Industry News

George Mason University Foundation has received approval for construction of a seven-story office building with a six-story, underground parking structure in Virginia Square. The $60 million project will sit on nearly two acres and provide 192,500-sf for office space and 13,275 sf of retail space on the building’s first floor. Above- and below-ground parking will accommodate 671 vehicles. The foundation uses private tenant lease money for acquisition and construction costs, selling or donating the building to the university when the project has been paid for.

REMEC Inc. has plans for an 81,000-sf expansion at Parkway Business Centre, where the company’s wireless products division has a 65,000-sf R&D facility. The expansion includes all of the Parkway Centre Five building, where construction is expected to be complete in September 2001. The structure will accommodate the company’s broadband radio, mobile wireless infrastructure, as well as the wireless division’s manufacturing. KMA Architecture and Engineering is the architect for the project; R.G. Petty is the general contractor.

Techplace @ 2 St., a new $1.5 million technology incubator located in a renovated former factory, is open in Philadelphia. A nonprofit group, Citizens Alliance, purchased the building, and has been rehabilitating it over the past two years. The facility will feature a cybercafe; a conference center for use by tenants, with Microsoft and Compaq Computer equipment; and adjacent parking. The grand opening is scheduled for December 2001.

CTC Communications has completed construction of the Advanced Technology Center, a 50,000-sf Class A Data Center, at its headquarters in Waltham. The new facility will allow the integrated communications carrier to lower costs and speed service for new products and applications, and will enhance opportunities for the company’s customers to outsource their mission-critical equipment and applications.

ADIC (Advanced Digital Information Corporation) plans to expand at Compark Business Park with a 148,204-sf facility that will provide 80,000 sf of office space and 68,000 sf of hi-tech manufacturing/warehouse space. The structure, originally a speculative project; was modified by Grubb & Ellis to fit ADIC’s specific requirements. ADIC expects to relocate by the end of 2001, and will use the building for manufacturing, R&D, test and systems engineering labs, customer service and support, and training activities.