Single Source: Cutting Costs Not Classes

The recession has had an immense impact on nearly all segments of the construction industry. But one New Jersey property developer is providing relief with its cost-effective model for schools, hospitals and other institutions.
 
Based in Gibbsboro, New Jersey, Scarborough Properties developed its single-source model that essentially ensures clients are not responsible for cost overruns.
 
"The budget set at the beginning is the total amount paid," explains Sean Scarborough, president of Scarborough Properties.

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Student Housing a Green Growth Area

 
With virtually every area of the school construction market becoming increasingly environmentally aware, one of the industry’s largest sectors — student housing — is leading the way to LEED certification.
 
In 2000, demand went from just two multi-unit residences on higher-education campuses working towards Leadership in Energy and Environmental Design certification soared to 34 projects in 2005, an

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