Industry News

Iomega Corp. is relocating its corporate headquarters to 10,000 sf in San Diego within the next six months. One hundred marketing and executive staff members will be moved, with the company's R&D operation remaining in Roy, Utah.

Cypress Semiconductor plans to install a $2.1-million, 335-kW solar power array at its new administrative facility in San Jose, providing about 12 percent of Cypress’ energy. The three-story building is scheduled to open in January 2002, and the solar energy system installed by PowerLight Corp. of Berkeley, Calif., is expected to pay for itself in seven years. The system can be retrofitted as technology improves, and is expected to last 25-30 years.

The Internal Revenue Service will have a new 45,504-sf office at SouthTech Business Center, a recently completed 260,000-sf complex in Austin. The building will house offices featuring raised flooring. Parking for 192 vehicles is also included. Move-in is scheduled for the first quarter of 2003. The General Services Administration found the space for the IRS. Hill Partners Inc. is the developer of the complex.

A $38 million expansion of the Leominster, Mass. campus of HealthAlliance Hospitals Inc. was recently completed by The George B.H. Macomber Company, a Boston-base construction firm. Designed by DiGiorgio Associates, the project includes a 104,000-sf addition to the hospital consisting of a new main entrance, radiology, surgical, critical care services, and outpatient area. The building houses both medical-surgical and post-operative facilities, complete with an admitting area.

Magna-Lab opened a new 5,600-sf corporate headquarters in Lynnfield to provide support to its sales and marketing, R&D, engineering, and administrative staff. Magna-Lab Inc. develops products that increase MRI technology effectiveness.