Housing crunch. (Real Estate).UCLA UCLA University of California at Los Angeles UCLA University Center for Learning Assistance (Illinois State University) UCLA University of Carrollton, TX and Lower Addison, TX might catch some guff over plans for three dormitories, though not from the obvious sources. The buildings near Hedrick and Rieber Halls could house as many as 2,000 students, with the first scheduled for completion by fall 2004 and the other two a year later. The building boom is in response to Tidal Wave tidal wave, term properly applied to the crest of a tide as it moves around the earth. The wavelike upstream rush of water caused by the incoming tide in some locations is known as a tidal bore. II, a state mandate for the University of California The University of California has a combined student body of more than 191,000 students, over 1,340,000 living alumni, and a combined systemwide and campus endowment of just over $7.3 billion (8th largest in the United States). system to accommodate an additional 63,000 full-time equivalent Full-time equivalent (FTE) is a way to measure a worker's involvement in a project, or a student's enrollment at an educational institution. An FTE of 1.0 means that the person is equivalent to a full-time worker, while an FTE of 0.5 signals that the worker is only half-time. students -- 4,000 for UCLA alone -- by 2010. The prospect of construction and incoming students undoubtedly will increase traffic in an already congested con·gest·ed adj. Affected with or characterized by congestion. congested ENT adjective Referring to a boggy blood-filled tissue. See Nasal congestion. area -- hardly good news for area homeowners. But the real fight is likely to come from apartment owners directly west of the development who are nervous about additional housing they see taking business from them at a time of rising vacancies. With two-bedroom apartments renting in the $2,000 to $2,400 a month range in the North Village area, many students appear to be opting for less expensive alternatives further from campus. "I've never seen so many vacancies in the area," said Shelley Taylor Shelley Taylor is a professor of psychology at the University of California, Los Angeles. She received her Ph.D. from Yale University, and was formerly on the faculty at Harvard University. , whose family has owned a four-unit apartment building since 1956 and who is president of the North Village Improvement Committee. The average second quarter apartment rent in Brentwood and Westwood was $1,713 a month, compared with the West L.A. average of $1,138, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Hendricks & Partners. Taylor said she has seen "a couple dozen" for rent signs in the area. "You rarely saw a 'For Rent' sign after school started," said Taylor. "(The dormitories) have to be a concern for property owners." The school is nearing its obligations under the state mandate, according to Michael Foraker, director of housing. "We are closing in on 100 percent drawing and specifications for (the 750-bed) Hedrick Hall North," he said. "Drawings and specifications for the other two facilities will be finished in the next four or five months." Staff reporter Danny King can be reached at (323) 549-5225 ext. 230, or at dking@labusinessjournal.com |
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