{"id":161609,"date":"2025-09-26T13:21:09","date_gmt":"2025-09-26T13:21:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/uk\/161609\/"},"modified":"2025-09-26T13:21:09","modified_gmt":"2025-09-26T13:21:09","slug":"david-chipperfield-architects-blames-key-project-delay-as-turnover-dips","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/uk\/161609\/","title":{"rendered":"David Chipperfield Architects blames key project delay as turnover dips"},"content":{"rendered":"

According to the company\u2019s report and accounts for the year ending 31 December 2024, the company\u2019s fee income slipped to \u00a314.8 million while its profit dipped from \u00a32.1 million to \u00a31.7 million.<\/p>\n

The size of the workforce at the practice \u2013 which celebrates its 40th anniversary this year \u2013 also shrank, from 121 in 2023 to 109 in the last accounting period. Of these employees, 77 are described as \u2018architectural staff\u2019.<\/p>\n

The company saw workloads fall in the UK, dropping from \u00a32.9 million to \u00a32.2 million last year, in Europe, where turnover went down from \u00a31.5 million to \u00a3931,000, and in the rest of the world, where income tumbled from \u00a3791,000 to \u00a3101,000.<\/p>\n

The major schemes on the practice\u2019s books that have not moved forward quickly include the half-built<\/a> and now mothballed 233m-high Elbtower in Hamburg, the Dunard Centre in Edinburgh, and the proposed new Chinese Embassy in east London.<\/p>\n

In August last year, the architect resubmitted controversial proposals for the embassy near the Tower of London. Two months later, it was called in by then communities secretary Angela Rayner and, in February this year, was the subject of a public enquiry.<\/p>\n

A final decision had been due in early September; however, the AJ understands, this was delayed to allow the consideration of extra information received over the summer. The plans are now scheduled to be determined next month<\/a> by Rayner\u2019s successor Steve Reed .<\/p>\n

Meanwhile, in March, it was reported that the opening of Chipperfield\u2019s 1,000-seat Dunard Centre had been delayed until 2029 following a change in contractor.<\/p>\n

Edinburgh\u2019s first new concert hall for a century had been expected to open this year, but according to a report in The Herald<\/a>, contractor Sir Robert McAlpine, which completed preconstruction works last year, has not been retained for the main building phase.<\/p>\n

Chipperfield\u2019s accounts reveal the company saw growth in the Middle East, with fee income rising from \u00a33.5 million to \u00a34.5 million in 2024.<\/p>\n

Fees per architect also increased over the period, reaching \u00a3192,000 up from \u00a3185,000 in 2023.<\/p>\n

The company\u2019s supporting statement said the shake-up of the leadership team in mid-2023 had continued to bear fruit, \u2018leading to another profitable year, broadly in line with expectations\u2019.<\/p>\n

Even so, it continued: \u2018Turnover decreased in the year as a significant project stalled; however, the company was able to adjust costs, assisted by an internal budgetary control system and process.<\/p>\n

\u2018Globally, existing international projects of varying scale and scope presented some challenges; however, continuation of fees was ensured.\u2019<\/p>\n

The salary of the highest-paid director, who is not named, went down from \u00a3243,323 to \u00a3196,273.<\/p>\n

\"\"<\/p>\n

Proposed view of 3DReid and David Chipperfield Architects\u2019 overhaul of the Jenners building on Princes Street in Edinburgh. Construction on the project began in 2024 during the reporting period.<\/p>\n","protected":false},"excerpt":{"rendered":"According to the company\u2019s report and accounts for the year ending 31 December 2024, the company\u2019s fee income…\n","protected":false},"author":2,"featured_media":161610,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[31],"tags":[6225,6485,6486,1120,96,56,54,55],"class_list":["post-161609","post","type-post","status-publish","format-standard","has-post-thumbnail","category-arts-and-design","tag-arts","tag-arts-and-design","tag-artsanddesign","tag-design","tag-entertainment","tag-uk","tag-united-kingdom","tag-unitedkingdom"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/161609","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=161609"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/161609\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/161610"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=161609"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=161609"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=161609"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}