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
Amgen Considers RTP Location for R&D Project
Amgen, based in Thousand Oaks, Calif., is considering locations in Research Triangle Park for a new $500-million, 250,000-sf facility. The project would include at least 250,000 sf for biological manufacturing, clinical, and development operations. The biotech company is expanding at its other locations as well. A 92,000-sf research center opened in Cambridge, Mass., late last year; two drug R&D buildings and a parking garage are being added in Thousand Oaks; and the company plans to expand manufacturing at its 232-acre site in Longmont, Colo.
Lockheed-Martin To Occupy New Mount Laurel Offices
Lockheed-Martin plans to occupy at least two buildings at a new four-building office park under construction in Mount Laurel. The developer of the 400,000-sf complex is Whitesell Construction Co. Inc. of Delran, Penn.
Drexel University Expands With Business Learning Center
Drexel University’s Bennett S. LeBow College of Business is expanding with the new Leonard Pearlstein Business Learning Center, now under construction. When it opens in fall of 2002, the $15-million structure will connect to LeBow’s main building, and will accommodate seminar rooms designed like boardrooms, offices, computer labs, and study rooms. Architect for the project is Philip Johnson.
Temple University Occupies State-of-the-Art Philadelphia Building
Temple University City Center has relocated to a new six-story, 126,866-sf, state-of-the-art building in the center of downtown Philadelphia’s business district, a public transportation-friendly location. The $11.1-million structure, approximately 35,000 sf larger than the previous facility, is equipped with “smart carts” for overhead presentations, lounges on every floor, and views from every classroom. Temple’s Fox School of Business, the Real Estate Institute, and a new criminal justice institute will all be located at the new campus.
UC Berkeley Plans New Office Building
The University of California is making plans for a new 60,000-sf office building adjacent to the Ernest Orlando Lawrence Berkeley National Laboratory. The University’s Board of Regents is seeking a developer to design, build, finance, and maintain the building. Construction is slated to begin in 2003, targeting May 2005 for occupancy.