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
Capital One Consolidates in Tysons Corner
Capital One Financial, based in Falls Church, Va., has plans to consolidate five regional offices at a new corporate campus in Tysons Corner in Northern Virginia. The 28-acre site will accommodate 700 employees in 2002, when the facility is scheduled for completion.
USAA Builds Operations Center in Phoenix
USAA's Western Operations Center has broken ground in Phoenix. Two three-story buildings with 116,097 sf each will house 550 employees when construction is completed in 2001. A second phase of construction will commence in 2001. In 2002, 700-750 more employees will be added.
New Building for Office of Student Financial Assistance
General Services Administration (GSA) is planning a new $35 million, 215,000-sf facility in Washington for the Office of Student Financial Assistance, a Department of Education division. Groundbreaking is scheduled for May 2000, with occupancy anticipated by October 2001. Greenbaum & Rose of Washington is the developer for the project. The general contractor is Centex Construction of Fairfax, Va.
Discovery Builds Global Headquarters
Discovery Communications has plans to house 2,000 employees at a $150 million, 500,000-sf global headquarters to be built on four acres in Silver Spring. Gensler is the strategic planning/interior design architect for the project. The Smith Cos. will design the base building. The general contractor is Clark Construction.
GTS Builds Data Center
Global TeleSystems (GTS) is building a 55,000-sf data center in Loudoun County to service Internet companies. Completion is scheduled for the fourth quarter of 2000. Based in McLean, Va., GTS is the U.S. division of the British company.