Eli Broad, founder and former chairman of KB Home, recently announced his intention to seek annexation into the city of Roseville for the Placer Ranch development.  Placer Ranch is the 2,200 acre developement that has proposed as many as 5,000 new homes, up to 9 million square feet of commercial, office and light industrial land use, as well as a possible California State University campus.  Broad has been in discussions with Placer County for years over the costs of providing new services for the project.  Annexation approval must come from both Roseville, as well as Placer County.

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