Gensler Principal Steven Paynter further details office conversion algorithm in podcast sit-down
Gensler Principal and Studio Director Steven Paynter sat down recently with financial news service Marketplace.org to detail his firm’s year-old proprietary office conversion metric, a unique tool that has become indispensable as the industry looks to position itself for the mass-scale nationwide surge in the conversion market expected for the coming decade. Paynter had previously revealed the metric’s surprising findings that only about 30% of commercial buildings have the ideal structural prerequisites (e.g., window depth, floor plates, and ceiling heights), essentially doubling down on his original claims with added details as to the so-called “Goldilocks” zones architects look for when looking at structures for a residential conversion. “[If] you took a typical floor plate, for example, in those the average unit size for your location or your city, it would divide that unit size by the quarter window depth, so very quickly say, OK, your unit ends up being 25 feet wide and 30 fe...
Gensler Principal and Studio Director Steven Paynter sat down recently with financial news service Marketplace.org to detail his firm’s year-old proprietary office conversion metric, a unique tool that has become indispensable as the industry looks to position itself for the mass-scale nationwide surge in the conversion market expected for the coming decade.
Paynter had previously revealed the metric’s surprising findings that only about 30% of commercial buildings have the ideal structural prerequisites (e.g., window depth, floor plates, and ceiling heights), essentially doubling down on his original claims with added details as to the so-called “Goldilocks” zones architects look for when looking at structures for a residential conversion.
“[If] you took a typical floor plate, for example, in those the average unit size for your location or your city, it would divide that unit size by the quarter window depth, so very quickly say, OK, your unit ends up being 25 feet wide and 30 fe...