The 700,000-square-foot property will initially host two multidisciplinary research centers: the California Institute for Immunology and Immunotherapy at UCLA and the Center for Quantum Science and Engineering.
“This purchase exemplifies the remarkable collaboration between the University of California, the State of California, and our partners in the private sector,” said UC President Michael Drake. “We’re grateful to Governor Newsom and the Legislature for their continued support. Investments like this help ensure that the University can continue to thrive and serve people across California.”
“This acquisition will be absolutely transformative for UCLA, our great city and the world. Governor Newsom and the California Legislature helped make this possible through a generous state investment, and we are deeply thankful for their support,” said UCLA Chancellor Gene Block. “We will remake the empty former mall into a state-of-the-art hub of research and innovation that will bring scholars from different higher education institutions, corporate partners, government agencies, and startups together to explore new areas of inquiry and achieve breakthroughs that will serve our global society.”
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