flexiblefullpage
billboard
interstitial1
catfish1
Currently Reading

Projected cost for Apple's Campus 2 balloons to $5 billion

Projected cost for Apple's Campus 2 balloons to $5 billion

Ring-shaped Cupertino building would be 2.8 million square feet and would accommodate more than 12,000 workers.


By BD+C Staff | April 5, 2013
Courtesy Foster + Partners
Courtesy Foster + Partners

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

| Jul 1, 2013

Report: Global construction market to reach $15 trillion by 2025

A new report released today forecasts the volume of construction output will grow by more than 70% to $15 trillion worldwide by 2025.

| Jul 1, 2013

Elizabeth Chu Richter, FAIA, elected 2015 AIA President

Delegates to the American Institute of Architects (AIA) national convention in Denver elected Elizabeth Chu Richter (AIA Corpus Christi) to serve as the 2014 AIA first vice president/president-elect and 2015 AIA president.

| Jun 28, 2013

Calculating the ROI of building enclosure commissioning

A researcher at Lawrence Berkeley National Laboratory calls building enclosure commissioning “the single-most cost-effective strategy for reducing energy, costs, and greenhouse gas emissions in buildings today.”

| Jun 28, 2013

A brief history of windows in America

Historic window experts from Hoffmann Architects look back at the origin of windows in the U.S.

| Jun 28, 2013

Building owners cite BIM/VDC as 'most exciting trend' in facilities management, says Mortenson report

A recent survey of more than 60 building owners and facility management professionals by Mortenson Construction shows that BIM/VDC is top of mind among owner professionals. 

| Jun 27, 2013

Thermal, solar control designs can impact cooling loads by 200%, heating loads by 30%

Underestimating thermal bridging can greatly undermine a building’s performance contributing to heating load variances of up to 30% and cooling load variances of up to 200%, says the MMM Group.

| Jun 26, 2013

New York’s ‘Scaffold Law’ may be altered to place larger burden on workers

New York's Scaffold Law, which “places the burden of responsibility on the contractor to prove that the job site was safe for workers,” could be facing a major change.

| Jun 26, 2013

Commercial real estate execs eye multifamily, retail sectors for growth, says KPMG report

The multifamily, retail, and hospitality sectors are expected to lead commercial building growth, according to the 2013 KPMG Commercial Real Estate Outlook Survey. 

| Jun 25, 2013

Mirvish, Gehry revise plans for triad of Toronto towers

A trio of mixed-use towers planned for an urban redevelopment project in Toronto has been redesigned by planners David Mirvish and Frank Gehry. The plan was announced last October but has recently been substantially revised.

| Jun 25, 2013

First look: Herzog & de Meuron's Jade Signature condo tower in Florida

Real estate developer Fortune International has released details of its new Jade Signature property, to be developed in Sunny Isles Beach near Miami. The luxury waterfront condo building will include 192 units in a 57-story building near high-end retail destinations and cultural venues.  

boombox1
boombox2
native1

More In Category

Construction Costs

Data center construction costs for 2024

Gordian’s data features more than 100 building models, including computer data centers. These localized models allow architects, engineers, and other preconstruction professionals to quickly and accurately create conceptual estimates for future builds. This table shows a five-year view of costs per square foot for one-story computer data centers. 


Sustainability

Grimshaw launches free online tool to help accelerate decarbonization of buildings

Minoro, an online platform to help accelerate the decarbonization of buildings, was recently launched by architecture firm Grimshaw, in collaboration with more than 20 supporting organizations including World Business Council for Sustainable Development (WBCSD), RIBA, Architecture 2030, the World Green Building Council (WorldGBC) and several national Green Building Councils from across the globe.



Healthcare Facilities

Watch on-demand: Key Trends in the Healthcare Facilities Market for 2024-2025

Join the Building Design+Construction editorial team for this on-demand webinar on key trends, innovations, and opportunities in the $65 billion U.S. healthcare buildings market. A panel of healthcare design and construction experts present their latest projects, trends, innovations, opportunities, and data/research on key healthcare facilities sub-sectors. A 2024-2025 U.S. healthcare facilities market outlook is also presented.

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