US Universities in Building Boom

December 21, 2006

US universities are in the midst of a building boom that will extend through 2009, says a Reuters news article released yesterday. Construction is being driven by an enrollment surge from the baby boom echo generation, and growing competition in China and other Asian regions for top scientists. Many universities are building additional dormitories to capture a larger slice of student rental expenditures. Some are going upscale with condominium-style residence halls with private kitchens, and state-of-the-art recreation centres "resembling country clubs." Boston Globe