Financial Services Company Strategic Feasibility and Site Optimization

Business growth, relocations and site consolidations were driving up the headcount at several of this company’s campuses. The client needed to understand how it could optimize existing assets while reducing dependencies on leased facilities. The company also wanted to improve its workplace environments and provide better amenities for its associates.

HOK led a feasibility study and strategic planning to determine how the company could increase campus capacity while streamlining operational costs and increasing its return on capital investments.

HOK’s strategists assessed an existing campus for employee capacity, code requirements, infrastructure upgrades, and parking and traffic needs. The team then designed a series of test-fit spaces aligned with workplace best practices. Each scenario required balancing levels of intervention against cost, ROI, schedule and length of business interruption.

The team provided company leaders with options that supported their business goals and that outlined associated costs and an implementation timeline. As a result, at one of its campuses the client was able to significantly increase headcount by completing a small building expansion while terminating a lease for a three-story building. The same plan increased collaboration spaces in an existing facility and kicked off a three-year strategy for upgrading amenities.

HOK subsequently delivered similar studies for four of the company’s other U.S. campuses.