Is UCLA Missing Out on a Two-for-One Sale on Its Hotel?

I happened to be looking at a listing of major construction projects in LA County that appeared this week in the LA Business Journal.*  Now we all know that UCLA is proposing to build a 250-room hotel for $162 million.  But in downtown LA, Marriott is building a two-hotel structure - 28 stories high! - for only $172 million.  That's right; two hotels for a little more than UCLA is getting one.  Of course, they're not quite as big.  One is 174 rooms and the other is 218 rooms.  But still, you do get 28 stories which would really give a nice view of Westwood from the roof.  Anyway, I just thought I would mention the possibility of getting a two-fer since the Regents are meeting to finalize their OK of the hotel in September and I thought they would like to know.

Maybe UCLA is just too busy with its construction projects to worry about such matters. Here is a list of other UCLA capital projects, also courtesy of the LA Business Journal:

UCLA Santa Monica Orthopaedic Hospital
$289.1 million

Pauley Pavillion Renovation and Expansion
$84.2 million

CHS South Tower Seismic Renovation
$80.0 million

Sproul Phase II
$80.0 million

Edie and Lew Wasserman Building
$78.0 million

I did ask our former governor what he thought about all of these projects:

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*Note: The construction data come from the August 27 issue.  You have to be a subscriber to see it.