Industry News

Bay Area BioScience Center (BABC) is expanding from 880 sf to 1,550 sf with a move from downtown San Francisco to a new South San Francisco location. With 450 Northern California members, BABC is also planning to open a second East Bay office in or near Berkeley this summer. Long-term plans include a Mission Bay office location as other biotechs move into that development.

Delta Search Labs is building a $300-million supercomputer lab in 50,000-sf of leased space at 700 Technology Square at the Massachusetts Institute of Technology. Expanding its 15,000-sf Kendall Square supercomputer operations, the new facility will enable researchers to visualize their data. 

Kennesaw State University is developing University Place, comprised of 11 three-story residential buildings and a 1,500-car parking deck. The $61-million, 700-bed project is a public-private venture built not with taxpayer dollars but with tax-exempt bonds and a nonrecourse loan. The 196-unit development included the Kennesaw State University Foundation's purchase of nine private homes and an existing apartment complex, which also helped fund the project.

Orix Real Estate Equities of Chicago is planning to build Washingtonian South, a two-building, 350,000-sf Class A office complex and parking structure in Gaithersburg. Located on a 7.4-acre site in the mixed-use Washingtonian Center business park, the development will be marketed to health and life science tenants. Construction is slated to begin in the fall.  

Alamo Community College District recently celebrated the opening of its Advanced Technology Center (ATC). The workforce training center, sited at KellyUSA, features video teleconferencing capabilities to connect multiple classrooms with company sites worldwide. Fostering ties with the aerospace, defense, and IT industries, the ATC will provide training in avionics and computer-integrated manufacturing.