{"id":154801,"date":"2026-01-29T11:24:09","date_gmt":"2026-01-29T11:24:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-ca\/154801\/"},"modified":"2026-01-29T11:24:09","modified_gmt":"2026-01-29T11:24:09","slug":"sacramento-state-downtown-economic-development-project","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-ca\/154801\/","title":{"rendered":"Sacramento State Downtown Economic Development Project"},"content":{"rendered":"

A Transformational Economic Engine for Downtown Sacramento <\/p>\n

Sacramento State is advancing a first-of-its-kind downtown economic development initiative within the California State University system: a transformative 2 to 5 million square foot mixed-use development located steps from the California State Capitol. This landmark project will establish a new downtown State Capital Campus, integrating public and private uses that support education, housing, workforce development, innovation, hospitality and cultural vitality while serving the needs of downtown Sacramento and the broader region.<\/p>\n

This development project will create a dynamic and future-focused downtown campus that strengthens Sacramento State\u2019s statewide impact, accelerates downtown economic activity, and establishes a national model for public-private university-led economic development in the heart of the capital city.<\/p>\n

See Announcement<\/a><\/p>\n

\"Placeholder\"<\/p>\n

Sacramento State\u2019s downtown campus represents exactly the kind of smart, forward-looking investment the region needs. Building housing, especially student housing, in downtown Sacramento will attract educated, diverse young people to our urban core, further strengthening our community and Central City economy. Creating a more affordable urban core, coupled with increased accessibility to higher education, will benefit not only our students but also our long-term residents, sports teams, small businesses, and our identity as a region. To truly effectuate a thriving downtown, developing more affordable housing, spaces of higher education, and intentional community spaces are vital. Sacramento State\u2019s downtown campus is significant progress towards investing in our downtown region and continuing Sacramento\u2019s identity as a thriving and diverse community for everyone. <\/p>\n

Senate Majority Leader Angelique Ashby <\/p>\n

This vision for a mixed-use, university village on Capitol Mall presents a unique opportunity to elevate California’s next generation of leaders and to play a pivotal role in workforce development, infill housing production, and in strengthening the regional economy at a prime, mobility-rich location which will complement the existing mix of social, economic, and cultural amenities in Downtown Sacramento. The announcement of catalyst funding from Meta for the Downtown Sacramento State University Center represents a significant milestone in our collaborative efforts with the State of California, Sacramento State University, the City of Sacramento, California Area Development Authority, and the private sector to engineer opportunity and vitality to an underutilized site at the gateway to California\u2019s State Capitol. <\/p>\n

Michael Ault, Executive Director, Downtown Sacramento Partnership <\/p>\n

\t Potential Uses<\/p>\n

While the University is entering the master planning phase in early 2026, early concepts include a balanced mix of academic, residential, innovation, and hospitality uses, including:<\/p>\n

Student housing: Housing solutions that support downtown revitalization, featuring market-rate housing alongside affordable housing for Sacramento State students, faculty, and staff.
\nA new state-of-the-art School of Public Affairs, strategically located adjacent to the State Capitol to serve the world\u2019s fourth-largest economy. The school will connect education, public policy, innovation, and leadership, building on Sacramento State\u2019s nationally recognized State Capitol Fellows Program.
\nA mixed-use performing arts and music venue designed to serve both the campus and the broader community, enhancing downtown\u2019s cultural and creative economy.
\nAn Artificial Intelligence Center supporting a new bachelor\u2019s degree in AI Business Management, positioning Sacramento State at the forefront of workforce development for industries of the future.
\nA boutique hotel to accommodate visiting students, families, research partners, and university guests, while contributing to the much-needed hotel capacity to strengthen downtown tourism and business travel. <\/p>\n

\"Students<\/p>\n

This project is a transformational moment for Sacramento State, for our downtown and for the entire Greater Sacramento region. Establishing the School of Public Affairs in the heart of our urban core strengthens Sacramento\u2019s role as a center for public leadership and innovation, accelerates the revitalization of downtown and creates a direct pipeline of talent for public service, policy and the industries shaping our future. We are grateful to Meta for its leadership and commitment to corporate responsibility by investing in education and workforce development. This is the kind of bold, forward-looking investment that changes a university\u2019s trajectory, strengthens our city and gives students access to world-class opportunities right here at home. <\/p>\n

Barry Broome, President & CEO, Greater Sacramento Economic Council\u202f <\/p>\n

\t Downtown Industry Advisory Committee<\/p>\n

Larry Allbaugh\u2014 CEO, Buzz Oates Group of Companies<\/p>\n

Lora Anguay\u2014 Chief Zero Carbon Officer, SMUD<\/p>\n

Michael Ault\u2014 Executive Director, Downtown Sacramento Partnership<\/p>\n

Barry Broome\u2014 President & CEO, Greater Sacramento Economic Council<\/p>\n

David Bugatto\u2014 President, The Bugatto Group<\/p>\n

Dan Corfee\u2014 President, Preferred Capital Advisors<\/p>\n

Danielle Foster\u2014 Executive Director, California Area Development Authority<\/p>\n

Mark Friedman\u2014 Founder & Chairman, Fulcrum Property<\/p>\n

Robert Heidt\u2014 President & CEO, Sacramento Metro Chamber<\/p>\n

Chett Hewitt\u2014 President, Sierra Health Foundation<\/p>\n

Art Pimentel\u2014 President, Folsom Lake College<\/p>\n

Lydia Ramirez\u2014 Executive Vice President & Chief Operating Officer, Five Star Bank<\/p>\n

Ariel Robins\u2014 General Manager, KCRA-TV<\/p>\n

Kyriakos Tsakopoulos\u2014 Co-Chair, AKT Investments<\/p>\n","protected":false},"excerpt":{"rendered":"A Transformational Economic Engine for Downtown Sacramento Sacramento State is advancing a first-of-its-kind downtown economic development initiative within…\n","protected":false},"author":2,"featured_media":154802,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[32],"tags":[121,123,122],"class_list":{"0":"post-154801","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-sacramento","8":"tag-sacramento","9":"tag-sacramento-headlines","10":"tag-sacramento-news"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/posts\/154801","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/comments?post=154801"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/posts\/154801\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/media\/154802"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/media?parent=154801"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/categories?post=154801"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/tags?post=154801"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}