Many firms that do office design and construction stayed afloat during the recession with modest projects—fit-outs, renovations, targeted green retrofits. But the sector’s finally heating up.
Commercial Realtors recently reported an increase in annual gross income for the third year in a row (www.BDCnetwork.com/Realtors2013). Jones Lang LaSalle’s latest office forecast pegged more than a dozen metros as being in “a rising phase,” including Austin, Dallas, Boston, Denver, Pittsburgh, Indianapolis, and New York (http://bit.ly/JLLOffice13).
Though speculative projects still lag, corporate HQs and medical office buildings are moving ahead. “The medical office building of the future can accommodate much of what was done in a traditional hospital setting,” says Steve Straus, President of Glumac. “Some of our clients have bold ambitions, including net-zero.”
TOP OFFICE SECTOR ARCHITECTURE FIRMS
2012 Office Revenue ($)1 Gensler $462,700,5002 HOK $128,726,0003 Perkins+Will $107,951,6724 NBBJ $64,002,0005 Stantec $62,500,2366 PageSoutherlandPage $43,190,0007 Heery International $39,443,9318 Kohn Pedersen Fox Associates $38,081,0009 RTKL Associates $37,474,00010 Hammel, Green and Abrahamson $37,307,000
TOP OFFICE SECTOR ENGINEERING FIRMS
2012 Office Revenue ($)1 AECOM Technology Corp. $830,320,0002 Parsons Brinckerhoff $146,400,0003 Jacobs Engineering Group $95,180,0004 Burns & McDonnell $82,020,0005 Thornton Tomasetti $50,861,4676 Michael Baker Jr. $50,720,0007 WSP USA $48,500,1628 Arup $32,355,6079 Buro Happold Consulting Engineers $28,720,00010 AKF Group $26,917,000
TOP OFFICE SECTOR CONSTRUCTION FIRMS
2012 Office Revenue ($)1 Turner Corporation, The $2,195,790,0002 Structure Tone $1,435,332,0003 PCL Construction Enterprises $1,409,212,7274 Clark Group $974,974,0665 Skanska USA $847,106,2426 Balfour Beatty $792,915,5767 Gilbane $690,915,0008 JE Dunn Construction $613,825,5639 James G Davis Construction $575,006,00010 HITT Contracting $535,524,009
On the West Coast, tech firms are creating eye-popping campuses, including NBBJ projects for Amazon (Seattle, 3.3 million sf); Samsung (San Jose, 1.1 million sf, with Arup); and Google (Mountain View, Calif., 1 million sf). Facebook tapped Frank Gehry to design its 420,000-sf Facebook West in Menlo Park, Calif., and Foster + Partners is designing Apple’s 2.8 million-sf, net-zero Campus 2 in Cupertino (to be built by DPR-Skanska.)
Bleeding-edge companies seek the latest in social engineering and sustainability, but they’re not alone in believing that generational and technological trends justify a reboot in office design. “The relevance of ‘the office’ is in question,” says Steve Hart, Director of Interior Design at Heery. “Why are you even in an office? We believe the office needs to help individuals feel connected to the company and support a common sense of purpose.”
Read BD+C's full Giants 300 Report
Related Stories
| Dec 13, 2010
Energy efficiency No. 1 priority for commercial office tenants
Green building initiatives are a key influencer when tenants decide to sign a commercial real estate lease, according to a survey by GE Capital Real Estate. The survey, which was conducted over the past year and included more than 2,220 office tenants in the U.S., Canada, France, Germany, Sweden, the UK, Spain, and Japan, shows that energy efficiency remains the No. 1 priority in most countries. Also ranking near the top: waste reduction programs and indoor air.
| Dec 7, 2010
Are green building RFPs more important than contracts?
The Request for Proposal (RFP) process is key to managing a successful LEED project, according to Green Building Law Update. While most people think a contract is the key element to a successful construction project, successfully managing a LEED project requires a clear RFP that addresses many of the problems that can lead to litigation.
| Dec 7, 2010
Blue is the future of green design
Blue design creates places that are not just neutral, but actually add back to the world and is the future of sustainable design and architecture, according to an interview with Paul Eagle, managing director of Perkins+Will, New York; and Janice Barnes, principal at the firm and global discipline leader for planning and strategies.
| Dec 7, 2010
Green building thrives in shaky economy
Green building’s momentum hasn’t been stopped by the economic recession and will keep speeding through the recovery, while at the same time building owners are looking to go green more for economic reasons than environmental ones. Green building has grown 50% in the past two years; total construction starts have shrunk 26% over the same time period, according to “Green Outlook 2011” report. The green-building sector is expected to nearly triple by 2015, representing as much as $145 billion in new construction activity.
| Dec 7, 2010
USGBC: Wood-certification benchmarks fail to pass
The proposed Forest Certification Benchmark to determine when wood-certification groups would have their certification qualify for points in the LEED rating systemdid not pass the USGBC member ballot. As a result, the Certified Wood credit in LEED will remain as it is currently written. To date, only wood certified by the Forest Stewardship Council qualifies for a point in the LEED, while other organizations, such as the Sustainable Forestry Initiative, the Canadian Standards Association, and the American Tree Farm System, are excluded.
| Dec 7, 2010
Prospects for multifamily sector improve greatly
The multifamily sector is showing signs of a real recovery, with nearly 22,000 new apartment units delivered to the market. Net absorption in the third quarter surged by 94,000 units, dropping the national vacancy rate from 7.8% to 7.1%, one of the largest quarterly drops on record, and rents increased for the second quarter in a row.
| Dec 7, 2010
Hot rumor: Norman Foster designing Apple’s new campus
Lord Norman Foster, reportedly has been selected to design Apple’s new campus in Cupertino, Calif. If the news is true, Foster is a good match for Apple say experts. Foster built his celebrity by marrying big gestures to technological wizardry. And, unlike some starchitects, he has glommed onto the environmental revolution—something Apple has made a point of embracing, too.
| Dec 7, 2010
10 megacities of the near future
With Beijing, Shanghai, and Mumbai already on the global radar, where can the next wave of construction be found? Far beyond China, India, and even Brazil it’s predicted. The world’s next future megacities could include Istanbul, Turkey; Ho Chi Minh City, Vietnam; and Khartoum, Sudan, among others. Read about these emerging and little-known behemoths.
