Twitter CEO Jack Dorsey recently informed employees that they will be allowed to work from home permanently, even after the COVID-19 pandemic subsides.
The move may be a harbinger of a new corporate mindset resulting from the pandemic. It doesn’t bode well for the commercial office market, some observers say.
The new normal for office space could become virtual, with companies retaining just a scaled-down home base dedicated to important meetings with clients and recruits. Prior to the pandemic, leased or company-owned offices may have been iconic buildings that bolstered the brand and prominence in the areas they occupied.
After the pandemic, office space may be viewed as an expensive budget line item that could be trimmed with little impact on operations. Many businesses, even those requiring high data security such as financial services firms, have made necessary investments in virtual infrastructure during the virus lockdown. The result has been a true distributed workforce that in some cases has been more productive.
Related Stories
Codes and Standards | Nov 29, 2021
Ithaca, N.Y., votes to electrify, decarbonize all its buildings
First initiative of its kind in U.S.
Codes and Standards | Nov 29, 2021
FAA seeking design of air traffic control towers of the future
Call for design submissions for safe, efficient structures.
Codes and Standards | Nov 28, 2021
Efficient electric water heaters in multifamily buildings significantly reduce carbon emissions
In buildings with 5+ units, water heating uses more energy than space heating, cooling, or lighting.
Codes and Standards | Nov 23, 2021
New York’s Labor Law Section 240 and how it affects general contractors
The ‘Scaffold Law’ was first enacted by the New York State Legislature in 1885 and is one of the single most-used laws in construction accident cases.
Codes and Standards | Nov 22, 2021
ABC’s Construction Technology Report finds focus on solving operational problems
More than half rely on project management software.
Codes and Standards | Nov 22, 2021
Contractors say 811 utility location system has significant flaws
More than half of firms in survey report damages, near misses because lines were unmarked or marked incorrectly.
Codes and Standards | Nov 19, 2021
Creating net-zero/net-positive buildings is top priority in Green Building Trends 2021 report
Findings also demonstrate compelling business case for building green.
Codes and Standards | Nov 19, 2021
Construction Startup Competition 2021 awards highlight tech innovations
AI-powered software to identify and explain critical issues in construction contracts takes top prize.
Codes and Standards | Nov 18, 2021
Infrastructure bill contains $5 billion for energy efficiency in buildings
Wide range of programs to reduce energy use, improve materials, train workers.
Codes and Standards | Nov 17, 2021
Skanska will provide embodied carbon assessments on all new projects over 53,000 sf
Will use the Embodied Carbon in Construction Calculator it helped create.
