Construction Reporter
  • Home
  • Services
    • Planroom
    • Printing
    • Project Upload
    • Architects & Owners
    • General Contractors
    • Subcontractors
  • Free Trial
  • Become a Member
  • Magazine
  • News
  • Contact Us
  • About
    • About
    • FAQs
    • Privacy Policy

student housing construction may increase on smaller campuses

6/14/2018

0 Comments

 
Investment in student housing construction projects have been steadily increasing from under $3 billion five years ago to $8 billion last year.

One of the reasons for the continued increase in such housing is the continued increase in college-age students.

According to the National Center for Education Statistics, the number of college age persons in the U.S. is currently pegged at 20.4 million, compared with 6.6 million in 1990.

In response, according to the apartment market data site Axiometrics.com, an average of 48,000 new beds has been constructed in the last four years.

Continuing the trends, developers this year expect to see space built for more than 42,000 beds, a significant increase from 2010 when the total new university and college bed count stood at 24,600 beds.

But, according to Sean Lyons, founding partner of the Chicago-based Triad Real Estate Partners, where the new housing projects will be built is changing. Writing for Forbes.com, Lyons said he us seeing more increased construction on the campuses of smaller liberal arts institutions, otherwise known as Tier 2 schools.

These new projects are marked by two other trends: a substantial increase in foreign investment, and a move to make such properties more diverse.

Industry analysts say such extras as retail space, coffee shops, restaurants, fitness facilities, and even dog parks are becoming regular features of new student housing complexes.

By Garry Boulard
0 Comments

Your comment will be posted after it is approved.


Leave a Reply.

    Get stories like these right to your inbox.
    ​Sign up for our newsletter

    Subscribe

    Archives

    March 2023
    February 2023
    January 2023
    December 2022
    November 2022
    October 2022
    September 2022
    August 2022
    July 2022
    June 2022
    May 2022
    April 2022
    March 2022
    February 2022
    January 2022
    December 2021
    November 2021
    October 2021
    September 2021
    August 2021
    July 2021
    June 2021
    May 2021
    April 2021
    March 2021
    February 2021
    January 2021
    December 2020
    November 2020
    October 2020
    September 2020
    August 2020
    July 2020
    June 2020
    May 2020
    April 2020
    March 2020
    February 2020
    January 2020
    December 2019
    November 2019
    October 2019
    September 2019
    August 2019
    July 2019
    June 2019
    May 2019
    April 2019
    March 2019
    February 2019
    January 2019
    December 2018
    November 2018
    October 2018
    September 2018
    August 2018
    July 2018
    June 2018
    May 2018
    April 2018
    March 2018
    February 2018
    January 2018
    December 2017
    November 2017

    Categories

    All

AFFILIATES

Picture
Picture
Picture
Picture
Picture
Picture
Picture
Picture
Picture
Picture
Picture
Picture
Picture
HOME
PLANS & PRICING
FREE TRIAL
MAGAZINE​
BECOME A MEMBER
PRINTING SERVICES
FAQS
CONTACT
​ABOUT

TIMELY, RELIABLE NEWS SINCE 1949 ​Construction Reporter
​
4901 Mcleod Rd NE STE 200A
Albuquerque NM 87109


​Phone: (505)-243-9793
Toll Free: (877)-292-5793
​Fax: (505)-242-4758

Copyright © 2022 Construction Reporter
User Agreement   Privacy Policy   Archive Policy
  • Home
  • Services
    • Planroom
    • Printing
    • Project Upload
    • Architects & Owners
    • General Contractors
    • Subcontractors
  • Free Trial
  • Become a Member
  • Magazine
  • News
  • Contact Us
  • About
    • About
    • FAQs
    • Privacy Policy