Campus 2, Apple Inc.'s proposed ring-shaped office facility in Cupertino, Calif., could cost $5 billion to build, according to a report by Bloomberg. Confidential souces told the publication that the budget has escalated since 2011, when a $3 billion price tag was predicted, and could reach more than $1,500/sf. The scale of the project has evolved over time; initally the building was only intended to accommodate 6,000 employees, vs. the current scope of 12,000 to 13,000.
Contributing to the high price is a design that calls for a façade incorporating 40-foot tall curved glass panes, imported from German firm Seele. The campus, created on land the company already owns, would be planted with 6,000 trees. In addition to the main building, the plan includes a corporate auditorium, fitness center, central plant, underground parking, and 300,000-sf research building.
The Building Team includes Foster + Partners as lead architect, and a joint venture of DPR Construction and Skanska USA Building as general contractor. A 2016 move-in date is projected, with demoliton of existing buildings on the site set to begin this summer.
Bloomberg quotes several shareholder sources who expressed trepidation about the cost of the project, in particular its innovative (and costly) use of curved glass. Apple execs say that Campus 2—part of the late Steve Jobs' dream for the company—will go forward. Apple will also continue to use its "Infinite Loop" headquarters, home to 2,800 employees.
The roof of the main building will hold 70,000 sf of solar panels, a key to the project's net-zero energy design. Other sustainable features will include high-efficiency fans, advanced daylighting, intensive plantings, and sustainable wood. Prefabricated, modular construction is anticipated as a key construction strategy.
(http://www.bloomberg.com/news/2013-04-04/apple-new-campus-cost-seen-jumping-to-5-billion-tech-correct-.html)
Related Stories
Multifamily Housing | May 1, 2015
Trade groups extend campaign to promote apartment living
The groups claim that there are more than 37 million Americans—12% of the population—living in just under 20 million apartment units nationwide. Apartments and their residents contribute $1.3 trillion annually to the economy.
Contractors | May 1, 2015
Nonresidential fixed investments fall in latest Construction Economic Update
This is the first time that nonresidential fixed investment declined since the first quarter of 2011, ABC reported. Nonresidential fixed investment had been rising by more than 4% on an annualized basis during five of the previous six quarters.
Architects | Apr 30, 2015
Safdie Architects accepting applications for 2015 Research Fellowship
The program, which features a theme of “dense urbanism,” encourages participants to tackle the challenges associated with contemporary urban landscapes using new tools and solutions to create a better functioning and humane city.
Museums | Apr 27, 2015
Finalists’ designs for Guggenheim Helsinki competition released
A custom-developed App engages an international public in the selection process.
Wood | Apr 26, 2015
Building wood towers: How high is up for timber structures?
The recent push for larger and taller wood structures may seem like an architectural fad. But Building Teams around the world are starting to use more large-scale structural wood systems.
Museums | Apr 23, 2015
Moshe Safdie unveils pentagonal scheme for National Medal of Honor Museum
The new museum near Charleston, S.C., will archive the history of the nation's highest military honorees.
Green | Apr 23, 2015
3 sustainable projects take top prize in 2015 Global Holcim Awards
Projects from Colombia, Sri Lanka, and the U.S. were chosen by the Holcim Foundation for the impact the projects have on their local communities.
High-rise Construction | Apr 23, 2015
Size matters in NYC, where several projects vie for the city’s tallest building honor
The latest renderings of 217 West 57th Street show a tower that would rise higher than the World Trade Center’s pinnacle, when elevations are included.
Multifamily Housing | Apr 22, 2015
Condo developers covet churches for conversions
Former churches, many of which are sitting on prime urban real estate, are being converted into libraries, restaurants, and with greater frequency condominiums.
High-rise Construction | Apr 22, 2015
Architects propose sustainable ‘vertical city’ in the Sahara
Designers aim to make the 1,476-foot tower sustainable, relying on rainwater collection, solar power, and geothermal energy.