{"id":31139,"date":"2025-07-01T06:17:19","date_gmt":"2025-07-01T13:17:19","guid":{"rendered":"https:\/\/essential.construction\/news\/yale-pauses-10-projects-as-funding-worries-grow\/"},"modified":"2025-07-01T06:17:19","modified_gmt":"2025-07-01T13:17:19","slug":"yale-pauses-10-projects-as-funding-worries-grow","status":"publish","type":"post","link":"https:\/\/essential.construction\/news\/yale-pauses-10-projects-as-funding-worries-grow\/","title":{"rendered":"Yale pauses 10 projects as funding worries grow"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div>\n<div class=\"text-to-speech\">\n    <button class=\"text-to-speech__button button\"><\/p>\n<p>            <img decoding=\"async\" class=\"text-to-speech__button__icon\" src=\"https:\/\/www.constructiondive.com\/static\/images\/audio_icon.svg?482016190122\" alt=\"-\"><\/p>\n<p>        Listen to the article<br \/>\n        <span class=\"text-to-speech__button__audio-length\">3 min<\/span><br \/>\n    <\/button><\/p>\n<div class=\"text-to-speech__controls\">\n        <audio controls=\"\" class=\"js-text-to-speech\" preload=\"none\"><source src=\"https:\/\/res.cloudinary.com\/dmgi9movl\/video\/upload\/q_1\/v1751293525\/news\/text_to_speech\/university-construction-slowdown-federal-funding_gmk9xs.wav\" type=\"audio\/mp3\"><\/source><\/audio><\/p>\n<div class=\"text-to-speech__controls__text\">\n            This audio is auto-generated. Please let us know if you have <a rel=\"nofollow noopener\" href=\"https:\/\/www.constructiondive.com\/contact\/\" target=\"_blank\">feedback<\/a>.\n        <\/div>\n<\/p><\/div>\n<\/div>\n<h3>Dive Brief:<\/h3>\n<ul>\n<li><span><span><span><span><span><span>Yale University has paused <\/span><\/span><\/span><\/span><\/span><\/span><a rel=\"nofollow noopener\" href=\"https:\/\/www.nhregister.com\/business\/article\/ct-yale-new-haven-business-construction-projects-20358517.php\" target=\"_blank\"><span><span><span><span><span><span><span>10 construction projects<\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/a><span><span><span><span><span><span> due to uncertainty around federal funding, a university official said during a recent real estate forecast panel, according to the New Haven Register.<\/span><\/span><\/span><\/span><\/span><\/span><\/li>\n<li><span><span><span><span><span><span>Construction delays on college campuses have become more common amid rising costs, enrollment shifts and stalled federal research and infrastructure funding, Christopher Fields, senior vice president at Turner &amp; Townsend Heery, an Atlanta-based engineering and construction services firm, told Construction Dive.<\/span><\/span><\/span><\/span><\/span><\/span><\/li>\n<li><span><span><span><span><span><span>Universities are now increasingly reassessing their capital plans due to federal grant uncertainty, proposed endowment tax changes and shifting indirect cost recovery policies, said Krista Trofka, vice president of government and education advisory at JLL, a Chicago-based real estate services firm.<\/span><\/span><\/span><\/span><\/span><\/span><\/li>\n<\/ul>\n<h3>Dive Insight:<\/h3>\n<p><span><span><span><span><span><span>Yale\u2019s construction slowdown signals a growing trend across higher education, where institutions are putting more <\/span><\/span><\/span><\/span><\/span><\/span><a rel=\"nofollow noopener\" href=\"https:\/\/www.constructiondive.com\/news\/private-project-abandonments-record-high\/750100\/\" target=\"_blank\"><span><span><span><span><span><span><span>planned projects on hold<\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/a><span><span><span><span><span><span>.<\/span><\/span><\/span><\/span><\/span><\/span><\/p>\n<p><span><span><span><span><span><span>Institutional starts, which include education and healthcare projects, rose 19% in May, according to Dodge Construction Network. But the growth came mostly from healthcare projects, not universities, said Fields. Year-to-date, <\/span><\/span><\/span><\/span><\/span><\/span><a rel=\"nofollow noopener\" href=\"https:\/\/www.constructiondive.com\/news\/commercial-construction-starts-may-2025\/751413\/\" target=\"_blank\"><span><span><span><span><span><span><span>institutional activity remains down 2%<\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/a><span><span><span><span><span><span>, according to Dodge.