San Diego State University has picked Carlsbad-based Chelsea Investment Corp. to build the first income-restricted apartments at the university’s Mission Valley campus. Monday, the school announced that the for-profit affordable housing developer was selected through a competitive bidding process. Advertisement“SDSU has always been committed to the inclusion of affordable housing on-site at Mission Valley,” Gina Jacobs, a university executive overseeing development at Mission Valley, said in a statement. In August 2020, SDSU purchased the city’s former Mission Valley stadium site along Friars Road for a satellite campus. San Diego State announced in March that developer LPC West would build the first research buildings at the Mission Valley site.

Source: thestar April 11, 2023 16:53 UTC