L.A. City Council OKs Huge USC University Village Project
December 13, 2012 - $1.1 Billion, 4,000 All-Union Construction Jobs - With a unanimous 15-0 vote, the Los Angeles City Council has given final approval to the $1.1 billion University Village project on the USC campus. The project will create 4,000 construction jobs, all union, pursuant to a PLA with the Los Angeles/Orange Counties Building and Construction Trades Council. It will be the largest construction project in the USC vicinity in decades.
LA/OCBTC Executive Secretary Ron Miller testified at the city council meeting that the project and PLA represented a victory for Los Angeles, USC and the community. “It will provide good-paying jobs to local residents, and allow new apprentices to start their careers with the Building Trades,” Miller said. “The project is a great part of L.A.’s future. The Building Trades are very proud to support it, and we look forward to breaking ground and getting to work.”
The project will change the face of the USC area, creating student housing, increased retail business activity, restaurants, a 190-room hotel, office space, parking facilities, and a plaza and fountain area.
Work will begin in the first quarter of 2014 and will be under a 10-year agreement.
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