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
Hewlett Packard Expands Memphis Footprint with Distribution Center
Hewlett Packard Co. has expanded its presence in Memphis, Tenn., with the lease of the 789,000-sf Summit Distribution Center II. The facility will accommodate distribution operations for HP's imaging and printing businesses. Operations at the Memphis facility will be filled by Menlo Worldwide, a third-party supplier. The facility is expected to become operational in fall 2005.
University of Florida To Build Interdisciplinary Research Facility
The University of Florida will initiate construction on a new multidisciplinary research facility on its Gainesville campus by late fall 2005. Slated for completion in spring 2006, the project will accommodate research for the UF Genetics Institute, the UF Shands Cancer Center, and the Interdisciplinary Center for Biotechnology Research. The six-story, 350,000-sf building will house research laboratories, animal research facilities, faculty and administrative offices, and a rooftop greenhouse.
Seoul National University Constructs Medical Bioengineering Laboratory
Seoul National University began construction in August 2005 on the $25-billion won Hwang Woo-suk Research Center in Kwanak, Korea. The state-of-the-art medical bioengineering laboratory will accommodate research in primate studies, molecular biology, cell transplants, animal cloning, and stem cell research. Completion is expected in October 2006.
Hudson-Alpha Institute for Biotechnology Planned in Huntsville
The Hudson-Alpha Institute for Biotechnology will construct a $130-million research institute and campus in Huntsville, Ala., by 2007. Sited on 120 acres in the Cummings Research Park, the project will be the second largest biotechnology institute on the second largest biotech campus in the nation upon completion. The north wing will house eight science teams and the south wing will house eight small biotech companies that can expand to sites in the biotech park to accommodate growth.
University of Texas M.D. Anderson Cancer Center Consolidates with New Office Building
The University of Texas M.D. Anderson Cancer Center is planning to construct a 730,000-sf office building in Houston. The $145-million facility will be called Faculty Center and will consolidate faculty, academic departmental space, and administrative functions currently housed in leased locations beyond the M.D. Anderson campus. The Research Medical Library will also be relocated to the new building. Construction will begin on the 21-story facility in November 2005 with occupancy expected in spring 2008.