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
| Oct 19, 2011
THOUGHT LEADER: Samuel S. Unger, RA, MCR, SLCR, MBA, is the Americas Real Estate Leader for Ernst & Young, LLP
Samuel S. Unger, RA, MCR, SLCR, MBA, is the Americas Real Estate Leader for Ernst & Young, LLP, Atlanta. He also serves as president of the CoreNet Global Atlanta chapter. In addition to managing 6.8 million square feet of real estate in North and South America, his responsibilities include real estate strategy for area practices, management of external professional alliances, requirements definition, business case development and approval, real estate negotiation and lease development, and oversight of construction projects for the portfolio. He holds a bachelor’s degree from Harvard College, an MLA and MArch from the University of Pennsylvania, and an MBA from Temple University.
| Oct 19, 2011
Another drop for Architecture Billings Index
Positive conditions seen last month were more of an aberration.
| Oct 19, 2011
System for installing grease duct enclosures achieves UL listing
Updated installation results in 33% space savings.
| Oct 18, 2011
Michel Bruneau wins 2012 AISC T.R. Higgins Award
The AISC T.R. Higgins Lectureship Award is presented annually by the American Institute of Steel Construction (AISC) and recognizes an outstanding lecturer and author whose technical paper(s) are considered an outstanding contribution to the engineering literature on fabricated structural steel.
| Oct 18, 2011
Dow Building Solutions invests in two research facilities to deliver data to building and construction industry
State-of-the-art monitoring system allows researchers to collect, analyze and process the performance of wall systems.
| Oct 18, 2011
Architectural leaders join Gehry to form strategic alliance
Alliance dedicated to transforming the building industry through technology.
| Oct 18, 2011
St. Martin’s Episcopal School expands facilities
Evergreen commences construction on environmentally sustainable campus expansion.
| Oct 17, 2011
THOUGHT LEADER: Allan Bilka, Senior Staff Architect and Secretariat to the IGCC
Allan Bilka, RA, is a Senior Staff Architect and Secretariat to the International Green Construction Code (IgCC) with the International Code Council, based in the ICC’s Chicago district office. He also serves as staff liaison to the ICC-700 National Green Building Standard. He has written several ICC white papers on green building and numerous green-related articles for the ICC. A registered architect, Bilka has over 30 years of combined residential design/build and commercial consulting engineering experience.
