Colleges and universities continue to face significant fiscal challenges in the current recession. In response, institutions have identified innovative facilities planning and management strategies that support institutional growth and, in some cases, institutional survival. Strategies explored include deferring capital expenditures and reducing facilities operating costs, increasing facilities utilization, investing in campus sustainability, adapting to information technology, and leveraging the distressed real estate market. The current financial climate has only added urgency to the trend already underway to explore alternative campus development approaches. Indeed, the expectation should be that even more institutions will embrace these innovations and that these new strategies will become institutionalized as an expanded set of campus development planning tools.
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