/local/...YJP_story.html). The University of California is also focused on continuing to develop its Merced campus, which is one a greenfield site.