Commercial Property Executive January 2015 : Page 40

Development Boston Properties Inc.’s 888 Boylston St. (above) in Boston will be a candidate for LEED Platinum certification. Right : 150 North Riverside, a 1.4 million-square-foot tower being developed by O’Donnell Investment Co. in Chicago’s West Loop. munity values and prospective tenants’ re-“to attract the best and brightest, get the best sources, said Steven Nilles, an architect with ideas out of people, communicate their busi-Chicago-based Goettsch Partners Inc. “You ness and support flexibility,” said Kaplan. To-really have to factor in the sustainability as-ward that end, the new breed of Class A-plus pect early on to see what that all means at the buildings is marked by precision machining, end of the day,” he advised. artisanship and minimalism. A case in point: Today’s office occupants are driving design 3 Hudson Boulevard, the Moinian Group’s out of the box it occupied for more than 30 planned 1.8 million-square-foot tower on the years. For a growing number of tenants, the West Side of Manhattan. expectation is for an entire community rich Kaplan’s design specifies 48,000-square-in amenities, rather than office space alone. foot floor plates on the podium level; 30,000-Every corporate project on KDC’s drawing to 34,000-square-foot, column-free floor board includes retail, plates in the office multi-family rental hous-tower; 11-foot-high The Gen Y FacTor ing and a single-family ceilings; and floor-residential component, to-ceiling windows. office Design & Millennials Grove reported. That’s (For more on how true not just in KDC’s the Millennial gen-hometown, Dallas, but in Southeastern and eration is shaping office design, click the but-Southwestern suburbs generally. ton above.) Corporate clients are opting for covered parking and larger floor plates of 30,000 to Core Values 45,000 square feet. Also newly in vogue are Density—a favorite term of developers and flexibility, density and height—up to 20 sto-architects—means more than smaller work-ries. Today’s office buildings are “designed to spaces. It also means upgraded infrastruc-be multi-tenantable … (and) to be repurposed ture, HVAC, floor loads and natural light, all if and when necessary,” Grove explained. of which add up to better-quality space and Corporate occupants view design as a way improved working conditions, Kaplan noted. : Developers of office high-rises can pick from two basic blueprints for elevators, rest-rooms, HVAC systems and stairways. Cen-ter-core buildings offer the best way to subdi-vide space and host multiple tenants, Kaplan explained. Side-core design places services and functions to one side, creating huge open spaces but reducing flexibility. Efficiency looms large for constrained sites, like 150 North Riverside, O’Donnell Invest-ment Co.’s $500 million project in Chicago’s West Loop. Springing up from a site only 47 feet wide, the building will nevertheless offer nearly 1.4 million square feet of space. To make 150 North Riverside feasible, Goettsch Partners is relying on techniques that will be invisible to most tenants. Full-des-tination dispatch controls allow an efficient grouping of elevators “in order to get a project of that scope and size to go out of a core so narrow,” Nilles noted. Tenants in Chicago are also looking for rough but stylish touches, such as unfinished ceilings, he related. And even as more tenants favor open space, the perimeter office is still in the mix. As Nilles sums it up: “You’re get-ting everything you had before, but the tenant market is changing a little bit.” 40 January 2015 | Commercial Property Executive

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