top of page
Search
Private Investment Team

Major development will add 1,300 rooms for UCSD students


Photo Via Fox 5 San Diego: Renderings show the Pepper Canyon West Living and Learning Neighborhood set to open in 2024 at UC San Diego, providing 1,300 units of student housing.


Article via: Fox 5 San Diego, Matt Meyer

July 7, 2022 A 1,300-room development at UC San Diego is due in fall 2024, helping the university meet surging demand for student housing on the La Jolla campus. The college announced Thursday that it will receive an influx of $100 million in state funding for the coming Pepper Canyon West Living and Learning Neighborhood, which will be geared toward transfer and upper-division undergrads when it opens in fall 2024. The funding comes from a state grant program that helps universities address the challenges of increased enrollment. UCSD faces a housing shortage as its student body only shows signs of growing. The San Diego Union-Tribune reports that enrollment could swell to 50,000 by the early 2030s, potentially making it one of the largest schools in the western United States. It remains highly regarded for academics and research, cracking the top 10 in two recent rankings of public universities in the U.S. According to the school, one student will live in each of Pepper Canyon’s 1,300 rooms. The project is located on UCSD property, near the Central Campus station for the new UC San Diego Blue Line trolley. 2 The 580,500-square-foot development will consist of two towers of 22 and 23 stories. The towers will connect to a smaller, five-story building with an outdoor terrace, two courtyards, and retail and dining spaces. School officials say the project will also feature an open-air amphitheater, art installations and easy access to canyon trails. According to UCSD, three new “living and learning neighborhoods” — Pepper Canyon, the Theatre District and Ridge Walk North — will add housing for more than 5,300 additional students by fall 2025. That will raise the university’s on-campus housing stock to accommodations for about 22,000 students, the school said. Officials added that its on-campus housing rates are at least 20% below market for the area, and that 1,100 low-income students from California receive rates of up to 55% below market. All content provided on this blog is for informational purposes only. The owner of this blog makes no representations as to the accuracy or completeness of any information on this site or found by following any link on this site. The owner of will not be liable for any errors or omissions in this information nor for the availability of this information. The owner will not be liable for any losses, injuries, or damages from the display or use of this information. Keywords: San Diego Commercial Real Estate For Sale, Commercial Property In San Diego, Commercial Real Estate In San Diego, San Diego Investment Real Estate, Commercial Property Management In San Diego, San Diego Commercial Property Management, Commercial Property Management San Diego, Managed Commercial Property San Diego, Commercial Property For Sale San Diego, San Diego Commercial Real Estate Leasing, Top Real Estate Agents in San Diego, Commercial Property in San Diego, Property Management Company San Diego, Real Estate Agent in San Diego, San Diego Commercial Real Estate Real Estate Agent Contact Us Brokerage, Property Management Commercial Real Estate Agency in San Diego San Diego Commercial Property Management


7 views0 comments

Comments


bottom of page