Construction Begins on the New Life Sciences Research and Nursing Education Building
April 18, 2008 ground was broken to begin the construction of the new,
state-of-the-art $43 million Life Sciences Research and Nursing
Education building which represents the largest single investment in
South Los Angeles in the past 25 years.
two-story, 63,000-square-foot building will be located adjacent to the
University’s main administration building in South Los Angeles, and is
expected to be completed by spring 2009. The scientific research
facility will encompass state-of-the-art space for laboratory, clinical
research and support functions for the College of Medicine and the
College of Science and Health. It will also house the nursing school,
named in honor of Mervyn M. Dymally, the renowned California
Assemblyman and former State Senator, Lieutenant Governor, and U.S.
The building is
funded through a $43 million bond offering issued by the California
Educational Facilities Authority. The Variable Rate Demand Revenue
Bonds carry strong long-term ratings of “Aa1” and a short-term rating
of “VMIG 1” by Moody’s Investor Service, a leading bond rating agency.
The California Educational Facilities Authority has established an
agreement with the University for the loan of proceeds from sale of the
“We are grateful to the
National Institutes of Health and the State of California through the
University of California system for millions of dollars of support for
this new teaching space for CDU’s Mervyn S. Dymally School of Nursing,
and facilities for our nationally renowned research program. This bold
initiative will enable CDU to continue its resurgence — in style,” said
CDU President and CEO Dr. Susan Kelly.