<\/span><\/span><\/span><\/span><\/span><\/span><\/p>\n<p><span><span><span><span><span><span>For example, in addition to Yale, the University of North Carolina at Chapel Hill halted construction in May on a <\/span><\/span><\/span><\/span><\/span><\/span><a rel=\"nofollow noopener\" href=\"https:\/\/www.axios.com\/local\/raleigh\/2025\/06\/02\/unc-job-cuts-construction-pause-lab-building-federal-funding\" target=\"_blank\"><span><span><span><span><span><span><span>$228 million research building<\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/a><span><span><span><span><span><span> due to federal funding concerns and grant terminations, Axios reported. In Maryland, officials at Johns Hopkins University decided to <\/span><\/span><\/span><\/span><\/span><\/span><a rel=\"nofollow noopener\" href=\"https:\/\/president.jhu.edu\/messages\/2025\/06\/02\/updates-on-federal-actions-and-budget-planning\/\" target=\"_blank\"><span><span><span><span><span><span><span>reduce capital construction and renovation plans<\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/a><span><span><span><span><span><span> by approximately 10% to 20%, according to a June school statement.<\/span><\/span><\/span><\/span><\/span><\/span><\/p>\n<p><span><span><span><span><span><span>In May, Virginia Gov. Glenn Youngkin also paused over $600 million in funding requests for 10 renovation and expansion projects at public universities in the state, according to the latest state budget bill. The governor wrote in the <\/span><\/span><\/span><\/span><\/span><\/span><a rel=\"nofollow noopener\" href=\"https:\/\/budget.lis.virginia.gov\/amendment\/2025\/1\/HB1600\/Enrolled\/GV\/\" target=\"_blank\"><span><span><span><span><span><span><span>veto letter<\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/a><span><span><span><span><span><span>, \u201cit would not be financially prudent for me to advance these projects to the construction phase with the current risks to our General Fund forecast.\u201d<\/span><\/span><\/span><\/span><\/span><\/span><\/p>\n<p><span><span><span><span><span><span>Those risks, including tariffs, cost volatility and overall labor shortages, have created a more <\/span><\/span><\/span><\/span><\/span><\/span><a rel=\"nofollow noopener\" href=\"https:\/\/www.constructiondive.com\/news\/may-2025-economic-roundup-construction\/750224\/\" target=\"_blank\"><span><span><span><span><span><span><span>cautious environment<\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/a><span><span><span><span><span><span> across higher education construction projects, said Fields.<\/span><\/span><\/span><\/span><\/span><\/span><\/p>\n<p><span><span><span><span><span><span>\u201cFederal funding uncertainty has delayed planning and approvals at research-heavy institutions, prompting more conservative budgeting and a shift toward phased projects or alternative financing,&#8221; said Fields. \u201cMany are increasingly turning to public-private partnerships and donor contributions to bridge funding gaps.\u201d<\/span><\/span><\/span><\/span><\/span><\/span><\/p>\n<p><span><span><span><span><span><span>Institutions that do move forward prioritize projects with clear financial upside and diversified funding sources. That means key academic programs, student housing or mixed-use and leasable spaces, said Trofka.<\/span><\/span><\/span><\/span><\/span><\/span><\/p>\n<p><span><span><span><span><span><span>\u201cContinue forward with projects that enhance an institution\u2019s competitiveness,\u201d said Trofka. \u201cPrioritize those with diversified funding streams, private donations, state funding or private capital, that generate revenue.\u201d<\/span><\/span><\/span><\/span><\/span><\/span><\/p>\n<\/p><\/div>\n<p>[ad_2]<br \/>\n<br \/><a href=\"https:\/\/www.constructiondive.com\/news\/university-construction-slowdown-federal-funding\/751894\/\" rel=\"nofollow noopener\" target=\"_blank\">This article was originally posted at Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] Listen to the article 3 min This audio is auto-generated. Please let us know if you have feedback. Dive &#8230; <a title=\"Yale pauses 10 projects as funding worries grow\" class=\"read-more\" href=\"https:\/\/essential.construction\/news\/yale-pauses-10-projects-as-funding-worries-grow\/\" aria-label=\"Read more about Yale pauses 10 projects as funding worries grow\">Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[457],"tags":[],"class_list":["post-31139","post","type-post","status-publish","format-standard","hentry","category-construction-dive","generate-columns","tablet-grid-50","mobile-grid-100","grid-parent","grid-33"],"_links":{"self":[{"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/posts\/31139","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/comments?post=31139"}],"version-history":[{"count":0,"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/posts\/31139\/revisions"}],"wp:attachment":[{"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/media?parent=31139"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/categories?post=31139"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/tags?post=31139"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}