The California Maritime Academy Foundation has purchased 201 Georgia Street, a two-story, 11,844 square foot property in downtown Vallejo. Once renovated, the building will become a permanent home for the University’s Anchor Center, which is currently housed in leased properties just steps away at 253 and 255 Georgia Street. 

The purchase, totaling $1.9 million dollars, was executed through the California Maritime Academy Foundation, the University’s philanthropic arm. It was funded in large part through a bequest by alumnus David Posch ‘69, who left the bulk of his estate to the Foundation in an unrestricted bequest.

"This is an important purchase for Cal Maritime and wonderful way to honor the legacy of David Posch" says Robert Arp, vice president of advancement and executive director of the Cal Maritime Foundation. "Owning 201 Georgia Street strengthens our connection to downtown Vallejo and gives us an opportunity to grow Cal Maritime’s presence there, extending the mission of the University beyond the confines of the main campus." 

In addition, Arp noted, by owning the building the University will free up financial resources currently being expended monthly on the nearby leased space. 

Like the current Anchor Center, the new building will feature flexible spaces, which may include classrooms or areas devoted to meetings, University and community events, offices, and continuing education programs. It will house also the University’s archives, which were moved from the main campus to the existing Anchor Center in 2019. Eventually, the campus could partner with the private sector to build a multi-floor mixed use complex, potentially housing faculty and married students.

"We look forward to working with the city and local developers in exploring the best ways to use this property to its fullest advantage. We’re hopeful it will become a vital addition to the ongoing renewal of Vallejo’s historic downtown," says Arp. 

The property’s attributes include its location as a transportation hub, close to bus lines and the Vallejo ferry terminal. The purchase also includes an adjacent parking lot, opening ample opportunity for resident and visitor parking for the new Anchor Center.