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

| Jan 4, 2011

New Years resolutions for architects, urban planners, and real estate developers

Roger K. Lewis, an architect and a professor emeritus of architecture at the University of Maryland, writes in the Washington Post about New Years resolutions he proposes for anyone involved in influencing buildings and cities. Among his proposals: recycle and reuse aging or obsolete buildings instead of demolishing them; amend or eliminate out-of-date, obstructive, and overly complex zoning ordinances; and make all city and suburban streets safe for cyclists and pedestrians.

| Jan 4, 2011

An official bargain, White House loses $79 million in property value

One of the most famous office buildings in the world—and the official the residence of the President of the United States—is now worth only $251.6 million. At the top of the housing boom, the 132-room complex was valued at $331.5 million (still sounds like a bargain), according to Zillow, the online real estate marketplace. That reflects a decline in property value of about 24%.

| Jan 4, 2011

Luxury hotel planned for Palace of Versailles

Want to spend the night at the Palace of Versailles? The Hotel du Grand Controle, a 1680s mansion built on palace grounds for the king's treasurer and vacant since the French Revolution, will soon be turned into a luxury hotel. Versailles is partnering with Belgian hotel company Ivy International to restore the dilapidated estate into a 23-room luxury hotel. Guests can live like a king or queen for a while—and keep their heads.

| Jan 4, 2011

Grubb & Ellis predicts commercial real estate recovery

Grubb & Ellis Company, a leading real estate services and investment firm, released its 2011 Real Estate Forecast, which foresees the start of a slow recovery in the leasing market for all property types in the coming year.

| Jan 4, 2011

Furniture Sustainability Standard - Approved by ANSI and Released for Distribution

BIFMA International recently announced formal American National Standards Institute (ANSI) approval and release of the ANSI/BIFMA e3-2010 Furniture Sustainability Standard. The e3 standard represents a structured methodology to evaluate the "sustainable" attributes of furniture products and constitutes the technical criteria of the level product certification program.

| Jan 3, 2011

Chicago Architectural Foundation’s media expert takes all 85 tours in one year

Jennifer Lucente, the social media expert at the Chicago Architecture Foundation has completed her year of taking tours—taking all 85 tours in 2010. The challenge that began last January with a tour of the Board of Trade building has ended today with the architecture foundation’s newest tour:  Razzle Dazzle – featuring the Loop theater district followed by a celebration at the Chicago Theatre.

| Dec 28, 2010

Project of the Week: Community college for 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.

| Dec 20, 2010

Architect Adrian D. Smith on zero-energy cities, new technologies, and high density.

Adrian D. Smith, FAIA, RIBA, is co-founder (with Gordon Gill) of Adrian Smith + Gordon Gill Architecture, Chicago. Previously, he was a design partner in the Chicago office of Skidmore, Owings & Merrill (1980-2003) and a consulting design partner from 2004 to 2006. His landmark structures include the Jin Mao Tower (Shanghai), Rowes Wharf (Boston), and Burj Khalifa (Dubai, U.A.E.), the world’s tallest structure. He recently collaborated with Gordon Gill to design the world’s first net-zero-energy skyscraper, Pearl River Tower, now nearing completion in Guangzhou, China. This account is based on his recent remarks at the Illinois Institute of Technology.

| Dec 17, 2010

BIM Tools Enhance Project Value

The Building Team for a renovation project at Georgia Tech uses BIM and 3D design tools to solve a complex millwork problem.

boombox1
boombox2
native1

More In Category

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