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Real Estate/Development

Apr. 11, 2015

Universities look to public-private partnerships to build infrastructure

P3s - in which public organizations utilize private development to build much-need infrastructure - are gaining steam in the academic arena, a realm hit hard by state budget cuts.


By Deirdre Newman


Daily Journal Staff Writer


UC Merced has a bold five-year plan: The university intends to double the size of its student body by 2020, and that means adding 2 million square feet of academic, housing, recreation and other on-campus facilities.


Like many universities in California, UC Merced's growth plans were hobbled by a dearth of state funds, so it turned to a real estate development tool growing more popular among oth...

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