LA landlords rip out escalators, walls to attract tenants like Google, Netflix
latimes.com
latimes.com
Companies including Google, Amazon and Netflix have agreed to rent entire buildings before construction has even begun.... Content creators, as such businesses are known, have rented more than 4 million square feet of Los Angeles County office space in the last three years, real estate brokerage CBRE said.
Google is not typically known as a "content creator" business. What sort of companies count towards this 4 million square feet figure?
Later the article refers to "FAANG-type tenants". FAANG is an acronym referring to 5 specific companies. What is a "FAANG-type tenant"? One of those five companies? Any tech company?
It also isn't clear from this article whether this 4 million square feet is a lot. I poked around and from https://www.reonomy.com/properties/commercial-real-estate/us... it looks like about 250 million square feet of commercial real estate changes hands in LA every year. So this tech effect is almost 2% of the real estate market.
obviously any of those large high growth innovative tech companies of the content-creating variety
partially sarcasm. it should be further defined
So it's... kind of similar to at least that one?
But I do wonder why netflix and not microsoft. MSFT seems to be closer to the FAAG part.
EDIT: A quick search on DDG revealed it's because of the value of their stock.
That doesn't make sense because the value of Microsoft's stock is a lot closer to the other four than Netflix's stock is. It is just because FAANG is a cooler-sounding acronym than FAAMG.
Netflix does very innovative things to get to where it is. Its not that innovate anymore since a lot of the infrastructure is 'easily' replicable, but it is still the only well capitalized and large solo content streamer. All the other ones are #metoo's from incumbent organizations
and amazon is moving into culver city: https://urbanize.la/post/fresh-renderings-amazons-future-cul...
>“The Netflix, Google and Amazons of the world are not going to their service providers,” he said. “Their service providers are going to them.”
It all seems pretty meaningless though. This is just a PR piece for CBRE, not any sort of journalism.
Google is trying to get into gaming.[1][2][3] More from the infrastructure/back end side than the user-facing side, but they at least produce some demo games to show off the infrastructure.
[1] https://cloud.google.com/maps-platform/gaming/
“The idea of getting on
escalators like you did in the
1950s and ’60s is not
happening,” said executive Bert
Dezzutti of Brookfield Office
Properties. “People desire to
move around and be untethered.
You’re not using lazy old
escalators anymore.”
This can’t seriously be a thing right, this is the story of 1 crazy man and his vendetta against escalators and not an entire community gone mad...The elevators were very very slow. It was often significantly faster to walk up 10 flights of stairs than to wait. I would have killed for an escalator.
(In all fairness to the facilities team, they built new banks of elevators on a very regular basis. Still slow, depending on which floor you wanted to go to. But I'm sure it's much better now.)
In tall office buildings with many tenants, it's not that unusual for companies with multiple adjacent floors to have stairs or escalators, in order to avoid waiting for an elevator.
Previous job, we had elevators straight to most our floors, we occupied the upper floors of a 37 floor building. We also had a few around floor 10, to get to those, one had to go all the way to gound floor and then back up. Within a block, stairs were an option and id generally use the stairs for up to 3 floors.
What makes you say that? An escalator is about delivering a constant flow of people between two fixed floors. An elevator delivers bursts of people between a choice of floors.
Which one is faster depends on availability and the journey you want to make.
That said, LA construction is only a few stories (2-3) high and turning escalators into stairs is an easy way to save cost and make a place feel a bit bigger. You can join the up and down into one large stair and you can often put them outside too.
I never though about it before but that actually is a fascinating cultural shift.
White-collar workers today spend so much time sitting, and are so conscious of health and wanting to be active, that escalators aren't a luxury -- they're the antithesis of a healthy lifestyle.
If buildings necessarily express the values of the people in them, well values have changed. It's the age of Fitbit and walking around dense city centers and walking up stairs -- not being sedentary and driving and just standing on an escalator.
(While elevators are still mandated for disabilities, which escalators were never good for anyways.)
I think its mostly landlords wanting to look like office buildings not retail space.
YouTube is quite proud of the employee-only slide they have between two floors (might be gone, haven't visited in a couple of years)
When we're confronted with an escalator next to stairs, we take the escalator out of laziness, even though we wish we didn't.
But we'd actually prefer there not to be an escalator at all, so we'd have to walk.
Same thing as when you choose not to keep snacks at your desk because you know you'll eat them.
We prefer an environment that nudges us in the right direction, precisely because we don't always have the discipline we wish we had.
It's a culture shock going to places where people stand on both sides blocking the way through.
Stairs are faster and better exercise than (standing on) escalators. I guess you can make the argument that walking up escalators is faster, but stairs are almost always wider and less congested, whereas getting stuck standing on an escalator happens all the time anywhere busy.
Of course, all is relative. Millennials have invented their own type of shallow success-signaling (social media), excessive wealth signaling (focused on experiences - trips, food, etc. - instead of possessions), and avoidance of effort (delivery services and other gig-economy apps). Society changes, but people don't really change.
- Mitch Hedberg
This reminds me of the first time I went to /r/gore. I'll just say the scene involved an escalator.
The taller the step, the shorter the escalator. Doing that saves space and money.
Then again, there's some reason they do it, and I'd guess cost is part of the equation. I just don't think it's quite as simple as you're stating it.
Edit: I'd actually bet that a large part of the calculation is cost of retooling and changing the standard, which would involve having a whole line of incompatible parts to manage.
https://www.gizmodo.com.au/2018/10/catastrophic-escalator-fa...
It would take a lot to convince me that white-collar workers of the past spent less time sitting.
What? Most people still don’t live in dense urban city centers. Look at LA and the Bay Area. Both are still dominated by driving.
But seriously, this is mainly about shopping mall conversions. I have only ever worked in a partially-converted shopping mall for a few months, but I thought it was great office space compared to floors in purpose-built office buildings, mainly because it still partially functioned as a mall. There was a sandwich restaurant, a movie theater, and a motor vehicles branch, and it had a public transit bus stop. The biggest problem was a lack of windows and natural light. I would argue that keeping the gross features of the interior space intact--such as the escalators--would make a better office space, as the mall was already designed to be attractive to visitors and move them around efficiently.
Besides that, the conference rooms have to be named after some of the former mall tenants. That's an unbreakable rule.
That's nothing. In Chicago, a real estate developer transformed a 10-story-tall refrigerator into offices for Google.
https://www.chicagoarchitecture.org/2013/06/17/meatpacking-d...