A rendering of CalSTRS building expansion. A rendering of CalSTRS building expansion.

WEST SACRAMENTO, CA—The trustees of the California State Teachers' Retirement System—the Teachers' Retirement Board—report it has approved a 275,000-square-foot expansion of the CalSTRS headquarters here that will increase the total office space at the complex to 684,000 square feet.

The board approved a budget for the expansion that is not to exceed $300 million. The expansion is expected to deliver in mid-2021.

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John Jordan

John Jordan is a veteran journalist with 36 years of print and digital media experience.