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Industry News

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.

Naval & Maritime Integrated Systems to House Raytheon

Published 2/14/2001

The Naval & Maritime Integrated Systems Expeditionary Warfare Center is remodeling a 240,000-sf facility to house the operations of Raytheon Co. Approximately 30,000 sf of lab space in the building will be dedicated to the development, integration, and testing of the company's military electronics.

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MedImmune Plans New HQ in Montgomery County

Published 2/14/2001

MedImmune, based in Gaithersburg, Md., plans to select a site in Montgomery County for its new $60 million, 210,000-sf biotechnology headquarters. Phase I of the project includes construction of two buildings in a campus-style setting. The company will relocate its headquarters to the new building when construction is completed in 2002.

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Life Technologies Relocates to Frederick

Published 2/14/2001

Life Technologies, recently purchased by Invitrogen of San Diego, will see 400 employees relocated from Rockville's Shadey Grove Life Sciences Center to a new three-building campus on 15 to 20 acres in Frederick, where Invitrogen will centralize its U.S. distribution services. The site provides approximately 175,000 sf of manufacturing, distribution, and some R&D space, and a 50,000-sf warehouse that will be renovated. Plans may include construction of a new facility for expanded R&D services at the site.

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Millennium Pharmaceuticals Expands Cambridge HQ

Published 2/14/2001

Millennium Pharmaceuticals has opened a 200,000-sf addition to its headquarters in University Park, a 2.3 million-sf park in Cambridge. Over the next few years, the biotech company plas to construct an additional 212,000 sf, which will bring Millennium's presence to a total of 673,000 sf at the park.

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US SEC Plans Consolidated HQ in D.C.

Published 2/13/2001

The U.S. Securities and Exchange Commission has solicited proposals for a 630,000-sf headquarters site in order to consolidate its Washington, D.C., operations now housed in two locations. Boston Properties, a Boston-based real estate investment trust, was expected to submit a proposal by mid-December 2000 to use one of its properties, currently a parking lot within walking distance of the new Washington Convention Center, as the location for the project.

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