Apple will delay the construction of a secondary, 300,000-sf research and development building on its "spaceship" campus in an attempt to drive down the cost of developing its new headquarters. In a filing with the City of Cupertino, Apple said construction of the office building on North Tantau Avenue will now commence as part of Phase 2 of its campus development, a delay that will see work begin once its iconic spaceship building has opened in 2016.
Originally scheduled for completion in 2015, Apple has been forced to push back its Campus 2 move-in date until the summer of 2016. When the campus was announced in 2011, the project already had a budget of $3 billion but that number has reportedly risen to over $5 billion as Apple moves ahead with development of what Steve Jobs said would become "the best office building in the world" — thanks to its curved glass exterior and energy-efficient design. Apple says that its development schedule "may be modified to meet [its] business needs" moving forward, so that may not be the last of its revisions. Despite these early setbacks, Apple is focused on opening its circular 2.8 million-sf building within three years, allowing it to hold more than 12,000 employees.
(http://www.theverge.com/2013/4/25/4264622/apple-delays-campus-2-office-construction)
Related Stories
| Jan 10, 2013
Guide predicts strongest, weakest AEC markets for 2013
2013 Guide to U.S. AEC markets touts apartments, natural gas, senior housing and transmission and distribution.
| Jan 9, 2013
Panasonic and Bluebeam preview new architect app at CES 2013
Panasonic and Bluebeam Software collaborate to develop and introduce the 4K tablet and software to the design and construction industry.
| Jan 3, 2013
Answered prayers
A bold renovation enables a small church to expand its mission on a grand scale.
| Jan 3, 2013
Top BIM/VDC articles of 2011-2012
A compendium of BD+Cs top building information modeling and virtual design + construction articles from 2011-12.
| Jan 3, 2013
8 trends shaping today’s senior housing
The ranks of those age 65 and older are swelling by the thousands every day. Is there an opportunity for your firm in the seniors housing market?
| Jan 2, 2013
Trends Report: New facilities enhance the quality of campus life
Colleges and universities are building state-of-the-art student unions, dining halls, and other non-academic buildings to enrich the campus experience, boost enrollment, and stay competitive.
| Jan 2, 2013
M&A activity at U.S. AEC firms up slightly
Total mergers and acquisitions in the AEC industry hit 171 in 2012, up slight from the 169 deals in 2011.
| Jan 2, 2013
Global data center market to ‘slow’ to 14.3% this year
Total global investment in data centers is expected to slow down somewhat this year but still increase at a respectable 14.3%, according to DCD Intelligence.
| Jan 2, 2013
Construction jobs made gains in 2012, even with a slow Q4, says Gilbane report
The construction sector in the nine states with 50% of construction employment was up 169,000 jobs from February to September 2012, following a lost of 137,000 jobs from September 2011 to January 2012.