Project Management

Back to school - Construction and Higher Ed

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• Universities face cost pressures and public funding is declining for R&D space. Universities are focused on increasing efficiencies while providing the needed space upgrades. • Universities are building out classrooms with hoteling stations and open space plans, with a goal of keeping students on campus by increasing their engagement with campus amenities. United States Construction Chart of the week: August 17, 2015 As competition for students heats up, universities are spending on new campus construction $0 $20,000 $40,000 $60,000 $80,000 $100,000 Construction put in place* ($M) Source: JLL Research, BD+C. *Estimated annual rate 2015

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