Anti-gentrification effort aims to shape Aggie Square

By Felicia Alvarez, Staff Writer
February 18, 2020
Sacramento Business Journal

A group of residents under the name Sacramento Investment Without Displacement are calling for Aggie Square’s planners and developers to help protect the area against gentrification.

The group is advocating for a “community benefits agreement” that would make some of those protections legally enforceable, said Gabby Trejo, the group’s leader.

Sacramento Investment Without Displacement is working with a coalition[*] that includes the Sacramento Housing Alliance, the La Familia Counseling Center, Sacramento Area Congregations Together and Building Healthy Communities’ site in Oak Park, which is part of a $1 billion community development initiative by The California Endowment. Trejo is also the executive director of Sacramento ACT.

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*ECOS is proud to be a part of this coalition! Click here to learn more about Aggie Square and how ECOS is involved.

Image by Sri Harsha Gera from Pixabay

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LA proposes putting ‘anti-displacement’ zones around luxury development

It’s aimed at helping renters in a one-mile radius around new buildings

By Bianca Barragan
November 13, 2019
Curbed LA

The proposal stems from a motion introduced by Councilmember Herb Wesson, Jr.
In his motion, Wesson says that while luxury and market-rate projects are “designed to strengthen” a neighborhood’s economy, many times they have negative consequences for long-time residents, especially when they’re located in neighborhoods that sustained decades of disinvestment resulting from racist housing covenants and redlining.
“Development projects should help to build up an area in need of economic investment so that members of a community can make use of these local amenities and improve their everyday lives,” Wesson says.

https://la.curbed.com/2019/11/13/20963844/anti-displacement-zones-los-angeles-development

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4 Developers Invited to Submit Aggie Square Proposals

By David Wescott
September 16, 2019
UC Davis Media Relations

What is Aggie Square and why are environmentalists and community advocates concerned? Click here to find out.

The University of California, Davis, has issued a request for proposals, or RFP, to a group of real estate developers interested in financing, designing, building, owning and managing the first phase of Aggie Square, a new innovation hub for the university’s Sacramento campus.
The developers were selected from a list of firms who responded to the university’s original request for qualifications in June. All have experience with complex, major development projects. The four master developers and partners are: BioRealty/Greystar; Hines; The University Financing Foundation Inc. (TUFF)/Collaborative Real Estate LLC/CA Ventures; and Wexford/GMH Capital Partners.

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