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
Vermeulens Releases Q2-2018 Market Outlook
Vermeulens has released its market outlook report for the second quarter of 2018. Key points include:
Construction price escalation nationally has trended to 4 percent per annum for the second quarter of 2018. Due to consistent increases in construction costs over the past few years, the long-term trend for the Vermeulens Index is up to 3.4 percent from 3.3 percent.
Chapman University Opens Keck Center for Science and Engineering
Chapman University opened the $130 million Keck Center for Science and Engineering in late August of 2018 in Orange, Calif. Housing the Schmid College of Science and Technology, the three-story, 140,000-sf facility accommodates programs in biology, chemistry, biochemistry, physics, math, computational science, food science, psychology, and health science. Spacious teaching and research spaces are grouped strategically by discipline, with students and faculty moving seamlessly between classroom and lab. Designed by AC Martin and built by C.W.
University of Michigan Health System Opens Brighton Center for Specialty Care
The University of Michigan Health System opened the $175 million Brighton Center for Specialty Care in September of 2018. Offering over 50 adult and pediatric specialty services, the two-story, 297,000-sf ambulatory care facility provides a comprehensive musculoskeletal center, surgical suites, a sleep lab, an infusion therapy clinic, and a radiation oncology center. The project also houses the Kellogg Eye Center, a cardiovascular clinic, and a magnetic resonance imaging suite.
Ohio University Breaks Ground on Chemistry Building
Ohio University broke ground in late August of 2018 on a $42.6 million chemistry building in Athens. Designed by BHDP Architecture and Flad Architects to put science on display, the 69,000-sf facility will provide labs for teaching and research, collaboration spaces, conference rooms, a shared instrumentation suite, and offices for faculty and graduate students. Gilbane Building Company is the construction manager for the project, which is slated for completion in summer of 2020.
WABCO Opens Global Technology and Innovation Center
WABCO opened the $30 million Global Technology and Innovation Center in August of 2018 in Hanover, Germany. Accommodating over 420 employees, the 124,000-sf R&D hub will provide engineering and product development labs for the creation of automotive technologies. Designed to promote collaboration and interaction, the center will support the development of advanced safety and efficiency systems for autonomous, connected, and electric commercial vehicles. Additionally, WABCO opened a customer care center in July of 2018 in Rochester Hills, Mich.