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
Astrolink Plans Network Operations Center in Prince William
Astrolink International LLC is planning a new 80,000-sf telecommunications Network Operations Center at the Innovation @ Prince William site in Manassas. Scheduled to begin in August 2001, the $205 million project will function as a global telecommunication network providing state-of-the-art satellite technology. Service will be initiated in the second quarter of 2003.
Abgenix Expands in Fremont
Abgenix has acquired 72,000-sf of research and development space adjacent to its headquarters in Ardenwood Corporate Park in Fremont. This expansion of Abgenix's R&D space will provide facilities for developing antibody therapeutic products.
Oracle Expands in Rocklin and Dublin
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 Plans $30 Million Research Building
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 Expands in Foster City
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.