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Research and Reports
Gridlock in Washington threatened to bring our nation's economy to a standstill. College administrators worried whether the uncertainties of tax laws or the emphasis on cutting would cause regular
donors or governors and state legislators to trim their spending on higher education. It was not a good time for looking ahead and planning confidently for continued growth in college construction programs.
The number of identified projects listed as being “on hold; awaiting funding decisions” grew exponentially. Under the circumstances, it is not surprising that college construction completed in 2012 — and projected for 2013 — declined from previous years.
Residence halls — or dormitories, as they were once called — used to be places where students could sleep, dress, and study while attending college. They were the simplest of spaces, providing each student a bed, a desk, and a place to keep some clothes. And they were usually the least expensive buildings on campus. Things are different now. Residence halls provide all the comforts of home and, to many students and parents, often more.
Colleges need more and improved space and, as this latest report shows, they are still making a major effort to provide it. In 2011 colleges and universities throughout the United States put more than $11B worth of construction in place, with $8.1B of that going to entirely new buildings. Learn about this and more in College Planning & Management's annual college construction report.
The median residence hall reported this year houses 428 students, cost $33M, and encompasses 131,782 sq. ft. Cost per student rose to $78,153 (compared to $69,502 a year ago). Cost per square foot was also up to $201.10, but that actually is lower than it had been in three of the last four years.
The news is not all bad as college construction exceeds projections in a recovering economy. Learn about this and more in College Planning & Management's annual report on what facilities are being built or renovated on campuses across the country.
The results of current research and our online survey detail the state of campus housing, including ongoing trends and preferences, in this annual report. Construction within the last year was very brisk, and sustainability and amenities continue to gain importance as projects are designed and constructed for a long life.
Campus facilities are still being designed, built, and renovated, albeit at a slower pace this year as the economy moves towards recovery. Learn about this and more in College Planning & Management's annual report on what facilities are being built or renovated on campuses across the country.
The cost of residence hall construction, along with the size of the facilities themselves, has fallen slightly this year. This information and more on current and predicted trends in residence facilities and the amenities they contain, gathered from the results of our 2009 college housing survey, are provided in this special report.
The current economic woes are having an impact on college and university construction, yet facilities are still being designed, built, and renovated. Learn about this and more in College Planning & Management's annual report on what facilities are being built or renovated on campuses across the country.
The cost of residence hall construction continues to rise, independent of facility size or location. This information and more on current and predicted trends in residence facilities and the amenities they contain, gathered from the results of our 2008 college housing survey, are provided in this special report.
College construction increased significantly during the first six years of the 21st century, going from under $10B in 2001 to more than $15B in 2006. Learn about this, and more in College Planning & Management's annual report on what facilities are being built or renovated on campuses across the country.
The ups and downs of college housing construction indicate that the costs per square foot and per bed are up, but the size of the projects and space per bed are down. This information and more on current and predicted trends gathered from the results of our 2007 college housing survey are provided in this special report.
In 2006, colleges in the United States put over $15 billion worth of construction in place, a 260-percent increase over what was spent in 1997. And there appears to be no end in sight. College Planning & Management's 12th annual construction report provides information on what facilities are being built, where they are, and how much they cost, on campuses across the country.
None of the cataclysmic natural events of 2005 had any appreciable effect on college construction completed within the calendar year. Completed construction totaled more than $14.5 billion. Projections for future construction indicate that it will keep expanding, and certainly the storms of the last year will exact a price.
The amount of money spent on construction on college campuses throughout the United States has been increasing rapidly. In 1995, all college construction totaled just $6.1 billion. In 2002 and 2003, colleges spent almost twice as much, almost $11 billion each year. That spending in 2004 was significantly more - $13.7 billion.
New facilities, additions and renovations to existing buildings - college construction continues to grow, totaling over $11 billion for the second consecutive year. And it looks like that trend will continue, as it is projected to climb to as much as $11.4 billion in 2004. Learn about this and more in College Planning & Management's annual college construction report.
College construction reached an all-time high in 2002: $11 billion. Indications are that colleges will be doing at least that much construction in the years to come. About 36 percent of that number is going into fixing up and adding to existing structures. Learn about this and more in College Planning & Management's annual college construction report.
More than $11 billion worth of college and university construction projects is expected to be completed and another $11 billion is expected to be started in 2002. Of the $11 billion being completed, just $6.6 billion is being invested in new structures; the rest is earmarked for renovating and expanding existing facilities. Learn about this and more in College Planning & Management's annual college construction report.
More than $8 billion is being spent this year to complete college and university construction projects. Interestingly, more and more of those dollars are going toward renovating existing facilities. The CP&M Construction Report provides information on expenditures for new construction, additions and retrofits in the U.S. It addition, it provides regional and national medians and a profile of what these new spaces will provide.
College construction in the United States has been rolling along at a relatively steady pace through the last five years, with construction put in place ranging from a low of $5.8 billion in 1997 to a high of $6.8 billion in 1999. It does, however, appear to be picking up a little steam with colleges projecting as much as $7.2 billion of completed building projects this year. Another $7.25 billion is expected to start during the year 2000.
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