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
| Jun 12, 2012
BCA Architects transforms Anaheim schools into dynamic learning environments
BCA Architects was selected to update the district's long-range master plan.
| Jun 11, 2012
Survey reveals emerging trends in parking
Industry-transforming innovations are changing the way we park.
| Jun 11, 2012
Buro Hapold hires new principal Neil Porto
Porto brings a broad depth of expertise in civil and structural engineering to new and existing projects.
| Jun 11, 2012
Historic church gains energy efficiency, retains aesthetics with architecturally rated windows
New windows would need to not only stand the test of time, but also accommodate the aesthetics of an architecturally historic church.
| Jun 11, 2012
Genivar and WSP Group join forces
Genivar concurrently announces a $225 million public bought deal of subscription receipts, a $197 million private placement of subscription receipts and new credit facilities.
| Jun 11, 2012
SimplexGrinnell highlights integrated suite of web-based technologies at NFPA Expo
eservices platform uses the power of the Internet to deliver more value to customers.
| Jun 11, 2012
Reed Construction announces new hire and promotion
Reed Construction hired Augie Insalaco as a project manager and promoted Matt Mahoney from project intern to project engineer.
| Jun 11, 2012
Hill International selected as CM for Porto Arabia Towers in Qatar
The complex is a mixed-use development featuring both residential and commercial properties.