Grand Canyon University construction projects expected to slow

Screen Shot 2016-05-10 at 8.50.55 AMBy Angela Gonzales | Phoenix Business Journal

Grand Canyon Education Inc. (Nasdaq: LOPE) plans to spend $180 million in construction projects this year, but that number is expected to drop as supply finally catches up with demand.

The Phoenix-based operator of Grand Canyon University spent $49.8 million during the first quarter of 2016.

Grand Canyon University paid $3.4 million for a mobile home park near its Phoenix campus. Click through to see major construction projects on its campus at 33rd Avenue and Camelback Road.

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