CSU Dominguez Hills University Village Update Presentation to the Academic Senate | April 18, 2017
Project Goals Leverage one of our unique CSU Dominguez Hills assets—our underutilized land—to advance the university mission and increase student success. Increase the vitality of the campus via “highest-best use” land development aligned with our University strategic plan and generate additional revenue to for university programs. Provide additional on-campus amenities generally found on college campuses, including expanded retail and dining, without significant capital investment and/or future maintenance and capital renewal costs by the university or its auxiliaries. Focus limited University revenue on academic and student support needs and partner with qualified private sector developers to deliver ancillary programs and services consistent with requirements established by the University while transferring risk to developers.
The Project Public-Private Partnership (P3): Privately financed and constructed mixed-use University Village on 76.5 acres of undeveloped and underutilized land on the east side of campus.
University Village Phased development with mix of uses, including: Approximately 2,000 market-rate residential rental units adjacent to the central corridor of University Village. 94,300 sq. ft. retail on ground floor along north portion of University Village’s central corridor. Approximately 33 acres of business park uses along Central Avenue. 1.1 acre park. Student residence halls and apartments will be integrated into the University Village but are not currently envisioned as P3 developments. Estimated annual revenue to CSUDH at buildout: Approximately $7M.
The Transformation Victoria Street
Project Status September 2017 BOT conceptual approval of the project. After meeting with President Hagan in October regarding capital funding for a new academic building (i.e., the Innovation & Instruction/CBAPP building), the CO agreed to advance $17M from anticipated future revenue from development of the University Village for our new academic building. Issues and challenges working with the City negatively impacting timeline: Draft EIR release now anticipated June 1 for public review and comment. CSUDH will again work to engage in productive discussions with the City on potential impacts, mitigation measures, and “fair share costs” of the development. BOT approval of Master Plan Update now anticipated in November. Requests for Proposals from interested developers can not be released until after BOT Master Plan Update approval. Developing a faculty/staff housing survey to better assess interest interest/demand for on campus faculty/staff apartments & rental rate/cost considerations. Two Requests for Qualifications (RFQs) issued in February: One for Business Park; One for Mixed Use Retail and Housing. Responses from developers due tomorrow. RFQ developer response evaluation teams will include faculty, Foundation Board members, Provost, VPAF, and CO representatives.
Project Status (continued) Establishing Master Plan Implementation Committee Broadly-based advisory committee responsible for providing advice and counsel to the University President and the Vice President for Administration and Finance on implementation considerations of the University’s Master Plan update. Implementation of the Master Plan Update will involve numerous decision-points, many of which are known, and many others of which can not fully be anticipated at this time. Membership includes: Academic Senate appointees to Ad Hoc Land Development Committee Academic Senate Chair Staff representative UBC Chair Vice President or designee from each division Executive Director of the Foundation Jay Bond, University Special Planning Consultant. will serve as Chair Staff to the committee: Director Facilities Planning, Design & Construction Director of Facilities Services Sustainability Coordinator
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