Standing (left to right): Nik van Herpt; Andy Harris; Troy Uleman; Fanos Panayides; Peter Lee; Katherine Watts; Imran Patel; Sarah Kirby; Paolo Longo; Rohan Kempadoo. Sitting (left to right): Nicola Whiteley; Kit Bullas; John McAslan; Lizz Riley-Evans; Ross Harrison
John McAslan + Partners embracing the future with profits soaring and a new ownership model for the architectural practice.
This month John McAslan + Partners announce a strong year reporting a gross turnover of £10.5mn and pre-tax profits of £1.3mn for the year ending 2023. Looking forward to 2024, the practice expects to surpass last year’s financial performance with a significant pipeline of secured new commissions in the UK and internationally.
This positive outlook coincides with the implementation of the practice’s succession plan that widens the ownership of the practice with its next generation of architects and designers playing pivotal leadership roles across studios and portfolios. Practice founder John McAslan remains actively involved as Executive Chair, and speaking on behalf of the Board says,
“I am delighted to announce our succession plan which creates a collective ownership model for JMP. With our distinctive shared design and social ethos, this next step establishes an exciting approach to growing the practice for the next generation.”
Ownership of the practice is now shared between 15 existing members of the team including John McAslan. It coincides with the completion of a number of high-profile projects including the transformation of Sydney Central Station alongside the city’s Waterloo Station, both key elements within Sydney Metro, Australia's biggest public transport project. Other important completions include the British Museum’s Archaeological Collection research facility in Reading marking the first completely independent building created for the museum since its mid -19th century neo-classical museum opened in Bloomsbury.
Additionally, the practice’s landscape team is nearing completion of London’s Sloane Street masterplan transforming its public realm into an urban green corridor, whilst the Edinburgh studio is leading on the Avenues and George Square environmental infrastructure project in Glasgow. Further, John McAslan + Partners’ newly opened New York studio is working on the transformation of Penn Station in New York, the busiest railway station in the western hemisphere. Other notable ongoing projects include: Belfast Grand Central Station; the University of Oxford Saïd Global Leadership Centre; a number of cultural projects in the Middle East; and a new World Bank supported university teaching facility in Malawi.
Director Fanos Panayides says,
“Working with a talented team here at JMP, we have managed to secure strong pipelines of new projects and have expanded our markets both in the UK and internationally. It is this energy and belief in what we do that defines our practice and has led us to open studios outside London, utilising our expertise in the transport and cultural sectors as well as ecological transformations of existing buildings being particularly in demand. Over the years we have learnt in business terms that we need to have an agile mindset whilst not losing focus of what is important to us as an architecture practice.”
Associate Lizz Riley-Evans, who leads JMP’s model building studio, Associate Director Kit Bullas from the Landscape Studio and Director Sarah Kirby who leads the Culture and Education team add,
“This exciting new chapter at JMP is something we are all excited about, empowering us to be at the heart of the future creative and business direction of the practice.”
Since its inception in 1993 the practice has actively developed a wide-ranging programme of social and educational initiatives that widen access to the profession and support community engagement, which is set to be strengthened going forward as a further element within the new ownership model.
images:
MBO © Robert Clayton
BM_ARC: © Hufton + Crow
Sloane Street: © Hufton + Crow
Saïd Business School: © JMP
Sydney Central Station Metro Upgrade: © Brett Boardman
Waterloo Station, Sydney: © Peter Bennets
