Page and EYP announced that they have successfully closed a transaction that integrates the two design firms. Guided by similar values and culture, they will expand their services and geographic reach, working seamlessly across offices and disciplines. Together as one firm they will combine exceptional design rooted in architectural, engineering and consulting capabilities to make lives better.
“Bringing together our two firms allows us to work on increasingly complex projects that benefit from our expertise across disciplines and market sectors,” stated Thomas McCarthy, Page Chief Executive Officer. “Together, we’re bringing the most compelling, innovative designs and expertise to each project we pursue regardless of scope or location, and we’ll be able to invest in research and thought leadership to co-create with our clients.”
With a diverse, international portfolio—encompassing the academic; aviation; civic, community and culture; corporate and commercial; government; healthcare; housing and hospitality; industrial; life sciences; and science and technology sectors—the integrated firm of designers, architects and engineers will deliver high-performance designs that help clients measure, reduce, and offset carbon emissions. In addition, the firm will continue to promote equity and wellness with teams versed in practices like universal design, Design for Freedom, Well, Fitwel, and other strategies contributing to diversity and inclusion.
“Page and EYP both create designs that enhance people’s lives and communities,” stated Kef Mason, who served as interim chief executive officer at EYP, and has agreed to stay on with Page. “Combining our expertise is a winning formula for our clients and our employees. It offers us the ability to provide growth, mentorship, and training for our employees that translates to cutting-edge design in our projects. This agreement supports the natural growth trajectories and strategic vision for both firms by unifying our efforts to benefit our clients and staff.”
A spokesperson for Page says that EYP will operate as Page, but that the company is also exploring branding options that capitalize on the strengths of both firms.
In an unanimous decision by Page’s Board, Page submitted a successful bid for EYP’s assets on June 22. The combined firm will have more than 1,300 employees across the U.S., Latin America, and the Middle East.
BOTH FIRMS STRONG IN HEALTHCARE SECTOR
In April, EYP, with $149 million in liabilities, sought Chapter 11 bankruptcy protection from its creditors. The Albany, N.Y.-based firm reportedly had a $67.7 million “stalking horse” bid for its assets from the private equity firm Ault Alliance, according to Reuters and the Albany Times Union.
Last year, EYP, which was founded in 1972, generated $126.5 million in revenue, nearly $67 million of which came from healthcare design projects according to information provided by EYP for BD+C's annual GIANTS ranking. In 2021, EYP launched a sustainable landscape design practice, and opened an office in Orlando, Fla., its 11th.
Page, based in Houston, generated a total of $226.9 million in revenue in 2021, with $61.2 million coming from hospital design projects, and another $42.2 million from core-and-shell office building design. Over the past five years, Page has been working toward a goal of “Page/One,” with systems, processes, and procedures that allow the firm to deliver integrated designs that leverage firmwide capabilities. (Nearly $80 million of Page's revenue last year came from engineering services it provided.)
[Editor's note: Information about EYP's bankruptcy filing and the two firms' revenues was added after this story was posted.]
Related Stories
| Aug 11, 2010
The pride of Pasadena
As a shining symbol of civic pride in Los Angeles County, Pasadena City Hall stood as the stately centerpiece of Pasadena's Civic Center since 1927. To the casual observer, the rectangular edifice, designed by San Francisco Classicists John Bakewell, Jr., and Arthur Brown, Jr., appeared to be aging gracefully.
| Aug 11, 2010
9 Rooftop Photovoltaic Installation Tips
The popularity of rooftop photovoltaic (PV) panels has exploded during the past decade as Building Teams look to maximize building energy efficiency, implement renewable energy measures, and achieve green building certification for their projects. However, installing rooftop PV systems—rack-mounted, roof-bearing, or fully integrated systems—requires careful consideration to avoid d...
| Aug 11, 2010
Education's Big Upgrade
Forty-five percent of the country's elementary, middle, and high schools were built between 1950 and 1969 and will soon reach the end of their usefulness, according to the 2005–2008 K-12 School Market for Design & Construction Firms, published by ZweigWhite, a Massachusetts-based market-research firm.
| Aug 11, 2010
Burr Elementary School
In planning the Burr Elementary School in Fairfield, Conn., the school's building committee heeded the words of William Wordsworth: Come forth into the light of things, let nature be your teacher. They selected construction manager Turner Construction Company, New York, and the New York office of A/E firm Skidmore, Owings & Merrill to integrate nature on the heavily wooded 15.
| Aug 11, 2010
Bronze Award: Trenton Daylight/Twilight High School Trenton, N.J.
The story of the Trenton Daylight/Twilight High School is one of renewal and rebirth—both of the classic buildings that symbolize the city's past and the youth that represent its future. The $39 million, 101,000-sf urban infill project locates the high school—which serves recent dropouts and students who are at risk of dropping out—within three existing vacant buildings.
| Aug 11, 2010
New school designs don't go by the book
America needs more schools. Forty-five percent of the nation's elementary, middle, and high schools were built between 1950 and 1969, according market research firm ZweigWhite, Natick, Mass. Yet even as the stock of K-12 schools ages and declines, school enrollments continue to climb. The National Center for Education Statistics predicts that enrollment in public K-12 schools will keep rising...
| Aug 11, 2010
Bronze Award: Lincoln High School Tacoma, Wash.
Lincoln High School in Tacoma, Wash., was built in 1913 and spent nearly a century morphing into a patchwork of outdated and confusing additions. A few years ago, the Tacoma School District picked Lincoln High School, dubbed “Old Main,” to be the first high school in the district to be part of its newly launched Small Learning Communities program.
| Aug 11, 2010
Great Solutions: Technology
19. Hybrid Geothermal Technology The team at Stantec saved $800,000 in construction costs by embedding geothermal piping into the structural piles at the WestJet office complex in Calgary, Alb., rather than drilling boreholes adjacent to the building site, which is the standard approach. Regular geothermal installation would have required about 200 boreholes, each about four-inches in diameter ...
| Aug 11, 2010
Cronkite Communication School Speaks to Phoenix Redevelopment
The city of Phoenix has sprawling suburbs, but its outward expansion caused the downtown core to stagnate—a problem not uncommon to other major metropolitan areas. Reviving the city became a hotbed issue for Mayor Phil Gordon, who envisioned a vibrant downtown that offered opportunities for living, working, learning, and playing.
| Aug 11, 2010
Bronze Award: Hawthorne Elementary School, Elmhurst, Ill.
At 121 years, Hawthorne School is the oldest elementary school building in the Elmhurst, Ill., school district and a source of pride for the community. Unfortunately, decades of modifications and short-sighted planning had rendered it dysfunctional in terms of modern educational delivery. At the same time, increasing enrollment was leading to overcrowding, with the result that the library, for ...
