[jrochkind1]

It seems possible university requirements for this will change, if part of the motive for this construction is [from OP] that "UCSB is experiencing a severe housing shortage and is being pressured by area residents to build new dormitories" -- seems like it doesn't meet that pressure unless they increase the number of students living on campus, right?

They're going to have to fill those 4500 beds (about 20% of the total undergraduate enrollment of UCSB) once they're built... seems safe to assume one way or another the portion of students living on-campus will increase significantly once this dorm is built.

[aidenn0]

It's also of note that private housing like this (or even more traditional dormitories) would be illegal in either Santa Barbara or Goleta; boarding houses are nearly impossible to get through zoning. Which would certainly make it more affordable for young, unmarried people to live in the area (who currently commute from Ventura, Solvang or Buelton).