Lifecycle Costs: Conference Rooms vs. Framery Pods
Are you thinking about making a change to your company’s office space? Eyes over here please!
Office tenants and managers often inquire which kind of rooms, pods or constructed conference areas, are more cost efficient in the short and long term. In a recent study Framery teamed up with commercial real estate services firm, CBRE Finland, and compared the total costs of one, four and six-person Framery pods to the cost of constructed rooms of equal size in Europe, the United States and Asia. The findings revealed interesting insights meant to provide office tenants and managers with the tools necessary to make informed decisions about the design and layout of their space.
“The research touches on a very common topic in office leasing and real estate development. Despite the prevalence of the topic, relatively little research has been done on the subject. As one of the leading suppliers of soundproof pods and mobile meeting rooms, Framery was truly innovative in proposing a collaborative effort to clarify the matter.”, says Ilkka Niska, Director of Project Management and Workplace Consulting at CBRE Finland.
While the study was done in tandem with both companies, CBRE Finland took on the responsibility of all the calculations and calculation analysis. The research varies on the size of the hypothetical office and its location. The charts below for the costs of rooms and lifecycle costs are calculated with a setup of twelve small, six medium and three large rooms in a medium-sized flexible workplace and are compared with a single-person Framery O, 2-4 person Framery Q and 4-6 person Framery 2Q. The pod prices are based on estimates for the average total of costs in the specific market areas for transportation and assembly, so that the hypothetical pods are ready for use!
Overall, we discovered that small conference rooms are often more expensive than the corresponding Framery pods in every city across Europe, Asia, and the USA. This outcome is partially due to the fact that the total cost of constructing a conference space and maintaining it is higher than the price of purchasing a pod and its upkeep.
For lifecycle cost comparisons, we’ve crafted four different, yet common, office scenarios that would impact the estimated price and cost over time for constructed rooms and pods.
- Scenario one is based on the idea that the tenant moves to a new office at the end of a lease period and designs that new space to reflect the company’s original office layout.
- Scenario two is when the tenant moves to a new office and after using it for a period of time, relocates 25% of the phone booths and meeting rooms to the new working environment.
- Next is scenario three in which a tenant moves to a new office and after some time relocates 75% of the phonebooth and meeting rooms to that space.
- Lastly, scenario four is when the tenant moves to a new office and at the end of the lease period returns the office to its original layout and integrates 100% of these dedicated rooms and/or pods again.
The main idea here is that the tenant can take all of their previously purchased pods with them, and use them in a new office or construct a relative amount of fixed meeting rooms again in a new office. Wherever you might fall within these crafted scenarios, there is likely one that might line up closest with your future plans for the office, and the cost comparisons for life cycles between constructed conference rooms and Framery pods will help make the best decision based on those projected plans.
In terms of total lifecycle costs, the long-term cost-benefit of pods outweighs that of newly built infrastructure for the tenant. Let’s say for example, that if the total life-cycle cost of rooms in Helsinki is indicative of life-cycle costs in other cities, larger pods may be a more optimal choice than comparative constructed rooms. A reason for this is because Framery pods are movable, and constructed conference rooms are not. That said, if a business decides to move locations, the lifecycle cost of a Framery pod is more valuable than that of a built-in conference room.
The study reveals that the choice between pods and constructed rooms depends heavily on the average size and cost of the office as well as the location in question and future plans for change. The lifecycle of a Framery pod is significantly less costly than that of a constructed conference room – not only saving clients’ money in the short term but benefiting them in the long term as a worthwhile investment.
Cost of used space
Folding into this conversation surrounding lifecycle comparison, pods are more cost efficient when considering the skyrocketing prices of real estate and office space across major cities. For example, in Helsinki specifically, purchasing a Framery O office phone booth is nearly 50% less expensive than building and constructing a small room. This is based on the cost of real estate and amount of space that is considered average in these locations.
Framery pods are designed to be as compact as possible, serving the needs of today’s workplace climate. 80% of all meetings are held between one to four people – which means having an appropriately sized meeting space is cost efficient for the business and it’s staff. Instead of constructing rooms or expanding offices, Framery pods can be configured to fit within the existing office space and as a result, conveniently create additional rooms without the need for real estate expansion. It’s a great investment of company capital, given that pods are flexible and can be configured to adapt to the existing office environment.
Other components to consider is the overall feature comparison between constructed rooms and movable pods. Office pods, given that they are a product for purchase, have a guaranteed level of performance and are more likely to meet expectations – they are also easy to move and can be placed anywhere in the existing workplace. However, when constructing a meeting room, the consumer might not be certain of the type of acoustics and/or quality of sound insulation that would be a result of the newly built room.
“The study and the results of modular rooms being cost efficient and flexible solutions compared to constructed rooms has led to interesting discussions with both landlords and tenants.” continues Ilkka Niska, Director of Project Management and Workplace Consulting at CBRE Finland. “I’m looking forward to seeing how the needs of the office change in the near future and what impact it will have on the subject of this study.”
Ready to make the best strategic decision for the future of your office? Contact Envoy to get started!
Information Source: https://www.frameryacoustics.com/en/blog/lifecycle-costs-conference-rooms-vs-framery-pods/
How many pods do I need?
We recommend providing one Framery O for every 10 employees, one Framery Q for every 20 employees, and one Framery 2Q for every 30 employees. As a rule of thumb, the more noise or ad hoc conversations in the work area, the more pods you need.
Where should I place the pod?
We recommend locating our pods and office phone booths centrally, close to where people are working so it is easy to check whether the pod or phone booth is occupied and is easy to access.
How good is the sound insulation?
The sound insulation of our products is so good that they can be placed next to workstations in the middle of an office and those working next to the pods will be unable to overhear the discussions held inside them. We recommend that prospective customers try for themselves, it’s always a pleasant surprise.
Framery O
Framery O is ideal for important calls or video conferences. Have your discussions in privacy without disturbing your colleagues. The pioneering office phone booth delivers an echo-free and comfortable working environment. Installation is fast and the pod is ready to be used the same day it’s delivered.
Framery O VCR
Framery O is also available in the Video Conference Ready variant. A tilting screen bracket and the LED lighting surrounding the screen provide optimal conditions for video conferences, with the control panel enabling you to adjust the lighting and airflow inside the pod.
Framery Q
The Framery Q office pod is a perfect, soundproof place for people to have meetings, brainstorming sessions and important one-on-one conversations in private without disturbing the whole office – or the office disturbing you.
Framery Q - Flow
Framery Q Flow. As the name suggests, Q Flow has been designed to meet the needs of today and tomorrow and assists people in achieving that flow-state-of-mind work. As a single-person workstation that unleashes your inner workflow, Q Flow is designed to support flexible work as well as heads-down types of tasks. In addition to all of the features included in the original Framery Q office pod, the Flow model also has a height-adjustable electric table that allows users to change their work position in a matter of seconds. Users can transition from working from their seat to a standing position without throwing off their flow or distributing those around them.
Framery 2Q
The Framery 2Q meeting pod is designed for 4-6 people, making it the ideal place to co-create, brainstorm and have meetings. Our superior sound insulation system ensures that your meetings won’t disturb the office – and the office noise won’t disturb you.