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
WFU Baptist Medical Plans New Cancer Center
Wake Forest University Baptist Medical Center has plans for a comprehensive new cancer center. The $75 million, 257,350-sf outpatient facility will consolidate all existing oncology services. If approved, construction will soon begin on the planned four-story building, with completion estimated for summer of 2003.
Teleglobe Relocates Headquarters to Reston
Teleglobe is relocating its corporate headquarters from Montreal to Reston, adding 200 personnel to its 800-person staff base in Northern Virginia. As part of a plan to build data centers around the country, Teleglobe is planning an 126,000-sf facility in D.C. as well as searching for a site to lease on the Dulles Corridor in the "Silicon Valley of telecommunications".
Alkermes Leases Chelsea Site
Cambridge-based pharmaceutical company Alkermes, Inc., has leased 91,000-sf in Chelsea at Brickyard Square Biotech Park to house its subsidiary, Advanced Inhalation Research. The space features 28-foot high ceilings conducive to manufacturing. Alkermes will invest more than $25 million in the structure.
Wipro Plans India Development
Santa Clara, Calif.-based Wipro Technologies is planning a 30-acre campus in Hyderabad, India. As a part of Wipro Ltd., a Bangalore-based IT services provider, the software development center will house 3,000 software professionals. Wipro currently employs over 1500 workers in their existing Hyderabad facility.
New Biotech Lab in Durham
The Triangle Biotechnology Center, a new 17,000-sf laboratory facility, is being developed in Durham by Andrew Rothschild. The wet lab space, housed in the historic Clark & Sorrel Building, will contain suites for offices and labs as small as 1,600 sf.