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
Cisco May Expand Planned Boxborough Campus
Cisco Systems’ planned 10-building, 1.5-million-sf office campus in Boxborough may be enlarged by half again as much if approvals from state and town agencies are granted. An additional 500,000 sf in three buildings would be added to the Boxborough site, where three structures are half built, and four more have already been approved. The San Jose, Calif.-based company hopes to consolidate several of its Massachusetts facilities at the Boxborough site. Move-in is anticipated in mid-2003 at the earliest.
Vanguard Completes Three Malvern Campus Buildings
Vanguard Group has completed construction of three 120,000-sf structures at its 300-acre campus in Malvern. The company is beginning preliminary work on an additional 2.5 million sf, with phase one construction on the proposed project starting as early as spring 2002. The multi-phased project would begin with two buildings, each 320,000 sf, on 70 acres of the company’s 250-acre Downington campus.
UC Berkeley Plans Albany Mixed-Use Campus
The University of California, Berkeley, has issued an RFQ for the transformation of 26 acres at its University Village in Albany to a $100-million, mixed-use residential and retail campus. The University hopes to begin construction by early 2003 at the site, where currently student and faculty housing, a community center, baseball fields, and university agricultural research space are located. The selected developer will be asked to improve the community center and baseball fields, build a child and infant care center, and protect as open space two creeks running through the site.
Visa Expands in Foster City
Visa International will add a fourth building at its 8.5-acre campus in Foster City. Construction is expected to begin in spring 2002 on the six-story, 199,404-sf building. Swinerton Builders built the first of Visa's three buildings, and is thought to have been selected as contractor for the new project.
TherImmune Expands in Gaithersburg
TherImmune is expanding near its headquarters in Gaithersburg. The company will move its lab services division into a 14,000-sf facility down the street in March 2002, and corporate offices will occupy 8,000 sf across the street, for a total of 90,000 sf occupied by TherImmune in Gaithersburg. TherImmune handles contract research and tests drugs for pharmaceutical and bioscience companies.