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
Southwest Texas State Plans Multi-Institutional Teaching Center
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.
Network Associates Builds Plano Office Building
Network Associates is building a new 170,000-sf office building on a 15-acre parcel at Legacy Corporate Park in Plano. Carr Development, an affiliate of Carr America Realty based in Washington, D.C., will develop the three-story building for the network security company. Architect for the project is Good Fulton Farrell, with interior design by Gensler & Associates. Completion of construction is expected at the end of 2002.
GlaxoSmithKline Will Occupy New Gulph Mills Office Building
GlaxoSmithKline (GSK) plans to move 800 employees into a new five-story building under construction at the Renaissance Corporate Center, a 250-acre office park in Gulph Mills. Liberty Property Trust is building the $40-million, 200,000-sf build-to-suit, which is located across the street from the company’s other research and office operations. GSK is also considering expansion at its Upper Merion, Penn., location.
IBM Establishes Austin Research Lab
IBM Corp. is creating a low-power computing research center in Austin to develop energy efficient information technology. Based in Armonk, N.Y, IBM is establishing the Austin lab to increase the power efficiency of servers, software, computer chips and other technologies. IBM has undertaken a company-wide initiative to develop low-power computing.
Wyeth-Lederle Expands Sanford Facilities
Wyeth-Lederle, a subsidiary of Madison, N.J.-based American Home Products, completed a 40,000-sf addition to its Sanford facility in 2001 and has embarked on an additional 115,000-sf expansion. The $125-million project will increase employment from 540 to 800 workers, making Wyeth-Lederle the fourth-largest North Carolina biotech employer. The 345,000-sf facility will include manufacturing and R&D space. Wyeth-Lederle currently owns 215 acres in Sanford.