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
Cypress Semiconductor Installs Solar Energy Systems
Cypress Semiconductor plans to install a $2.1-million, 335-kW solar power array at its new administrative facility in San Jose, providing about 12 percent of Cypress’ energy. The three-story building is scheduled to open in January 2002, and the solar energy system installed by PowerLight Corp. of Berkeley, Calif., is expected to pay for itself in seven years. The system can be retrofitted as technology improves, and is expected to last 25-30 years.
IRS To Occupy New Austin Facility in 2003
The Internal Revenue Service will have a new 45,504-sf office at SouthTech Business Center, a recently completed 260,000-sf complex in Austin. The building will house offices featuring raised flooring. Parking for 192 vehicles is also included. Move-in is scheduled for the first quarter of 2003. The General Services Administration found the space for the IRS. Hill Partners Inc. is the developer of the complex.
New Magna-Lab Headquarters in Lynnfield
Magna-Lab opened a new 5,600-sf corporate headquarters in Lynnfield to provide support to its sales and marketing, R&D, engineering, and administrative staff. Magna-Lab Inc. develops products that increase MRI technology effectiveness.
Massachusetts College of Art Completes Residence Hall
Massachusetts College of Art's new nine-story, 123,000-sf residence hall was initiated by a topping-off ceremony held by Corjen Construction LLC of Boston. The facility is slated for completion in July of 2002 and will house apartment suites for 306 students.
Vertex Occupies New Cambridge Biotech Facility
Vertex Pharmaceuticals has occupied a new 190,000-sf biotech office and lab building in Cambridge. Designed by Somerville-based Arrowstreet Inc., the facility was developed by Lyme Properties LLC.