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Paul Schmidt has announced that he will retire from his position as Executive Director of the Capitol Area Development Authority (CADA) at the end of December 2011. CADA is a Joint Powers Authority of the City of Sacramento and the State of California. By announcing his retirement plans now, Schmidt provides the CADA Board of Directors with time for a seamless transition of leadership.
Schmidt was appointed Executive Director in 2005, but his work in the Capitol Area began in December 1975 when Schmidt and Jacqueline Whitelam, CADA’s Deputy Executive Director, were staff planners for the State on the Capitol Area Plan, adopted by the Legislature in 1977. The Urban Land Institute has called the Capitol Area Plan “an experiment of national significance”. When CADA was created to implement the residential and neighborhood commercial components of the Capitol Area Plan Schmidt and the founding members of CADA first cleared blight and established an internally funded rental assistance program. Since 1978, CADA has built over 800 new dwelling units through public private partnerships and rehabilitated an additional 600 units. Twenty five percent of the units CADA manages or develops are affordable to extremely low, very low or low income residents. Today, CADA has established a model of smart growth by building mixed-use, mixed-income sustainable development adjacent to light rail stations serving the Sacramento region.
Schmidt served as CADA’s Development Director for 15 years, having been responsible for Somerset Parkside, Stanford Park Townhomes, the Capital Athletic Club, Saratoga Townhomes and numerous other downtown projects. He was also instrumental in the planning and development of the East End and R Street Projects. From 1995 to 2005, he was Director of Asset Management overseeing the acquisition and sale of properties, as well as CADA’s capital improvements and facilities maintenance programs. During his time at CADA Schmidt has been civically engaged in improving the City of Sacramento. Schmidt initiated community workshops on R Street, chaired Sacramento Heritage Inc. and served as President of the American Institute of Architects Central Valley chapter. He is also a long time member of the Board of Directors of the Downtown Sacramento Partnership and the Friends of Light Rail. Recognition of the professionalism Schmidt has evidenced throughout his career has included his being named Corporate Architect of the year in California by the AIA California Council in 2001.
Reflecting upon his time at CADA, Schmidt said, “I consider public service a vocation. I have been privileged to devote my career to making the Capitol Park Neighborhood into a wonderful place to live, work, and raise a family. It’s now time to turn the opportunities and responsibilities over to the next generation and let them realize their aspirations.
The staff and board members of CADA wish to express their gratitude and appreciation for Paul Schmidt’s commitment and the example he has set in being a neighborhood-builder and compassionate leader.
CADA is a city/state Joint Powers Authority whose mission is to implement the residential and neighborhood commercial elements of the State’s Capitol Area Plan. CADA helps facilitate redevelopment and new developments within its boundaries as well as directly manages and maintains apartments, commercial/retail properties and parking spaces on state property.