Industry News

Public Square Tech Center--a one million-sf high tech redevelopment project under way in Cleveland at the site of the historic May Company Building--will become a cutting-edge mixed-use center that will include technology uses, office, retail, and parking. The building offers over 100 watts per sf of power, multiple fiber providers, heavy floor loads (up to 170 pounds per sf), and high ceilings. Potential tenants include web hosting firms, switch facilities, and data centers.

GiantLoop Network has hired Peabody Construction of Boston to renovate an 89,000 sf facility in Waltham, MA. Technological upgrades are included in the project cost of $2 million.

Metrics opened its new 44,000-sf grassroots R&D Labs and Production Facility at the Indigreen Corporate Park in December 2000. The facility comprises 19,000 sf of analytical, dose evaluation, trace metals and raw materials labs; more than 7,000 sf of Class 100,000 cGMP manufacturing area with a fluid bed dryer; and 10,000 sf of offices. The GMP facility enables Metrics to develop, manufacture, and pack oral solid and liquid dosage forms and topicals.

Nordic Technology Park, a 43,500-sm building formerly used as a Soviet military communications factory, is being converted to an office building for the Baltic high-tech industry. American architects Arrowstreet of Somerville, Mass., working with Latvian architects Valenius un Stepe, are completely renovating the structure.

The American Red Cross has broken ground on a new 750,000-sf national headquarters facility. The Red Cross Chapter House, an historic 85,000-sf structure, will be part of the new design by D.C.-based Shalom Baranes Associates, along with a 10-story office tower. The Clark Construction Group will build the new facility, which is scheduled for completion in spring 2002.