Architects

Multifamily Sector Giants: Younger consumers, Sunbelt renaissance energize multifamily housing [2014 Giants 300 Report]

Aug. 6, 2014
12 min read

Multifamily housing construction is expected to remain relatively strong throughout 2014, according to Freddie Mac (http://bit.ly/TJvZ8R). Starts picked up in 2013, with completions due to catch up this year, finally approaching pre-recession levels. 

AEC firms are delivering projects that cater to consumers seeking reasonably priced rentals in hot urban markets. Gen Y consumers are more likely than their Boomer antecedents to embrace the notion of renting as a lifelong strategy.

Noting these trends, a Building Team in the Southeast has developed SkyHouse: a branded program that provides high-rise apartments for Gen Y professionals near urban centers, public transportation, and nightlife. Since 2011, eleven SkyHouses have been developed, including finished properties in Orlando, Fla., Austin, Texas, Atlanta, Houston, and Dallas, and buildings under way in Raleigh, N.C., Atlanta, Tampa, Fla., Houston, and Charlotte, N.C.

Novare Group, which is developing the projects with Batson-Cook Development Company, previously specialized in high-rise condos, and wanted to bring a different approach to apartment towers that would cost only marginally more than low to mid-rise multifamily housing.

The SkyHouses consist of vertically stacked units with minimal variation; interiors are tweaked to reflect local market preferences. Separating parking facilities from the towers has reduced construction time and costs.

Jones Lang LaSalle’s U.S. Multifamily Outlook Year-End 2013 (http://bit.ly/1ifRCC4) notes the growing (and “thriving”) activity in this region: “While the housing recovery is causing expansion nationwide, the mending of the hardest hit housing markets in the Sunbelt is driving significant gains in those metros.”

 

Top Multifamily Architecture Firms

Rank Company 2013 Multifamily Revenue 1 RTKL Associates $29,674,000 2 Niles Bolton Associates 26,257,959 3 Solomon Cordwell Buenz 26,000,000 4 Architects Orange 18,989,853 5 WDG Architecture 18,737,000 6 Stantec 17,622,016 7 Perkins Eastman 16,000,000 8 NORR 11,572,227 9 Ziegler Cooper 8,815,451 10 Skidmore, Owings & Merrill 8,702,356 11 FXFOWLE Architects 8,100,000 12 Good Fulton & Farrell 7,931,000 13 Hord Coplan Macht 7,794,838 14 HOK 7,404,036 15 Smallwood, Reynolds, Stewart, Stewart & Associates 7,338,774 16 Gensler 7,139,176 17 Perkins+will 7,100,000 18 Mithun 5,966,000 19 Rule Joy Trammell + Rubio 5,787,000 20 FitzGerald Associates Architects 5,464,276 21 VOA Associates 5,266,818 22 Cooper Carry 5,055,632 23 OZ Architecture 4,879,000 24 Beyer Blinder Belle 4,780,731 25 ZGF Architects 4,770,730 26 Harley Ellis Devereaux 4,670,000 27 HKS 4,641,794 28 Lord Aeck Sargent 4,585,731 29 EDI International 4,538,210 30 GBBN Architects 4,120,000 31 Eppstein Uhen Architects 3,912,939 32 Kohn Pedersen Fox Associates 3,795,000 33 Hensley Lamkin Rachel 3,120,000 34 BLTa 3,100,000 35 IBI Group ? Gruzen Samton 3,000,000 36 Nadel 3,000,000 37 Shepley Bulfinch 2,803,000 38 Moseley Architects 2,774,269 39 Callison 2,697,208 40 Carrier Johnson + Culture 2,638,036 41 Morris Architects 2,240,000 42 Cuningham Group Architecture 2,149,438 43 Montroy Andersen DeMarco 2,130,000 44 MBH Architects 1,940,000 45 NAC|Architecture 1,871,525 46 Commonwealth Architects 1,627,175 47 Corgan 1,596,285 48 Symmes Maini & McKee Associates 1,560,000 49 Clark Nexsen 1,400,000 50 Page 1,400,000 51 Goettsch Partners 1,400,000 52 WATG | Wimberly Interiors 1,388,000 53 Goodwyn Mills & Cawood 1,328,694 54 Cambridge Seven Associates 1,277,000 55 Nelson 1,254,686 56 Hnedak Bobo Group 1,205,000 57 Swanke Hayden Connell Architects 1,200,000 58 Ratio Architects 1,127,764 59 LS3P 1,052,598 60 Kirksey 967,711 61 Sherlock, Smith & Adams 934,000 62 CTA Architects Engineers 831,135 63 Leo A Daly 824,915 64 Hoffmann Architects 747,000 65 Epstein 740,000 66 PGAL 736,900 67 Environetics 655,268 68 NBBJ 544,000 69 Davis Brody Bond 522,616 70 ATA Beilharz Architects 495,285 71 Hoefer Wysocki Architecture 410,000 72 Adache Group Architects 400,000 73 BLDD Architects 390,000 74 P+R Architects 381,150 75 Moody Nolan 361,308 76 Poskanzer Skott 350,000 77 RNL 310,000 78 RSP Architects 264,000 79 Vocon 262,947 80 CASCO Diversified Corp. 225,000 81 Baskervill 218,225 82 Heery International 196,283 83 Becker Morgan Group 192,043 84 JRS Architect 185,000 85 H3 Hardy Collaboration Architecture 183,452 86 Ennead Architects 168,902 87 Wight & Company 161,000 88 Colkitt & Company 100,000 89 Ashley McGraw Architects 83,478 90 Integrus Architecture 59,840 91 Margulies Perruzzi Architects 48,409 92 KZF Design 26,017 93 TEG Architects 20,879 94 Harvard Jolly Architecture 17,585

