101 acres in Mill Valley that is currently home to the campus of the Golden Gate Baptist Theological Seminary has been sold to a developer for apartments and a school campus. The land has been used by the seminary since 1959, but they decided to sell in order to build a new campus in Southern California and relocate a secondary campus in the Bay Area. San Rafael company North Coast Land Holdings bought the land, and aim to build 100+ rental units with some for seniors and low-income renters, as well as school campus (no word on tenant yet, but rumors are an extension campus of a Marin private school). Right now the property has a few buildings at the northern end, but is mostly open space - the development will demo the existing structures in favor of new construction designed by Mark Cavagnero (of SFJAZZ Center and Public Safety Building fame), but will still preserve 10 acres near Richardson Bay as open space. Don't hold your breath for anything soon - the seminary plans to lease back the site for two years while it builds its new campuses, and the developer will have a weighty community input and environmental review process ahead of them.
· Pristine Marin County land to be sold to developer [SF Gate]
· Previous coverage of Mark Cavagnero [Curbed SF]
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