Businesses are slowly but consistently transitioning to a permanent hybrid work environment, according to a senior economist at Econometric Advisors.
A Spring 2022 survey from CBRE found that 73% of companies plan to have some sort of hybrid workplace policy. This trend will lead to a reduction in office space demand by 9% the economist said, as reported by GlobeSt.
Under the average hybrid work model, employees work about 24% less time in the office than they did before the pandemic and will spend about 1.6 days working from home each week in the future. Don’t expect a one-for-one reduction in space needs for employees, though.
Because office space will have to accommodate times of peak usage, employers can only remove about 55 desks for every 100 employees not present in the office.
Related Stories
| Aug 11, 2010
JanCom Technologies expands headquarters
JanCom Technologies, Inc., an Austin, Texas-based technology, infrastructure, audio-visual, and critical power systems consulting and engineering services firm, continues to grow due to an influx of high-profile international projects. The company recently expanded to a 5,000-square-foot office space at 206 Wild Basin Road. The move represents a 2,000-square-foot increase in space to accommodate the company’s growth.
| Aug 11, 2010
New book on ‘Green Workplace’ by HOK’s Leigh Stringer, a BD+C 40 under 40 winner
The new book The Green Workplace is a comprehensive guide that demonstrates how green businesses can reduce costs, improve recruitment and retention, increase shareholder value, and contribute to a healthier natural environment.
| Aug 11, 2010
LEED 2009 cites FloorScore Certification as indicator of indoor air quality
The U.S. Green Building Council (USGBC) has cited FloorScore® certified flooring products as eligible for credits under the new LEED 2009 Version 3 guidelines. Reflecting the inclusion of FloorScore, the new LEED IEQ Credit 4.3 for Low-Emitting Materials has been expanded from “Carpet Systems” to “Flooring Systems” to include hard surface flooring.
| Aug 11, 2010
BIM adoption rate exceeds 80% among nation’s largest AEC firms
The nation’s largest architecture, engineering, and construction companies are on the BIM bandwagon in a big way, according to Building Design+Construction’s premier Top 170 BIM Adopters ranking, published as part of the 2009 Giants 300 survey. Of the 320 AEC firms that participated in Giants survey, 83% report having at least one BIM seat license in house, and nearly a quarter (23%) have 100-plus seats.
| Aug 11, 2010
New air-conditioning design standard allows for increased air speed to cool building interiors
Building occupants, who may soon feel cooler from increased air movement, can thank a committee of building science specialists. The committee in charge of ANSI/ASHRAE Standard 55 - Thermal Environmental Conditions for Human Occupancy—after months of study and discussion--has voted recently to allow increased air speed as an option for cooling building interiors. In lay terms, increased air speed is the equivalent of turning up the fan.
| Aug 11, 2010
PCA partners with MIT on concrete research center
MIT today announced the creation of the Concrete Sustainability Hub, a research center established at MIT in collaboration with the Portland Cement Association (PCA) and Ready Mixed Concrete (RMC) Research & Education Foundation.
| Aug 11, 2010
Rouss & Robertson Halls
University of Virginia McIntire School of Commerce
Charlottesville, Va.
Rouss Hall, a historic 24,000-sf building designed by Stanford White, served as the home of the University of Virginia’s McIntire School of Commerce from 1955 to 1975. Thirty years later, the university unveiled plans to have the business school return to the small, outdated 110-year-old facility, but this time with the addition of a 132,000-sf companion building to be named Robertson Hall.
| Aug 11, 2010
Study explains the financial value of green commercial buildings
Green building may be booming, especially in the Northwest, but the claims made for high-performance buildings have been slow to gain traction in the financial community. Appraisers, lenders, investors and brokers have found it difficult to confirm the value of high-performance green features and related savings. A new study of office buildings identifies how high-performance green features and systems can increase the value of commercial buildings.
| Aug 11, 2010
James O. Malley wins 2010 AISC T.R. Higgins Award
James 'Jim' O. Malley, S.E., senior principal of Degenkolb Engineers in San Francisco, is the 2010 recipient of the prestigious AISC T.R. Higgins Lectureship Award. Malley is being honored for his paper on "The 2005 AISC Seismic Provisions for Structural Steel Buildings," published in the First Quarter 2007 AISC Engineering Journal.
