Tradeline, Inc. filters and categorizes new-construction and industry news from regional and professional journals across the country. Here you will find new projects, products, and regulatory updates.
Industry News
Jones Lang LaSalle Merges with Staubach Co.
Jones Lang LaSalle (JLL) will merge with The Staubach Company in the third quarter of 2008. The agreement will enhance JLL’s global service platform with Staubach’s tenant representation expertise. JLL will acquire The Staubach Co. for a total cost of $614 million and the combined operation will operate under the Jones Lang LaSalle name.
NASA Breaks Ground on Michoud Research and Development Administration Building
NASA is constructing the $40 million, five-story Research and Development Administration Building at the Michoud Assembly Facility in New Orleans. The 120,000-sf facility is funded by the state of Louisiana through the University of New Orleans Research & Technical Foundation and the Louisiana Office of Economic Development as part of a long-term partnership agreement with NASA. It will contain administrative offices, a conference center, and collaborative R&D space for partner organizations including the National Center for Advanced Manufacturing.
University of Alabama Plans Capstone College of Nursing
The University of Alabama is planning to construct the 63,000-sf Capstone College of Nursing in Tuscaloosa. The $20 million, three-story facility will create a new gateway to the campus. The project manager is Hoar Construction.
Skidaway Institute of Oceanography Breaks Ground on Marine Laboratory
The Skidaway Institute of Oceanography is building the Marine and Coastal Science Research and Instructional Center (MCSRIC) on Skidaway Island, Ga. The project broke ground in December of 2007 and will house 11,000-sf of research laboratories, space for visiting scientists, and instructional space for University System of Georgia marine science students. LEED certification for sustainable design will be sought for the facility, which is slated for completion in spring of 2009.
University of Minnesota Opens Medical Devices Center
The University of Minnesota opened the Medical Devices Center at the Twin Cities campus in Minneapolis on June 24, 2008. The $400,000 technology-rich facility will enable researchers to design, prototype, and test new medical devices. Housing a computer-aided precision design center, a fabrication facility, and a 3D surgical imaging suite, the Medical Devices Center is part of the University of Minnesota's Institute for Engineering in Medicine (IEM). The Institute will expand to a total of 50,000-sf of research and office space on three floors by 2011.