flexiblefullpage
billboard
interstitial1
catfish1
Currently Reading

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

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

AEC firms are delivering projects that cater to consumers seeking reasonably priced rentals in hot urban markets.


By Raissa Rocha, Associate Editor | August 6, 2014
SkyHouse Orlando is a 23-story, 320-unit residential tower located adjacent to a
SkyHouse Orlando is a 23-story, 320-unit residential tower located adjacent to a public bus route and near a proposed commuter r

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

Related Stories

Architects | Feb 27, 2023

Hord Coplan Macht announces retirement of Founder/CEO Lee Coplan, FAIA, and names successor

Hord Coplan Macht, an award-winning integrated architecture, interior design, landscape architecture, and planning firm, announces the retirement of Founder and Chief Executive Officer Lee Coplan, FAIA. Lee leaves behind a long and celebrated career leading the practice over the last four decades while bringing innovative design strategies and leadership to the architecture and design community.

Libraries | Feb 26, 2023

A $17 million public library in California replaces one that was damaged in a 2010 earthquake

California’s El Centro community, about two hours east of San Diego, recently opened a new $17 million public library. With design by Ferguson Pape Baldwin Architects and engineering services by Latitude 33 Planning & Engineering, the 19,811-sf building replaces the previous library, which was built in the early 1900s, damaged by a 7.2 earthquake that struck Baja California in 2010, and demolished in 2016.

Architects | Feb 24, 2023

7 takeaways from HKS’s yearlong study on brain health in the workplace

Managing distractions, avoiding multitasking, and cognitive training are key to staff wellbeing and productivity, according to a yearlong study of HKS employees in partnership with the University of Texas at Dallas’ Center for BrainHealth.

University Buildings | Feb 23, 2023

Johns Hopkins shares design for new medical campus building named in honor of Henrietta Lacks

In November, Johns Hopkins University and Johns Hopkins Medicine shared the initial design plans for a campus building project named in honor of Henrietta Lacks, the Baltimore County woman whose cells have advanced medicine around the world. Diagnosed with cervical cancer, Lacks, an African-American mother of five, sought treatment at the Johns Hopkins Hospital in the early 1950s. Named HeLa cells, the cell line that began with Lacks has contributed to numerous medical breakthroughs.

Arenas | Feb 23, 2023

Using data to design the sports venue of the future

Former video game developer Abe Stein and HOK's Bill Johnson discuss how to use data to design stadiums and arenas that keep fans engaged and eager to return.

Museums | Feb 22, 2023

David Chipperfield's 'subterranean' design wins competition for National Archaeological Museum in Athens

Berlin-based David Chipperfield Architects was selected as the winner of the design competition for the new National Archaeological Museum in Athens. The project will modernize and expand the original neoclassical museum designed by Ludwig Lange and Ernst Ziller (1866-1874) with new spaces that follow the existing topography of the site. It will add approximately 20,000 sm of space to the existing museum, as well as a rooftop park that will be open to the public.

Multifamily Housing | Feb 21, 2023

Watch: DBA Architects' Bryan Moore talks micro communities and the benefits of walkable neighborhoods

What is a micro-community? Where are they most prevalent? What’s the future for micro communities? These questions (and more) addressed by Bryan Moore, President and CEO of DBA Architects. 

Healthcare Facilities | Feb 21, 2023

Cleveland's Glick Center hospital anchors neighborhood revitalization

The newly opened MetroHealth Glick Center in Cleveland, a replacement acute care hospital for MetroHealth, is the centerpiece of a neighborhood revitalization. The eleven-story structure is located within a ‘hospital-in-a-park’ setting that will provide a bucolic space to the community where public green space is lacking. It will connect patients, visitors, and staff to the emotional and physical benefits of nature.

Multifamily Housing | Feb 21, 2023

Multifamily housing investors favoring properties in the Sun Belt

Multifamily housing investors are gravitating toward Sun Belt markets with strong job and population growth, according to new research from Yardi Matrix. Despite a sharp second-half slowdown, last year’s nationwide $187 billion transaction volume was the second-highest annual total ever.

Multifamily Housing | Feb 21, 2023

New multifamily housing and mixed-use buildings in Portland, Ore., must be ready for electric vehicle charging

The Portland, Ore., City Council recently voted unanimously to require all new residential and mixed-use buildings to be ready for electric vehicle charging. The move amends Portland’s zoning laws to require all new multi-dwelling and mixed-use development of five or more units with onsite parking to provide electric vehicle charging infrastructure.

boombox1
boombox2
native1

More In Category

Warehouses

California bill would limit where distribution centers can be built

A bill that passed the California legislature would limit where distribution centers can be located and impose other rules aimed at reducing air pollution and traffic. Assembly Bill 98 would tighten building standards for new warehouses and ban heavy diesel truck traffic next to sensitive sites including homes, schools, parks and nursing homes.




halfpage1

Most Popular Content

  1. 2021 Giants 400 Report
  2. Top 150 Architecture Firms for 2019
  3. 13 projects that represent the future of affordable housing
  4. Sagrada Familia completion date pushed back due to coronavirus
  5. Top 160 Architecture Firms 2021