Industry News

Nvidia Corp. will relocate its 350 employees to a new four-building headquarters campus in Santa Clara. The 500,000-sf project consists of four 125,000-sf buildings and a two-level, 550-space parking garage at an estimated cost of $180 million. The first two buildings are scheduled for occupancy by June 2001; the third by July 2001; and the fourth by March 2002. Each building will accommodate 500 people. The developer is Sobrato Development Cos. Nvidia makes 3-D graphic chips for PCs.

EDS, based in Plano, Texas, is planning to build a 200,000-sf facility at Washingtonian South in Gaithersburg. The giant computer company would also take an option on an additional 100,000 sf of space. Developer of the site is Peterson Cos. of Fairfax, Va.

EarthStation Netaxs, currently housed in 4,000 sf at Lee Park in Conshohocken, is relocating to a 33,000-sf structure at the Park with an option on an additional adjacent 33,000 sf. The ISP houses and monitors its clients' server computers that access the Internet. Special features at the new site include closed-circuit TV, site cams enabling clients to view their servers, and a sleeping area for employees staffing the data center 24 hours a day.

Tellabs Inc., a telecommunications company based in Lysle, Ill., has plans for a 270,000-sf two-building build-to-suit office complex where it will house as many as 1,000 employees.The first building in Chelmsford is scheduled for completion by July 2001. Boston Properties Inc. is the developer.

Cisco Systems Inc., based in San Jose, Calif., is considering the purchase of an additional 56-acre parcel in Boxborough where the company currently proposes building 1.8 million sf of office and research space at three sites that total 580 acres. The additional 56 acres would provide room for another 240,000-sf office facility for a total of more than two million sf in the area. Total costs are estimated at more than $200 million.