University of Southern California USC

Economic Impact

 

USC Village will provide many economic benefits for the City of Los Angeles, Los Angeles County, and the immediate community including:

  • 12,000 new jobs (4,000 construction-related, 8,000 permanent) throughout the Specific Plan development area
  • $1.1 billion construction‐related economic impact on the Los Angeles County economy
  • $2.8 million in one‐time construction revenue for the City of Los Angeles
  • $1.7 million in annual revenue benefits for the City of Los Angeles from USC Village operations
  • $3.8 million in tax increment to the Community Redevelopment Agency through the year 2030; this is the single largest addition of tax increment revenue in South Los Angeles.

  • This Site For Reference Only

    This website contains archival information leading to the approval for the construction of USC Village. All subsequent information on the USC Village may be found at village.usc.edu