De La Salle pulls out of Placer project
Sacramento Business Journal - May 10, 2005
The Christian Brothers announced Tuesday it is withdrawing
its proposal for a four-year private college in south Placer
County, citing slow county approval of the project, which
Christian Brothers expects would increase development costs.
The decision will not affect project planning, said Steve
Capps, a spokesman for KT Communities, a Roseville-based
corporation that's backing the project and donated 1,100 acres
to the university for a 600-acre campus and 500-acre related
housing community. The idea was to use money generated from home
sales to build a university that would eventually have as many
as 6,000 students.
As recently as late last month, backers suggested that
project approval by year's end could bring the first students to
town by 2008. A May 6 letter to Placer County Superintendent Bud
Nobili withdrew the plan, but held out hope for a second chance.
"We cannot sustain our ongoing participation during what
increasingly appears to be an indefinitely long process that
could result in unacceptable costs," wrote Brother Stanislaus
Campbell. "Despite assurances from the county as well as the
hard work done by the KT Communities team, we have concluded
that Placer County will not meet the expected date for granting
of entitlements. Indeed, as of this date, county maps still show
a new freeway running though the middle of the site."
The proposed De La Salle University may not be off the map
for good however. Christian Brothers officials plan to finish a
feasibility study of the project and may still want to be
considered for the project once county officials grant final
approval.
Placer County Supervisor Ted Gains pledged new efforts
Tuesday to get the project approved in diligent but timely way.
"This is a wake-up call for the county," he said, adding that
the two-year timeline project backers were initially given for
approval expires next month. "I'll be looking to our planning
staff to do everything we can to have a De La Salle University
in Placer County -- it is very important to us," he said.
Plans for De LaSalle University Announced
March 22, 2003
Plans to build a private four-year university in the Sacramento
region were announced March 14 by
Christian Brother
Craig J. Franz, president of St. Mary’s College. The
Christian Brothers run Christian Brothers High School in Sacramento
and St. Mary’s College in Moraga.
In a morning press conference at Christian Brothers High School,
officials of the order said they had reached an oral agreement with
landowner Angelo Tsakopoulos to build the university on 600 acres of
donated land in southwestern Placer County, adjacent to St. Clare
Church in Antelope/West Roseville.
The tentative name given to the four-year institution is De La
Salle University, named after St. John the Baptist de la Salle,
founder of the Brothers of the Christian Schools and patron saint of
teachers.
“We are both pleased and excited about the opportunity to launch
a new Lasallian university in the Sacramento area, particularly
because the need for private higher education in the region is so
great,” said Brother Craig J. Franz, president of St. Mary’s
College, who will lead the effort to establish the new university.
“This is certainly a challenge, but it will be a joy to
undertake,” he said.
Brother Franz said he expects the new university to have 2,000 to
4,000 students. In comparison, St. Mary’s has 2,500 students and
employs about 500 faculty members and 500 assistants and staff, he
said.
“We anticipate that the (possible) jobs will be a wonderful boost
to Placer County,” Brother Franz said.
The estimated cost of construction was not released at the press
conference, nor were details announced about the cost of attending
the university. Tsakopoulos’ son, Kyriakos, president of AKT
Development, said that plans were underway to raise $50 to $100
million for the new university.
The Brothers and the Tsakopoulos family expect the university to
be built in two to four years, depending on whether they can get
county approval and meet planning requirements. “At the outside,
maybe seven years to completion,” said Kyriakos Tsakopoulos.