Industry News

Redwood City-based Oracle Corp. is planning to build office facilities totalling 1.3 million square feet in Rocklin and Dublin, accommodating up to 4,500 additional employees. Adding 460,000-sf to the existing 100,000-sf Rocklin facility, the software giant has also planned an 800,000-sf expansion at the Dublin transit center complex.

Drexel University in Philadelphia has contracted Burt Hill Kosar Rittelmann Associates to design a new $30 million, 150,000-sf, five-story research building. 

Inktomi will lease space in the Wilson Cornerstone (now Equity Office) development currently under construction a mile from its Foster City headquarters. Construction began in March 2000 on the sleek 8-story 388,000-sf Parkside Towers which feature a large lobby and parking facility. Inktomi plans to move later this year.

Bedminster, N.J.-based Verizon Wireless plans to build a 175,000-sf network operations center in the Solana business complex in Southlake. The $20 million center is one of two centers (the other in Bedminster) that monitor and control the firm's nationwide network.  Employing 400 people in its first phase, the facility could potentially expand to 350,000 sf and accommodate 1,000 employees.

The United States Institute of Peace will convert a parking lot near the Vietnam and Korean war memorials into a 75,000- to 100,000-sf facility to promote the use of peaceful means in the prevention, management, and resolution of international conflicts. The $31-million to $35-million structure will house approximately 60 employees. It will accommodate both conference and research space as well as an exhibit area, and will provide 340 underground parking spaces, to be shared with the nearby Navy medical facility.