UC San Diego officials won approval Friday to begin negotiating to buy a $29-million apartment complex near the La Jolla campus that could eventually be converted into housing for as many as 1,000 students.
The University of California Board of Regents gave the go-ahead to the university to move towards purchasing the La Jolla Del Sol Apartments, located on Regents Road two blocks south of La Jolla Village Drive.
The Regents also approved a $4.9-million expenditure to construct new athletic and recreational facilities at UCSD. The facilities would include a nine-lane track and two fields for intercollegiate and intramural soccer, softball and other field sports.
According to university officials, the 381-unit apartment complex would offer the university 612 single-occupancy rooms. If necessary, the university could convert the units into dormitories housing 1,000 students.