Charlotte, N.C.
Electric Power Research Institute (EPRI), pressured by California's high real estate prices, is expanding instead in Charlotte, rather than in Palo Alto, Calif., where the institute is headquartered. The new $5 million building will be constructed at the 10-acre site where EPRI's current 102,000-sf operations are located. The new 50,000-sf structure will accommodate traditional office functions, freeing up space in the existing building for more research and laboratories.