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Construction lags in Higher Education

​​​​Education construction is still in a post-recession slump.​

​It’s hovering at its lowest point in over 15 years, compared to a near full recovery in all other industries.

construction lags in higher education

Reduced state and local funding, as well as limits on tuition increases, present challenges to schools facing deferred maintenance and demand for new facilities.​​

Looking for creative solutions to address these challenges, many schools are turning to Public Private Partnerships (P3s) to achieve development objectives. ​