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
University of Minnesota Develops Research Facilities
The University of Minnesota is developing a $292 million biomedical research park in Minneapolis. The project includes the Center for Magnetic Resonance Research, slated for completion in summer of 2010; the Cancer Biomedical Research and the Lillehei Biomedical Research buildings, to be completed in 2012; and the Infectious Disease and Neuroscience Biomedical Research Building, slated for completion in 2013.
Boston Medical Center Constructs Ambulatory Care Center
Boston Medical Center is planning to build a $189 million ambulatory care facility. Developed in collaboration with the Massachusetts Health and Educational Facilities Authority, the nine-story, 245,000-sf project will be constructed in Boston’s South End upon demolition of the existing facility.
Kumho Constructs South Korea R&D Center
Kumho Tires broke ground on a 34,843-sm research and development center in Young-In, South Korea, in May of 2008. The $68 million facility will serve as the company’s global R&D hub and will house chemistry labs and advanced product testing technologies. Slated for completion by year-end 2009, the sustainably designed facility will be certified as a “green” building by Korea's Housing & Urban Research Institute.
University of Virginia Dedicates McIntire School of Commerce
The University of Virginia dedicated the McIntire School of Commerce in Charlottesville in May of 2008. Construction manager Gilbane Building Company partnered with architect Hartman-Cox on the 138,000-sf construction/renovation project which included a 114,000-sf addition to Rouss Hall named Robertson Hall. Rouss was also renovated and consolidated with the new addition to form a single building to accommodate the McIntire School of Commerce.
Paris Sorbonne University Creates Abu Dhabi Campus
Paris Sorbonne University is developing a campus on a greenfield site on Al Reem Island in Abu Dhabi. The Al Habtoor Leighton Group, in joint venture with Murray and Roberts, has been awarded a $350 million contract to design and construct the project for Mubadala Development Company. A 93,000-sm academic building is slated for completion in August of 2010 and will house two lecture wings, a library, an auditorium, administration, and dining.