 

 

Top Multifamily Engineering Firms

Rank Company 2013 Multifamily Revenue 1 AECOM Technology Corp. $121,890,000 2 URS Corp. 56,953,263 3 Parsons Brinckerhoff 36,412,208 4 WSP Group 24,860,000 5 Wiss, Janney, Elstner Associates 21,180,000 6 DeSimone Consulting Engineers 20,620,346 7 Jacobs 15,370,000 8 Thornton Tomasetti 14,452,161 9 Simpson Gumpertz & Heger 11,690,000 10 Magnusson Klemencic Associates 10,137,916 11 STV 8,519,000 12 Arup 6,211,364 13 KPFF Consulting Engineers 6,000,000 14 Bala Consulting Engineers 5,083,000 15 Dewberry 4,849,178 16 Interface Engineering 3,522,946 17 M-E Engineers 3,429,000 18 Martin/Martin 2,558,401 19 CTLGroup 2,330,000 20 Paulus, Sokolowski and Sartor 2,100,000 21 Glumac 1,779,976 22 Aon Fire Protection Engineering Corp. 1,700,000 23 AKF Group 1,642,000 24 Allen & Shariff 1,500,000 25 Vanderweil Engineers 1,494,000 26 KCI Technologies 1,300,000 27 RDK Engineers 1,240,000 28 Davis, Bowen & Friedel 1,176,676 29 Coffman Engineers 1,161,281 30 M/E Engineering 1,034,842 31 French & Parrello Associates 972,500 32 Graef 821,802 33 I. C. Thomasson Associates 810,000 34 SSOE Group 793,545 35 Smith Seckman Reid 784,137 36 TLC Engineering for Architecture 780,974 37 OLA Consulting Engineers 695,000 38 CJL Engineering 662,940 39 Spectrum Engineers 557,881 40 GHT Limited 510,000 41 Guernsey 417,874 42 RMF Engineering 400,000 43 H&A Architects & Engineers 400,000 44 Sparling 393,807 45 Karpinski Engineering 370,666 46 Walter P Moore and Associates 364,810 47 Joseph R. Loring & Associates 320,000 48 Barge Waggoner Sumner & Cannon 320,000 49 Stanley Consultants 301,510 50 Environmental Systems Design 290,666 51 Highland Associates 250,000 52 Wallace Engineering 233,000 53 Henderson Engineers 231,482 54 TTG 216,150 55 Zak Companies 188,814 56 G&W Engineering Corp. 178,400 57 Wick Fisher White 156,293 58 Newcomb & Boyd 133,995 59 Leidos 120,000 60 Apogee Consulting Group 96,875 61 Dunham Associates 50,000 62 P2S Engineering 31,535 63 Heapy Engineering 19,441 64 Total Building Commissioning 18,405 65 Brinjac Engineering 12,960

