Colleges and universities manage more than 6 billion square feet of campus space in 210,000 buildings nationwide, with a replacement value of $2 trillion and a backlog of urgent capital renewal needs exceeding $112 billion.
The state of campus facilities will define the financial future of higher ed institutions more than any other single factor. Data collected from a thorough assessment of campus conditions should be used to prioritize building portfolio needs and establish a strategic framework for linking today’s investment realities with future campus aspirations.
Readying campus facilities for future students can take the form of renovations, updates or wholesale replacement, with the driver of that decision based in the alignment of available resources with institutional programmatic priorities.
As North America’s leading construction cost database, Gordian’s RSMeans Data has been synonymous with reliability since the 1940s, so you can trust it when budgeting for projects that will transform your campus for students, alumni, professors and staff.
With localized square-foot costs on over 100 building models, Gordian’s RSMeans Data allows architects, engineers and other preconstruction professionals to quickly and accurately create conceptual estimates for future builds. This table shows the most recent costs per square foot for two-story college classrooms in select cities, with sustainable, “green” building considerations.
Visit rsmeans.com/bdandc for more information about Gordian’s RSMeans Data.
|
|
||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Please note: Square foot models are used for planning and budgeting and are not meant for detailed estimates.
Related Stories
Digital Twin | May 24, 2021
Digital twin’s value propositions for the built environment, explained
Ernst & Young’s white paper makes its cases for the technology’s myriad benefits.
Architects | Apr 22, 2021
SmithGroup enters partnership to support architecture programs at three Historically Black universities
The firm is providing instructors and mentors as part of a broader effort to expand the industry’s diversity.
Higher Education | Mar 22, 2021
UC Merced’s completed 2020 Project roughly doubles the campus’ physical capacity
Its new buildings are certified LEED Platinum.
Higher Education | Mar 13, 2021
Changing the ivory tower into the real world
Bowling Green’s new Maurer Center reflects a trend toward business-centric learning experiences.
Market Data | Feb 24, 2021
2021 won’t be a growth year for construction spending, says latest JLL forecast
Predicts second-half improvement toward normalization next year.
Higher Education | Jan 25, 2021
Amid pandemic, college students value on-campus experience
All the students we interviewed were glad that they returned to campus in one form or another.
Giants 400 | Dec 16, 2020
Download a PDF of all 2020 Giants 400 Rankings
This 70-page PDF features AEC firm rankings across 51 building sectors, disciplines, and specialty services.
AEC Tech | Nov 12, 2020
The Weekly show: Nvidia's Omniverse, AI for construction scheduling, COVID-19 signage
BD+C editors speak with experts from ALICE Technologies, Build Group, Hastings Architecture, Nvidia, and Woods Bagot on the November 12 episode of "The Weekly." The episode is available for viewing on demand.
Smart Buildings | Oct 26, 2020
World’s first smart building assessment and rating program released
The SPIRE Smart Building Program will help building owners and operators make better investment decisions, improve tenant satisfaction, and increase asset value.
Higher Education | Oct 14, 2020
Repurposeability: The future of college campuses
With COVID-19 putting additional pressures on budgets and shutting down or restricting campus access, endless campus expansions are even less tenable.
