The higher education industry faces an infrastructure backlog of $112.3 billion, according to a study by Gordian Partners and APPA, an association of educational facilities professionals.
Public institutions have a backlog of $76.1 billion, and their private counterparts face a $36.2 billion backlog. Broken down by type, the backlog is as follows:
· Research/Doctoral institutions: $40.8 billion
· Masters institutions: $29.5 billion
· Baccalaureate institutions: $14.3 billion
· Associates institutions (2-year/Community Colleges): $27.7 billion
“The findings of our partnership with Gordian this year continue to validate the need for a shift to integrated strategic planning designed to proactively drive institutional decision-making,” said E. Lander Medlin, executive vice president for APPA. “Without strategic investments or divestments, these numbers will continue to grow. Hence, it is critical we change the very way we do business.”
Colleges and universities should undertake “a reconsideration of the physical footprint and current space utilization, a realignment of renewal investments, and an effort to connect building health with smart technologies, and reimagination of the organizations used to serve higher education,” according to a news release.
Related Stories
Codes and Standards | Jul 5, 2016
State legislature fails to pass law to extend design-build for New York City projects
Would have allowed five city agencies to use alternate delivery method.
Energy | Jun 30, 2016
Energy Department partnership with CoStar Group will study sustainability impact on property valuation
Database will offer rich data set on energy-efficient buildings in the U.S.
Contractors | Jun 30, 2016
Chicago contractor found guilty of fraud on city’s requirement on minority-owned businesses
Alleged to have been sham business in bid to win city public works contract.
Codes and Standards | Jun 29, 2016
OSHA starts evaluation of construction industry noise standards
New studies indicate significant number of construction workers suffer hearing loss.
Seismic Design | Jun 28, 2016
ASTM International updates seismic risk standards
Expected to improve consistency of risk evaluation on commercial real estate transactions.
Codes and Standards | Jun 17, 2016
Feds publish framework for evaluating public-private partnerships
No single factor determines whether a project yields stronger benefit as a P3.
AEC Tech | Jun 17, 2016
Driverless cars could soon start impacting commercial, retail project design
Offsite parking and more space for valet parking lines are among the foreseeable changes.
Codes and Standards | Jun 17, 2016
Bay State moves toward single BIM protocol on state projects
Massport’s guidelines a step forward for integrated BIM initiative.
Multifamily Housing | Jun 14, 2016
San Francisco voters approve tougher affordability requirement on new housing development
Critics charge that the measure may backfire and actually reduce new affordable units.
Concrete | Jun 13, 2016
American Concrete Institute releases new Guide to Shotcrete
Includes information on application procedures, testing.
