Two global design firms focused on interiors are joining forces via a strategic partnership. IA | Interior Architects, which BD+C’s 2019 GIANTS list ranked 11th for architectural revenue, will share resources with Space Matrix, with project experience in over 80 cities, in a Global Studio that connects over 1,400 professionals across 37 locations worldwide.
This partnership will allow the firms—which continue to operate as separate entities—to jointly serve clients in more than 60 countries and over 500 cities. The firms will be completing projects, sharing research, and hosting joint think tanks to expand their expertise and drive innovation.
The two companies had been working on this partnership since last July. “It was important to spend significant time with each other to ensure that our values, culture and business were aligned before formalizing our agreement,” David Bourke, Co-CEO and president at IA, states in an email response to BD+C’s questions. The partnership was scheduled to launch earlier this year, but got postponed by the coronavirus outbreak.
Bourke explains that the partnership, and the global reach it provides both firms, make even more sense because of the pandemic. “This is extremely powerful during a time when international travel, and travel in general, is restricted but projects continue to be designed and delivered for clients. Even in more normal times this will still be true, as there is no substitute for local knowledge and data. Project delivery is complicated, and we believe that by engaging IA Space Matrix, clients will gain a more sustainable and satisfying product.”
From left: David Bourke, Co-CEO and President, IA | Interior Architects; Arsh Chaudhry, CEO, Space Matrix; Tom Powers, Co-CEO and President, IA | Interior Architects.
THE ALLIANCE SPANS THE GLOBE
IA | Interior Architects was founded in 1984, and is employee owned. It claims to be the world’s largest architectural firm focused on interiors. Space Matrix, founded in 2001, has a three-pronged business model that encompasses workplace strategy, interior design, and design-build.
Through the strategic partnership, the firms wanted to create a different delivery model “where we were highly invested in each other” and not just a “loose alliance,” says Bourke. IA has a strong presence in the Americas, Europe, the Middle East, and Africa. Space Matrix has similar strength in Asia Pacific, “so there is no overlap in geography or ambitions” that might impede the goal of offering clients an organized delivery process, says Bourke.
He adds that the firms are aligned in other ways: shared clients, a commitment to design excellence and R&D, and complimentary market portfolios. Both firms have also invested in reimagining design technologies, “which we believe provides enhanced value for our clients creating a competitive advantage,” says Bourke.
Related Stories
| Oct 10, 2014
A new memorial by Zaha Hadid in Cambodia departs from the expected
The project sees a departure from Hadid’s well-known use of concrete, fiberglass, and resin. Instead, the primary material will be timber, curved and symmetrical like the Angkor Wat and other Cambodian landmarks.
| Oct 9, 2014
Regulations, demand will accelerate revenue from zero energy buildings, according to study
A new study by Navigant Research projects that public- and private-sector efforts to lower the carbon footprint of new and renovated commercial and residential structures will boost the annual revenue generated by commercial and residential zero energy buildings over the next 20 years by 122.5%, to $1.4 trillion.
| Oct 9, 2014
More recession-postponed design projects are being resurrected, says AIA
About three quarters of the estimated 700 firms that serve as panelists on AIA’s Architectural Billings Index (ABI) had delayed or canceled major design projects in response to recessionary pressures. Nearly one-third of those firms now say they have since restarted stalled projects.
| Oct 9, 2014
Steven Holl's 'intersecting spheres' scheme for Taipei necropolis gets green light
The schematic design has been approved for the 50 000-sm Arrival Hall and Oceanic Pavilion for the Taiwan ChinPaoSan Necropolis.
| Oct 9, 2014
Beyond the bench: Meet the modern laboratory facility
Like office workers escaping from the perceived confines of cubicles, today’s scientists have been freed from the trappings of the typical lab bench, writes Perkins+Will's Bill Harris.
| Oct 8, 2014
New tools for community feedback and action
Too often, members of a community are put into a reactive position, asked for their input only when a major project is proposed. But examples of proactive civic engagement are beginning to emerge, write James Miner and Jessie Bauters.
| Oct 8, 2014
Massive ‘healthcare village’ in Nevada touted as world’s largest healthcare project
The $1.2 billion Union Village project is expected to create 12,000 permanent jobs when completed by 2024.
| Oct 8, 2014
First look: Woods Bagot unveils plans for new Christchurch Convention Center
The locally-inspired building is meant to serve as a symbol of the city's recovery from the earthquake of 2011.
| Oct 8, 2014
Denver transit project wins design-build Project of the Year honor
The Denver Union Station Transit Improvement Project is among 25 projects honored by the Design Build Institute of America for excellence in design-build project delivery.
| Oct 7, 2014
Analysis: Student loans will cost housing industry $83 billion in 2014
More than 410,000 single- and multifamily home sales will be lost in 2014 due to student loan debt, according to analysis by John Burns Real Estate Consulting.
