Carter Awarded Three New Higher Education Projects

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Program/project management group continues to provide services to colleges in region

ATLANTA (April 17, 2013) – Carter, one of the nation’s leading real estate investment, development and advisory firms, has been selected to provide program/project management services for three colleges in Georgia — Agnes Scott College, Berry College and Spelman College. The company will provide a range of services including design and construction management, site selection, and furniture, fixtures and equipment coordination.

“There continues to be a strong demand for traditional program management services within the higher-education sector,” said John Jokerst, senior vice president of development at Carter. “With ever-changing and evolving project types, as well as the shift in how higher education projects are funded, Carter’s ability to adapt to changes and provide the same level of service to our clients enables us to maintain our trusted partnerships with these institutions. In fact, 80 percent of our higher education clients are repeat clients, including the three named here.”

At Agnes Scott College in Decatur, Ga., Carter has been selected to provide program management to guide the design and construction for the renovation of Campbell Hall, a four-story former science building. The 51,450-square-foot building will be transformed into an innovative living and learning center, which will include student housing, academic classrooms and collaborative meeting spaces. Carter has partnered with Agnes Scott for more than 15 years, managing more than $150 million in capital improvements and delivering every project on schedule and under budget.

For Berry College in Rome, Ga., Carter is currently working on project management for the renovation of the Richards Memorial Gymnasium, which will include offices for Berry College athletic teams, a 4,000-square-foot weight room, a 3,000-square-foot locker room, grass practice fields and an indoor practice/training facility. Carter has also been working with Berry on an athletic stadium for its new NCAA Division III football program. Carter has provided program/project management services for several different kinds of projects at the college, including student housing, a student recreation center, dining and academic facilities.

In Atlanta, Spelman College selected Carter as a program manager to oversee the redevelopment of the 53,000-square-foot Read Hall into a wellness center. The program is part of Spelman’s Wellness Revolution and includes a new gymnasium, four-lane swimming pool, wellness classroom and teaching kitchen, multipurpose rooms for fitness activities, an indoor track, lockers and administrative offices. Additionally, Carter guided the college in the selection of the design and construction team and is managing the project delivery process. The new facility is slated for completion in 2015. Carter also provided program management services for the renovation of Laura Spelman Rockefeller Hall, a mixed-use residential and academic facility on the campus that was completed last year.

“Carter continues to prove its long-term commitment to providing project/program management services that deliver the highest-quality projects for our clients,” said Carter President Scott Taylor. “Additionally, our higher-education group boasts an immense portfolio, including everything from multi-facility capital improvement programs in excess of $100 million to single building renovations and restorations.”

Carter’s higher-education group has managed over $2.5 billion in new projects and capital improvements on more than 70 projects at 30 different campuses.

About Carter

Carter is one of the country’s leading real estate investment, development and advisory firms with landmark mixed-use, multi-family, and student housing projects under construction around the country. The company, founded in 1958, is headquartered in Atlanta and has a proud history of leading visionary and bold real estate developments that have improved communities and created value for its clients. Today, Carter draws on its history, experience and creativity as the company develops projects, seeks new investment opportunities and advises clients as they make key real estate choices. Specifically Carter focuses on the development of mixed-use and multi-family project in urban infill locations, equity development of student housing, acquisition of opportunistic office properties, project management and strategic consulting. Carter’s high-caliber associates create value for clients using a team-based approach that leverages strong expertise and a deep knowledge base in a wide variety of markets. Carter also focuses on value-add real estate investment opportunities, and over the past decade has invested in more than $750 million. Carter’s asset management division manages more than $2 billion of third-party and Carter-owned assets. Its strategic consulting practice provides clients with customized real estate solutions. Its program/project management group serve as owners’ representatives for higher education, K-12 and corporate assignments. For additional information on Carter, please visit http://www.carterusa.com.

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Tony Wilbert
The Wilbert Group
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