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Architecture firm Ellerbe is sold
No job cuts are expected from the sale of the 100-year-old firm.
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Ellerbe Becket, an architecture and engineering firm founded in Minneapolis 100 years ago, has been sold to a Los Angeles-based architecture, planning and engineering firm. Terms of the sale to AECOM Technology Corp. were not disclosed.
The firm will be renamed AECOM Ellerbe Becket. Ellerbe officials said no job cuts will result from the sale. Ellerbe has more than 450 employees in the United States and Middle East, including 249 in Minneapolis.
Ellerbe CEO Rick Lincicome said the sale allows his firm to provide a broader range of services in more markets. AECOM now serves clients in more than 100 countries.
Ellerbe specializes in designing health care, sports, government, corporate and higher education facilities. Its Minnesota projects include LaSalle Plaza and U.S. Bancorp Center in downtown Minneapolis, Science Museum of Minnesota in St. Paul and Mayo Clinic Gonda Building in Rochester. Other projects include Conseco Fieldhouse in Indianapolis for the NBA's Indiana Pacers, Qwest Field for the NFL's Seattle Seahawks, University Hospital in Dubai Healthcare City, and Samsung Cancer Center in Seoul, South Korea.
SUSAN FEYDER
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