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"headline": "Master planning in an age of turbulent change", "subhead": "June 19, 2023",
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"text": "In Tradeline, Todd Griffith and Alex Wing discuss how schools are revisiting design and planning to reflect enrollment, funding, and older spaces"
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How do you measure the value of research? That’s the question many universities are contending with as they rethink and revise their master plans to reflect declining enrollments, a complex funding environment, and the realities of older facilities, amid competition for scarce resources. A fresh approach to space planning and benchmarking can help clarify the possibilities.
Todd Griffith, senior associate at Stantec, cites increased expenses and lost revenue from the COVID-19 pandemic adding up to $183 billion as a source of stress for universities nationwide. Capital spending and operating budgets are dropping, and institutions are facing a demographic “cliff” that will see a significant drop in the number of people of traditional college age starting in 2026.
Read the full article in Tradeline.
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