The Building Owners and Managers Association (BOMA) International has released its latest floor measurement standard for office buildings, BOMA 2024 for Office Buildings – ANSI/BOMA Z65.1-2024.
The updated standard includes many new features, enhancements, and clarifications since the release of the 2017 edition. It is intended exclusively for office buildings, regardless of the nature of the businesses they house. It applies to various commercial, medical, institutional, and life science uses.
The standard can be used for single-tenant, multi-tenant, or multi-building configurations, and is suitable for measuring new, existing, and proposed office buildings. The primary purpose of the BOMA Office Standard is to calculate Rentable Area, a crucial metric in office leasing.
The standard also provides area figures useful for space utilization analysis, valuation, benchmarking, and allocating building expenses across different cost centers.
Related Stories
Market Data | Aug 1, 2023
Nonresidential construction spending increases slightly in June
National nonresidential construction spending increased 0.1% in June, according to an Associated Builders and Contractors analysis of data published today by the U.S. Census Bureau. Spending is up 18% over the past 12 months. On a seasonally adjusted annualized basis, nonresidential spending totaled $1.07 trillion in June.
Office Buildings | Aug 1, 2023
Creating a nurturing environment: The value of a mother’s room in the workplace
Since becoming an architect, Rebecca Martin of Design Collaborative has drawn a mother’s room into numerous projects. But it wasn't until she became a mom that she fully appreciated their importance in the workspace.
Adaptive Reuse | Jul 27, 2023
Number of U.S. adaptive reuse projects jumps to 122,000 from 77,000
The number of adaptive reuse projects in the pipeline grew to a record 122,000 in 2023 from 77,000 registered last year, according to RentCafe’s annual Adaptive Reuse Report. Of the 122,000 apartments currently undergoing conversion, 45,000 are the result of office repurposing, representing 37% of the total, followed by hotels (23% of future projects).
High-rise Construction | Jul 26, 2023
A 33-story Singapore tower aims to reimagine work with restorative, outdoor spaces
Architecture firm NBBJ has unveiled design details for Keppel South Central, a commercial tower in Singapore. The project, which is slated for completion in late 2024, will transform the original Keppel Towers into a 33-story, energy-efficient building that aims to reimagine work by providing restorative spaces and connections to the outdoors.
Multifamily Housing | Jul 25, 2023
San Francisco seeks proposals for adaptive reuse of underutilized downtown office buildings
The City of San Francisco released a Request For Interest to identify office building conversions that city officials could help expedite with zoning changes, regulatory measures, and financial incentives.
Market Data | Jul 24, 2023
Leading economists call for 2% increase in building construction spending in 2024
Following a 19.7% surge in spending for commercial, institutional, and industrial buildings in 2023, leading construction industry economists expect spending growth to come back to earth in 2024, according to the July 2023 AIA Consensus Construction Forecast Panel.
Office Buildings | Jul 24, 2023
A twist on office conversions maximizes leasable space
A recent NELSON Worldwide project is made more suitable for multiple workplace tenants.
Biophilic Design | Jul 20, 2023
Transform your work environment with biophilic design
Lauren Elliott, Director of Interior Design, Design Collaborative, shares various ways biophilic design elements can be incorporated into the office space.
Office Buildings | Jul 20, 2023
The co-worker as the new office amenity
Incentivizing, rather than mandating the return to the office, is the key to bringing back happy employees that want to work from the office. Spaces that are designed and curated for human-centric experiences will attract employees back into the workplace, and in turn, make office buildings thrive once again. Perkins&Will’s Wyatt Frantom offers a macro to micro view of the office market and the impact of employees on the future of work.
Codes and Standards | Jul 19, 2023
Office leasing in major markets by financial services firms rebounds to pre-pandemic norms
Though the pandemic led to reductions in office leasing by financial services firms in gateway markets, a recent report by JLL found a notable leasing resurgence by those firms.