The buzzword in real estate circles these days is asset repositioning—taking a down-on-its-luck property, usually an older office building, and revaluing it through reconstruction.
TOP 130 RECONSTRUCTION ARCHITECTURE FIRMS
Rank, Firm, 2015 Revenue
1. Beck Group, The $316,027,821
2. Stantec $231,765,480
3. IMC Construction $225,000,000
4. HOK $112,706,000
5. HDR $110,180,000
6. CannonDesign $102,600,000
7. Perkins+Will $101,690,400
8. HGA $85,650,000
9. HKS $72,760,766
10. DLR Group $63,000,000
TOP 110 RECONSTRUCTION CONSTRUCTION FIRMS
Rank, Firm, 2015 Revenue
1. Gilbane Building Co. $2,127,487,000
2. Turner Construction Co. $1,931,117,760
3. Whiting-Turner Contracting Co., The $1,404,237,262
4. PCL Construction Enterprises $1,303,288,338
5. Balfour Beatty US $1,214,992,385
6. Pepper Construction Group $832,830,000
7. JE Dunn Construction $804,928,900
8. Consigli Building Group $777,521,827
9. DPR Construction $759,149,850
10. Shawmut Design and Construction $704,000,000
TOP 70 RECONSTRUCTION ENGINEERING FIRMS
Rank, Firm, 2015 Revenue
1. Jacobs $416,783,478
2. Robins & Morton $339,995,669
3. Boldt Company, The $195,086,494
4. Burns & McDonnell $176,706,584
5. IPS $141,876,000
6. WSP | Parsons Brinckerhoff $136,804,000
7. Jensen Hughes $104,807,939
8. Benham Design $102,458,168
9. Wiss, Janney, Elstner Associates $71,632,800
10. Dewberry $60,223,172
More often today, such projects sprinkle in fresh mixed-use ingredients—apartments, condos, retail outlets, restaurants, even entertainment venues.
“It all comes down to amenities and the quality of the space,” says John Clegg, AIA, LEED AP, Principal of Design in Page’s Houston office.
Reconstruction, says Clegg, is always a balancing act between the client’s pro forma and what the building needs to be vibrant again. Page’s work at 1100 Louisiana in Houston is an example of a low-cost solution that involved refreshing the lobby with new furniture, lighting, signage, and amenities—in this case, a Starbucks.
At 811 Louisiana, more drastic measures were called for. A major tenant had moved out, and the owner needed to attract a new lessee. Page proposed resetting the interiors of the first five floors and recladding the exterior to give the building greater curb appeal. The desired effect was to “change the identity of the building itself,” says Clegg.
One Main Place, in Dallas, is another example of a distinguished property that had fallen on hard times. One Main Place was designed in the 1950s by Skidmore, Owings & Merrill’s Gordon Bunshaft, but it was only 30% leased after prime tenants like Bank of America and Ernst & Young had pulled up stakes.
ForrestPerkins, acting as architect of record and interior designer, led the conversion of the 10 upper floors of the 32-story structure into the Westin Dallas Downtown—326 guest rooms, two restaurants, a top-floor swimming pool, ballroom, and guest suite.
The second floor, with 25-foot-high ceilings, was converted into a public space. A porte cochère was added for the hotel. Separate entrances were provided for the ground-floor restaurant (NOLA Brasserie) and the offices. A 5,000-sf glass-enclosed Willow Pavilion was nestled within an existing 20,000-sf exterior sunken plaza.
“The thinking is that the hotel will raise the office space to a higher classification,” says Lawrence Adams, AIA, ForrestPerkins’s Principal in Charge.
Overcoming obstacles
In its renovation of the 109-year-old, 50,000-sf Van Antwerp building, the first reinforced concrete structure to be built in Mobile, Ala., the Building Team—Goodwyn | Mills | Cawood (architect), Thompson Engineering, and Doster Construction (GC)—preserved as much of the original structure as it could. They restored the terra cotta skin. They scanned pieces of the original exterior cornice to create a fiberglass replacement. The underside of the cornice now features mounted glass panels with LED lighting.
The $24 million project had to deal with a foundation that was only 25 feet wide. The foundation had to be reinforced to allow an 11-story addition to be built on the existing 11-story property, says GMC’s Tracy Bassett.
