Cost isn’t the only thing on building owners’ minds these days, but it certainly informs their choices of AEC partners, projects, and products. This is one of the many takeaways from BD+C’s inaugural Owners Survey Report, which collected input from 156 building owners and developers throughout December 2020 and January 2021 on a variety of topics: their top development challenges, what they look for in AEC firm partners, and their most promising innovations.
The survey findings point to a growing demand for collaboration and partnership during these chaotic times—and mounting frustration over a lack of focus and discipline among their AEC firm partners around project costs.
“Architects and designers need to work within a budget,” said Michael Vachio, LEED AP, Vice President of Development and Construction for JL Capital in Hawaii. “The value engineering phase of a project is becoming longer and larger.”
Time and again, in their comments, owners asserted that AEC firms don’t listen to their concerns, especially—but not exclusively—about taming a project’s cost. Owners also claimed they want closer collaboration with their teams, subs, and suppliers, some to the point of encouraging integrated project delivery methods that ultimately speed the construction process.
At the very least, AEC firms might reconsider how they pitch projects, with an eye toward appreciating the owner’s perspective.
AEC firms also need to overcome some owners’ lingering skepticism about investing in strategies that are environmentally responsible but whose implementation costs “impact the rents tenants are willing to pay and [what] financial institutions are willing to lend in some markets,” said Cassie Paben, Director of Business Development for Tetrad Property Group.
Click To Download BD+C's 2021 Owners Survey Report
This exclusive BD+C survey of 156 building owners and developers explores the changing and most-pressing needs of this highly influential group. From project financing to client service to design, construction, and operations, this research breaks down emerging trends, innovations, and the biggest wants and needs among owners/developers. The survey covers:
• What owners/developers look for in an AEC firm
• Biggest development challenges
• Top health/wellness/environmental strategies on projects
• Single-biggest innovation implemented on projects
• Response to the COVID-19 pandemic.
Download the 16-page PDF report with the complete findings from BD+C's 2021 Owners Survey. Thanks!
That being said, AEC firms should also test those waters to see if owners are prepared to enter into contractual commitments necessary for establishing accountable and financial collaboration on both sides.
Owner–AEC relations that work usually boil down to trust. Our survey reveals that, perhaps more than ever, owners are turning to their AEC partners to help their companies and projects take advantage of the
latest products and best practices in such areas as technology, building systems, energy efficiency, and sustainability.
Our survey’s respondents sounded eager to try out new ideas that deliver predictable ROIs. But as one owner conceded, the industry is moving faster than any one company can keep up with. AEC firms only increase their value when they provide practical solutions for projects that factor in an owner’s budgetary, marketing, and operational parameters, as well as end-user and occupant comfort.
Download the Owners Survey Report at: BDCnetwork.com/OwnerSurvey2021.
Related Stories
| Aug 11, 2010
New book provides energy efficiency guidance for hotels
Recommendations on achieving 30% energy savings over minimum code requirements are contained in the newly published Advanced Energy Design Guide for Highway Lodging. The energy savings guidance for design of new hotels provides a first step toward achieving a net-zero-energy building.
| Aug 11, 2010
Pella Corporation ranks highest in customer satisfaction
Pella Corporation has earned the prestigious J.D. Power and Associates award for “Highest in Customer Satisfaction among Window and Patio Door Manufacturers” for the third year in a row.
| Aug 11, 2010
Oregon office building earns highest green globes rating
Columbia Square, a 313,000 square foot office building and flagship property in the Melvin Mark Companies real estate portfolio, has been awarded 4 Globes by the Green Building Initiative (GBI) for achievements in green design and sustainable operations. The building was rated under the Green Globes environmental design and assessment tool and the 4 Globes designation is the highest possible rating.
| Aug 11, 2010
Perkins+Will master plans Vedanta University teaching hospital in India
Working together with the Anil Agarwal Foundation, Perkins+Will developed the master plan for the Medical Precinct of a new teaching hospital in a remote section of Puri, Orissa, India. The hospital is part of an ambitious plan to develop this rural area into a global center of education and healthcare that would be on par with Harvard, Stanford, and Oxford.
| Aug 11, 2010
Burt Hill, HOK top BD+C's ranking of the nation's 100 largest university design firms
A ranking of the Top 100 University Design Firms based on Building Design+Construction's 2009 Giants 300 survey. For more Giants 300 rankings, visit http://www.BDCnetwork.com/Giants
| Aug 11, 2010
PBK, DLR Group among nation's largest K-12 school design firms, according to BD+C's Giants 300 report
A ranking of the Top 75 K-12 School Design Firms based on Building Design+Construction's 2009 Giants 300 survey. For more Giants 300 rankings, visit http://www.BDCnetwork.com/Giants
