David Houck

Universities strive to deliver high-tech, experience-driven campuses amid cost pressures

JLL’s 2018 Higher Education Outlook reveals five trends set to shape real estate and facilities for U.S. colleges and universities.

Competition Among Top Universities Heats Up; Cool Campus Real Estate Matters

By David Houck, Managing Director and Leader of Higher Education group, JLL Wide-eyed college freshmen flood the quads and dormitories of universities across the country with the expectation of high-tech classrooms, libraries, lounges, gymnasiums and residences. But as federal and state budgets remain tight and public pressure to curb skyrocketing tuition costs builds, universities are hard-pressed to meet the great expectations of their students and faculty with fewer resources. Adding to the challenge, many institutions lack the financial resources required to make even the most basic repairs and updates to their aging facilities and infrastructure. To fill the gap, many…