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
Novavax Relocates Headquarters to Pennsylvania
Novavax has completed the relocation of its headquarters from Columbia, Md., to 33,000 sf in the Great Valley Corporate Center in Malvern, Pa. The facility will enable the consolidation of Novavax's women's health and drug delivery operations in a single facility. Novavax will continue to occupy two R&D labs, one located in Rockville, Md., and one in California.
Bank of America Plans Green Manhattan Tower
Bank of America Corp. broke ground in August 2004 on One Bryant Park in Manhattan, a 52-story skyscraper designed to meet the platinum LEED® (Leadership in Energy and Environmental Design) designation. Designed by Cook & Fox Architects of New York, the facility features a gray-water capture and reuse system for rainwater and wastewater; an onsite 5.1-megawatt co-generation power plant that provides seventy percent of the building's daily power suppy; and recyclable and renewable building materials.
SRI International Transforms Menlo Park Campus
Leading research institution SRI International is planning to transform its 1.3 million-sf Menlo Park, Calif., campus with a project estimated to cost "several hundred million dollars." The rebuilding initiative will include renovation of seventy percent of SRI's research facilities in the next ten years, with construction expected to begin in 2006.
Toyota Expands Huntsville Engine Plant
Toyota Motor Corp . will double the size of its Huntsville, Ala., engine plant with a $250-million expansion. Bringing the facility to a total worth of $490 million, the project will enable the plant to produce approximately 400,000 engines annually upon completion. The expansion of the plant, which opened in mid-2003, is the second in fourteen months. The first $20-million expansion was initiated in July 2003.
University at Buffalo Develops NSF Earthquake Simulation Facility
The University at Buffalo is developing the National Science Foundation George E. Brown Jr. Network for Earthquake Engineering Simulation Facility at Ketter Hall on the University's north campus in Amherst, N.Y. The $21.2-million facility, part of the National Science Foundation's overall $81.9-million project to improve understanding of earthquakes, features dual shake tables capable of real-time seismic testing of structures up to 30 feet high and 120 feet long.