Currently Reading

CannonDesign expands its presence in Colorado with BWG acquisition

Engineers

CannonDesign expands its presence in Colorado with BWG acquisition

Future mergers could be in the offing.


By John Caulfield, Senior Editor | November 2, 2017

Colorado State University's 121,600-sf Behavioral Sciences Building in Fort Collins is one of the many higher education projects that Bennett Wagner Grody has worked on. Image: BWG

Growth-minded AEC firm CannonDesign announced this morning that it will merge with Denver-based Bennett Wagner Grody Architects (BWG), a 28-year AE firm with portfolio strengths in the K-12, Higher Education, and healthcare sectors.

This alliance gives CannonDesign its first office in Colorado, and represents its second acquisition within the past few months. In September, Cannon announced that it was joining forces with Houston-based design firm FKP, whose expertise extends to healthcare, science and technology.

CannonDesign did not disclose the terms of its agreement with BWG. But Brad Lukanic, AIA, who took over as CannonDesign’s CEO 15 months ago, indicated that this deal is part of his 102-year-old company’s larger ambitions to expand by linking with strategic partners. “We’re in the mode of looking at how our practice is evolving,” he tells BD+C. “The two recent mergers are key steps” in CannonDesign’s growth framework, and are expected to help the company expand its position in the education and S+T sectors.

 

Brad Lukanic, CannonDesign's CEO, says his company intends to continue growing organically and through mergers with strategic partners. Image: courtesy of CannonDesign

 

Don Grody, AIA, a founding partner at BWG, says that about a year ago his firm started thinking about its future within a consolidating AE industry, too. It concluded that prosperity hinged on locating the right partner firm. He says the company worked up a list of 200 AE firms, and targeted 20 of them with an information piece about BWG. “CannonDesign was one of the firms that responded positively to BWG as well as to the Colorado market.”

Grody says the merger “allows us to harness new services and expertise to help our clients leverage the built environment to improve performance and create stronger futures. It gives us a very distinct perspective in the industry.”

CannonDesign has coveted a bigger presence in Denver “for a very long time,” says Lukanic. BWG’s recent projects in the state include Colorado State University’s Behavioral Sciences Building, Colorado Mesa University’s Engineering Building, and numerous projects with Kaiser Permanente. CannonDesign’s work in Colorado includes the renovation and expansion of the University of Colorado at Boulder’s Student Recreation Center, the expansion of the University of Colorado Hospital’s Anschutz Inpatient Pavilion, and the U.S. Air Force Academy’s Holaday Athletic Center.

 

Don Grody, one of BWG's founding principals, is in charge of innovation, quality planing, and excellence at his firm. Image: courtesy of CannonDesign

 

BWG’s management team, including its three principals, is staying on with the company. BWG will operate as Bennett Wagner Grody Architects | CannonDesign, and while its brand will eventually disappear, that transition process “could be fairly long,” predicts Lukanic, because Cannon Design doesn’t want to lose any of BWG’s marketing cachet.

Once its merger with BWG is completed, CannonDesign will have nearly 1,000 employees working in 19 offices in North America and abroad.

As for future expansion, Lukanic says CannonDesign is tracking markets where populations are growing and where its core business sectors are strong. He points specifically to Texas as an area where the firm wants to be a bigger player, and to construction services as an area for potential increased business.

He says that CannonDesign is also looking at “a few key international markets” for expansion, both within and outside of North America.

Lukanic believes that, by operating multiple offices, CannonDesign has a better shot at attracting and retaining the “emerging leaders” it will need to be successful in the future. Its geographic diversity “gives our people more lifestyle options.”

Related Stories

Multifamily Housing | Sep 1, 2021

Top 10 outdoor amenities at multifamily housing developments for 2021

Fire pits, lounge areas, and covered parking are the most common outdoor amenities at multifamily housing developments, according to new research from Multifamily Design+Construction.

Giants 400 | Aug 30, 2021

2021 Giants 400 Report: Ranking the largest architecture, engineering, and construction firms in the U.S.

The 2021 Giants 400 Report includes more than 130 rankings across 25 building sectors and specialty categories.

Laboratories | Aug 30, 2021

Science in the sky: Designing high-rise research labs

Recognizing the inherent socioeconomic and environmental benefits of high-density design, research corporations have boldly embraced high-rise research labs. 

Giants 400 | Aug 27, 2021

2021 Healthcare Sector Giants: Top architecture, engineering, and construction firms in the U.S. healthcare facilities sector

HDR, AECOM, Turner Construction, and Brasfield & Gorrie head BD+C's rankings of the nation's largest healthcare facilities sector architecture, engineering, and construction firms, as reported in the 2021 Giants 400 Report.

Giants 400 | Aug 27, 2021

2021 Office Sector Giants: Top architecture, engineering, and construction firms in the U.S. office building sector

Gensler, Jacobs, Turner Construction, and STO Building Group head BD+C's rankings of the nation's largest office building sector architecture, engineering, and construction firms, as reported in the 2021 Giants 400 Report.a

Giants 400 | Aug 26, 2021

2021 University Giants: Top architecture, engineering, and construction firms in the higher education sector

Gensler, AECOM, Turner Construction, and CannonDesign head BD+C's rankings of the nation's largest university sector architecture, engineering, and construction firms, as reported in the 2021 Giants 400 Report.

Giants 400 | Aug 26, 2021

2021 Data Center Giants: Top architecture, engineering, and construction firms in the U.S. data center facilities sector

Corgan, Holder Construction, Jacobs, and Whiting-Turner top BD+C's rankings of the nation's largest data center facilities sector architecture, engineering, and construction firms, as reported in the 2021 Giants 400 Report.

Hotel Facilities | Aug 26, 2021

Building hotels with modules, with citizenM's Menno Hilberts

In this exclusive interview for HorizonTV, Menno Hilberts, Managing Director of Project Management with hotelier citizenM, explains how the company is employing modular construction to help double its presence in the U.S. 

Giants 400 | Aug 25, 2021

Top 40 Engineering/Architecture Firms for 2021

Jacobs, AECOM, Burns & McDonnell, and Alfa Tech top the rankings of the nation's largest engineering architecture (EA) firms for nonresidential buildings and multifamily buildings work, as reported in Building Design+Construction's 2021 Giants 400 Report.

Giants 400 | Aug 25, 2021

Top 75 Engineering Firms for 2021

Kimley-Horn, WSP, Terracon, Tetra Tech, and Langan head the rankings of the nation's largest engineering firms for nonresidential buildings and multifamily buildings work, as reported in Building Design+Construction's 2021 Giants 400 Report.

More In Category





Magazine Subscription
Subscribe

Get our Newsletters

Each day, our editors assemble the latest breaking industry news, hottest trends, and most relevant research, delivered to your inbox.

Subscribe

Follow BD+C: