In June 2005 Urban Partners completed ground lease and sublease transactions with The Shammas Group and University of Southern California (USC) to develop a premier residential site for students of USC. Urban Partners then formed a joint venture with Blackstone Real Estate Advisors to develop 421 rental units that can provide up to 1,600 beds for USC students.
University Gateway offers its’ residents a complete fitness center, luxurious student lounge with state-of-the-art audio/visual equipment, multi-screen college game day viewing lounge, study rooms with access to free printing, concierge service and rooftop lounges. The project also includes 83,000 sf of ground floor retail which is currently 100% leased and features CVS, Fresh and Easy, STA Travel, Chase Bank, several eating establishments and a sit down restaurant.
University Gateway is also adjacent to the newly opened Expo Line (light rail station), making this site ideally located to connecting USC with downtown Los Angeles and points north and west. For more information please visit our website at livegw.com