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
Clear Channel Plans Consolidation
Clear Channel Communications Inc. is scouting the Stone Oak area with plans for a new approximately 360,000-sf building to consolidate several of its San Antonio departments. This is in addition to the company's 50,000-sf headquarters in Lincoln Heights, occupied in May 2000. Construction of the new facility--to be built in phases--is anticipated in summer 2001.
PG&E National Energy Relocation On Hold
PG&E National Energy Group's plan to relocate 650 employees from Bethesda to the Tower Oaks in Rockville has been put on hold due to Pacific Gas & Electric's energy problems in California. Although financed separately from Pacific Gas & Electric, PG&E National Energy Group's 450,000-sf project, which was planned for completion by late 2001, probably will not be completed until summer 2002 due to creditor hesitancy. When built, the complex could accommodate as many as 1,000 employees.
Sybase Completes New Dublin Headquarters
Sybase Inc., currently based in Emeryville, Calif., completed construction in May at its new corporate headquarters in Dublin. The 500,000-sf structure will accommodate 1,200 to 1,400 employees by the end of 2001. DPR Construction Inc. is the contractor.
Cisco Systems Pursues New Dublin Campus
Cisco Systems, based in San Jose, Calif., is preparing to go through the design review process for its planned five-building high-tech campus in Dublin. Economic factors, which had caused the company to reassess its plans in March, apparently will not halt the project. Opus West Corp. is the builder for 220,000 sf in two of the structures, the first of which is scheduled for completion in September 001, the second in early 2002.
Prentiss Builds "Green" Corporate Center
The two-building First Avenue Corporate Center is being developed by Dallas-based Prentiss Properties to include many "green" features. Each 103,000-sf building will have sun-deflecting, energy-efficient glass; an air-conditioning system that brings fresh air into the facility as carbon dioxide levels rise, as well as "flushing" the building each night with fresh air. Recycled steel will be used in construction, and carpets and wallpaper will be made from recycled materials. Construction has already begun on the first building.