CoreCivic Investor Presentation Q4 2020
America's Prisons: The Aging Infrastructure Crisis
"There are almost 500 prisons nation wide built between 1980
and 2000 that need major upgrades, repurposing, or
replacement...With the prison infrastructure challenges at an all-
time high, we may be entering the next prison building boom, as
states are being forced to replace their older prisons."
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State Prisons Opened Since 1960
1960-1964 1965-1969 1970-1974 1975-1979 1980-1984 1985-1999 1990-1994 1995-1999 2000-2004 2005-2010 2010-2014 2014-2017
Source: Correctional News, March/April 2018 Publication
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The majority of America's inmates are
housed in facilities that are 25 to 40 years
old
Public prison facilities will typically need to
replace major components of infrastructure
around the 20 year mark
As a result of delayed/deferred
maintenance capital spending, many states
are now facing the expensive
consequences of this neglect
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