Universities Don’t Have to Surrender Control With a Public-Private Partnership

Housing, Voices From the Field / By

By Chris Sherwood, Head of Business Development, Lendlease’s Communities business in the US. Bio below.   Facing aging and outdated campus facilities, many colleges and universities are seeking inventive ways to deliver cost-effective, sustainable student housing despite flat or declining appropriations and debt capacity limitations. Public-Private Partnerships (P3s) provide creative, customizable solutions that leverage commercial …

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Thinking Innovatively About Athletics Facilities Partnerships (Part 1)

Innovation Districts, Venues / By

By Andrew Lieber, Assistant Project Manager, Brailsford & Dunlavey. Bio below. This article is Part 1 of a 2-part series. Part 1 is about concept insights; Part 2 is about process insights.   I am not saying anything earth-shattering when I say that collegiate athletics departments of all sizes are financially and/or spatially challenged. Across the …

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The Place We Call Home: The College of Saint Rose’s Win-Win Partnership With the City of Albany

Case Studies, Venues, Voices From the Field / By

By Dennis McDonald, Vice President for Student Affairs, The College of Saint Rose. Bio below.   The College of Saint Rose was eager to find new property to build athletic fields on. Located in the heart of Albany, New York, the College didn’t have its own land for fields. And with no place to call …

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Higher Ed P3 2018 “State of the Industry” Report (download available)

Housing, Mixed-Use, Reports, Trends / By

The full Higher Education P3 2018 “State of the Industry” report is available for download. The report highlights Brailsford & Dunlavey’s findings from an inaugural annual survey of higher education P3 transactions. This initial State of the Industry report focuses on housing and housing-anchored mixed-use projects from B&D’s database [of higher education P3 projects] that …

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P3s: An Innovative Solution for Delivering New University Facilities—Not Just for Student Housing (Part 2 of 2)

Background, Case Studies, Housing, Mixed-Use, Rec Centers, Student Unions, Venues, Voices From the Field / By

By Brian Dugan, Director at Edgemoor Infrastructure & Real Estate. Bio below. This article is Part 2 of a 2-Part series. Part 1 looked at trends and challenges in higher education, and P3s as a tool to address these challenges.   CASE STUDIES One of the common misperceptions is that university public-private partnerships (P3s) are …

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5 Key Takeaways from the P3 Higher Education Summit – Part 2

Trends, Voices From the Field / By

By Eric Iravani, president of P3C Media, and executive director of the P3 Higher Education Summit. Bio below.   This fall, we brought together more than 750 higher education and public-private partnership (“P3”) industry professionals at the annual P3 Higher Education Summit. Professionals from across the country engaged in thoughtful, energetic conversation via multiple days …

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P3s: An Innovative Solution for Delivering New University Facilities—Not Just for Student Housing (Part 1 of 2)

Background, Trends, Voices From the Field / By

By Brian Dugan, Director at Edgemoor Infrastructure & Real Estate. Bio below. This article is Part 1 of a 2-Part series. Part 2 features several case studies in which universities used P3s to deliver and manage facilities.   Higher education is rapidly changing—politically, physically, and especially financially. After states cut funding following the Great Recession, …

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The Student Union P3 Experience at the University of Kansas

Case Studies, Student Unions, Voices From the Field / By

By David Mucci, Director of the KU Memorial Union. Bio below.   In the spring of 2015, the KU Memorial Union was invited to join a $350 million public/private partnership (3P) development that was transforming the University of Kansas (KU) landscape. The Union at KU operates as an auxiliary responsible for dining, retail and student …

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Financing a P3 Using Privately Issued Tax-Exempt Bonds: An Introduction to the New American Approach

Voices From the Field / By

By John Finke, President, Public Facilities Group. Bio below.   The UW Medicine South Lake Union (pictured above) is a $500 Million Multi-Phased Biomedical Research Campus development project that used privately issued tax exempt debt and The New American Approach which is among the most frequently employed Public-Private Partnership (P3) models in the United States. …

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