On the rebound? Optimism for US higher education P3s is up, but closings are down

SAN DIEGO, CA – Optimism on a future P3 pipeline is high – over two dozen universities, colleges and public school systems explored the use of P3s this year, ranging from projects in the student housing area to campus edge development to school bus electrification. In its recent report, 2023 Higher Education Public-Private Partnerships State …

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2023 Higher Ed P3 “State of the Industry” Report (download available)

The full Higher Education P3 2023 “State of the Industry” report is now available for download. The findings, from the firm’s sixth annual survey of P3 transactions focused on housing and housing-anchored mixed-use projects, focuses on deals that achieved financial close during calendar year 2022. In addition, the report highlights the creativity and flexibility exhibited …

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RFQ for TCU P3

FORT WORTH, TX – Texas Christian University has issued a request for qualifications (RFQ) for a private partner to design, build, finance, maintain, and in most cases, operate assets both on campus and along its Berry Street campus edge. On campus, TCU is seeking a partner to deliver two lower-division student housing projects, while along its …

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Higher Ed P3s Heating Up: Several Projects Reach Critical Milestones During Busy Summer Season

William & Mary and University of Nevada, Reno achieve financial close, while RFQs are issued for projects at University of Texas and Cleveland State WASHINGTON, DC – The summer of 2023 is proving to be a busy time for P3s within higher education, as four universities recently reached milestones on their initiatives.   The College of …

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B&D Combines Its Higher Education and Sports Venue Expertise on Groundbreaking University of Tennessee Project

KNOXVILLE, TN – As Tennessee Athletics continues to aggressively pursue its mission of leading the way in college sports, University of Tennessee, Knoxville Vice Chancellor/Director of Athletics Danny White has initiated the exploration of a public-private partnership aimed at the development of a first-in-class entertainment district spanning the Tennessee River waterfront near historic Neyland Stadium. The university has …

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B&D Helps Wentworth Expand Higher Ed Lab Boom

BOSTON, MA – Wentworth Institute of Technology is the latest college set to cash in on Boston’s lab boom in a partnership with private developers. The engineering school is partnering with The Fallon Co., Waldwin Development and The Owens Cos. on a proposed 630,000-square-foot life science and office project at 500 Huntington Ave. The two-building development …

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The University of Tennessee, Knoxville, releases housing RFP

KNOXVILLE, TN – The University of Tennessee, Knoxville, has released a request for proposals (RFP) for its student housing P3 project. Under the plans, private partners will deliver a minimum of 1,200 semi-suite beds across two sites as part of its Campus Core Project to overhaul its accommodation offering. Furthermore, the project could also feature …

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Higher Ed P3 2022 “State of the Industry” Report (download available)

The full Higher Education P3 2022 “State of the Industry” report is available for download. This report highlights Brailsford & Dunlavey’s findings from its fifth annual survey of higher education P3 transactions from 2021. Although the market slowed down in 2020 during the pandemic, 2021 marks a bounce-back year for higher education P3s. This State of …

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University of Wisconsin-Superior seeks developers for mixed-use partnership

SUPERIOR, WI – The University of Wisconsin-Superior is seeking views from project developers or master developers about the potential to become its mixed-use development partner to deliver two schemes under one contract based on the northern and southern areas of its campus. On the north side of campus, the project will involve an eight acre site …

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Eastern Michigan University Turns to the Private Sector

  YPSILANTI, MI – The Board of Regents for Eastern Michigan University (EMU), which already contracts out its dining and parking services, recently approved a 35-year, $200 million agreement with Gilbane Developers that will essentially lease all of EMU’s student housing stock to a private developer for at least the duration of the contract. It’s the …

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