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
Investigen Plans Hercules Facility
Investigen, an Alameda, Calif.-based biotechnology company, plans to build a 27,000-sf facility on a 1.8-acre site at the North Shore Business Park in Hercules. Investigen expects to occupy 10,000 sf of the structure, subleasing the remaining 17,000 sf.
Organization of American States Plans Building Renovation
The Organization of American States plans to renovate its General Secretariat building in Washington, where operations will be consolidated onto six floors and a lower level; three remaining floors will be leased. OAS selected the architectural firm Group Goetz and the engineering firm Joseph Loring Inc. to work on the project.
Institute for International Economics To Occupy New Washington Headquarters
The Institute for International Economics will soon move to a new 25,000-sf headquarters in Washington. The building was designed by New York-based Kohn Pedersen Fox Associates and built over 14 months by Sigal Construction. The developer of the project is Kaempfer. The Institute is a private, non-profit research organizaiton.
WorldCom Opens Billerica Data Center
Telecom giant WorldCom Inc., based in Clinton, Miss., opened a new 110,000-sf data center in Billerica in October 2001. The facility offers security, climate-control, and power-supply features, as well as on-site tech support, bandwidth options, performance reporting, and access to WorldCom’s global Internet protocol network. WorldCom’s long-term goal is to open approximately 70 data centers around the world that offer the company’s hosting and Internet-services business.
Visa Builds New Foster City Facility
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.