Real Estate Investor Magazine South Africa April 2016 | Page 45

Corporate Campuses Redefining the idea of “campus” Location is a bigger issue today as companies weigh their workplace needs against the preferences of a workforce that’s in flux. Vertical campuses and repositioned large-floorplate industrial buildings in the urban core will have an edge with Millennials. Yet the traditional corporate campus persists, reflecting the importance of “everyone under one roof ” to boost productivity. Whatever the location and format, campuses will promote wellness, integrate and leverage smart technology to increase building performance. But often they’ll do more—adding complementary, even community-serving uses and amenities, and melding non-office and office work together to drive innovation. The form campuses and buildings takes helps forge a strong identity to reinforce corporate culture. Commercial Office Building Developers A building type in transition Developers are transforming the commercial officebuilding model as they refocus on their t