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NAIOP Developments Newsletter - November 2012
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Annual Member-Guest Holiday Breakfast 2013 In this issue...

Member-Guest Holiday Breakfast and Annual Meeting

Latest Commercial Interior Layout & Design Trends: Does One Size Fit All?

Sustainable Real Estate Development on Higher Education Campuses

REEL Tailgate for Charity and Corn-Hole Mania



Upcoming Events

January 21, 2014
Suburban Maryland/DC Metro Market Forecast 2014

January 29, 2014
The New Frontier of Sustainability in Hospitality

January 31, 2014
Legislative Committee Meeting

 
Martha's Table NAIOP MD/DC Donation
Tom Ballantine, Vice President for Policy and Public Relations, NAIOP
Maryland Chapter
s and Member-Guest Holiday Breakfast Speaker
Anirban Basu, CEO, Sage Policy Group
.
On December 10, 2013, NAIOP members braved the snow and ice to come out for breakfast and an insightful talk on commercial real estate. Our returning, much requested guest, renowned economist and CEO of Sage Policy Group Anirban Basu, shared his annual insight into how the global, national, and local economies will affect the real estate market in the next year. His always candid assessment allowed for a light-hearted and engaging discussion with questions and comments contributed from attendees.
World economies that are currently thriving are those in areas that provide building materials—most in Africa and Central Asia. This is extremely important in the improvement of global economic stability. Basu sees continued steady increase of production and industrial growth in the North American markets. In tandem, many companies such as General Electric, Caterpillar, and Whirlpool, are beginning to bring industrial production back to the United States, further improving the health of the U.S. industrial sector. At this point, no U.S. state is in recession and select energy producing states are seeing economic growth that challenges that of China or India. And as the health of the U.S. economy returns, so does the frequency of both business and leisure travel.  Hotel and resort construction is up approximately 30 percent. Job growth continues slow but steady improvement in both full-time and part-time jobs across the country.  However, Mr. Basu sounded a note of concern about the balance of job growth swinging increasingly to part-time lower paying service jobs, offering little or no benefits to employees. 

Echoing the local economic climate Mr. Basu cautioned that while the economy is improving, he stated simply, “The economy is getting better, but slowly.”   

This year’s holiday breakfast honored Manna Food Center, a local nonprofit organization working to eliminate hunger in Montgomery County, as the designated NAIOP charitable contribution for 2013. The event, sponsored by Grosvenor. , allowed NAIOP Maryland/DC’s Community Outreach Chair, Roseanne Beattie, DBI Architects, to present Manna with a generous donation $10,000. If you would like to donate to Manna Food Center,please visit www.mannafood.org. [Return to top.]
Holiday Breakfast NAIOP MD/DC Holiday Breakfast NAIOP MD/DC Holiday Breakfast NAIOP MD/DC
     
Latest Commercial Interior Layout & Design Trends: Does One-Size Fit All?
Terry Dunkin, Theddi Wright Chappell, Cliff Majersik, Leanne Tobias On November 20, 2013, NAIOP members were given a look into the future projections of the style and functionality of the workplace courtesy of the Principals and design team at Gensler. The speaking team included: Lisa Amster, Principal; Jeff Barber, Managing Director; Steve Martin, Principal; Bob Peck, Director of Workplace Consulting; Theresa Sheils, Principal; and Jim Williamson, Principal. The talk discussed the five major mega-trends that have been identified across all facets of workplace design: extreme openness/flexibility, collaboration, mobility, identity, and wellbeing.

The Gensler team began the discussion by first identifying the reason for these mega-trends and why they are important to take into consideration.
(Left to Right) Jim Williamson, Principal; Lisa Amster, Principal;
Steve Martin, Principal; Theresa Sheils, Principal; Jeff Barber, Managing Director
, Gensler.

 
As the overall workforce will be 75 percent made up of millennials by 2030, the Gensler team stressed the importance of designing new workplaces with them in mind. That can be difficult to do, Jim Williamson explained, “How do you make sure you offer something the largest segment of the workforce will want when you don’t know what that is yet?” Some of the features the Gensler team feel will be the most important in the next 30 years involve the provision of areas where employees can focus, collaborate, learn, and socialize.

The mega-trends that have already been seen in workplace design focus largely on allowing for the flexibility and mobility necessary to allow employees to work remotely, collaborating with team members that may not be in the same location. This also means allowing for flexible space at the office for collaboration. Another mega-trend is creating a strong brand identity, portrayed not just externally, but within the company. By highlighting company culture in the workplace design, employees can feel more connected and engaged with the company itself. Lastly, creating a healthy environment that fosters employee wellbeing will be a major trend in future design. By embracing ergonomics, open floor plans, and natural lighting, the work space can protect employees against injuries while promoting motivation.

The talk offered a comprehensive and thought-provoking look at the future of construction, design, and architecture in the workplace, as well as the idea of designing spaces not just for the current workforce, but the next generation of workers. [Return to top.]
Sustainable Real Estate Development on Higher Education Campuses
Sally Modjeska, George Leventhal, Stephen Elmendorf On October 24, 2013, Georgetown University’s School of Continuing Studies hosted NAIOP members for an in-depth panel discussion of sustainable real estate practices in higher educational campuses. This discussion is an installment of a series entitled Adapting to Trends in the Industry. The panel consisted of Steven Shapiro, Senior Manager at WhitingTurner; John Keegan, Vice President and Senior Development Manager at Gilbane Development; Brian Pilot, Principal at STUDIOS Architecture; Dan Last, Senior Manager at Education Sector of AtSite; and Audrey Stewart, Director of Sustainability at Georgetown University.
(Left to Right) Dan Last, Senior Manager, Education Sector of AtSite;
Brian Pilot, Principal, STUDIOS Architecture; Steven Shapiro, Senior
Manager, WhitingTurner; John Keegan, Vice President and Senior Development Manager, Gilbane Development; and Audrey Stewart,
Director of Sustainability, Georgetown University.

 
In this discussion, the panel spoke broadly of the topics and trends they find most important regarding the increasing need for space in and around campuses and with student housing design as the number of educational programs continue to rise. Of these, sustainability is most crucial, and most beneficial to students, building owners, and universities.

As the panel members explained, sustainability and responsible design play an equally large role in the operational efficiency of campus buildings and the health, ability to learn, and wellbeing of students and faculty. Innovative design can even help with marketing—as students are increasingly interested in environmentally conscious design—and even bring donations from those wishing to support efforts in sustainability. “Expansion in the educational sector requires smart building,” explained Brian Pilot, “There is more risk in not innovating.” John Keegan went on to say, “As higher education facilities are often incorporated into a city’s landscape, it is important to keep in mind that some environmentally efficient amenities can benefit the overall community as well as the students and staff.”

The panel discussion was preceded by two short presentations from students and faculty members outlining current environmentally efficient efforts being carried out on campuses locally, as well as a look at the planning stages for modernized off-campus housing in Amherst, Massachusetts. The discussion was followed by numerous follow-up questions from the audience and a cocktail reception. [Return to top.]
REEL Tailgate for Charity and Cornhole Mania
On November 6, 2013, NAIOP REEL members gathered together for a night of networking, competitive cornhole, and charitable fund raising for local nonprofit 826DC, an organization dedicated to supporting students in developing creative writing skills and helping teachers inspire their students to write. The event was coordianted by Jessica Wolford of Trammell Crow Company. REEL members enjoyed cocktails and appetizers before playing in teams of two in a tournament style cornhole game. The winner of the corn-hole tournament received two hand-painted cornhole boards decorated by the charity’s students. To contribute to 826DC, please visit: www.826dc.org. [Return to top.]
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