In The News
Lucasfilm, Marin foundation seek developers for Grady Ranch affordable housing
The Marin Community Foundation is seeking affordable developers to build up to 300 apartments on Grady Ranch in Marin County, a property filmmaker George Lucas had hoped to use for a new film studio.
Neighborhood opposition killed Lucas’ original plan, so he decided to reserve the land for affordable, multifamily housing — another type of development local residents aren’t particularly fond of.
At the time, Lucasfilm decided to stop pursuing the film studio, it released a statement that read, “We love working and living in Marin, but the residents of Lucas Valley have fought this project for 25 years, and enough is enough. Marin is a bedroom community and is committed to building subdivisions, not business.”
Lucasfilm then brought on Marin Community Foundation earlier this year to explore the possibility for developing below-market-rate housing on the site.
“We were delighted to be presented with this extraordinary opportunity by a singularly generous person,” said Thomas Peters, president and CEO of the foundation. “While specific details are yet to be decided, we are committed to ensuring that this project be environmentally sensitive, aesthetically pleasing and a welcome addition to the neighborhood. Whether for retired seniors or working families, this effort will help address a significant need for affordable housing in Marin.”
The foundation issued a request for proposals from developers interested in the site, which sits off of Lucas Valley Road about three miles west of Highway 101 near the northern edge of San Rafael.
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