New data released from CoreNet Global shows the average allocation of office space per person in North America will fall to 100 sf or below within the next five years.
By 2017, at least 40% of the companies responding indicated they will reach this all-time low benchmark of individual space utilization. This has been the case in Europe for the past several years but is now heading for the Americas.
The average for all companies for square feet per worker in 2017 will be 151 sf, compared to 176 sf, and 225 sf in 2010.
"The main reason for the declines," said Richard Kadzis, CoreNet Global's Vice President of Strategic Communications, "is the huge increase in collaborative and team-oriented space inside a growing number of companies that are stressing 'smaller but smarter' workplaces against the backdrop of continuing economic uncertainty and cost containment."
Today, just 24% of the respondents reported that the average space per office worker is 100 sf or less; however, 40% reported that within five years, the average space per office worker would be 100 sf or less.
It is clear that the amount of space dedicated solely to specific employees is shrinking. A majority of the respondents, 55%, reported that square feet per worker has already decreased between 5 and 25% over the last five years.
"There are number of additional factors contributing to the decline in the amount of space per worker," said Kadzis. "More companies are adopting open floor plans in which employees do not have any permanently designated space at all; rather they use unassigned space when they are in the office, settings that often change daily. This trend is enabled by technology and by cost measures, as they require smaller foot prints."
The CoreNet Global benchmark survey was conducted in February 2012. More than 465 global managers of corporate real estate responded. BD+C
Related Stories
| Jun 13, 2012
Free webinar on Designing and Building Green Schools scheduled for June 20
USGBC Center for Green Schools and other experts to present practical tips.
| Jun 13, 2012
GAF’s Roving Truck promotion coming to your town soon
Professional roofing contractors or builders/remodelers in the U.S. can enter to win a Ford F-150 truck.
| Jun 13, 2012
Is it time to stop building convention centers?
Over the last 20 years, convention space in the United States has increased by 50%; since 2005, 44 new convention spaces have been planned or constructed in this country alone.
| Jun 13, 2012
Steven L. Newman Real Estate Institute to hold energy asset conference for property owners, senior real estate managers
Top-level real estate professionals have been ignored as the industry has pushed to get sustainability measures in place.
| Jun 12, 2012
SAC Federal Credit Union selects LEO A DALY to design corporate headquarters
LEO A DALY also provided site selection, programming and master planning services for the project over the past year.
| Jun 12, 2012
Restoration Millwork exterior trim achieves GreenCircle certification
Made from cellular polyvinyl chloride, the full line of Restoration Millwork trim, beadboard and accessories is engineered to look, feel and work like top-grade lumber.
| Jun 12, 2012
Piché joins C.W. Driver as director of business development
Piché will expand upon project opportunities for firm’s Southern California operations.
| Jun 12, 2012
BCA Architects transforms Anaheim schools into dynamic learning environments
BCA Architects was selected to update the district's long-range master plan.
| Jun 11, 2012
Survey reveals emerging trends in parking
Industry-transforming innovations are changing the way we park.
| Jun 11, 2012
Buro Hapold hires new principal Neil Porto
Porto brings a broad depth of expertise in civil and structural engineering to new and existing projects.
