Breaking down the true costs of new campus space
The overall cost of ownership for every thousand square feet added to campus
Higher education is a space-hungry industry: Even accounting for enrollment growth, the average amount of institutional net assignable square feet per student has increased by 110% from 1973 to 2023. This growth has real impact on institutional financial health, not only during the construction but over the entire lifetime of use. Below, EAB unpacks the total cost of ownership paid by colleges and universities for adding different types of space onto campus.
Use the infographic to educate campus stakeholders on the lifetime costs of ownership for new facilities beyond initial construction costs.
More Resources
The Higher Education Leader’s Guide to Real Estate Optimization
Cost Containment Playbook: 130+ Tactics for Immediate Cost Savings in Higher Ed
