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
America Online Expands in Northern Virginia
America Online (AOL) has expansion plans in Northern Virginia. Construction began in late 2000 on a new $555 million technology center in Gainesville, similar to the one AOL has in Manassas. Both are in Prince William County, Va. At the company's headquarters in Dulles, an $86 million expansion is under way with two new buildings where 1,200 employees will be housed. One of the buildings is nearing completion.
Inktomi Expands in Foster City
Inktomi, an Internet infrastructure company based in Foster City, plans to expand near their headquarters with a 381,000-sf two-building complex at the $132-million Parkside Tower development. The two eight-story buildings accommodate 17,400 sf of retail on the ground floor and two three-story parking structures. Completion of construction is anticipated in December 2001. The developer is Wilson Cornerstone.
Cyberfortress Planned for Elk Grove Village
Cyberfortress'@O'Hare, a 130,000-sf state-of-the-art Internet hosting facility being developed by DataCentersNow LLC, will be designed by RTKL Associates Inc.'s Applied Technology Group. RTKL will provide site planning, architecture, MEP, and all mission critical design for the facility to be located in Elk Grove Village. Clark Global Technologies of Bethesda, Md., a division of Clark Construction, will be responsible for construction of the facility. Completion is scheduled for May 2001.
Cisco Systems Expands in Dublin
Cisco Systems Inc. plans to occupy two of three buildings under development at Emerald Point in Dublin. The two buildings, currently under construction, will provide general office and R&D space for Cisco. The first building is scheduled for occupancy in spring 2001, the second in spring 2002. Opus West is the developer. Cisco is expanding in a number of San Francisco bay area cities including Pleasanton, Fremont, Coyote Valley, Milpitas, Alviso, and Petaluma.
Multek Inc. Plans Austin Circuit Board Plant
Multek Inc. plans to build a state-of-the-art printed circuit board plant in Austin. The company is seeking a 50-acre site for the manufacturing center that would employ as many as 1,800 people when it opens in mid- to late 2002. Multek is consulting with Endeavor Real Estate Group of Austin on the development of the project.