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#3 Enhanced facility optimization solutions that improve
operational efficiency, especially in deferred maintenance,
increase productivity and reduce costs.
Public-Private Partnerships for Mixed-Use Development
• Partner with private developers to create mixed-use spaces combining retail, residential living, and
Facilities New Business Models to Secure Financial Sustainability at academic facilities.
Small Institutions • Collaborate with private housing developers to renovate older residential facilities into modern,
attractive student apartments or suites.
New Construction, P3, Renovation, Academic Buildings, Rental
Space, incubator Space Creative Productions and Media Facilities
P3 (DSU, NCCU – Residential Facilities) +$70 m • Offer campus facilities (buildings, grounds, classrooms, historic architecture) to film studios,
production companies, and photographers for commercial, educational, or creative projects.
• Create specialized studios available for rent to local media, content creators, and community
groups, fostering media literacy and generating revenue.
New Construction (BioTech, Nursing, Residential, Incubator
Space, Mixed Space) Claflin, FAMU ($250m)
Revenue Generation from Facility Rentals
Renovation (Residential Facilities, Deferred Maintenance,) • Convert underutilized lecture halls, auditoriums, or conference rooms into rentable event spaces
FAMU, Claflin, NCCU (% of Revenue) + $60 m for professional conferences, corporate retreats, weddings, and community gatherings.
• Utilize residential halls and apartments during summer or off-peak periods for camps, professional
retreats, or short-term lodging (e.g., Airbnb-style rentals for visitors and alumni events)
Rental Space to a High School (SUNO) MOU
Business Incubators and Innovation Hubs
Rental of Residential to Dillard (SUNO)
• Establish dedicated incubator spaces for entrepreneurs, startups, and small businesses, providing
facilities, networking opportunities, mentorship, and access to university research resources.
Mix space (Incubator Space 1 floor, Apartments 2 floor, and • Host lab or office spaces for industry partners, facilitating joint research initiatives, internships,
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Event Space (roof top) Claflin applied learning, and workforce development programs.
• Transform portions of residential or campus buildings into healthcare and wellness centers,
partnering with local hospitals or healthcare providers.
Strategic Investment Fund ($1 m) DSU, FAMU
• Pilot innovative technologies (IoT devices, AI-driven security systems, energy monitoring) through
partnerships with tech companies, enhancing operational efficiency and campus safety.
New Market Tax Credits $5 m, Claflin
