Now rising in the Big Apple, the 70-story Central Park Marriott will be the tallest hotel in the Western Hemisphere when completed by CNY Group. The $200 million project, with structural engineering by WSP, reflects the generally upbeat mood in the hospitality market.
“Globally, hotel operating fundamentals are poised to remain strong in 2013,” says Mark Wynne-Smith, Global CEO of Jones Lang LaSalle’s Hotels and Hospitality Group. Despite some economic stressors, JLL believes supply and demand, availability of investment capital (especially from private equity funds), and REIT stock prices all point to “an attractive environment” for hotel business worldwide.
TOP HOTEL ARCHITECTURE FIRMS
2012 Hospitality Revenue ($)1 Gensler $69,090,0002 WATG / Wimberly Interiors $54,713,0003 HKS $32,000,0004 Leo A Daly $19,999,6215 RTKL Associates $19,730,0006 Hnedak Bobo Group $17,425,0007 Perkins Eastman $11,600,0008 Kohn Pedersen Fox Associates $11,251,8009 Cuningham Group Architecture $10,019,86510 HOK $10,011,000
TOP HOTEL ENGINEERING FIRMS
2012 Hospitality Revenue ($)1 AECOM Technology Corp. $100,190,0002 Parsons Brinckerhoff $28,900,0003 Buro Happold Consulting Engineers $16,165,0004 Rolf Jensen & Associates $7,600,0005 Thornton Tomasetti $7,218,7316 KPFF Consulting Engineers $6,000,0007 Arup $5,527,3718 Michael Baker Jr. $4,340,0009 Wiss, Janney, Elstner Associates $2,880,00010 WSP USA $2,696,642
TOP HOTEL CONSTRUCTION FIRMS
2012 Hospitality Revenue ($)1 Manhattan Construction $290,769,0002 Structure Tone $250,908,0003 Lend Lease $234,975,0004 Swinerton Builders $227,431,9505 Mortenson Construction $209,550,0006 Tutor Perini Corporation $209,216,1267 Brasfield & Gorrie $163,774,5588 Flintco $155,600,0009 Messer Construction $147,695,12810 Yates Cos., The $144,700,000
San Francisco, Los Angeles, Houston, Chicago, New York City, Hawaii, and Washington, D.C., are pinpointed as strong markets in the Americas (http://bit.ly/JLLHotels).
Adaptive reuse for hospitality is producing some particularly interesting remakes of historic properties. The strategy dovetails with travelers’ growing taste for local authenticity—a particular interest of Millennials, according to Tom Ito, Principal and leader for Gensler’s global hospitality practice. “For this generation, avoiding the norm is all about being true to yourself,” says Ito. “As this consumer group grows in spending power, hoteliers will need to provide personalized experiences that reflect the spirit of this demographic.”
Related Stories
| Mar 11, 2011
Chicago office building will serve tenants and historic church
The Alter Group is partnering with White Oak Realty Partners to develop a 490,000-sf high-performance office building in Chicago’s West Loop. The tower will be located on land owned by Old St. Patrick’s Church (a neighborhood landmark that survived the Chicago Fire of 1871) that’s currently being used as a parking lot.
| Mar 11, 2011
Community sports center in Nashville features NCAA-grade training facility
A multisport community facility in Nashville featuring a training facility that will meet NCAA Division I standards is being constructed by St. Louis-based Clayco and Chicago-based Pinnacle.
| Mar 11, 2011
Slam dunk for the University of Nebraska’s basketball arena
The University of Nebraska men’s and women’s basketball programs will have a new home beginning in 2013. Designed by the DLR Group, the $344 million West Haymarket Civic Arena in Lincoln, Neb., will have 16,000 seats, suites, club amenities, loge, dedicated locker rooms, training rooms, and support space for game operations.
| Mar 10, 2011
Steel Joists Clean Up a Car Wash’s Carbon Footprint
Open-web bowstring trusses and steel joists give a Utah car wash architectural interest, reduce its construction costs, and help green a building type with a reputation for being wasteful.
| Mar 10, 2011
How AEC Professionals Are Using Social Media
You like LinkedIn. You’re not too sure about blogs. For many AEC professionals, it’s still wait-and-see when it comes to social media.
| Mar 9, 2011
Hoping to win over a community, Facebook scraps its fortress architecture
Facebook is moving from its tony Palo Alto, Calif., locale to blue-collar Belle Haven, and the social network want to woo residents with community-oriented design.
| Mar 9, 2011
Winners of the 2011 eVolo Skyscraper Competition
Winners of the eVolo 2011 Skyscraper Competition include a high-rise recycling center in New Delhi, India, a dome-like horizontal skyscraper in France that harvests solar energy and collects rainwater, and the Hoover Dam reimagined as an inhabitable skyscraper.
| Mar 9, 2011
Igor Krnajski, SVP with Denihan Hospitality Group, on hotel construction and understanding the industry
Igor Krnajski, SVP for Design and Construction with Denihan Hospitality Group, New York, N.Y., on the state of hotel construction, understanding the hotel operators’ mindset, and where the work is.
| Mar 3, 2011
HDR acquires healthcare design-build firm Cooper Medical
HDR, a global architecture, engineering and consulting firm, acquired Cooper Medical, a firm providing integrated design and construction services for healthcare facilities throughout the U.S. The new alliance, HDR Cooper Medical, will provide a full service design and construction delivery model to healthcare clients.
| Mar 2, 2011
Design professionals grow leery of green promises
Legal claims over sustainability promises vs. performance of certified green buildings are beginning to mount—and so are warnings to A/E/P and environmental consulting firms, according to a ZweigWhite report.
