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.
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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
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Engines for Economic Growth and InnovationCalifornia Research Universities
Capital Programs
Student Housing:720 Hilgard, Weyburn Housing, Sproul Landing, DeNeve Upper & Lower
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Engines for Economic Growth and InnovationCalifornia Research Universities
Capital Programs
Medical Centers:Ronald Reagan-UCLA & Santa Monica-UCLA
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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
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Engines for Economic Growth and InnovationCalifornia Research Universities
Capital Programs
New Products, Companies, Industries
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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
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Engines for Economic Growth and InnovationCalifornia Research Universities
Presentation to the Urban Land InstituteOctober 26, 2011
Steven A. OlsenVice Chancellor and CFO
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