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
Strategic Data Services Develops Missile Silo Data Center
Roswell, N.M.-based Strategic Data Systems is developing a facility capable of hosting 1 million gigabytes of data in in two former Atlas F nuclear missile silos. Comprising 1.2 million sf, the 22-floor facility will have 100 servers on each floor. The massive computer storage system will be protected by a structure built to withstand most natural and manmade disasters, and features four-foot-thick concrete walls, 4,000-pound steel doors, and a diesel-powered backup generator. The silos will employ sixty workers once operational.
PeopleSoft Constructs Pleasanton Facility
Software firm PeopleSoft is constructing a 180,000-sf facility on 20 acres in Pleasanton, Calif. The $45-million project is expected to reach completion in the third quarter of 2003.
Biodynamic Research Breaks Ground on San Antonio Facility
Biodynamic Research Corp. (BRC) will lease 38,000 sf in a new 70,045-sf single-story tech building in San Antonio. Ground was recently broken on the facility, the second phase of the University Heights Tech Center, by developer R.L. Worth and Associates of San Antonio. The building will feature a high degree of office finish-out and large floorplates, as well as a high parking ratio: 6.16 cars per 1,000 rentable square feet. BRC is a professional services and research firm and a leading consultant in biodynamics research.
NVR Building Products Relocates to Delanco
NVR Building Products will house its product manufacturing division in a 131,000 sf facility on fifty acres in Delanco, N.J. The building will be constructed by Charlotte, N.C.-based real estate developer The Keith Corp. The $12-million project is slated for completion by November 2003. NVR Building Products is a subsidiary of NVR Inc., a homebuilding and mortgage banking company based in McLean, Va.
FDIC Expands Arlington Offices
The Federal Deposit Insurance Corp. (FDIC) will expand its main office in Arlington's Virginia Square, adding 415,472 sf to its 370,000-sf campus. The $75-million development will accommodate an additional 1,100 employees. Comprised of two nine-story towers with ground-floor retail, the project is slated for completion in 2006. The FDIC will vacate leased offices in the district but will maintain its headquarters office across from the Old Executive Office Building.