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California Research Universities
     Engines for Economic Growth and Innovation


     Presentation to the Urban Land Institute
     October 26, 2011

     Steven A. Olsen
     Vice Chancellor and CFO
California Research Universities
      Engines for Economic Growth and Innovation


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




      Capital Programs
                                                   2
California Research Universities
      Engines for Economic Growth and Innovation


California Research Universities & Institutes




      Capital Programs
                                                   3
California Research Universities
      Engines for Economic Growth and Innovation


University of California
2011 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.


      Capital Programs
                                                   4
California Research Universities
      Engines for Economic Growth and Innovation


UCLA Capital Programs
$2 Billion Under Management
Construction                      Planning & Design
– Northwest Campus                – Engineering VI Complex
  Student Housing                 – Center for Health Sciences
– Santa Monica-UCLA                  Seismic Safety Renovation
  Medical Center                  – Luskin Academic
– Pauley Pavilion                    Conference Center
  Renovation                      – Schoenberg Music Building
– Wasserman Eye                      Addition
  Institute Building              – Theater Film & Television
                                     Complex
                                  – Medical Education Building




      Capital Programs
                                                                 5
California Research Universities
       Engines for Economic Growth and Innovation


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




       Capital Programs
                                                                     6
California Research Universities
      Engines for Economic Growth and Innovation


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




      Capital Programs
                                                   7
California Research Universities
      Engines for Economic Growth and Innovation


                     Bruin Athletics:
               Pauley Pavilion & Rose Bowl




      Capital Programs
                                                   8
California Research Universities
      Engines for Economic Growth and Innovation


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




      Capital Programs
                                                   9
California Research Universities
      Engines for Economic Growth and Innovation


         Visual & Performing Arts:
             Royce Hall & Hammer Museum




      Capital Programs
                                                   10
California Research Universities
      Engines for Economic Growth and Innovation


 New Products, Companies, Industries




      Capital Programs
                                                   11
California Research Universities
      Engines for Economic Growth and Innovation


          Community Engagement




      Capital Programs
                                                   12
California Research Universities
      Engines for Economic Growth and Innovation


         Westwood Village Issues:
      Westside Subway Extension & CityLab




      Capital Programs
                                                   13
California Research Universities
     Engines for Economic Growth and Innovation


     Presentation to the Urban Land Institute
     October 26, 2011

     Steven A. Olsen
     Vice Chancellor and CFO

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A Cross Town Rivalry: UCLA and USC, Engines for Real Estate Development (Steve Olsen) - ULI Fall Meeting 102611

  • 1. California Research Universities Engines for Economic Growth and Innovation Presentation to the Urban Land Institute October 26, 2011 Steven A. Olsen Vice Chancellor and CFO
  • 2. California Research Universities Engines for Economic Growth and Innovation 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 Capital Programs 2
  • 3. California Research Universities Engines for Economic Growth and Innovation California Research Universities & Institutes Capital Programs 3
  • 4. California Research Universities Engines for Economic Growth and Innovation University of California 2011 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. Capital Programs 4
  • 5. California Research Universities Engines for Economic Growth and Innovation UCLA Capital Programs $2 Billion Under Management Construction Planning & Design – Northwest Campus – Engineering VI Complex Student Housing – Center for Health Sciences – Santa Monica-UCLA Seismic Safety Renovation Medical Center – Luskin Academic – Pauley Pavilion Conference Center Renovation – Schoenberg Music Building – Wasserman Eye Addition Institute Building – Theater Film & Television Complex – Medical Education Building Capital Programs 5
  • 6. California Research Universities Engines for Economic Growth and Innovation Student Housing: 720 Hilgard, Weyburn Housing, Sproul Landing, DeNeve Upper & Lower Capital Programs 6
  • 7. California Research Universities Engines for Economic Growth and Innovation Medical Centers: Ronald Reagan-UCLA & Santa Monica-UCLA Capital Programs 7
  • 8. California Research Universities Engines for Economic Growth and Innovation Bruin Athletics: Pauley Pavilion & Rose Bowl Capital Programs 8
  • 9. California Research Universities Engines for Economic Growth and Innovation Research & Development: Engineering VI, Wasserman Eye Center & CNSI Capital Programs 9
  • 10. California Research Universities Engines for Economic Growth and Innovation Visual & Performing Arts: Royce Hall & Hammer Museum Capital Programs 10
  • 11. California Research Universities Engines for Economic Growth and Innovation New Products, Companies, Industries Capital Programs 11
  • 12. California Research Universities Engines for Economic Growth and Innovation Community Engagement Capital Programs 12
  • 13. California Research Universities Engines for Economic Growth and Innovation Westwood Village Issues: Westside Subway Extension & CityLab Capital Programs 13
  • 14. California Research Universities Engines for Economic Growth and Innovation Presentation to the Urban Land Institute October 26, 2011 Steven A. Olsen Vice Chancellor and CFO