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UCLA Will Transform Dead Westside Mall Into Major Science Innovation Center - Sl...
source link: https://news.slashdot.org/story/24/01/04/2045257/ucla-will-transform-dead-westside-mall-into-major-science-innovation-center
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UCLA Will Transform Dead Westside Mall Into Major Science Innovation Center
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An anonymous reader quotes a report from the Los Angeles Times: The former Westside Pavilion, a long shuttered indoor mall, will be transformed into a UCLA biomedical research center aimed at tackling such towering challenges as curing cancer and preventing global pandemics, officials announced Wednesday. The sprawling three-story structure will be known as the UCLA Research Park and will house two multidisciplinary centers focusing on immunology and immunotherapy as well as quantum science and engineering. Establishment of the public-private research center is a coup for Southern California that "will cement California's global, economic, scientific and technical dominance into the 22nd century and beyond," said Gov. Gavin Newsom.
The former owners of the mall, Hudson Pacific Properties Inc. and Macerich, said Wednesday that they sold the property to the Regents of the University of California for $700 million. By purchasing the former shopping center, UCLA saved several years of potential toil to build such a facility on campus. UCLA is the most-applied-to university in the nation, but its Westwood home is among the smallest of the nine UC undergraduate campuses, leaving it limited room for growth. The former mall sits on prime real estate in the heart of the Westside at Pico Boulevard and Overland Avenue, about two miles from the UCLA campus. The mall was owned by commercial developers who spent hundreds of millions of dollars to dramatically remake the old shopping center into an office complex intended to appeal to technology firms, which signed some of the biggest office leases in L.A.'s Silicon Beach before the pandemic.
Google agreed to become the sole tenant and began paying rent last year yet never moved in. The interior is mostly unfinished, but is ready for UCLA to build out to its specifications in a process Newsom said would take about 40 months. The UCLA Research Park "will serve as a state of the art hub of research and innovation that will bring together academics, corporate partners, government agencies and startups to explore new areas of inquiry and achieve breakthroughs that serve the common good," UCLA Chancellor Gene Block said. In addition to flexible work areas, the former mall's 12-screen multiplex movie theater may be converted into lecture halls or performance spaces offering programming across the arts, humanities, sciences and social sciences, the chancellor's office said. One tenant of the research park will be the new California Institute for Immunology and Immunotherapy.
The former owners of the mall, Hudson Pacific Properties Inc. and Macerich, said Wednesday that they sold the property to the Regents of the University of California for $700 million. By purchasing the former shopping center, UCLA saved several years of potential toil to build such a facility on campus. UCLA is the most-applied-to university in the nation, but its Westwood home is among the smallest of the nine UC undergraduate campuses, leaving it limited room for growth. The former mall sits on prime real estate in the heart of the Westside at Pico Boulevard and Overland Avenue, about two miles from the UCLA campus. The mall was owned by commercial developers who spent hundreds of millions of dollars to dramatically remake the old shopping center into an office complex intended to appeal to technology firms, which signed some of the biggest office leases in L.A.'s Silicon Beach before the pandemic.
Google agreed to become the sole tenant and began paying rent last year yet never moved in. The interior is mostly unfinished, but is ready for UCLA to build out to its specifications in a process Newsom said would take about 40 months. The UCLA Research Park "will serve as a state of the art hub of research and innovation that will bring together academics, corporate partners, government agencies and startups to explore new areas of inquiry and achieve breakthroughs that serve the common good," UCLA Chancellor Gene Block said. In addition to flexible work areas, the former mall's 12-screen multiplex movie theater may be converted into lecture halls or performance spaces offering programming across the arts, humanities, sciences and social sciences, the chancellor's office said. One tenant of the research park will be the new California Institute for Immunology and Immunotherapy.
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