Last year, Leo A Daly completed the conversion of a former mental hospital on the Veterans Administration’s campus in West Los Angeles, which had been abandoned for decades, to permanent therapeutic residences for 65 former homeless veterans. “We envisioned each of the private apartments as rehabilitative cocoons carved into the fabric of a historic structure,” said Michael Walden, Leo A Daly’s Director of Design.
Nicos Katsellis, AIA, LEED AP BD+C, EDCA, GGP, Vice President and Director of Operations for Leo A Daly, says the 46,000-sf concrete building, which dates to the 1940s, was structurally sound. But the firm completely renovated the interior, which included moving the center corridor to the side to expose it to more daylight, and installing clerestories with translucent panels over the corridor.
Windows were restored with energy-efficient glazing. The construction of residences had to take into account columns and windows that weren’t always spaced uniformly. To free up overhead space in the rooms, the team ran vertical duct shafts from the HVAC system in the attic into numerous areas of the building.
RETURN TO THE GIANTS 300 LANDING PAGE
Related Stories
Codes and Standards | Mar 15, 2024
Technical brief addresses the impact of construction-generated moisture on commercial roofing systems
A new technical brief from SPRI, the trade association representing the manufacturers of single-ply roofing systems and related component materials, addresses construction-generated moisture and its impact on commercial roofing systems.
Sports and Recreational Facilities | Mar 14, 2024
First-of-its-kind sports and rehabilitation clinic combines training gym and healing spa
Parker Performance Institute in Frisco, Texas, is billed as a first-of-its-kind sports and rehabilitation clinic where students, specialized clinicians, and chiropractic professionals apply neuroscience to physical rehabilitation.
Market Data | Mar 14, 2024
Download BD+C's March 2024 Market Intelligence Report
U.S. construction spending on buildings-related work rose 1.4% in January, but project teams continue to face headwinds related to inflation, interest rates, and supply chain issues, according to Building Design+Construction's March 2024 Market Intelligence Report (free PDF download).
Apartments | Mar 13, 2024
A landscaped canyon runs through this luxury apartment development in Denver
Set to open in April, One River North is a 16-story, 187-unit luxury apartment building with private, open-air terraces located in Denver’s RiNo arts district. Biophilic design plays a central role throughout the building, allowing residents to connect with nature and providing a distinctive living experience.
Sustainability | Mar 13, 2024
Trends to watch shaping the future of ESG
Gensler’s Climate Action & Sustainability Services Leaders Anthony Brower, Juliette Morgan, and Kirsten Ritchie discuss trends shaping the future of environmental, social, and governance (ESG).
Affordable Housing | Mar 12, 2024
An all-electric affordable housing project in Southern California offers 48 apartments plus community spaces
In Santa Monica, Calif., Brunson Terrace is an all-electric, 100% affordable housing project that’s over eight times more energy efficient than similar buildings, according to architect Brooks + Scarpa. Located across the street from Santa Monica College, the net zero building has been certified LEED Platinum.
Museums | Mar 11, 2024
Nebraska’s Joslyn Art Museum to reopen this summer with new Snøhetta-designed pavilion
In Omaha, Neb., the Joslyn Art Museum, which displays art from ancient times to the present, has announced it will reopen on September 10, following the completion of its new 42,000-sf Rhonda & Howard Hawks Pavilion. Designed in collaboration with Snøhetta and Alley Poyner Macchietto Architecture, the Hawks Pavilion is part of a museum overhaul that will expand the gallery space by more than 40%.
Affordable Housing | Mar 11, 2024
Los Angeles’s streamlined approval policies leading to boom in affordable housing plans
Since December 2022, Los Angeles’s planning department has received plans for more than 13,770 affordable units. The number of units put in the approval pipeline in roughly one year is just below the total number of affordable units approved in Los Angeles in 2020, 2021, and 2022 combined.
BIM and Information Technology | Mar 11, 2024
BIM at LOD400: Why Level of Development 400 matters for design and virtual construction
As construction projects grow more complex, producing a building information model at Level of Development 400 (LOD400) can accelerate schedules, increase savings, and reduce risk, writes Stephen E. Blumenbaum, PE, SE, Walter P Moore's Director of Construction Engineering.
AEC Tech | Mar 9, 2024
9 steps for implementing digital transformation in your AEC business
Regardless of a businesses size and type, digital solutions like workflow automation software, AI-based analytics, and integrations can significantly enhance efficiency, productivity, and competitiveness.