Engines for Economic Growth and InnovationCalifornia Research Universities

Presentation to the Urban Land InstituteOctober 26, 2011

Steven A. OlsenVice Chancellor and CFO

Engines for Economic Growth and InnovationCalifornia Research Universities

Capital Programs

How Research Universities Promote Economic Growth & Development

• Direct and Indirect Economic Impacts• Construction and Real Estate Activities• Creation of New Products, Companies,

Industries• Community Engagement

2

Engines for Economic Growth and InnovationCalifornia Research Universities

Capital Programs

California Research Universities & Institutes

3

Engines for Economic Growth and InnovationCalifornia Research Universities

Capital Programs

University of California2011 Economic Impact Study

• $46 billion in economic activity.• $33 billion contribution to Gross State

Product.• $8.5 billion in annual funding from outside

California.• California’s third largest employer.

– behind only the state and federal governments.

– Supports 430,000 jobs, directly & indirectly.

4

Engines for Economic Growth and InnovationCalifornia Research Universities

Capital Programs

UCLA Capital Programs$2 Billion Under Management

Construction– Northwest Campus

Student Housing– Santa Monica-UCLA

Medical Center– Pauley Pavilion

Renovation– Wasserman Eye

Institute Building

Planning & Design– Engineering VI Complex– Center for Health Sciences

Seismic Safety Renovation– Luskin Academic

Conference Center– Schoenberg Music Building

Addition– Theater Film & Television

Complex– Medical Education Building

5

Engines for Economic Growth and InnovationCalifornia Research Universities

Capital Programs

Student Housing:720 Hilgard, Weyburn Housing, Sproul Landing, DeNeve Upper & Lower

6

Engines for Economic Growth and InnovationCalifornia Research Universities

Capital Programs

Medical Centers:Ronald Reagan-UCLA & Santa Monica-UCLA

7

Engines for Economic Growth and InnovationCalifornia Research Universities

Capital Programs

Bruin Athletics:Pauley Pavilion & Rose Bowl

8

Engines for Economic Growth and InnovationCalifornia Research Universities

Capital Programs 9

Research & Development:Engineering VI, Wasserman Eye Center & CNSI

Engines for Economic Growth and InnovationCalifornia Research Universities

Capital Programs

Visual & Performing Arts:Royce Hall & Hammer Museum

10

Engines for Economic Growth and InnovationCalifornia Research Universities

Capital Programs

New Products, Companies, Industries

11

Engines for Economic Growth and InnovationCalifornia Research Universities

Capital Programs

Community Engagement

12

Engines for Economic Growth and InnovationCalifornia Research Universities

Capital Programs

Westwood Village Issues:Westside Subway Extension & CityLab

13

Engines for Economic Growth and InnovationCalifornia Research Universities

Presentation to the Urban Land InstituteOctober 26, 2011

Steven A. OlsenVice Chancellor and CFO