SAN DIEGO (CNS) - A minimum of 10% affordable housing will be required at the Mission Valley Stadium site should San Diego State University purchase it, under action taken today by the San Diego City Council.
The council unanimously voted to set some requirements on multiple parts of a draft purchase and sale agreement for the stadium, chief among those the affordable housing minimums. The college has offered $86.2 million to buy the property from the city.
The two parties intend to exchange a 135-acre parcel of land, which SDSU would redevelop into a 35,000-seat stadium to be primarily used by the university's football team. Plans also call for a satellite campus, a park along the San Diego River, commercial and residential space and a bridge extending Fenton Parkway over the San Diego
