Page and EYP announced that they have successfully closed a transaction that integrates the two design firms. Guided by similar values and culture, they will expand their services and geographic reach, working seamlessly across offices and disciplines. Together as one firm they will combine exceptional design rooted in architectural, engineering and consulting capabilities to make lives better.
“Bringing together our two firms allows us to work on increasingly complex projects that benefit from our expertise across disciplines and market sectors,” stated Thomas McCarthy, Page Chief Executive Officer. “Together, we’re bringing the most compelling, innovative designs and expertise to each project we pursue regardless of scope or location, and we’ll be able to invest in research and thought leadership to co-create with our clients.”
With a diverse, international portfolio—encompassing the academic; aviation; civic, community and culture; corporate and commercial; government; healthcare; housing and hospitality; industrial; life sciences; and science and technology sectors—the integrated firm of designers, architects and engineers will deliver high-performance designs that help clients measure, reduce, and offset carbon emissions. In addition, the firm will continue to promote equity and wellness with teams versed in practices like universal design, Design for Freedom, Well, Fitwel, and other strategies contributing to diversity and inclusion.
“Page and EYP both create designs that enhance people’s lives and communities,” stated Kef Mason, who served as interim chief executive officer at EYP, and has agreed to stay on with Page. “Combining our expertise is a winning formula for our clients and our employees. It offers us the ability to provide growth, mentorship, and training for our employees that translates to cutting-edge design in our projects. This agreement supports the natural growth trajectories and strategic vision for both firms by unifying our efforts to benefit our clients and staff.”
A spokesperson for Page says that EYP will operate as Page, but that the company is also exploring branding options that capitalize on the strengths of both firms.
In an unanimous decision by Page’s Board, Page submitted a successful bid for EYP’s assets on June 22. The combined firm will have more than 1,300 employees across the U.S., Latin America, and the Middle East.
BOTH FIRMS STRONG IN HEALTHCARE SECTOR
In April, EYP, with $149 million in liabilities, sought Chapter 11 bankruptcy protection from its creditors. The Albany, N.Y.-based firm reportedly had a $67.7 million “stalking horse” bid for its assets from the private equity firm Ault Alliance, according to Reuters and the Albany Times Union.
Last year, EYP, which was founded in 1972, generated $126.5 million in revenue, nearly $67 million of which came from healthcare design projects according to information provided by EYP for BD+C's annual GIANTS ranking. In 2021, EYP launched a sustainable landscape design practice, and opened an office in Orlando, Fla., its 11th.
Page, based in Houston, generated a total of $226.9 million in revenue in 2021, with $61.2 million coming from hospital design projects, and another $42.2 million from core-and-shell office building design. Over the past five years, Page has been working toward a goal of “Page/One,” with systems, processes, and procedures that allow the firm to deliver integrated designs that leverage firmwide capabilities. (Nearly $80 million of Page's revenue last year came from engineering services it provided.)
[Editor's note: Information about EYP's bankruptcy filing and the two firms' revenues was added after this story was posted.]
Related Stories
| Jan 21, 2011
Upscale apartments offer residents a twist on modern history
The Goodwynn at Town: Brookhaven, a 433,300-sf residential and retail building in DeKalb County, Ga., combines a historic look with modern amenities. Atlanta-based project architect Niles Bolton Associates used contemporary materials in historic patterns and colors on the exterior, while concealing a six-level parking structure on the interior.
| Jan 21, 2011
Research center built for interdisciplinary cooperation
The Jan and Dan Duncan Neurological Research Institute at Texas Children’s Hospital, in Houston, the first basic research institute for childhood neurological diseases, is a 13-story twisting tower in the center of the hospital campus.
| Jan 21, 2011
Music festival’s new home showcases scenic setting
Epstein Joslin Architects, Cambridge, Mass., designed the Shalin Liu Performance Center in Rockport, Mass., to showcase the Rockport Chamber Music Festival, as well at the site’s ocean views.
| Jan 21, 2011
GSA Recognizes the Best in Public Architecture
The U.S. General Services Administration recognized the best in public architecture and civilian federal workplaces at the 2010 GSA Design Awards in Washington, D.C. This year's 11 award winners showcase the federal government's commitment to cutting-edge architectural design and its focus on sustainability.
| Jan 20, 2011
Houston Dynamo soccer team plans new venue
Construction is scheduled to begin this month on a new 22,000-seat Major League Soccer stadium for the Houston Dynamo. The $60 million project is expected to be ready for the 2012 MLS season.
| Jan 20, 2011
Worship center design offers warm and welcoming atmosphere
The Worship Place Studio of local firm Ziegler Cooper Architects designed a new 46,000-sf church complex for the Pare de Sufrir parish in Houston.
| Jan 20, 2011
Construction begins on second St. Louis community center
O’Fallon Park Recreation Complex in St. Louis, designed by local architecture/engineering firm KAI Design & Build, will feature an indoor aquatic park with interactive water play features, a lazy river, water slides, laps lanes, and an outdoor spray and multiuse pool.
| Jan 20, 2011
Community college to prepare next-gen Homeland Security personnel
The College of DuPage, Glen Ellyn, Ill., began work on the Homeland Security Education Center, which will prepare future emergency personnel to tackle terrorist attacks and disasters. The $25 million, 61,100-sf building’s centerpiece will be an immersive interior street lab for urban response simulations.
| Jan 19, 2011
Industrial history museum gets new home in steel plant
The National Museum of Industrial History recently renovated the exterior of a 1913 steel plant in Bethlehem, Pa., to house its new 40,000-sf exhibition space. The museum chose VOA Associates, which is headquartered in Chicago, to complete the design for the exhibit’s interior. The exhibit, which has views of five historic blast furnaces, will feature artifacts from the Smithsonian Institution to illustrate early industrial America.
| Jan 19, 2011
Baltimore mixed-use development combines working, living, and shopping
The Shoppes at McHenry Row, a $117 million mixed-use complex developed by 28 Walker Associates for downtown Baltimore, will include 65,000 sf of office space, 250 apartments, and two parking garages. The 48,000 sf of main street retail space currently is 65% occupied, with space for small shops and a restaurant remaining.
