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A $2 billion student housing village is on the horizon on the eastern edge of UC San Diego’s main campus as Chancellor Pradeep Khosla seeks approval from the University of California for its development. The proposed village is set to exceed the size of any market-rate residential complex in San Diego County and is expected to house up to 6,000 students.

Connect CRE further reported:

Khosla said his proposal confronts a hard reality: although the university has tried to keep up, there will never be a big enough supply of affordable housing in the La Jolla and University City area to help UCSD meet demand. Enrollment has grown by about 13,000 over the past decade and is expected to rise by about 7,600 over the next 10 to 15 years, pushing UCSD above 50,000.