The Corporate Campus will include soccer fields, provide a site for a new fire station and daycare facility and is expected to generate millions of dollars per year in new tax revenues with new businesses. The campus will pay millions of dollars in traffic improvements and will benefit from direct access to the 105 Freeway, the Green Line Station and other forms of public transit.
As part of Wednesday night's action, the City Council approved the purchase of five acres of land at the Corporate Campus for $5 million, a savings of at least $4 million over the independently appraised value of the land.
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