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San Diego

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San Diego financier Sol Price will have the $18.6-million UC San Diego university center now under construction named for him and his family, the UC Board of Regents decided Friday.

Price, founder and chairman of the Price Co., has donated $2 million to help build the center. His donation is one of the largest private gifts in the history of UCSD.

The center, scheduled for completion in late 1988, will include the campus bookstore, lounges, a ballroom, several restaurants, a 500-seat theater/classroom, and office space for campus groups. Its location on a five-acre site immediately southeast of the central library is in the middle of the campus and is intended as a focal point for students and faculty.

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The remaining cost of the facility is coming from student fees, donations, revenue bonds, bookstore receipts and a commercial loan. No state funds are being used.

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