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Office space allocation down as collaboration up

Tue, 03/20/2012 - 12:34pm
A new study by CoreNet Global—an association of corporate real estate and workplace professionals, service providers, and economic developers—indicates that the average allocation of office space per-person is projected to fall to 100-ft2 or less within the next five years. By 2017, at least 40% of respondents to the group's survey indicate they will reach this low benchmark by 2017. The space-per-person has already been low in Europe but such a benchmark now appears to be taking hold in the Americas. Richard Kadzis, the group's VP/strategic communications, credits the change to "the huge increase in collaborative and team-oriented space inside a growing number of companies that are stressing 'smaller but smarter' workplaces against the backdrop of continuing economic uncertainty and cost containment." In addition, many companies are adopting open floorplans, where employees do not have permanently designated personal space. http://bit.ly/zfGBvQ
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