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
| Dec 8, 2011
HDR opens office in Shanghai
The office, located in the Chong Hing Finance Center in Shanghai’s busy Huangpu District, will support HDR’s design efforts throughout Asia.
| Dec 8, 2011
HOK elevates the green office standard
Firm achieves LEED Platinum certification in New York office that overlooks Bryant Park.
| Dec 7, 2011
ACE Mentor Program receives Presidential Award for Excellence in Science, Math and Engineering Mentoring
Thornton Tomasetti founding principal Charles H. Thornton responsible for launching ACE.
| Dec 7, 2011
NSF International qualifies first wallcoverings distributor to the New American National Standard for Sustainable Wallcoverings
TRI-KES demonstrates leadership in environmental stewardship as the first distributor to earn qualification.
| Dec 7, 2011
DPR Foundation awards $590,000 to youth organizations
Grants will fund programs for disadvantaged kids across six states.
| Dec 7, 2011
Autodesk agrees to acquire Horizontal Systems
Acquisition extends and accelerates cloud-based BIM solutions for collaboration, data, and lifecycle management.
| Dec 7, 2011
ICS Builders and BKSK Architects complete St. Hilda’s House in Manhattan
The facility's design highlights the inherent link between environmental consciousness and religious reverence.
| Dec 6, 2011
Construction industry leaders gather for forum on diversity
Declared a “groundbreaking” event for the industry, Gilbane’s First Annual National Partners Council Forum addressed diversity and inclusion as well as building partnerships with minority, veteran, and women-owned businesses.
| Dec 6, 2011
Mortenson Construction completes Elk Wind Project in Iowa
By the end of 2011, Mortenson will have built 17 wind projects in the state generating a total of 1894 megawatts of renewable power.
| Dec 6, 2011
?ThyssenKrupp acquires Sterling Elevators Services
The acquisition of Sterling Elevator Services Corporation is the third acquisition completed by ThyssenKrupp Elevator AG in the last three months in North America.