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
San Jose City Council Develops Bioscience Incubator
The San Jose City Council has approved the creation of a $6.5-million bioscience incubator in the city's Edenvale development. Housing wet labs, offices, common space, and support for up to fifteen bioscience startups, the 33,750-sf facility is expected to open in spring of 2004.
Patriot Plaza Developed in D.C.
Construction will begin in March 2003 on the first building of Trammel Crow's planned $300-million Patriot Plaza in Washington, D.C. The first phase, designed to accommodate a government or private tenant, consists of a 280,000-sf office facility pre-engineered to meet stringent security regulations, including the framework to accommodate blast-proof windows, 30-foot setbacks from the curb, a hardened shell, and progressive collapse avoidance.
International Monetary Fund Begins Headquarters Construction
Construction has begun on the International Monetary Fund's new Washington headquarters. The 650,000-sf facility, designed by New York-based Pei Cobb Freed & Partners and associate architect Weihe Design Group, includes a 450-seat meeting room, a restaurant, and three levels of underground parking. Developer for the project is CarrAmerica Realty, and the general contractor is Clark Construction Group.
Montclair State University Plans New Academic Facility
Montclair State University has selected The S/L/A/M Collaborative of Glastonbury, Conn., to design a new, 6-8 floor academic building. The 190,000-nsf (271,428 gsf) structure will house 52 classrooms of various sizes as well as The College of Education and Human Services; The Office of Information Technology; and a 31,000-sf Conference Center. Completion of the $54,285,600 project is anticipated in February 2005.
Pharmaceutical Product Development Plans Wilmington Expansion
Wilmington-based Pharmaceutical Product Development (PPD) is negotiating construction of an additional 70,000-sf facility at its Barclay Commons campus with developer Cameron. PPD, a contract research firm for pharmaceutical and biotech companies, has two existing buildings totaling 60,000-sf and 70,000-sf at the site.