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0 Renovation Innovations Jim Day, Consultant, MGT Cynthia Parish Balogh, Principal, MGT Mark Cunningham, UC – San Diego Bob Huss, Oklahoma State University.

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Presentation on theme: "0 Renovation Innovations Jim Day, Consultant, MGT Cynthia Parish Balogh, Principal, MGT Mark Cunningham, UC – San Diego Bob Huss, Oklahoma State University."— Presentation transcript:

1 0 Renovation Innovations Jim Day, Consultant, MGT Cynthia Parish Balogh, Principal, MGT Mark Cunningham, UC – San Diego Bob Huss, Oklahoma State University Jim Dolak, Colorado State University July 9, 2007

2 1 u History of ACUHO-I Construction and Renovation Survey – Jim Grimm u ACUHO-I and MGT Collaboration u Project Goals and Objectives  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 Introduction

3 2 u Share results related to renovations from the 2006 survey u Promote participation in 2008 survey u Present 3 varied case studies u Facilitate discussion among CHOs concerning renovation issues Purpose of Presentation

4 3 Survey Results

5 4 u 276 Respondents ~ 38% Response Rate u 97% 4-Year, 3% 2-Year Institutions u 63% Public, 35% Private, <2% Other Responding Institutions

6 5 Construction or Renovation Completed Winter 2004 through Fall 2005

7 6 Planning to Initiate Construction or Renovation Project in Next 5 Years

8 7 Renovation Findings 86 Institutions Reporting 193 Renovation Projects 54 Rehabilitation or Modified Rehabilitation Projects

9 8 Extent of Renovation (all institutions)

10 9 Type of Living Unit (Rehab/Modified Rehab)

11 10 Reason for Renovation (Rehab/Modified Rehab) uUpdate facilities (93%) uMeet the needs and interests of students (65%) uOther reasons (24%) uProvide higher levels of privacy (20%) uIncrease the variety of housing options (19%) uAccommodate academic or special programs (19%) uMeet the demand for additional beds (17%) Primary Reason: uUpdate facilities (63%)

12 11 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.

13 12 If Debt Financed, Who is Responsible for Debt ? (Rehab/Modified Rehab)

14 13 Project Includes Rental Rate Increase (Rehab/Modified Rehab)

15 14 Discussion & Questions


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