Key takeaways
- The UCLA Research Park will occupy the former mall site, a 700,000-square-foot property 2 miles from the Westwood campus.
- The research park will house the California Institute for Immunology and Immunotherapy at UCLA and the UCLA Center for Quantum Science and Engineering, as well as programs across the disciplines.
- This acquisition was made possible in part by an intended $500 million investment from the state of California, with $200 million already allocated.
- The California Institute for Immunology and Immunotherapy is also supported by a group of founding donors led by Meyer Luskin, Dr. Gary Michelson, Dr. Eric Esrailian, Dr. Arie Belldegrun, Sean Parker and Michael Milken.
UCLA has acquired the former Westside Pavilion shopping mall, which the university will transform into the UCLA Research Park — bringing together scholars and industry experts from around the world to create a nexus for discovery and innovation that will benefit Southern California and beyond.
"This acquisition will be absolutely transformative for UCLA, our great city and the world. Gov. Gavin 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."
The 700,000-square-foot property, located 2 miles south of the Westwood campus, will initially host two multidisciplinary research centers: the California Institute for Immunology and Immunotherapy at UCLA and the UCLA Center for Quantum Science and Engineering.
In addition, Google — which previously leased part of the property — helped enable and support UCLA's acquisition. Favorable real estate market conditions helped create the historic opportunity for the university as well.
"California is the epicenter of global innovation — from the creation of the internet to the dominance of artificial intelligence, humanity's future happens here first," said California Gov. Gavin Newsom. "Leveraging the next waves of technology and science — quantum computing and the immense potential of immunology — the UCLA Research Park will cement California's global economic, scientific and technological dominance into the 22nd century, and beyond."
"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 Gov. Newsom and the state Legislature for their continued support. Investments like this help ensure that the University can continue to thrive and serve people across California."
"The California Institute for Immunology and Immunotherapy has the potential to reshape the future of science and medicine," said the institute's founding donors. "We are proud to join UCLA, UC President Drake, Gov. Newsom and the state Legislature in helping make California a world leader in decoding the still-mysterious workings of the human immune system and translating breakthrough discoveries into lifesaving immunotherapies. Launching a research park that joins biosciences with quantum science and engineering — as well as other emerging technologies, like next-generation artificial intelligence — is a once-in-a-generation event, and we are honored to be a part of it all."
The acquisition caps a multiyear effort by Dr. John Mazziotta, vice chancellor for health sciences and CEO of UCLA Health, to establish the institute at UCLA and provide it with leading-edge facilities.
"UCLA's goal is to build the immunology equivalent of Silicon Valley in Los Angeles," said Mazziotta. "Given the university's expertise and state-of-the-art facilities, we are expecting to attract the world's best scientists in immunology and immunotherapy, as well as top students."
The institute will draw on the expertise of UCLA faculty members, scholars from different higher education institutions, and other leading scientists and practitioners in clinical and biomedical scientific research, including human genetics, genomics, computer science, engineering and information science. Researchers will pursue new tools, treatments and vaccines for cancer, autoimmune and immune deficiency disorders, infectious diseases, allergies, heart conditions, solid organ transplantation and other major health-related issues.