College campuses find new ways to save money amid pandemic
JLL helped Lone Star College optimize its facilities portfolio and drive savings in 2020.
CHICAGO, Jan. 13, 2021 – From simple fixes like upgrading lightbulbs to harnessing new technologies across a campus, an integrated approach to facilities management can unlock savings while ensuring vibrant campus experiences. Lone Star College, a public community college system in greater Houston, has made major cost reductions since partnering with integrated facilities management (IFM) partner, JLL on roughly 1.8 million square feet of campus property.
“Higher Education is just one of the many industries hard hit by the pandemic and fortifying financial stability in the face of rising operational expenses requires creatives strategies,” said Kevin Wayer, President of Public Sector and Higher Education. “Fortunately, campus facilities offer a bright spot for revenue optimization, with a little help from a reputable partner. It comes down to leveraging your facilities in new ways that support your bottom line today and tomorrow.”
Lone Star College’s recent real estate cost reductions come from two campuses JLL oversees IFM custodial, and landscaping services for, including Houston North and University Park.
“From predictive analytics to preventative maintenance, our team continuously seeks out opportunities to drive savings for Lone Star College, while also supporting a safe and vibrant atmosphere,” said Ron Gregory, Executive Vice President North America, JLL Higher Education. “We’re proud to help Lone Star College become more efficient and its people more productive so they can stay focused on their core mission.”
Each campus consists of the following properties:
- Greenspoint Center
- Fairbanks Center
- Building 11
- Conference Center Commons
- Conference Center Parking Garage
- Visitor Center
- Building 9
- Building 10
- Parking Garage 9
- Lone Star College Transportation Institute
JLL helps campuses across the country uncover cost savings through IFM. Deferred maintenance is just one example of how costs can rapidly spiral if maintenance issues are not addressed on any college or university campus. Whether it’s postponing repairs to a roof or a HVAC system, the potential for expensive emergency repairs increases if overlooked.
“Nobody knows your buildings better than your facility managers. They offer an unparalleled perspective in planning discussions,” said Wayer. “A strategic IFM partner can offer valuable input for resourceful operations, and in turn, campuses are afforded improved resiliency, increased energy conservation, enhanced sustainability, and stronger security and digital connectivity.”
For more information on JLL’s Higher Education industry practice, please visit: us.jll.com/highereducation.
JLL (NYSE: JLL) is a leading professional services firm that specializes in real estate and investment management. JLL shapes the future of real estate for a better world by using the most advanced technology to create rewarding opportunities, amazing spaces and sustainable real estate solutions for our clients, our people and our communities. JLL is a Fortune 500 company with annual revenue of $18.0 billion in 2019, operations in over 80 countries and a global workforce of over 92,000 as of September 30, 2020. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com.