Learning Resources

Abstract: Public-private partnerships—in which public and private sector entities partner to deliver a service or facility for the use of the general public—are spreading in the United States and elsewhere as cash-strapped public entities seek investment funds from private sources. However, it is important not to let immediate challenges and opportunities cause one to lose sight of long-term obligations. In this article, we underscore the importance of taking the long view and share lessons learned regarding finance, planning, and negotiation at institutions that have employed the P3 process. We also offer additional best practices regarding campus master planning to ensure a successful P3 process while maintaining the long-term integrity of the campus.

Abstract: Establishing the need for both academic program and facilities expansion is key to the success of any long-range planning process. Analyzing return on investment (ROI) is a beneficial yet underutilized metric to use in validating those needs. In a time when public funding is decreasing, it is advantageous to develop capital improvement plans that demonstrate how to achieve maximum financial benefits from the investment in major construction and renovation projects. This article demonstrates how a comprehensive master facilities planning process at Central Piedmont Community College in Charlotte, NC, will help persuade county officials to support a $687 million capital campaign resulting in a positive ROI to students, the institution, and the community.

Abstract: “Designing Innovative Campuses For Tomorrow’s Students” explores increasing investment by higher education institutions in new programs and facilities that boost on-campus innovation and entrepreneurship. This trend is a response, in part, to the changing expectations and demands of Millennial and Generation Z students and their future employers. The impact of this movement, though, goes far beyond those constituencies—changing everything from campus housing to the economic development role of higher education institutions. The examples of Clemson University’s Watt Family Innovation Center and the University of Florida’s Infinity Hall are provided to illustrate the scope of influence and success of these changes.