Title:
Title
Aggie Square Community Benefits and Engagement Discussions (Oral Report)
End
FileID
File ID: 2021-00041
Location
Location: Districts 5 and 6, 2nd Avenue and Stockton Boulevard
End
Recommendation:
Recommendation
Receive and file information on the City’s community engagement efforts on the Aggie Square project and the project’s community benefits.
FileName
Contact: Leslie Fritzsche, Economic Investment Manager, (916) 808-5450, Office of Innovation and Economic Development, Office of the City Manager
Body
Presenter: Leslie Fritzsche, Economic Investment Manager, (916) 808-5450, Office of Innovation and Economic Development, Office of the City Manager
Attachments:
1-Description/Analysis
Description/Analysis
Issue Detail: The Aggie Square project is a significant project for the region, the City and the community. It will bring 1.2 million square feet of bio-medical innovation space, an estimated $1 billion in public and private investment, and an estimated 5,000 permanent jobs to the City. City staff along with UC Davis and Wexford Science and Technology have participated in and attended many community meetings to share information about the project and to discuss the benefits the project can bring to the community.
City staff have been working on the formation of commitments from UC Davis and Wexford that demonstrate how the City and neighborhoods surrounding Aggie Square can directly benefit from the project - commitments to construction and jobs, career pathways for local residents, support for local small businesses, access to community spaces at Aggie Square and EIFD funding for affordable housing. In addition, staff have been identifying ways the City can support and augment those benefits for greater community benefit and impact.
The oral report will provide information on the community engagement efforts and the elements of the proposed community benefits agreement.
Policy Considerations: None
Economic Impacts: None
Environmental Considerations: None
Sustainability: None
Commission/Committee Action: None
Rationale for Recommendation: This report is provided for information and discussion.
Financial Considerations: None
Local Business Enterprise (LBE): None