Cost isn’t the only thing on building owners’ minds these days, but it certainly informs their choices of AEC partners, projects, and products. This is one of the many takeaways from BD+C’s inaugural Owners Survey Report, which collected input from 156 building owners and developers throughout December 2020 and January 2021 on a variety of topics: their top development challenges, what they look for in AEC firm partners, and their most promising innovations.
The survey findings point to a growing demand for collaboration and partnership during these chaotic times—and mounting frustration over a lack of focus and discipline among their AEC firm partners around project costs.
“Architects and designers need to work within a budget,” said Michael Vachio, LEED AP, Vice President of Development and Construction for JL Capital in Hawaii. “The value engineering phase of a project is becoming longer and larger.”
Time and again, in their comments, owners asserted that AEC firms don’t listen to their concerns, especially—but not exclusively—about taming a project’s cost. Owners also claimed they want closer collaboration with their teams, subs, and suppliers, some to the point of encouraging integrated project delivery methods that ultimately speed the construction process.
At the very least, AEC firms might reconsider how they pitch projects, with an eye toward appreciating the owner’s perspective.
AEC firms also need to overcome some owners’ lingering skepticism about investing in strategies that are environmentally responsible but whose implementation costs “impact the rents tenants are willing to pay and [what] financial institutions are willing to lend in some markets,” said Cassie Paben, Director of Business Development for Tetrad Property Group.
Click To Download BD+C's 2021 Owners Survey Report
This exclusive BD+C survey of 156 building owners and developers explores the changing and most-pressing needs of this highly influential group. From project financing to client service to design, construction, and operations, this research breaks down emerging trends, innovations, and the biggest wants and needs among owners/developers. The survey covers:
• What owners/developers look for in an AEC firm
• Biggest development challenges
• Top health/wellness/environmental strategies on projects
• Single-biggest innovation implemented on projects
• Response to the COVID-19 pandemic.
Download the 16-page PDF report with the complete findings from BD+C's 2021 Owners Survey. Thanks!
That being said, AEC firms should also test those waters to see if owners are prepared to enter into contractual commitments necessary for establishing accountable and financial collaboration on both sides.
Owner–AEC relations that work usually boil down to trust. Our survey reveals that, perhaps more than ever, owners are turning to their AEC partners to help their companies and projects take advantage of the
latest products and best practices in such areas as technology, building systems, energy efficiency, and sustainability.
Our survey’s respondents sounded eager to try out new ideas that deliver predictable ROIs. But as one owner conceded, the industry is moving faster than any one company can keep up with. AEC firms only increase their value when they provide practical solutions for projects that factor in an owner’s budgetary, marketing, and operational parameters, as well as end-user and occupant comfort.
Download the Owners Survey Report at: BDCnetwork.com/OwnerSurvey2021.
Related Stories
Headquarters | Jun 30, 2022
Lenovo to build its new global headquarters in Beijing
Washington, D.C.-based architecture and design firm CallisonRTKL has announced it will create the new global headquarters in Beijing for Lenovo Group, a Chinese multinational personal technology company.
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.
Laboratories | Jun 29, 2022
The "collaboratory" brings digital innovation to the classroom
The Collaboratory—a mix of collaboration and laboratory—is a networking center being designed at the University of Denver’s College of Business.
Airports | Jun 29, 2022
BIG and HOK’s winning design for Zurich airport’s new terminal
Two years ago, Zurich Airport, which opened in the 1950s, launched an international design competition to replace the aging Dock A—the airport’s largest dock.
Museums | Jun 28, 2022
The California Science Center breaks grounds on its Air and Space Center
The California Science Center—a hands-on science center in Los Angeles—recently broke ground on its Samuel Oschin Air and Space Center.
Contractors | Jun 27, 2022
Reverse mentorship: A model for the future of the construction workforce
Reverse mentorship can help seasoned professionals develop new skills, stay connected with younger generations, and gain future-forward insights for life and business.
Building Team | Jun 27, 2022
Chapel of St. Ignatius by Steven Holl Architects receives AIA’s twenty-five year award
The American Institute of Architects (AIA) is honoring the Chapel of St. Ignatius in Seattle, designed by Steven Holl Architects, with its Twenty-five Year Award.
Green | Jun 22, 2022
The business case for passive house multifamily
A trio of Passive House experts talk about the true costs and benefits of passive house design and construction for multifamily projects.
Building Team | Jun 22, 2022
Design for new San Clemente Marine Safety Headquarters would create new public plaza
A proposed design by HMC Architects for a new San Clemente Marine Safety Headquarters makes creative use of the seaside topography of the Pacific Coast.
Augmented Reality | Jun 22, 2022
Not just for POKÉMON GO anymore: how augmented reality is transforming architecture
By solving a long-standing communication problem, Augmented Reality (AR) is poised to make architecture quicker, nimbler, and more cost effective.
