Drexel U. Drops Plan to Build an Undergraduate Campus in Sacramento Area

Drexel University has withdrawn from a plan to build an undergraduate campus in California’s Placer County, in the Greater Sacramento region, because falling real-estate prices have eroded the financial underpinnings of the deal, The Sacramento Bee reported. The plan had called for a developer to donate 1,150 acres of land, about half of which the university would sell in order to finance the campus construction costs. Drexel opened a Center for Graduate Studies in Sacramento in 2009 and remains committed to that venture, the newspaper said.