As office construction faces challenges in post-pandemic times, some CEOs are leading the way in innovative design, fostering a new era of sustainable and employee-centric workplaces. Despite a decline in overall office activity, specific projects like Mutual of Omaha's $600 million headquarters in Omaha, Nebraska, CoStar's $460 million research and technology center in Richmond, Virginia, and Northwestern Mutual's $500 million repositioning project in Milwaukee provide tangible examples of positive momentum. These corporate campuses and alteration projects are reshaping the industry, highlighting a potential shift towards purposeful work environments. While the broader office market may not fully return to 2019 levels, these projects showcase a grounded optimism and adaptability within the sector, suggesting a future where innovative design plays a pivotal role in shaping the workspace landscape.
Veteran developer Paul Paradis’ fingerprints are all over the San Francisco skyline — from the handsome JP Morgan Chase building at 560 Mission to the iconic Salesforce tower. But he’s got more work to do.
A former chief with developer Hines, Paradis is on a mission to add another “jewel” to the city’s crown: a 71-story tower that would rise higher than any existing apartment building in San Francisco, and become the third tallest building in the city.
Bayhill Ventures — a new real estate development and investment firm that Paradis launched out of San Francisco this year with Rob Hollister, the former president of the Sobrato Organization — filed an application with the city’s Planning Department on Wednesday, proposing the redevelopment of 530 Howard St. in the South Financial District.
Pickard Chilton Principal, Michael Hensley shares insights from office design innovations and repositioning for future flexibility.
With global commercial real estate markets facing uncertainty, there are a number of recognized strategies and approaches that apply to both corporate built-to-suit and spec office design that could serve both business leaders and architects as they navigate these challenging waters to reach an ideal and viable solution. Office developers and design firms with the inherent agility and skills necessary to pivot to best respond to market expectations will likely remain busy for the coming future and beyond.
Northwestern Mutual today held a kickoff celebration with the Milwaukee community for its $500 million North Office Building Modernization project. The North Office Building, located at 818 East Mason Street in downtown Milwaukee, will be transformed to expand the company's world-class workplace and employee experience.
ATLANTA, Sept. 13, 2023 /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC) announced Wednesday that it received two Sustainable Company Awards from Environmental Finance, a news and analysis service reporting on sustainable investment. The Environmental Finance Sustainable Company Awards 2023 recognize leading corporations that are transforming their business practices to achieve a net-zero future.