Archinect - News

Double profits for Foster + Partners amidst a year of economic recovery

2022-01-13T15:13:00-05:00

The architecture practice run by Sir Norman Foster almost doubled its profits as it expanded in the Middle East and gained new business despite pandemic lockdowns. Total revenues fell by £33m to £200m in the year ending 30 April 2021, accounts for Foster + Partners, the practice’s main trading company, show. But profits before tax almost doubled to £36.2m during the year, compared with £19.8m in the previous year.

New projects included a planned luxury tower development in Greece and a new tourist destination on an artificial island in the Red Sea (although notably, the Tulip Tower did come off the books due to environmental concerns).

Foster himself is worth well into the nine-figure range and has recently sold a significant portion of his shares to a Canadian investment firm. The firm reported earnings for the past four years that combined are over £900 million ($1.24 billion) in spite of the considerable forces at play economically during the pandemic. Foster + Partners also reported that a £500,000 ($686,000) government loan taken out for their 2020 furlough was repaid.

Join the big shots with a new architecture job at one of the most successful firms of 2017

2017-12-27T11:52:00-05:00

We have rounded up active listings on Archinect's Job Board within the top 30 most successful firms of 2017 according to the Architectural Record. Companies are ranked based on revenue, which is reflected in our list below in order starting with Gensler, who has now topped the charts for six years in a row.

#1 Gensler is currently hiring a BIM Manager in their Chicago office.

Shanghai Tower by Gensler. Photo: Wikipedia

The firm seeks an individual to fill a multifaceted role with a primary focus on BIM practices in the regional offices of Chicago, Detroit, Minneapolis, and La Crosse. The right candidate will hold a BArch or an equivalent degree with 5 years of experience in the project-specific BIM workflow from start to finish.

#8 HDR is seeking a Project Manager in their Minneapolis office.

Brendan Iribe Center for Computer Science and Innovation (University of Maryland) rendering by HDR. Photo: HDR.

The right candidate will hold a BArch degree with at least 10 years of experien...

These are the 300 top revenue-generating architecture firms in the USA

2017-07-31T17:38:00-04:00

For the 6th consecutive year in a row, Gensler has topped Architectural Record's list of Top 300 firms. Companies are ranked by the total revenue for architectural services performed in 2016—for companies that offer other services as well, such as planning or engineering, earnings acquired through these offerings are not considered in the rankings. Gensler brought in a total architectural revenue of almost $1.2 billion dollars. To put that number in perspective, the next in line—AECOM—only brought in $595 million in architectural revenue, though their overall design revenue was $7.4 billion.

The top four spots all remained the same with Perkins + Will and Jacobs taking 3rd and 4th place, respectively. Out of the top 10 firms from last year, eight remained in this tier while IBI Group and Stantec Inc. both inched forward to join this category. Of all the firms, Corgan experienced the largest climb moving from 22nd place in 2016 to 14th.

Check out the list of Top 25 firms below!

Wan...

Gensler surpasses $1 billion in revenue for 2014

2015-07-13T20:10:00-04:00

Gensler surpassed $1 billion in architectural revenue in 2014, setting a record and maintaining its leading status for the fourth consecutive year on RECORD’s annual Top 300 Architecture Firms list, which ranks companies based on earnings from the prior year.

According to Architectural Record, Gensler definitely crushed it in 2014. The firm tallied $1.04B in architectural revenue last year, $778.5M of which was earned domestically. This jives with overall gains in the domestic architectural market, where firms' revenue grew approximately 6% from 2013-2014.

Coming in second place for the 2014 rankings was AECOM, which pulled in $801.5M. Gensler and AECOM have regularly occupied to spots on Architectural Record's rankings since the 2006 report, despite fluctuations from the Recession.

For more on Gensler and it's newly minted status in the 3 comma club: