SMC is moving ahead rapidly with plans to revamp and modernize the campus using funds from Measure U, the $160 million bond measure approved by Santa Monica-Malibu voters last March.

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So far, the SMC Board of Trustees has approved property purchases and contracts for related services that total $47.6 million.

The major planning focus of the college has been on a new building for SMC’s widely praised Emeritus College for older adults, currently under construction; renovation of the Main Stage; and a new Liberal Arts building.

The $8.65 million Emeritus building in downtown Santa Monica is expected to be completed next spring, and work on the Main Stage and Liberal Arts projects is scheduled to begin next August.

Construction of a Literacy Center on SMC-owned property on Pico Boulevard at 14th Street is expected to begin in fall 2003.

Money has also been spent on the purchase of the 10.4-acre BAE property at Santa Monica Airport that will eventually be converted to a major SMC satellite campus. SMC is currently leasing back the property to BAE.

Funds are also being spent to update the SMC Facility Master Plan, which will serve as a blueprint for development of the campus over the next decade or so and will guide the campus as it implements Measure U.