An office building 100% made from mass timber has started construction within the Live Oak Bank campus in Wilmington, N.C. The 67,000-sf structure, a joint building venture between the GCs Swinerton and Wilmington-headquartered Monteith Construction, is scheduled for completion in early 2024.
Swinteron’s sister company Timberlab will provide the glulam timber and cross-laminated timber (CLT) fabrications. LS3P designed the four-story building, which is surrounded by trees and located in front of an expanded pond. The building is designed to achieve LEED Silver certification.
Building Four, as this structure is called because it will be the fourth building on the campus, is expected to accommodate more than 200 of the bank’s existing workforce. Previously, Monteith had completed Live Oak Bank’s 30,709-sf FitPark, a fitness and wellness center made from mass timber, steel, concrete and glass, with a 600-space parking garage. LS3P’s Wilmington office designed FitPark.
“Live Oak Bank’s commitment to creating a sustainable, attractive, and intentionally designed campus for our employees continues to be evident in the thoughtful construction and design that Swinerton, Monteith, and LS3P are deploying in Building Four,” said Live Oak Bank’s president Huntley Garriott, in a prepared statement.
All in on mass timber construction
Leveraging Timberlab’s expertise and resources, Swinerton has completed over 20 mass timber projects to date, with 10 more under construction. These include Phase Two of the Joinery, a seven-story mixed-use development in Charlotte with a 1,700-sf mass timber mezzanine level.
Jared Hoeflich, vice president at Swinerton’s Carolinas Division, said that Building Four is the Cape Fear region’s first 100% mass timber project. He explained that mass timber’s growing popularity as a building material is attributable to its lightness relative to steel concrete, its renewability, and its suitability to biophilic design.
On its website, the Port City Daily in Wilmington reports that Live Oak Bank invested $25 million for Building Four’s construction to keep up with the bank’s growth, which has increased to 925 employees today from 95 at its inception in 2012. The bank received $2 million in state and local incentives to expand its campus, under an economic development program called Project Buckeye.
Related Stories
Mass Timber | Jan 30, 2023
Net-positive, mass timber building will promote research on planetary well-being in Barcelona
ZGF Architects, along with Barcelona-based firms MIRAG and Double Twist, have designed a net-positive, mass timber center for research on planetary well-being. Located in Barcelona, the Mercat del Peix Research Center will bring together global experts in the experimental sciences, social sciences, and humanities to address challenges related to the future of the planet.
Mass Timber | Jan 27, 2023
How to set up your next mass timber construction project for success
XL Construction co-founder Dave Beck shares important preconstruction steps for designing and building mass timber buildings.
Mass Timber | Dec 1, 2022
Cross laminated timber market forecast to more than triple by end of decade
Cross laminated timber (CLT) is gaining acceptance as an eco-friendly building material, a trend that will propel its growth through the end of the 2020s. The CLT market is projected to more than triple from $1.11 billion in 2021 to $3.72 billion by 2030, according to a report from Polaris Market Research.
| Sep 13, 2022
California building codes now allow high-rise mass-timber buildings
California recently enacted new building codes that allow for high-rise mass-timber buildings to be constructed in the state.
Mass Timber | Aug 30, 2022
Mass timber construction in 2022: From fringe to mainstream
Two Timberlab executives discuss the market for mass timber construction and their company's marketing and manufacturing strategies. Sam Dicke, Business Development Manager, and Erica Spiritos, Director of Preconstruction, Timberlab, speak with BD+C's John Caulfield.
| Aug 8, 2022
Mass timber and net zero design for higher education and lab buildings
When sourced from sustainably managed forests, the use of wood as a replacement for concrete and steel on larger scale construction projects has myriad economic and environmental benefits that have been thoroughly outlined in everything from academic journals to the pages of Newsweek.
Mass Timber | Jun 29, 2022
Mass timber competition: building to net-zero winning proposals
The 2022 Mass Timber Competition: Building to Net-Zero is a design competition to expand the use of mass timber in the United States by demonstrating its versatility across building types and its ability to reduce the carbon footprint of the built environment.
Mass Timber | Jun 2, 2022
Brooklyn is home to New York City’s first mass timber condo building
In the Brooklyn neighborhood of Park Slope, the newly completed Timber House is New York City’s first mass timber condominium building and its largest mass timber project (by height and square footage).
Mass Timber | May 31, 2022
Tall mass timber buildings number 139 worldwide
An audit of tall mass timber buildings turned up 139 such structures around the world either complete, under construction, or proposed.
Mass Timber | Mar 8, 2022
Heavy timber office and boutique residential building breaks ground in Austin
T3 Eastside, a heavy timber office and boutique residential building, recently broke ground in Austin, Texas.
