By Steve Collins, president, Community Facility Partners (CFP). Bio below. Public-private partnerships (P3) are becoming a popular approach for public entities to finance social infrastructure projects and complete them within an aggressive timetable. While P3 developments offer unique financial structures that allow the entities to get hard-to-fund projects completed, they can be a bit more …
“With so many higher education public-private partnership (P3) projects underway nationwide, and with so many others being considered, we have heard for years the market is exploding. Is it? And how does this answer change as we look at different school types and other differences?” – National Association of College Auxiliary Services (NACAS) …
Hot Topic: State of the Higher Education P3 Industry (video) Read More »
The Chronicle of Higher Education has released a comprehensive issue brief on P3s in higher ed—written by Scott Carlson and available for purchase on The Chronicle‘s site. “The Outsourced University: How Public-Private Partnerships Can Benefit Your Campus” is meant to serve as a primer: “Whether your goal is to get up to speed on industry trends, consult …
The Outsourced University: How P3s Can Benefit Your Campus Read More »
By Joe Bosch and Dan Froehlich, Senior Vice Presidents at D.A. Davidson & Co., and Terry Gilbride, partner, Hodgson Russ LLP. Bios below. According to the American Association of Community Colleges, 28% of public community colleges in the U.S. offer on-campus student housing. In some states, like New York, this percentage is much higher. …
Financing Student Housing for Community Colleges Read More »
Goldie Blumenstyk wrote “College Leaders Are Getting Serious About Outsourcing. They Still Have Plenty of Concerns, Too” for The Chronicle of Higher Education. The article paints a picture of the “new era of outsourcing” by illustrating some services schools are looking to partner on, quoting survey respondents on reasons they hesitate to partner, and offering an …
By Kendra Chatburn; cover photo courtesy of SmithGroup Universities are finding ways to advance their mission, bring in revenue, and transform their campuses by partnering with companies, investors, and developers in a variety of ways. One such example is the Science, Technology, and Advanced Research (STAR) Campus development at the University of Delaware (UD). …
University of Delaware’s STAR Campus—A Model Innovation Community Read More »
Faculty and staff housing is a hot topic on many campuses. What kinds of schools are providing it? What kinds of schools should provide it? And how are these projects working—how are these projects financed and executed, what are best practices, etc.? We recently sat with Kim Wright to learn more from her 15+ years …
Faculty and Staff Housing: Q&A with Kim Wright on Trends and Partnerships Read More »
By Jessica Rosenberg, Brailsford & Dunlavey This is part 1 of a 2-part series. Part 2, a case study of California State University, Northridge, is available here. Why do some schools build hotels / conference centers when others don’t? And what are the subtle (or not so subtle) differences between all the facilities …
Campus Hotels / Conference Centers: Part 1 – Why, how, trends, and where we go from here Read More »
Last year’s Tax Cuts & Jobs Act (“TCJA”) left open the possibility that a full tax deduction for interest on debt could be in jeopardy. But the IRS recently finalized its guidance, and it preserves a safe harbor for contractors and investors in P3s to deduct the interest. The upside, of course, is that an …
IRS Issues Guidance on Interest Deduction, and It’s Good News for P3 Projects Read More »
By Jim Curtin, AIA, Principal – Campus Environments, Solomon Cordwell Buenz (SCB) As Public-Private Partnerships (“P3”) continue to gain steam on campuses across the country, many of our clients are interested in how this delivery method affects our process as architects and ultimately, the final design for a building. As a firm that works …
Designing for Developers or Universities: What’s the Difference? Read More »
