CSU Trustees approve next phase of University Glen on CSUCI campus

CSU Chanel Islands News

July 19, 2017 — The CSU Board of Trustees has given final approval to the next phase of the CI 2025 Vision Plan during the CSU Board of Trustees meeting held this week, giving a green light to development of 32 acres of the University Glen residential community on the CSU Channel Islands (CSUCI) campus.“This is another step in an effort to expand the campus to accommodate our enrollment growth over the coming years,” said Assistant Vice President for Facilities Services John Gormley. “We are completing the final phase of residential development in University Glen that has been sitting idle for nine years because of the economic downturn.”The development will include 54 detached single-family homes and 66 townhomes for sale, as well as 310 market rate apartments. There will also be 170 senior living apartments for people who are 55-years old and above and who meet a specific median income level. The senior apartments will be rentals.“This housing mix is consistent with the built portion of the community and the residents are supportive, especially of the senior housing piece, and will benefit everyone,” Gormley said. “It encourages senior tenants to become more connected with the University and provide more stability.”Because the land is leased to the CSUCI Site Authority by the CSU, the development will be able to offer housing to potential faculty and staff with financial incentives to make it more affordable to purchase a home. “This will create housing opportunities in an expensive housing market,” Gormley said. “Faculty and staff who choose to relocate here and work on campus will have an opportunity to purchase a home.”This development also provides much-needed revenue for the University to support the anticipated rapid growth. CSUCI’s student population is expected to continue to increase and the generated revenue will support the construction of much needed academic facilities.CSUCI’s Vice President for Business & Financial Affairs ...

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