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| Proposed site |
The University of California, Los Angeles (UCLA) proposes to construct the Hilgard Faculty Housing project to offer conveniently located, competitively priced faculty rental housing to faculty candidates as part of recruitment and retention efforts in support of excellence in UCLA’s academic programs. The project would construct approximately 75 to 90 apartment-style units with associated parking to expand the current campus inventory of faculty rental housing. The project would be located on a vacant parcel of land in the Westwood Village neighborhood close to the campus...
The Regents are being asked to approve preliminary plans funding in the amount of $4.74 million to be funded by housing reserves. Preliminary plans funding would support program and scope refinement, preliminary design, project cost estimating, environmental analysis, the selection process for a pre-qualified Design-Build team, and project activities through design development. Following the planning phase, the project would be submitted to the Regents for approval of full budget, financing, and design, anticipated in early 2020...
The purpose of providing faculty housing is to support recruitment and retention of top-quality faculty by providing quality, below-market-priced housing for faculty and their families in close proximity to campus. Demand for faculty housing is consistently high and exceeds the available supply, with a waitlist ranging from about 100 to 150 faculty every year. UCLA currently maintains 189 units of campus faculty housing, ranging from studios, one-, two-, and three-bedroom apartments and condos, to three- and four-bedroom single-family homes, available at a variety of lease terms at below-market pricing. The ability to offer attractive, safe, and affordable housing within walking distance of campus is important to prospective faculty and their families...
The campus aims to offer rental units at Hilgard Faculty Housing for at least 30 percent below market rental rates in the area...
The proposed site is a vacant parcel of land measuring approximately 25,700 square feet, located northeast of the intersection of Hilgard Avenue and Lindbrook Drive, in the neighborhood adjacent to the UCLA campus known as Westwood Village... The parcel was purchased by the University for $13 million in August 2018. The surrounding neighborhood consists of single- and multi-family residential and commercial properties, of varying heights and densities...
The campus expects to request approval of full budget, financing, and design following action pursuant to the California Environmental Quality Act in early 2020. Construction is anticipated to complete in fall 2022...
Full proposal at https://regents.universityofcalifornia.edu/regmeet/nov19/f4a.pdf
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