In the early stages of the Covid pandemic, commercial real estate industry experts predicted that businesses would increasingly move toward a hub-and-spoke office model.
Many employees had moved away from central office locations—large urban hubs—so they reasoned that companies would shrink their hubs and grow their spokes. It may not be working out that way, though, if new research by JLL holds up.
According to JLL analysis, investment is increasingly moving back to the hub, with less going into the spokes. Employees seem to be happy with working at home or going to flex workspaces. So, companies are questioning the role of their central offices, and looking at how they can make it worthwhile to commute to the central office. That seems to be translating into upgrades for hub offices to accommodate collaboration and meetings—the activities in which hubs excel.
Companies headquartered in large metro areas that have clusters of employees living in outlying areas may still embrace the hub-and-spoke model, according to JLL.
Related Stories
| Jan 31, 2013
More cities requiring large buildings to use EPA’s energy management and reporting
In 2012, Philadelphia joined several other U.S. cities in passing a requirement that large buildings use Portfolio Manager, the Environmental Protection Agency’s energy management tool, to measure and report energy performance.
| Jan 29, 2013
Astellas' New Headquarters for the Americas Earns LEED Gold Certification
The new headquarters for Astellas in the Americas in Northbrook, Ill., has been awarded LEED Gold certification by the USGBC.
| Jan 16, 2013
SOM’s innovative Zhengzhou Greenland Plaza opens
The 2.59-million-square-feet building houses a mixed-use program of offices on its lower floors and a 416-room hotel.
| Dec 9, 2012
The owner’s perspective: high-rise buildings
Douglas Durst on the practicalities of development: “You must think about a building from the inside out.”
| Nov 28, 2012
Project team to showcase design for first mixed-use retail center of its kind in Mexico City
Project reaching construction milestone, offering national model for urban development in Mexico.
| Nov 6, 2012
Goettsch Partners designs new tower in Shunde, China
200-meter-tall building will be located between Guangzhou and Hong Kong.
| Nov 1, 2012
Greenbuild 2012 Report: Green Architecture Firms
Design firms deliver gold, platinum, even net-zero projects
| Oct 17, 2012
Denver office building makes use of single-component wall system for retrofit
The Building Team selected Centria's Formawall Dimension Series to help achieve the retrofit project's goals of improved aesthetics, sustainability, and energy efficiency.
| Oct 10, 2012
Foster + Partners to Design New 425 Park Avenue Tower
Conceptual designs submitted by Foster, Hadid, Koolhaas and Rogers to be on exhibit during Municipal Art Society’s Annual Symposium