While the return-to-the-office trend is felt across the country, the percentage of employees moving back to their offices varies significantly according to geography, according to Eptura’s Q3 Workplace Index.
The business software company’s most recent study compared the numbers of third quarter office desk bookings in 2022 to those tallied in 2023. The findings:
- Dallas desk bookings grew 72%
- New York City desk bookings grew 58%
- Chicago desk bookings grew 52%
- San Francisco desk bookings grew 26%
Office occupancy is top of mind for many CEOs, with 74% of operational leaders reporting to their CEOs on occupancy metrics at least quarterly and 40% reporting to CEOs monthly. When asked what would make them want to use their workplace more, employees cited more opportunities for socialization and better technology. The top three most selected responses were:
- More social areas such as cafes and outdoor spaces at 45%
- Better technology like collaboration and scheduling software at 38%
- More recreational areas like pool tables and table football at 34%
The survey also found that many organizations are adopting automation to enhance efficiency. The top uses for building systems automation were:
- Lighting control to reduce energy consumption (87%)
- Security systems to monitor and control access (83%)
- HVAC systems to monitor temperatures and reduce energy costs (83%)
- Fire and life safety systems to detect and respond to emergencies (74%)
Related Stories
Market Data | Sep 21, 2018
JLL fit out report portrays a hot but tenant-favorable office market
This year’s analysis draws from 2,800 projects.
Market Data | Sep 21, 2018
Mid-year forecast: No end in sight for growth cycle
The AIA Consensus Construction Forecast is projecting 4.7% growth in nonresidential construction spending in 2018.
Market Data | Sep 19, 2018
August architecture firm billings rebound as building investment spurt continues
Southern region, multifamily residential sector lead growth.
Market Data | Sep 18, 2018
Altus Group report reveals shifts in trade policy, technology, and financing are disrupting global real estate development industry
International trade uncertainty, widespread construction skills shortage creating perfect storm for escalating project costs; property development leaders split on potential impact of emerging technologies.
Market Data | Sep 17, 2018
ABC’s Construction Backlog Indicator hits a new high in second quarter of 2018
Backlog is up 12.2% from the first quarter and 14% compared to the same time last year.
Market Data | Sep 12, 2018
Construction material prices fall in August
Softwood lumber prices plummeted 9.6% in August yet are up 5% on a yearly basis (down from a 19.5% increase year-over-year in July).
Market Data | Sep 7, 2018
Safety risks in commercial construction industry exacerbated by workforce shortages
The report revealed 88% of contractors expect to feel at least a moderate impact from the workforce shortages in the next three years.
Market Data | Sep 5, 2018
Public nonresidential construction up in July
Private nonresidential spending fell 1% in July, while public nonresidential spending expanded 0.7%.
Market Data | Aug 30, 2018
Construction in ASEAN region to grow by over 6% annually over next five years
Although there are disparities in the pace of growth in construction output among the ASEAN member states, the region’s construction industry as a whole will grow by 6.1% on an annual average basis in the next five years.