Construction spending hits 10-year low at U. of North Carolina

Thursday, November 14, 2013

UNC is spending the lowest amount of money on construction that it has in 10 years — with the smallest number of projects under construction in 20 years.

Only 10 projects are under construction on campus — at a total value of $311.6 million.

According to a report that UNC’s Facilities Services submitted to the Chapel Hill Town Council in October, the last time the number of projects was that low was in early 1994, when only six projects were under construction.

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