ACUHOI Construction Renovation Survey 2006 Report of Findings

ACUHO-I Construction & Renovation Survey 2006 Report of Findings Jim Day, University of Georgia Ray Thompson, Partner, MGT Cynthia Parish Balogh, Principal, MGT June 25, 2006 1

Introduction u History of the Survey – Jim Grimm u ACUHO-I u Project and MGT Collaboration Goals and Objectives ä Establish a national data set that is reliable and useful for institutional planning • To provide information that CHOs want and need • To create a user-friendly electronic survey • To produce an easily accessible report 2

Purpose of Presentation u Share results from the 2006 survey of 276 colleges and universities u Increase awareness and familiarity with this on-going ACUHO-I project u Facilitate discussion among CHOs concerning construction/renovation issues 3

Survey Instrument u Section A: Institutional Characteristics u Section B: Facilities Planning Initiatives u Section C: New Construction Projects u Section D: Renovation Projects u Section E: Survey Feedback 4

Survey Results 5

Responding Institutions u 276 Respondents ~ 38% Response Rate u 97% 4 -Year, 3% 2 -Year Institutions u 63% Public, 35% Private, <2% Other 6

Construction or Renovation Completed Winter 2004 through Fall 2005 7

Planning to Initiate Construction or Renovation Project in Next 5 Years 8

Institution Has a Campus Master Plan That Includes Housing 9

Institution Has a Separate Housing Master Plan 10

New Construction Findings 59 Institutions Reporting 65 New Construction Projects 11

Type of Living Units 12

Number of Projects by Percent of Units Configured as Single Occupancy Bedroom u Nearly ½ of new projects were configured with 75% or more single occupancy bedrooms u A little more than 20% of new projects had no single occupancy bedrooms 13

Number of Projects by Percent of Units Configured as Double Occupancy Bedroom u Nearly ¼ of new projects were configured with 75% or more double occupancy bedrooms u More than ½ of new projects had no double occupancy bedrooms 14

Types of Space & Amenities in Facility Top Responses Laundry 80. 1% Staff Office(s) 80. 1% Staff Apartment(s) Lobby Elevator(s) Electronic Security System Central lounge 72. 3% 70. 8% 69. 2% Kitchen(s) 63. 1% 15

Types of Amenities in Unit Top Responses Telephone Outlet 95. 4% Internet Access 92. 3% Cable TV Furniture Air Conditioning Individual Temperature Control Carpeting 92. 3% 89. 2% 87. 7% 86. 2% Refrigerator 72. 3% 78. 5% 16

Project Cost Per GSF By Type of Unit (2006 Survey) Sample Sizes: Adjoining Suites: n = 3, Super Suites: n = 8, Apartments: n = 24 17

Construction Cost Per GSF By Type of Unit (2006 Survey) Sample Sizes: Adjoining Suites: n = 3, Super Suites: n = 6, Apartments: n = 23 18

Comparison of Project Cost Per GSF to 2003 -04 Survey 19

Comparison of Construction Cost Per GSF to 2003 -04 Survey 20

RS Means Median Cost Per GSF Estimates 2000 -2006 21

RS Means Costs Per GSF % Change 2000 - 2006 22

Project Cost Per GSF Adjoining Suites Sample sizes: NEACUHO: n = 1, SEAHO: n = 1, AIMHO: n = 1 23

Construction Cost Per GSF Adjoining Suites Sample sizes: , NEACUHO: n = 1, SEAHO: n = 1, AIMHO: n = 1 24

Project Cost Per GSF Super Suites Sample sizes: NEACUHO: n = 2, GLACUHO: n = 1, UMR-ACUHO: n = 1, NWACUHO: n = 2, SEAHO: n = 1, SWACUHO: n = 1 25

Construction Cost Per GSF Super Suites Sample sizes: NEACUHO: n = 2, SWACUHO: n = 1, NWACUHO: n = 1, UMR-ACUHO: n = 1, SEAHO: n = 1. The GLACUHO institution reported $15 construction cost/GSF – based on the data from other regions, it has been 26 determined that this region is an outlier and is not used in this chart.

Project Cost Per GSF Apartments Sample sizes: NEACUHO = 4, GLACUHO: n = 2, WACUHO = 5, MACUHO = 1, NWACUHO: n = 1, SEAHO: n = 8, SWACUHO: n = 2, UMR-ACUHO: n = 1 One additional SEAHO institution reported $1. 31 construction cost/GSF – based on the data from other regions, it has been determined that this region is an outlier and is not used in this chart. 27

Construction Cost Per GSF Apartments Sample sizes: NEACUHO = 4, GLACUHO: n = 2, WACUHO = 4, MACUHO = 1, NWACUHO: n= 1, UMR-ACUHO: n = 1, SEAHO: n = 8, SWACUHO: n = 2 28

LEED Certification for Project 29

Reason Facility Was Built Meet demand for additional beds (83%) Meet the needs and interests of students (71%) Increase the variety of housing options (59%) Increase percent of undergrads housed (55%) Keep pace with enrollment growth (45%) Provide higher levels of privacy (45%) Replace outdated facilities (34%) Primary Reason: Meet demand for additional beds (38%) 30

New Facility Ownership 31

Management of New Facility 32

Management of Foundation-Owned Facility (only) 33

Project Primary Funding Mechanism 34

If Debt Financed, Who Is Responsible For Debt? 35

Renovation Findings 86 Institutions Reporting 193 Renovation Projects 54 Rehabilitation or Modified Rehabilitation Projects 36

Extent of Renovation (all institutions) 37

Type of Living Unit (Rehab/Modified Rehab) 38

Project Cost Per GSF By Region (Rehab/Modified Rehab) Sample sizes: NWACUHO: n = 3, MACUHO: n = 7, UMR-ACUHO: n = 2, WACUHO: n = 5, NEACUHO: n = 8, SEAHO: n = 8, GLACUHO: n = 5, AIMHO: n = 1, SWACUHO: n = 1 39

Construction Cost Per GSF By Region (Rehab/Modified Rehab) Sample sizes: NWACUHO: n = 3, MACUHO: n = 7, UMR-ACUHO: n = 2, SEAHO: n = 8, NEACUHO: n = 8, GLACUHO: n = 5, WACUHO: n = 5, AIMHO: n = 1, SWACUHO: n = 1 40

Reason for Renovation (Rehab/Modified Rehab) Update facilities (93%) Meet the needs and interests of students (65%) Other reasons (24%) Provide higher levels of privacy (20%) Increase the variety of housing options (19%) Accommodate academic or special programs (19%) Meet the demand for additional beds (17%) Primary Reason: Update facilities (63%) 41

Method of Project Funding (Rehab/Modified Rehab) No respondents indicated using taxable revenue bonds, a bank loan, donor funds, or a private developer to finance their rehab projects. 42

If Debt Financed, Who is Responsible for Debt? (Rehab/Modified Rehab) 43

Project Includes Rental Rate Increase (Rehab/Modified Rehab) 44

Discussion & Questions 45

Discussion u Issues for Other Campuses u Barriers to Construction & Renovation u Innovative Ideas 46