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
| Jun 7, 2012
Waterline exhibition displays visions for re-thinking the Chicago River
The designs of Waterline showcase why the Chicago River should once again be considered the city’s most important asset and sets the stage for increased awareness, education and reinvention of the River.
| Jun 7, 2012
WDMA and FMA to affiliate and integrate operations
Over the coming months both organizations will begin the process of formalizing the details of the agreement for final approval by both organizations, with the formal change expected to take effect in January 2015.
| Jun 7, 2012
Craig joins Cannon Design as associate principal
Craig will work closely with the firm's Corporate/Commercial Interiors leadership to help facilitate initiatives that strengthen awareness around workplace innovation and offer counsel on strategic workplace decisions.
| Jun 7, 2012
Stantec publishes 2011 corporate Sustainability Report
Stantec's fifth annual Sustainability Report was prepared in accordance with the internationally recognized G3.1 Sustainability Reporting Guidelines, developed by the Global Reporting Initiative.
| Jun 6, 2012
KPF designs tower for Yongsan IBD
The master plan, created by Studio Daniel Libeskind, is a dynamic urban environment containing contributions from 19 different architects practicing in diverse locations around the globe.
| Jun 6, 2012
SOM urges Chicago tenants to partner with landlords to cut energy use
Tenants can exceed building energy challenge targets recently announced by Mayor Emanuel.
| Jun 6, 2012
KLMK Group awarded contract with Parkland Health & Hospital System in Texas
KLMK will also provide planning guidance in all aspects of the project related to facility activation.
| Jun 5, 2012
Cannon Design joins forces with Peter Ellis New Cities
Peter Ellis will now lead Cannon Design's urban planning and city design practice in collaboration with the firm's executive leadership.
| Jun 5, 2012
Walker Parking opens office in Abu Dhabi
Walker has been in Abu Dhabi since May 2011 but in a temporary office suite.
| Jun 5, 2012
Glumac hires Drit Shoemaker as new director of business development
Shoemaker will research, connect, and forge new client relationships with architects, developers, owners and brokers while strengthening relationships with current clients.