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News release

CHICAGO

Spalding University and JLL bring green spaces to urban Louisville

New athletic fields will be Spalding’s latest contribution to the refreshed SoBro neighborhood


CHICAGO, July 31, 2017 – When a university's mission includes community service, green space becomes more than just a place for students to gather. Spalding University is delivering on this mission, partnering with JLL to break ground this fall on an off-campus, outdoor athletics complex which will benefit students and the local community alike.

JLL is managing construction of Spalding's $5.5 million, 7.4-acre complex, in addition to recently signing a five-year facilities management extension with the Louisville, Kentucky-based university. The complex's two soccer fields and softball field, combined with locker, storage and concession facilities, will help Spalding recruit student-athletes. Spalding also anticipates annual savings of $15,000 as a result of not having to rent facilities or travel to distant venues.

The athletic fields serve a larger purpose, too. Located a few blocks from campus, the complex will be open to area high schools and community groups.

"Many of our students are also dedicated athletes, so our outdoor sports venues are critical as a recruitment tool and for enhancing the overall student experience," said Tori Murden McClure, President of Spalding University. "JLL has helped us reduce our facility operating costs and divert budgets to campus enhancements, which in turn allows us to provide much-desired green spaces for the community."

Partnering for a better campus and community

The athletic fields project is the latest in Spalding's greening of Louisville's South of Broadway "SoBro" neighborhood around the university campus. As part of the SoBro development team, JLL has assisted the university in transforming parking lots and vacant buildings into community parks. JLL is currently helping Spalding convert a parking lot a few blocks from campus into the $400,000 Spalding Green community park by planting 100 trees and creating a playing field for youth sports.

Spalding's partnership with JLL began in 2003 when Spalding wanted to maximize use of resources while maintaining high-quality, proactive building services. JLL quickly reduced facility management costs by $100,000 annually and helped Spalding create a long-term capital plan that prioritizes investments and budgets for improvements, resulting in Spalding's five-year contract extension.

JLL also manages Spalding's campus transformation projects. Since 2007, the campus has expanded from 407,124 square feet to 614,510 square feet across nine buildings while doubling its land to more than 23 acres. JLL is currently managing a dormitory renovation, HVAC upgrade in a historic building and construction of Spalding's new 2,000-square-foot welcome center, on schedule for fall 2017 completion.

"Spalding's footprint has grown significantly over the years, but the facility management budget has not," said Kevin Weber, Manager, Facilities Team, JLL. "What began as a stopgap measure for Spalding has blossomed into a creative, cost-effective, long-term partnership benefiting both the university and surrounding community."

To learn more about how JLL has helped Spalding save $100,000 annually and achieve its ambitions, download the full report.

JLL is a leader in helping colleges and universities uncover innovative solutions to address their biggest challenges and achieve financial and recruitment goals. JLL has experience in everything from securing private-public partnerships, to financing development projects that produce revenue, to reducing operating costs through outsourced facility management. For more information, visit www.jll.com/highereducation.

About Spalding University
Spalding offers a nurturing-yet-rigorous education for traditional-age students, adult learners and graduate students. Spalding offers a full campus-life program with a generous selection of extracurricular activities, clubs and organizations including NCAA D-III athletics. Engaged faculty serve Spalding's more than 2,200 students at the bachelor, master and doctoral levels, offering quality education in liberal and professional studies.

About JLL
JLL (NYSE: JLL) is a leading professional services firm that specializes in real estate and investment management. A Fortune 500 company, JLL helps real estate owners, occupiers and investors achieve their business ambitions. In 2016, JLL had revenue of $6.8 billion and fee revenue of $5.8 billion and, on behalf of clients, managed 4.4 billion square feet, or 409 million square meters, and completed sales acquisitions and finance transactions of approximately $136 billion. At the end of the first quarter of 2017, JLL had nearly 300 corporate offices, operations in over 80 countries and a global workforce of more than 78,000. As of March 31, 2017, LaSalle Investment Management had $58.0 billion of real estate under asset management. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit www.jll.com