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
| May 16, 2014
BoA, USGBC to offer $25,000 grants for green affordable housing projects
The Affordable Green Neighborhoods Grant Program will offer 14 grants to developers of affordable housing in North America who are committed to building sustainable communities through the LEED for Neighborhood Development program.
| May 16, 2014
HED expands leadership in San Diego
Neville Willsmore, Thomas Christian join leadership team for Harley Ellis Devereaux.
| May 16, 2014
Toyo Ito leads petition to scrap Zaha Hadid's 2020 Olympic Stadium project
Ito and other Japanese architects cite excessive costs, massive size, and the project's potentially negative impact on surrounding public spaces as reasons for nixing Hadid's plan.
| May 15, 2014
Paints, coatings, and sealants: 10 new ways to seal the deal
Color-shifting finishes, dry-erase surfaces, and stain-blocking paints are highlighted in this round up of new offerings in paints, coatings, sealants, and finishes.
| May 15, 2014
Biking to work up by 60 percent, according to Census Bureau report
Many U.S. cities are seeing an increase in bicycle commuters, according to new a U.S. Census Bureau report. While bicyclists still account for just 0.6% of all commuters, some of the nation's largest cities have more than doubled their rates since 2000.
| May 15, 2014
'Virtually indestructible': Utah architect applies thin-shell dome concept for safer schools
At $94 a square foot and "virtually indestructible," some school districts in Utah are opting to build concrete dome schools in lieu of traditional structures.
| May 15, 2014
First look: 9/11 Memorial Museum opens to first-responders, survivors, 9/11 families [slideshow]
The 110,000-sf museum is filled with monumental artifacts from the tragedy and exhibits that honor the lives of every victim of the 2001 and 1993 attacks.
| May 14, 2014
New study shows employees aren't happier working in green buildings
People working in buildings certified under LEED’s green building standard appear no more satisfied with their workplace environments than those in conventional buildings, according to new research from the University of California, Berkeley, and the University of Nottingham.
| May 14, 2014
Construction growth looking up: Gilbane Spring 2014 Economic Report
Construction spending for 2014 should finish 6.6% higher than in 2013, with nonresidential work contributing substantially.
| May 14, 2014
Prefab payback: Mortenson quantifies cost and schedule savings from prefabrication techniques
Value-based cost-benefit analysis of prefab approaches on the firm's 360-bed Exempla Saint Joseph Heritage Project shows significant savings for the Building Team.