CannonDesign is acquiring and merging with Astorino, a Pittsburgh-based multidisciplinary firm in a deal that strengthens processes, assets, and opportunities for both firms. The merger increases collective capabilities, opens new markets, and enhances value for clients.
The firms cited their close alignment on values, vision, and culture as the foundation of the new relationship—both CannonDesign and Astorino place a premium on design solutions that address unique challenges faced by clients.
“Together, our talented professionals will pursue outcome-based design solutions that optimize our clients’ performance,” commented Gary Miller, Co-Chairman and CEO of CannonDesign. “This merger brings added value and opportunity to both organizations.”
The merger also extends CannonDesign’s presence in the markets Astorino currently serves and positions the firm to expand capabilities into industry innovations for project delivery offering increased choices for clients.
A Design-Led Design-Build division to be managed from the Pittsburgh office will advance innovative methods for project delivery. Louis P. Astorino, Jr., who spearheaded Astorino’s Design Led-Design Build practice group during the last decade, will lead this strategic growth initiative nationwide.
“CannonDesign is a recognized global leader, and we’ve partnered on projects in the past,” said Louis Astorino, Jr., CEO of Astorino. “We are compatible in culture, and complementary in talent, experience and capabilities. This is a superb opportunity for our team to work with CannonDesign’s professionals to expand and innovate.”
While strengthening the firm’s existing focus on healthcare, education, and corporate commercial markets, CannonDesign will gain access to Astorino’s breadth and depth of talent and experience in both standard architectural services as well as innovative processes in research, design, and construction. The firm also will gain access to a valued network of relationships in Pittsburgh and Abu Dhabi, vibrant regions with high growth potential.
Related Stories
BIM and Information Technology | Jan 29, 2015
Lego X by Gravity elevates the toy to a digital modeling kit
With the Lego X system, users can transfer the forms they’ve created with legos into real-time digital files.
Energy Efficiency | Jan 28, 2015
An urban wind and solar energy system that may actually work
The system was designed to take advantage of a building's air flow and generate energy even if its in the middle of a city.
Multifamily Housing | Jan 27, 2015
Multifamily construction, focused on rentals, expected to slow in the coming years
New-home purchases, which recovered strongly in 2014, indicate that homeownership might finally be making a comeback.
Office Buildings | Jan 27, 2015
London plans to build Foggo Associates' 'can of ham' building
The much delayed high-rise development at London’s 60-70 St. Mary Axe resembles a can of ham, and the project's architects are embracing the playful sobriquet.
Multifamily Housing | Jan 22, 2015
Sales of apartment buildings hit record high in 2014
Investors bet big time on demand for rental properties over homeownership in 2014, when sales of apartment buildings hit a record $110.1 billion, or nearly 15% higher than the previous year.
| Jan 22, 2015
Architecture Billings Index rebounds at end of 2014
The American Institute of Architects reported the December ABI score was 52.2, up from a mark of 50.9 in November. This score reflects an increase in design activity.
| Jan 21, 2015
From technician to rainmaker: Making the leap in your career
Many AEC firms focus on training for the hard skills of the profession, not so much for business prowess, writes BD+C's David Barista.
Modular Building | Jan 21, 2015
Chinese company 3D prints six-story multifamily building
The building components were prefabricated piece by piece using a printer that is 7 meters tall, 10 meters wide, and 40 meters long.
| Jan 21, 2015
Tesla Motors starts construction on $5 billion battery plant in Nevada
Tesla Motors’ “gigafactory,” a $5 billion project on 980 acres in Sparks, Nev., could annually produce enough power for 500,000 electric cars.
| Jan 20, 2015
Daring hotel design scheme takes the shape of cut amethyst stone
The Dutch practice NL Architects designed a proposal for a chain of hotels shaped like a rock cut in half to reveal a gemstone inside.