Chicago State University

Chicago,

New Campus Feasibility Study

Chicago State University retained B&D in 2012 to conduct a feasibility study for a proposed second campus on Chicago’s west side. Our scope of work included an assessment of enrollment and student caliber data and the development of enrollment projections. We also proposed academic offerings which, combined with student enrollment projections, led to the development of a building program. Preliminary cost estimates were created to inform the capital budget for the project, along with a pro forma operating budget with all potential revenues and expenses. We also conducted a survey of local high school counselors and principals to gather feedback and gauge potential interest in the proposed campus. Research was performed on the local job market, both present and future, to ensure that the academic programs proposed aligned with employment opportunities. In addition, a highly customized campus-wide financial model was prepared that described the relationships between various operating expenses and revenues to project the net operating income of the new campus.

PLANNING A SATELLITE CAMPUS THAT DELIVERS MARKET-RESPONSIVE EDUCATION IN UNDER-SERVED AREAS

Presented by Greg Wachalski, Ryan Jensen, Angela Henderson, and Lisa Macklin at the 2016 SCUP Annual Conference.

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PLANNING A SATELLITE CAMPUS AS A STRATEGY TO ENGAGE BROADER COMMUNITY

Presented by Ryan Jensen and Andreas Safakas at the 2016 International Town & Gown Association Annual Conference.

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