The University of California, Los Angeles, declared Tuesday that it is creating a satellite campus by obtaining land from defunct Marymount California University.
For booming UCLA, this is an prospect to develop. The Los Angeles Instances documented that UCLA paid out $80 million to purchase a 24.5-acre campus and 11-acre residential web site from Marymount. With purposes surging and housing demand from customers in California higher, UCLA now has area to mature in close by Rancho Palos Verdes.
Marymount California formally closed in August. The little Catholic university tried to continue to be open by merging with St. Leo University in Florida, a very long-running hard work that was rebuffed by accreditors in April. Soon thereafter, Marymount California introduced strategies to shut down.
Marymount California officials cited shrinking student enrollment, exacerbated by the pandemic, as the reason for its closure. In 2014, about 1,000 learners had been enrolled at Marymount by its final 12 months, that range experienced fallen to 500. By contrast, UCLA proceeds to see report software quantities.
The Occasions documented that 41 bids have been designed for the property, all similar in price, but Marymount California officials selected UCLA due to the fact of its eyesight for the picturesque campus.