'A magnificent gift' is what is described at the latest project proposal and show of generosity by George Lucas.
George Lucas has proposed a 224-unit affordable housing complex at Grady Ranch. Representatives of the “Star Wars” billionaire’s Skywalker Properties, calling plans for rental housing that accommodates seniors and local workers a “magnificent gift” to Marin County, said Lucas intends to pay for the entire project himself, without federal, state or other grant aid.“The unique thing about this is George is financing it 100 percent,” said Gary Giacomini, former county supervisor and an attorney for Skywalker. The situation will leave Lucas in charge, and not grantmakers, while eliminating red tape associated with subsidized housing, Giacomini noted, saying units can be set aside specifically for teachers, local workers or anyone else who meets income guidelines.
Reaction to the latest plan for Grady Ranch was mixed, with Supervisor Damon Connolly citing worries about “the cumulative impact on the entire area” of a cascade of development proposals that can “literally and figuratively change the landscape in Marinwood and Lucas Valley.”
But Supervisors Judy Arnold and Steve Kinsey sounded optimistic notes, with Kinsey calling it a “wonderful opportunity.” Arnold noted that affordable housing is in short supply in Marin and “in this case we have the opportunity to be more creative.”
Read more on this generous act by George Lucas here.
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