 

 

Top Multifamily Construction Firms

Rank Company 2013 Multifamily Revenue 1 Lend Lease $1,680,438,000 2 Clark Group 832,640,000 3 Balfour Beatty US 686,819,862 4 Plaza Construction 670,000,000 5 Swinerton Builders 503,250,000 6 Suffolk Construction 452,592,931 7 Adolfson & Peterson Construction 325,225,509 8 PCL Construction 287,254,951 9 Weis Builders 270,383,000 10 James McHugh Construction 264,613,678 11 Walsh Group, The 254,726,672 12 Turner Construction 244,990,000 13 Summit Contracting Group 240,984,366 14 Whiting-Turner Contracting Co., The 238,617,178 15 Batson-Cook 225,076,882 16 Tutor Perini Corp. 216,439,042 17 JE Dunn Construction 204,409,132 18 Harkins Builders 168,000,000 19 McShane Companies, The 164,546,476 20 Brasfield & Gorrie 163,127,667 21 Hunt Companies 148,155,000 22 Bernards 144,000,000 23 James G. Davis Construction 123,693,698 24 Kitchell Corp. 123,591,618 25 Skanska USA 118,105,783 26 Weitz Company, The 104,812,724 27 Gilbane 104,239,380 28 DPR Construction 102,599,861 29 Hensel Phelps 99,310,000 30 C.W. Driver 91,430,000 31 LeChase Construction Services 78,720,000 32 Power Construction 74,000,000 33 W. M. Jordan Company 72,475,701 34 Bette Companies, The 72,287,000 35 Ryan Companies US 57,491,712 36 URS Corp. 56,953,263 37 Structure Tone 50,290,000 38 Flintco 46,600,000 39 Douglas Company, The 45,166,765 40 Hoar Construction 44,342,000 41 Layton Construction 43,600,000 42 CORE Construction Group 42,926,217 43 Absher Construction 41,419,197 44 Hill International 40,000,000 45 HITT Contracting 36,700,000 46 Parsons Brinckerhoff 36,412,208 47 Walbridge 34,000,000 48 Paric Corp. 34,000,000 49 Robins & Morton 33,809,050 50 Hunt Construction Group 32,000,000 51 O'Neil Industries/W.E. O'Neil 31,098,921 52 Kraus-Anderson Construction 31,000,000 53 Yates Companies, The 29,600,000 54 Choate Construction 29,008,583 55 Manhattan Construction 25,932,000 56 Austin Commercial 25,565,808 57 Linbeck Group 21,000,000 58 Haselden Construction 19,911,322 59 Juneau Construction 19,007,317 60 Beck Group, The 18,964,678 61 Messer Construction 18,394,464 62 KBE Building Corp. 13,628,837 63 STV 8,519,000 64 Bomel Construction 7,894,058 65 LPCiminelli 7,437,315 66 Consigli Construction 5,542,121 67 IMC Construction 4,556,000 68 Pepper Construction 2,870,000 69 Coakley & Williams Construction 1,994,991 70 Allen & Shariff 1,500,000 71 Stalco Construction 1,010,000 72 EBCO General Contractor 895,700 73 JLL 840,400 74 S. M. Wilson & Co. 722,352 75 New South Construction 205,000 76 Heery International 196,283 77 Hill & Wilkinson 191,000

 

Read BD+C's full 2014 Giants 300 Report

Sign up for Building Design+Construction Newsletters