10 updates in the new BOMA 2024 Office Standard
The BOMA 2024 Office Standard is the latest update to BOMA’s method of measurements.???
This specific Standard is used to compute the floor area in and around Office buildings and is updated over time to reflect the changing needs of the commercial real estate (CRE) market. BOMA International ’s Office Standard is applicable to all types of Office properties, including Commercial, Medical, Institutional, and Life Science buildings.???
The BOMA 2024 Office Standard introduces several new features, enhancements, and clarifications as compared to the 2017 Standard. The following reflects those updates.??
BOMA 2024 Office Standard??
1. Qualifying Unenclosed Occupant Service Areas are now included in Rentable Area
These areas are not required for the building to function and are not landlord controlled.?Examples include but are not limited to: Specialized Rooftop Equipment Areas, Unenclosed Waste Removal Areas, Unenclosed Storage Areas.
?
2. Qualifying at-grade Unenclosed Areas are now included in Rentable Area
The 2024 Standard states that Unenclosed Areas that meet certain conditions can now be considered in the total Rentable Area of the building. This implies that certain outdoor spaces, which were previously excluded, can contribute to the overall rental income potential.??
3. Tenant Storage Areas are now included in Rentable Area with no Load Factor applied
Storage Areas that are designated for use by tenants are now included in the calculation of Rentable Area without the need to apply any Load Factor.??
4. Unenclosed Tenant Areas will not have any Load Factors applied to them
When measuring the Rentable Area with the 2024 Standard, spaces owned by tenants that are unenclosed (private balconies, rooftop terraces, restaurant patios, for example) do not have any Load Factors applied to them.??
5. Introduction of a new category of space known as “Non-Allocated Tenant Areas"
The new Standard creates a new category of spaces known as “Non-Allocated Tenant Areas,” which include Unenclosed Tenant Areas, Tenant Storage Areas, and shafts that are exclusively occupied by a single tenant (Single Tenant Shafts). These Non-Allocated Tenant Areas are not included in any Load Factor calculations.??
领英推荐
6. The term Inter-Building Areas has been renamed to “Inter-Allocated Areas"?
The term was previously used to describe spaces serving multiple buildings in a complex or site. Inter-Building Areas has been renamed to “Inter-Allocated Areas” in the 2024 Standard for the sake of clarity since these areas may be serving limited tenants within the same building.??
7. The new Standard supports features that are typically found in Life Science Office Buildings
Office Buildings dedicated to Life Science industries, which may include specialized lab spaces or research and development facilities, often have unique features that may not have been captured under the previous Office Standard. Some of these features include tenant shafts and unenclosed rooftop equipment.??
8. There are simplifications and clarifications for Method B
The 2024 Standard introduces changes to Method B that make it simpler and more straightforward to implement. It also provides additional clarity on how to correctly use this Method.??
9. Clarifications have been given for Unenclosed Occupant Circulation and Exterior Door Setback
The 2024 Standard provides additional clarifications on how to handle Unenclosed Occupant Circulation Areas and the setback of Exterior Doors when measuring Rentable Area.??
10. BOMA Best Practices have been incorporated throughout the Standard
The new Standard now includes Best Practices recommended by BOMA throughout the document, aimed at enhancing the accuracy and consistency of Office measurements.??
Align your properties with the latest BOMA 2024 Office Standard??
These changes reflect a drive towards more holistic and flexible approaches to space categorization and calculation, taking into consideration evolving building designs and tenant requirements.???
We encourage you to continue learning about the latest BOMA 2024 Office Standard.
You may also be interested in discovering how advanced space measurement services can help deliver the most accurate rentable square footage (RSF) data to align with current BOMA Measurement Standards.?
Deadlines for the ACA and AODA loom large. Our firm guides companies to comply, then move to Inclusion. We put the "A" in DEI.
4 个月#RonGrant, #TimBaxter, #ScottMulligan #staceyLitwinDavies etc. This is an interesting reflection of the changing nature of #OfficeSpace post #pandemic. I suggest that the flooding and ongoing inaccessible office buildings coupled with horrible public transportation in the City will mean that fewer employees will want to #ReturntoOffice for the foreseeable future.
Deadlines for the ACA and AODA loom large. Our firm guides companies to comply, then move to Inclusion. We put the "A" in DEI.
4 个月HI Corporate Toronto! After yesterdays flooding and loss of electricity, how many employees with #Disabilities were not able to egress from your offices? How many #EmployeesWithDisabilities such as #Blindness #SensoryDisabilities #deaf #Deafened #HardOfHearing #Neurodiversity were able to easily and safety egress from your buildings? We have heard from several employees whom we have worked with in the recent past who were not able to safely access the #EmergencyEgress facilities in your buildings. The good news? Optimal Performance is expert in #HumanCentred #AccessibleDesign and we can ensure this never happens to any of your valued employees. Contact us today so we can ensure safe, accessible, secure egress when the next flood occurs. [email protected] est 1990