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
Carolinas HealthCare System Constructs Levine Children's Hospital
Carolinas HealthCare System broke ground in September 2004 on the $85-million Levine Children's Hospital at the Carolinas Medical Center complex in Charlotte, N.C. Additionally, Carolinas is planning a $5-million expansion of the complex that will connect the children's hopital, the ICU Tower, and the existing facility on the site. Constructed in tandem with the children's hospital, the 22,000-sf addition will expand the pharmacy and cafeteria and is slated for completion in 2007.
Cincinnati Financial Expands Fairfield Headquarters
Cincinnati Financial Corp . is planning a $98-million expansion of its Fairfield, Ohio, headquarters. The first phase of construction will commence in January 2005 with the construction of a 700-car underground parking garage. The second phase, comprised of a 487,000-sf, seven-story office tower to be built on top of the garage, will begin in September 2006 with completion expected in September 2008. Cincinnati Financial Corp. currently accommodates 2,800 employees at the 800,000-sf Fairfield site.
Genentech Plans South San Francisco Development
Genentech is planning to develop up to 600,000 sf of offices and labs on 20 acres to be purchased in Oyster Point near its South San Francisco headquarters. Genentech currently occupies 33 facilities in South San Francisco, and has applied with the city to expand its 72-acre campus to 111 acres.
Trinity Academy Constructs North Raleigh Campus
Private college preparatory school Trinity Academy of Raleigh is initiating construction of its new $19.2-million campus in north Raleigh, N.C. Housing a library, labs, classrooms, performing arts areas, and fields, the 197,000-sf campus will accommodate approximately 840 students. The first $2.7-million construction phase will include a $1.5-million gymnasium. The project will be developed in four phases.
Construction Begins on Arkansas Public Health Laboratory
Construction began in August 2004 on a $23-million public health laboratory in Little Rock for the Arkansas Department of Health. When completed in December 2005, the three-story, 82,000-sf facility will include nearly 50,000 sf of laboratory space for the high quality testing and control of bioterroristic agents as well as infectious and genetic diseases. The facility's architectural team includes designers at Atlanta-based Lord, Aeck & Sargent and Little Rock-based architect of record, The Wilcox Group.