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
Alexandria Real Estate Develops Cambridge Lab Space
Pasadena, Calif.-based Alexandria Real Estate is developing 50,000 sf in Cambridge as speculative, generic lab space. Built out to between 80 percent and 100 percent completion, 790 Memorial Drive will facilitate quick move-in of early-stage life science companies. The project site is being developed for Alexandria by Spaulding & Sly of Boston and is located behind Polaroid Corp.'s headquarters.
Tokyo Electron America Plans R&D Facility
Tokyo Electron America is in the early planning stages for a $50-million, 40,000-sf 300-millimeter process integration center. The R&D facility will focus on developing tools for 300-mm chip manufacturing. Construction is slated to begin within two years at a 32-acre site near the company’s current operations in Southeast Austin. The semiconductor equipment supplier is a subsidiary of Tokyo Electron Ltd. based in Japan.
Verizon Designs Fuel Cell Facility For Call-Routing Center
Verizon has awarded a program management contract to Syska Hennessy Group to design and build a fuel cell facility as the primary electrical power source at their 332,000-sf Garden City call-routing center. Pending permit approvals, Verizon plans to start installation of seven fuel cells manufactured by UTC Fuel Cells, a unit of United Technologies Corp. The system is expected to be fully operational in 2004 and will operate in parallel with four new natural-gas powered engine generators, totaling more than 4 megawatts of generating capacity.
New U.S. Patent and Trademark HQ in Alexandria
LCOR Alexandria LLC, developer of the new U.S. Patent and Trademark headquarters, has chosen Turner Construction Company as the general contractor for the project. Scheduled for completion in June 2005, this massive project will consist of five office buildings totalling 2.6 million sf, two parking garages totalling 1.3 million sf, two townhouse/office buildings, and extensive sitework. The architect is Skidmore, Owings & Merrill through its Washington, D.C. office.
VaxGen Partners with Celltrion for Korean Manufacturing Plant
VaxGen, developer of an AIDS vaccine soon to exit phase 3 trials, will be acquiring a manufacturing plant in South Korea through a partnership with Celltrion, a South Korean venture partnership. Based in Brisbane, Calif., VaxGen will trade knowledge of human protein manufacturing for use of a manufacturing facility in Inchon, Celltrion's hometown. VaxGen will hold a 44% stake in the partnership. Celltrion aims to produce other biotech products at the facility in addition to VaxGen's vaccine.