From hidden assets to revenue generators: Mining your campus for untapped space value

Higher education institutions are sitting on millions of dollars in underutilized space—this presentation reveals methods to find it and monetize it. Tyler Patrick walks through campus utilization study methodologies that quantify current space performance and identify optimization opportunities. Using a University of Arizona case study, he delivers actionable strategies for aligning deferred maintenance investments with programmatic needs to create dual-purpose capital projects that maximize ROI. He shares policy frameworks that reduce space demand through efficiency standards and cross-departmental sharing models. He outlines phased implementation roadmaps that unlock renovation potential without new construction, addressing enrollment pressures and budget constraints while generating capacity for revenue-driving programs and strategic initiatives.