flexiblefullpage
billboard
interstitial1
catfish1
Currently Reading

Projected cost for Apple's Campus 2 balloons to $5 billion

Projected cost for Apple's Campus 2 balloons to $5 billion

Ring-shaped Cupertino building would be 2.8 million square feet and would accommodate more than 12,000 workers.


By BD+C Staff | April 5, 2013
Courtesy Foster + Partners
Courtesy Foster + Partners

Campus 2, Apple Inc.'s proposed ring-shaped office facility in Cupertino, Calif., could cost $5 billion to build, according to a report by Bloomberg. Confidential souces told the publication that the budget has escalated since 2011, when a $3 billion price tag was predicted, and could reach more than $1,500/sf. The scale of the project has evolved over time; initally the building was only intended to accommodate 6,000 employees, vs. the current scope of 12,000 to 13,000.

Contributing to the high price is a design that calls for a façade incorporating 40-foot tall curved glass panes, imported from German firm Seele. The campus, created on land the company already owns, would be planted with 6,000 trees. In addition to the main building, the plan includes a corporate auditorium, fitness center, central plant, underground parking, and 300,000-sf research building.

The Building Team includes Foster + Partners as lead architect, and a joint venture of DPR Construction and Skanska USA Building as general contractor. A 2016 move-in date is projected, with demoliton of existing buildings on the site set to begin this summer.

Bloomberg quotes several shareholder sources who expressed trepidation about the cost of the project, in particular its innovative (and costly) use of curved glass. Apple execs say that Campus 2—part of the late Steve Jobs' dream for the company—will go forward. Apple will also continue to use its "Infinite Loop" headquarters, home to 2,800 employees.

The roof of the main building will hold 70,000 sf of solar panels, a key to the project's net-zero energy design. Other sustainable features will include high-efficiency fans, advanced daylighting, intensive plantings, and sustainable wood. Prefabricated, modular construction is anticipated as a key construction strategy.

(http://www.bloomberg.com/news/2013-04-04/apple-new-campus-cost-seen-jumping-to-5-billion-tech-correct-.html)

Related Stories

Multifamily Housing | May 1, 2023

A prefab multifamily housing project will deliver 200 new apartments near downtown Denver

In Denver, Mortenson, a Colorado-based builder, developer, and engineering services provider, along with joint venture partner Pinnacle Partners, has broken ground on Revival on Platte, a multifamily housing project. The 234,156-sf development will feature 200 studio, one-bedroom, and two-bedroom apartments on eight floors, with two levels of parking.

Mass Timber | May 1, 2023

SOM designs mass timber climate solutions center on Governors Island, anchored by Stony Brook University

Governors Island in New York Harbor will be home to a new climate-solutions center called The New York Climate Exchange. Designed by Skidmore, Owings & Merrill (SOM), The Exchange will develop and deploy solutions to the global climate crisis while also acting as a regional hub for the green economy. New York’s Stony Brook University will serve as the center’s anchor institution.

Market Data | May 1, 2023

AEC firm proposal activity rebounds in the first quarter of 2023: PSMJ report

Proposal activity for architecture, engineering and construction (A/E/C) firms increased significantly in the 1st Quarter of 2023, according to PSMJ’s Quarterly Market Forecast (QMF) survey. The predictive measure of the industry’s health rebounded to a net plus/minus index (NPMI) of 32.8 in the first three months of the year. 

Sustainability | May 1, 2023

Increased focus on sustainability is good for business and attracting employees

A recent study, 2023 State of Design & Make by software developer Autodesk, contains some interesting takeaways for the design and construction industry. Respondents to a survey of industry leaders from the architecture, engineering, construction, product design, manufacturing, and entertainment spheres strongly support the idea that improving their organization’s sustainability practices is good for business.

Codes and Standards | May 1, 2023

Hurricane Ian aftermath expected to prompt building code reform in Florida

Hurricane Ian struck the Southwest Florida coastline last fall with winds exceeding 150 mph, flooding cities, and devastating structures across the state. A construction risk management expert believes the projected economic damage, as high as $75 billion, will prompt the state to beef up building codes and reform land use rules. 

| Apr 28, 2023

$1 billion mixed-use multifamily development will add 1,200 units to South Florida market

A giant $1 billion residential project, The District in Davie, will bring 1.6 million sf of new Class A residential apartments to the hot South Florida market. Located near Ft. Lauderdale and greater Miami, the development will include 36,000 sf of restaurants and retail space. The development will also provide 1.1 million sf of access controlled onsite parking with 2,650 parking spaces. 

Architects | Apr 27, 2023

Blind Ambition: Insights from a blind architect on universal design

Blind architect Chris Downey shares his message to designers that universal design goes much further than simply meeting a code to make everything accessible.

Design Innovation Report | Apr 27, 2023

BD+C's 2023 Design Innovation Report

Building Design+Construction’s Design Innovation Report presents projects, spaces, and initiatives—and the AEC professionals behind them—that push the boundaries of building design. This year, we feature four novel projects and one building science innovation.

Mixed-Use | Apr 27, 2023

New Jersey turns a brownfield site into Steel Tech, a 3.3-acre mixed-use development

In Jersey City, N.J., a 3.3-acre redevelopment project called Steel Tech will turn a brownfield site into a mixed-use residential high-rise building, a community center, two public plazas, and a business incubator facility. Steel Tech received site plan approval in recent weeks.

Multifamily Housing | Apr 27, 2023

Watch: Specifying materials in multifamily housing projects

A trio of multifamily housing experts discusses trends in materials in their latest developments. Topics include the need to balance aesthetics and durability, the advantages of textured materials, and the benefits of biophilia.

boombox1
boombox2
native1

More In Category


Urban Planning

Bridging the gap: How early architect involvement can revolutionize a city’s capital improvement plans

Capital Improvement Plans (CIPs) typically span three to five years and outline future city projects and their costs. While they set the stage, the design and construction of these projects often extend beyond the CIP window, leading to a disconnect between the initial budget and evolving project scope. This can result in financial shortfalls, forcing cities to cut back on critical project features.



Libraries

Reasons to reinvent the Midcentury academic library

DLR Group's Interior Design Leader Gretchen Holy, Assoc. IIDA, shares the idea that a designer's responsibility to embrace a library’s history, respect its past, and create an environment that will serve student populations for the next 100 years.

halfpage1

Most Popular Content

  1. 2021 Giants 400 Report
  2. Top 150 Architecture Firms for 2019
  3. 13 projects that represent the future of affordable housing
  4. Sagrada Familia completion date pushed back due to coronavirus
  5. Top 160 Architecture Firms 2021