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.
Eisai Expands Triangle Facilities
Tokyo-based Eisai is expanding its 24,000-sf facilities at the Keystone Industrial Park in Durham with the lease of an additional 40,000 sf. The pharmaceutical company plans to add 30 employees and gain more distribution space, in addition to Eisai's 85,000-sf manufacturing facility in Research Triangle Park. Eisai's U.S. headquarters are in Teaneck, N.J.
City of Medicine Center Planned in Durham
An expansion of the Durham Veterans Affairs Medical Center will create a new $160-million "City of Medicine Center". The mixed-use campus will include research labs, private-sector medical office buildings, educational-administrative offices, residential facilities and retail space. The U.S. Department of Veterans Affairs is joining national real estate firm LCOR of Pennsylvania in developing the City of Medicine Center, which is slated to begin construction in four to six months.