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
ACET Incubator Considers Former Naval Fleet Site
Advancing California's Emerging Technologies (ACET) may team up with Catellus Development to create ACET's new home on 3.3 acres of the 213-acre former U.S. Naval Air Station Fleet Industrial Center. Originally a bioscience incubator, ACET has expanded its focus to include technology and energy applications. Currently operating from 8,800 sf of smaller Alameda Naval Air station labs, the ACET is seeking a $64-million grant to cover land, design and building costs for the new facility.
Genmark Expands with Milpitas Facility
Genmark Automation, expanding its tool and factory automation operations for the semiconductor industry, is developing a new 53,000-sf Milpitas facility which will be fully operational by midsummer of 2002. Genmark aims to efficiently produce technologically dynamic integrated automation solutions for customer productivity.
Genzyme Develops Green Headquarters
Genzyme Corp. received a $321,750 grant from the Massachusetts Technology Collaborative (MTC) for its 280,000-sf "green" headquarters under construction in Cambridge.
DreamWorks Consolidates in Redwood City
DreamWorks has relocated its animation offices into 120,000 sf at Pacific Shores Center in Redwood City, Calif. The computer animation division, which is based in Palo Alto and employs 300 workers in three sites, will also be consolidated into the Redwood City facilities.
Southwest Business Corp Plans Service Consolidation
Southwest Business Corp. plans to consolidate its services at a new 100,000-sf headquarters on a 3.7-acre site in North Central San Antonio. Groundbreaking for the $12 to $14-million building plus 4.5-story parking structure is planned for 2003, with occupancy anticipated in 2005. The company provides insurance and financial services.