UC Berkeley Expansion Plans Put On Hold

UC Berkeley's plan to build a new 34-acre campus in Richmond has been placed on hold. The University planned to partner with the Lawrence Berkeley National Lab to build the 5.4M SF project only to see it falter as funding became an issue.

Nicholas Dirks, the school’s chancellor, told the San Francisco Business Times the Berkeley Global Campus at Richmond Bay was put on hold since paying for it would be a major challenge. As of April, the school had obtained environmental approvals and paid $25M to clean up the area.

The move appears to have been triggered by the US Department of Energy’s decision not to contribute to the construction of the new campus. The Energy Department funds Lawrence Berkeley National Lab.

Dirks hopes to use the land in Richmond for projects such as student housing instead. The chancellor sought to reassure the city the university is still committed to building there. [SFBT]

Continue reading this story with a free account

Log in or register
Related Topics: UC Berkeley
Sign up for more articles like this
Subscribe to Bisnow's San Francisco Newsletters
Related Stories

Why Top-Secret Facilities Are Permeating Greater D.C.'s Office Market

With Occupancy Brimming, Investors Pile Into Bay Area Apartments

DivcoWest Sells Glendale Office Building For $70M

Stanford Pursuing $100M Fund For A 2M SF Expansion

Hines And Rialto Close Office Credit Fund At $1.1B

Rig Collapse At Citadel HQ Site Sends 4 To Hospital

Northern Virginia Office Tower Sells For Double Its 2024 Price

Oxford Properties' U.S. Investment Head On Why It's Buying Office Again — And Where

Fertility Provider Opens Clinic At 1900 Lawrence Office Tower: The Denver Deal Sheet

Office Revenues Are Failing To Keep Pace With Expenses

Security Tech Firm Plans Loudoun HQ Move: The D.C. Deal Sheet

Stephen Ross Expands Palm Beach Empire With Massive Boca Raton Campus