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
| Mar 20, 2012
Stanford’s Knight Management Center Awarded LEED Platinum
The 360,000-sf facility underscores what is taught in many of the school’s electives such as Environmental Entrepreneurship and Environmental Science for Managers and Policy Makers, as well as in core classes covering sustainability across the functions of business.
| Mar 20, 2012
New office designs at San Diego’s Sunroad Corporate Center
Traditional office space being transformed into a modern work environment, complete with private offices, high-tech conference rooms, a break room, and an art gallery, as well as standard facilities and amenities.
| Mar 19, 2012
Obama’s positioned to out-regulate Bush in second term
Proposed ozone rule would cost $19 billion to $90 billion in 2020, according to the White House.
| Mar 19, 2012
Skanska promotes Saunders to VP/GM of Bayshore Concrete Products
During his more than 13 years with Bayshore, Saunders has provided products for Victory Bridge in New Jersey, Route 52 Causeway in Ocean City, N.J., and for numerous piers at Naval Station Norfolk and the Norfolk Naval Shipyard.
| Mar 19, 2012
Smith Carter joins forces with Genivar
Smith Carter has a workforce of some 190 employees and designs complex buildings in challenging environments.
| Mar 19, 2012
HKS Selected for Baylor Medical Center at Waxahachie
Baylor Medical Center at Waxahachiewill incorporate advanced technology including telemedicine, digital imaging, remote patient monitoring, electronic medical records and computer patient records.
| Mar 19, 2012
Mixed-use project redefines Midtown District in Plantation, Fla.
Stiles Construction is building the residential complex, which is one of Broward County’s first multifamily rental communities designed to achieve LEED certification from the USGBC.
| Mar 16, 2012
Temporary fix to CityCenter's Harmon would cost $2 million, contractor says
By contrast, CityCenter half-owner and developer MGM Resorts International determined last year that the Harmon would collapse in a strong quake and can't be fixed in an economical way. It favors implosion at a cost of $30 million.
| Mar 16, 2012
Work on Oxnard, Calif. shopping center resumes after a three-year hiatus
Stalled since 2009, developers of the Collection at RiverPark decided to restart construction on the outdoor mall.