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
Oiles America Completes Concord Plant
Oiles America Corp ., a maker of self-lubricating bearings, has recently completed a 32,000-sf expansion of its Concord, N.C., plant. Built by general contractor C.M. Black Construction Co., the $2-million addition will raise employment at the facility to 100 workers. Sited in The International Business Park at Concord, the expansion of Oiles' existing 46,000-sf plant to a footprint of 78,000 sf will enable the company to relocate headquarters operations to the facility from Plymouth, Mich.
Nabi Opens Boca Raton Vaccine Plant
Nabi BioPharmaceuticals dedicated its new 12,000-sf vaccine manufacturing facility in Boca Raton, Fla., in June, 2005. Sited at the company's existing headquarters, the $20-million facility will produce StaphVax, a vaccine for the prevention of hospital-born staph infections.
Lucasfilm Occupies Presidio Campus
Lucasfilm will begin occupancy of its Letterman Digital Arts Center at the Presidio in San Francisco in early July of 2005. Housing between 1,300 and 1,500 employees, the new Presidio headquarters will allow Lucasfilm to consolidate operations from three San Rafael locations. Lucasfilm spent $350 million on the renovation of the 800,000-sf facility, a former army hospital now reconfigured as four separate buildings. Lucasfilm holds a sixty year lease on the property at approximately $6 million per year.
University of Chicago To Construct New Research Building
The University of Chicago will break ground in fall 2005 on its $160-million New Research Building. The ten-story, 300,000-sf facility will provide space for clinical research in the Biological Sciences Division. Additionally, the University of Chicago is nearing completion on the Center for Integrative Science in August 2005.
Children's Museum Plans Boston Expansion
The Children's Museum is planning a 22,000-sf expansion of its 150,000-sf, six-story Boston facility. The two-story addition will include a new central entrance, lobby atrium, climbing structure, an "adventure center," and a "global gallery" accommodating traveling exhibitions. The museum will also renovate space throughout the existing facility. Construction is slated to begin in spring 2006 and reach completion in approximately 18 months.