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Tuesday, November 1, 2011

UCLA Hotel-Conference Center Plan Announced

As indicated in yesterday's post, UCLA has announced its plans for the hotel/conference center (which does not displace the Faculty Club). Below are some highlights:

Location: Central campus, at the end of Westwood Plaza near Pauley Pavilion, in the space currently occupied by Parking Structure 6

Projected Groundbreaking and Demolition: Summer 2013

Projected Completion: Winter 2016

Estimated Project Cost: Roughly $152 million ($40 million from UCLA donors Meyer and Renee Luskin and approximately $112 million in financing)

Square Feet of Meeting Space: 25,000

Number of Guest Rooms: 250

Number of Stories: Seven

Amenities: Restaurant, business center and fitness center

Planned Room Rate (based on today’s market): $185

Underground Parking Spots: 125

Press release http://newsroom.ucla.edu/portal/ucla/luskin-conference-center.aspx

From the FAQ section of http://luskinconferencecenter.ucla.edu/

Q: What about neighbors’ concerns?

A: We surveyed our neighbors and found no widespread opposition to the project, with concerns largely focused on traffic issues. In fact, we were very pleased to learn that our neighbors think we’re a good neighbor and that they have a very positive image of UCLA.

Q: Previously, UCLA said rates would be $270 per night. Why is it $185 now?

A: The previously referenced rate included food and conference fees and also factored in inflation, out to a completion date of 2015. This made for inaccurate comparisons with current hotel rates. The $185 rate applies to rooms only and represents what we would charge if the center was opened today, allowing for a fair and accurate comparison with existing area hotel rates.

Q: We’re visiting L.A. for our vacation. Can we get a room while we’re in town sightseeing?

A: No. All guests must have business with the university in order to book a reservation.

Q: What if an academic department wants to host a conference but can’t afford the center’s rates?

A: The Luskins have provided a $10 million endowment to assist academic departments in hosting conferences.

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