Best Project - interior/Tenant Improvement: Cadence Building 5 Renovation
Six buildings are undergoing a refresh at Cadence Design Systems’ campus. As for Building 5, which houses the CEO and executive offices, the rework included the complete interior demolition of a 90,000-sq-ft, two-story building. The new tenant interior build-out included new infrastructure and utilities, lighting, fixtures and ADA code compliance upgrades, which were completed on time and within budget in September 2022.
To achieve the client’s budget, more than $6 million was value engineered out of the project, while keeping the overall look and feel of the design. Instead of custom fabric panels throughout the facility, areas of panels were removed and replaced with painted walls, and $1 million was saved in millwork by removing custom surrounds in break rooms and replacing them with drywall and accent colors.