The Washington, D.C., region is shedding its reputation as a stodgy government town and emerging as a forward-thinking mecca for technology firms and young professionals. With eyes on attracting projects such as Amazon’s second headquarters, area landlords, brokers, architects, and economic development organizations are teaming up to ink leases with both high-profile and homegrown tech firms.Read More
Hong Kong has surpassed London’s West End as the world’s most expensive office market, according to new research from Cushman & Wakefield. Using proprietary data, the report ranks occupancy costs per workstation as well as workplace densities for newly developed or refurbished office space globally. At a global level, the average annual cost per workstation rose by 1.5 percent over the past 12 months.
Four takeaways on the use of data science to measure professionals’ interactions in new office designs based on the new Boston Consulting Group workplace at New York City’s 10 Hudson Yards.
Two small-scale developers detailed at ULI’s 2017 Fall Meeting in Los Angeles how the story arc of an imaginative building can be full of drama, setbacks, and plot twists.
The transformation of office space continues, with collaborative, shared spaces replacing traditional private offices and cubicles.
Lowell, Massachusetts, received a major boost in ongoing efforts to transform into a center of innovation when Kronos—a homegrown Massachusetts workforce management software and services company—decided to relocate its global headquarters, taking a half-million square feet (46,500 sq m) close to the city’s revitalized downtown.
Ten years ago, San Antonio’s bond program dedicated a mere $10 million to downtown improvements. By 2012, that number had jumped to $90 million, and the most recent bond initiative, passed in May, earmarks $170 million for downtown projects.
With a handful of WELL-certified projects now in operation and hundreds in the certification pipeline, real estate owners and developers are starting to take a hard look at the business case for healthy building certification.
With portable electronic devices allowing people to work from anywhere and at any time, the lines dividing office, hospitality, and home design are blurring.
Delegates at ULI Japan’s recent Spring Conference, held in Tokyo, heard from a number of landlords operating a number of different models for office occupation about how their operations worked and their thoughts on the future.