The University Endowment Lands (UEL) are the physical legacy of the University Endowment Land Act of 1907, which established a lands trust to raise capital for the formation and initial operation of the University of British Columbia (UBC).
The site of what would become UBC was chosen in 1910. The first residential lots were sold by public auction in 1925, marking the beginnings of a residential community in the UEL.
Since then, approximately 280 hectares (692 acres) have been subdivided and sold as residential, commercial and recreational property. The remaining undeveloped land was conveyed by the Province of British Columbia in 1989 to the Greater Vancouver Regional District (Metro Vancouver) for the creation of Pacific Spirit Regional Park.
The UBC is separate from the UEL and has its own governing legislation and administration.
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