Industry News

The Maryland Technology Development Center (MTDC) has completed a 5,000-sf expansion of its Rockville incubator, located in the Shady Grove Life Sciences Park, home to many young bioscience companies. The project entered the construction phase in November of 2001 and brought MTDC's total square footage up to 57,000 sf.  

Defense contractor BAE Systems is consolidating and expanding its corporate operations in Northern Virginia with a move to 134,000 sf of leased office space currently under construction at the Reston Commons. BAE Systems, based in Rockville, Md., will begin moving employees in phases beginning in June 2002.

Harvard University selected general contractor Lee Kennedy Co. Inc. to manage renovation of 53 Church St., creating a distance learning center and new classrooms. The $3.5-million project involves lifting the two-story historic building from its foundation and realigning the connection to an adjacent building with the addition of a new elevator core. Harvard was prevented from demolishing the original structure by the Cambridge Historical Society.

Southwest Texas State University is gathering proposals for the Multi-Institutional Teaching Center to be shared with Temple College's Taylor Center and Austin Community College. The campus would initially include an academic building and parking, with future expansion totalling up to 117,000-sf upon completion; 25,000-sf could be dropped if engineering and technology courses are not included in the Center's curriculum.

Cell Logic, a biotech startup of Boston venture capital firm Oxford Bioscience Partners, is relocating to Rockville, Md., from Westport, Conn., in spring of 2002. Approved plans to move into the Maryland  Technology Development Center incubator in the Shady Grove Life Sciences Park involve relocation of Cell Logic's single employee, CEO Greg Lennon.