As the U.S. construction industry continues to rebound from the downturn in the past economic cycle, "The Business of Architecture: 2014 AIA Firm Survey Report" shows that design activity at architecture firms has recovered to pre-recession levels.
Most firms have seen revenue levels at least stabilize, if not finally begin to grow with gross billings at architecture firms increasing by 20% from 2011.
Key findings include:
- With losses during the economic downturn, architecture firms have become smaller and younger with 43% having been founded since the year 2000, with one-third of those firms founded just since 2010.
- Renovations of existing facilities account for a larger share of design activity than during the last construction boom.
- Nearly two-thirds of large firms worked on international projects in 2013.
- Over a third of architecture firms nationally—and virtually all larger firms—were using some form of BIM for billable projects.
- Twelve percent of firms are using energy modeling software for billable projects.
- Twenty-one percent of firms have worked on one or more projects that incorporate resilient design strategies.
- Even with most of the institutional building category remaining in recession in 2013, this sector generated half of the billings at architecture firms.
- Within the institutional category, education facilities accounted for 21% of overall billings.
The full survey is available for purchase here.
Related Stories
| Apr 25, 2012
Rogers joins Morgan/Harbour as senior project manager
Rogers will also manage the construction process and daily activities as well as act as the interface between the subcontractors, owners, municipalities and regulatory agencies
| Apr 25, 2012
J.C. Anderson selected for 50,000-sf build out at Chicago’s DePaul University
The build-out will consist of the construction of new offices, meeting rooms, video rooms and a state-of-the-art multi-tiered Trading Room.
| Apr 24, 2012
ULI Real Estate Consensus Forecast, projects improvements for the real estate industry through 2014
Survey is based on opinions from 38 of the nation’s leading real estate economists and analysts and suggests a marked increase in commercial real estate activity, with total transaction volume expected to rise from $250 billion in 2012 to $312 billion in 2014.
| Apr 24, 2012
Roofing Supply Group acquired by Clayton, Dubilier & Rice
RSG provides a complete offering of residential and commercial roofing materials and related supplies.
| Apr 24, 2012
McLennan named Ashoka Fellow
McLennan was recognized for his work on the Living Building Challenge.
| Apr 24, 2012
AECOM design and engineering team realizes NASA vision for Sustainability Base
LEED Platinum facility opens at NASA Ames Research Center at California’s Moffett Field.
| Apr 23, 2012
Vegas’ CityCenter called financial ‘black hole’
Two and a half years ago, stockholders filed six lawsuits after the stock price fell from $99.75 on Oct. 9, 2007, to $1.89 on March 5, 2009. Bondholders sued over similar steep losses.
| Apr 23, 2012
Innovative engineering behind BIG’s Vancouver Tower
Buro Happold’s structural design supports the top-heavy, complex building in a high seismic zone; engineers are using BIM technology to design a concrete structure with post-tensioned walls.
| Apr 23, 2012
AAMA releases updated specification for anodized aluminum
AAMA 611-12 describes test procedures and requirements for high performance (Class I) and commercial (Class II) architectural quality aluminum oxide coatings applied to aluminum extrusions and panels for architectural products.