UC Davis powers nearly $9.57 billion in economic impact to the Sacramento metro area and $13.18 billion to the state, supporting 61,700 jobs in the region and 68,300 in the state, according to a new economic analysis.

In early May, officials from UC Davis plan to cut the ribbon on the first phase of Aggie Square — a $1.15 billion innovation district along Stockton Boulevard — bringing one of Sacramento’s most anticipated development projects to fruition.