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
Wellesley College Redevelops Alumnae Valley
Wellesley College has selected Genesis Planners and Builders Inc. of Waltham as project manager for its Alumnae Valley redevelopment. Scope of the project, to be completed by 2005, includes landscape restoration of the valley, a new campus center, and a 500-car garage.
Merck Builds New Longwood Research Facility
Merck & Co. Inc. has selected the Boston office of Bovis Lend Lease to provide construction management of the Merck Research Center in the Longwood Medical Area. The 12-story, 390,000-sf facility is slated to open in 2004 and will house biology and chemistry labs, a 285-seat auditorium, administrative offices, a six-level below-ground parking structure, and space for mechanical equipment.
Iomega Eyes SoCal For Relocation
Iomega Corp. of Utah is considering locations in Southern California for relocation of its headquarters. The high capacity diskette, drive, and data storage maker is favoring Orange County sites over San Diego at present, due to the grouping of data storage companies in the area and a large labor pool. In addition to relocating some of the 500 employees currently housed at the firm's headquarters near Salt Lake City, Iomega hopes to draw new staff that were previously deterred by location. Some Utah facilities will be retained in the move.
BioSmart Excelerator Planned in Montgomery County
BioSmart Excelerator, a 30,000- to 50,000-sf intermediate incubator for mezzanine bioscience companies, is being planned for Montgomery County, Md., by the former director of Maryland’s Technology Development Center, Duc Duong. Once funds are raised, BioSpace Development of Pittsburgh will design the facility. Duong will build nine more second-stage incubators in the next 10 years if the original concept is successful.
University of San Diego Breaks Ground on Science and Technology Center
The University of San Diego broke ground in May 2001 on the new four-story, 150,000-sf Science and Technology Center. The $47-million building will contain state-of-the-art labs, a vivarium, a greenhouse, aquariums, an astronomy deck, and a large conference area. San Diego architects Carrier-Johnson designed the facility, which is being built by Rudolph/Sletten. Completion is anticipated by 2003.