SDSU Mission Valley Plan: Setting the Record Straight, Part 1
In this series, SDSU sets the record straight on questions about its Mission Valley proposal.
View the full SDSU Mission Valley site plan and architectural concepts at www.sdsu.edu/missionvalley.
San Diego State University proposes building a Mission Valley campus, a legacy project that will transform the city-owned site currently occupied by SDCCU Stadium into a mixed-use and medium-density campus expansion, with new spaces and opportunities for the regional community to enjoy.
In this series, SDSU sets the record straight on questions about its proposal.
Q: Will SDSU pay fair-market value for the stadium property if given the opportunity to purchase the site?
A: Yes. SDSU has publicly committed to paying fair-market value for the property. If the city wishes, SDSU has also publicly stated it would agree to use the independent appraisal developed earlier in 2017. As written, Measure G requires SDSU to pay a price that is “fair and equitable and in the public interest,” at a price determined by the San Diego City Council and based upon its value on Oct. 9, 2017, the notice date of the Measure G ballot initiative.
Sources: Tom McCarron, SDSU Vice President for Business and Financial Affairs & Chief Financial Officer; SDSU West Initiative, Section 3(a)
Others in this series:
SDSU Mission Valley Plan: Setting the Record Straight, Part 2
SDSU Mission Valley Plan: Setting the Record Straight, Part 3
SDSU Mission Valley Plan: Setting the Record Straight, Part 4
Related Articles:
Mission Valley Reimagined
The River as a Resource
Driving a City Forward
A Vision for the Valley
View the full SDSU Mission Valley site plan and architectural concepts at www.sdsu.edu/missionvalley.
