NAIOP Design Competition: “The Office Building of the Future”

NAIOP invites member architectural firms to participate in an inaugural competition featuring the design and operations of an office building to be opened in 2020. Four firms will be selected and invited to present their concept at Development ’12: The Annual Meeting for Commercial Real Estate, October 23 – 25, 2012, in Washington, D.C.

Read full details of the competition and submission procedures. Proposals are to be submitted by 5 p.m. (ET) on Friday, March 16, 2012.

If your company is planning to enter this inaugural design competition, please send a confirmation e-mail to designcomp@naiop.org by Friday, February 17, noting your intent to participate.

Required Design Proposal components include:

  • Summary of Concept Plan
  • Vision/Concept Plan
  • Site Plan View(s)
  • Perspective Sketches
  • Hard Cost Budget Estimate
  • Company Description
  • Project Team Resumes
  • Sample Presentation Video
  • Speaker Information Form
  • References

The four winning firms will each receive one complimentary full conference registration and designate a representative to present their plans during a conference general session. Additionally, the winning entries will be featured in NAIOP’s Development magazine.

Read the description and requirements for the “The Office Building of the Future” Design Competition. Contact NAIOP with questions at designcomp@naiop.org.


Commercial Real Estate’s Positive Economic Contributions Despite Spending Decline

Commercial real estate development and construction is a perpetual and valuable economic engine, with spending and directly related outlays generating a significant financial impact despite slowed growth and the nation’s economic strain, says a new report issued by the NAIOP Research Foundation.

The compounded economic impact of commercial development and construction spending reached $231.7 billion in 2010:

  • $120.2 billion in hard costs (actual construction costs) 
  • $111.5 billion in soft costs (architecture, engineering, marketing, legal, management), site development and tenant improvements
  • $1.86 billion in building operations (maintenance, repair, custodial services, utilities and management)

Total construction spending fell in 2010 for a fourth consecutive year, reflecting both the length and depth of the economic contraction of the national economy. Construction hard costs took the biggest hit, with spending for office, industrial, warehouse and retail totaling $41.7 billion – down 53.2 percent from 2007.  A total of 228.4 million square feet of building space was added to the inventory – a decrease of 72.8 percent compared to 2007. 

Click here for the full release

City Proposing Expanded Use of Marquee Signage

By: REBIC 

Charlotte’s planning staff has proposed an amendment to the zoning ordinance that would amend the definition of a marquee sign, permit their use on commercial buildings in the MUDD (Mixed-Use) district, and remove a restriction on their use in UMUD districts. 

For the full article click here: http://bit.ly/w2HU7z

State Building Code Effective Dates

By: REBIC

At its December meeting, the North Carolina Building Code Council met in Raleigh and voted to delay the required use of all 2012 building codes, except for the Electrical Code, until June 1, 2012. The change was made because of the limited availability of the Residential and Energy Code books, as well as the need to simplify the certification process for code officials. It was later determined, however, that state law mandates the use of the new codes by March 1, even though no code books are expected to be available by that time.

For the full article click here: http://bit.ly/zoxDOo