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Aggie Square is a $1.1 billion proposed project located at Stockton Boulevard and Second Avenue in Sacramento, mostly on property owned by UC Davis. It would expand the university’s Sacramento campus, creating a state-of-the-art hub for research, innovation and education.

Frequently Asked Questions

Who are the partners in Aggie Square?

Aggie Square is a public-private partnership between University of California, Davis, Wexford Science and Technology and the City of Sacramento. The project was first announced in April 2018.

What does the project include?

The project includes the construction of four large buildings – approximately 1 million square feet -- that would be used for classrooms, public and privately funded research labs, commercial office space and student housing. Aggie Square also would feature public plazas and other outdoor areas that would connect the campus to the community.

What is the City of Sacramento’s involvement?

The Sacramento City Council on Oct. 27, 2020 unanimously adopted a “resolution of intent” to create an “Enhanced Infrastructure Financing District” to assist in the funding of the $1.1 billion project. As part of the EIFD, the City would redirect $30 million in future property taxes generated by Aggie Square back into the development of the project.

In addition, at least 20 percent of the property taxes generated by the development on the coming decades would be slated to help create affordable housing in the area.

What are the economic benefits of Aggie Square?

Aggie Square will generate significant economic benefits to the community, the City and the region.

In the short term, Aggie Square is expected to bring more than 5,000 construction jobs to Sacramento. When fully built out, it would add approximately $5 billion annually and 25,000 ongoing jobs to the six-county region, according to a July 2020 financial analysis.

Of these regional economic benefits, approximately $3.3 billion annually and 15,600 ongoing jobs would be added to the Sacramento County economy. City of Sacramento revenues are estimated to be increased by approximately $5 million annually.

If approved, when would construction start?

If the project receives all the necessary approvals from the University of California Regents and the City of Sacramento, construction could begin in the first half of 2021.

COMMUNITY INPUT

Over the past 18 months, UC Davis, Wexford and Councilmembers Jay Schenirer and Eric Guerra – who represent the neighborhoods near the campus – have held approximately 50 community and stakeholder meetings to hear from residents, business owners and others to discuss concerns about displacement, gentrification and affordable housing.

Council members have pledged to adopt a community benefit agreement that will ensure that residents and businesses in the surrounding Stockton Boulevard corridor benefit from Aggie Square through training and educational opportunities, jobs and affordable housing, among other community priorities.

The benefit agreement will be brought to Council at the same time it takes its next action on the EIFD, which is expected in January 2021.

The Aggie Square Public Financing Authority, which formed in fall 2020 and includes members of the public, also will help oversee project funding.

RESOURCES

Learn about Aggie Square (from UC Davis)

Public Meetings

Dec. 1, 2020 - Draft Infrastructure Financing Plan related to the Proposed Aggie Square Enhanced Infrastructure Financing District

CITY COUNCIL REPORTS

Oct. 27, 2020 -- Background on Aggie Square UC Davis- Sacramento Innovation Center and Partnership for Innovation, Science, and Inclusive Economic Development

Oct. 27, 2020 -- Resolution of Intention to Establish the Aggie Square Enhanced Infrastructure Financing District, Establishing a Public Financing Authority and Authorizing Other Actions

PROJECT CONTACT

Leslie Fritsche, Economic Investment Manager

lfritzsche@cityofsacramento.org