UCSD Workforce Development Accelerator

New Markets Tax Credit Coalition

San Diego,
CA
(2020)

UCSD Workforce Development Accelerator

Adult Education, College or Vocational Training, Community, Daycare and Early Childhood, Mixed-use, Nonprofit Hub, Youth and Families

The University of California, San Diego has extended its reach into downtown San Diego’s East Village neighborhood.

Investment

NMTC Amount: $35,095,000
Total Project Cost: $36,000,000

IMPACT

252 FTE jobs
520 construction jobs
The project will serve more than 5,000 students annually, and will engage over 10,000 local community members each year with a focus on providing programs that will allow unemployed and underemployed people to achieve academic certificates and well-paying jobs on an accelerated basis.
66,000 sq. ft. of real estate

CDEs

Border Communities Capital Company, Civic Community Partners, TELACU

Investor

US Bank

Project Description

The University of California, San Diego (UCSD) has extended its reach into downtown San Diego’s East Village neighborhood. As part of the University’s Extension School, UCSD used a new, strategically-located 66,000 sq. ft. facility to create a Workforce Development Accelerator and Community Arts & Innovation Center at a site that is accessible to low-income community members via multiple public transit lines.

This project allows new populations and constituencies from San Diego’s Promise Zone and beyond to be brought into UCSD’s regional economic, academic and cultural spheres of influence. This includes a wide “lifespan” of individuals, from kindergarten through 50+ populations. The project will serve thousands of students and local community members annually with programs that allow unemployed and underemployed persons to achieve academic certificates and well-paying jobs on an accelerated basis.

MAP

Address: 1100 Market Street, San Diego, CA 92101

Census Tract: 6073005202

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