Conceptualizing a project and selecting a developer are exciting milestones for universities pursuing a student housing P3 development; yet, what comes after financial close can make or break the success of the project. This panel will delve into the factors that help promote the successful implementation of a development project through the design and construction period and into operations.
Experiences from both universities and developers will be shared to include critical decision points, tips for navigating challenges and key takeaways to help ensure a successful and sustainable partnership.
Specific topics to be addressed will include:
- The differences between delivery models, including Design-Bid-Build, Design-Build and Design-Build-Finance-Maintain, and the resulting implications during the design and construction period.
- Ways universities can use the developer selection process to minimize execution risk after financial close.
- The biggest factors that contribute to a successful design period.
- Challenges the university should be prepared for during the construction period and how best to address them.
- Keys to maintaining a successful partnership during the construction period and into the operational period.