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
AstraZeneca Creates Cell Therapy Manufacturing Facility in Rockville
AstraZeneca is investing $300 million to establish a cell therapy manufacturing facility in Rockville, Md. Developed by Alexandria Real Estate Equites, the Class A+ property is located in the vibrant innovation ecosystem of the Alexandria Center for Life Science at Shady Grove. AstraZeneca has executed a 13-year lease for the entire 84,264-rsf building.
UC Irvine Constructs Falling Leaves Foundation Medical Innovation Building
The University of California, Irvine is constructing the $250 million Falling Leaves Foundation Medical Innovation Building to accelerate the discovery of new modalities for disease prevention, diagnosis, and treatment. Designed by LMN Architects, the 215,000-sf structure will provide advanced wet labs where teams of investigators will engage in cross-disciplinary research. Featuring integrated collaboration venues and support spaces, the project will also include offices, meeting rooms, and a vivarium.
North Carolina Central University Opens School of Business
North Carolina Central University opened the $38.6 million School of Business in February of 2024 in Durham. Designed by Vines Architecture, the 76,608-sf building features a trading lab, a 600-sf business incubator, a behavioral research suite, innovation labs, and executive conference rooms. Smart classrooms equipped with integrated audiovisual technologies actively support both remote and in-person instruction.
University of Texas at El Paso Constructs Advanced Manufacturing and Aerospace Center
The University of Texas at El Paso is constructing the $80 million Advanced Manufacturing and Aerospace Center to provide the College of Engineering with leading-edge environments for research, teaching, and innovation. The four-story, 93,000-gsf facility will feature hands-on learning venues where students can gain the crucial skills needed by local employers such as NASA and Blue Origin. Offering research labs, fabrication suites, high bay spaces, and administrative offices, the highly flexible structure will initially house the Aerospace Center and the W.M.
Alexandria Real Estate Equities Opens Mission Bay Life Sciences Center
Alexandria Real Estate Equities opened a 215,000-sf life sciences center in early 2024 in San Francisco’s Mission Bay district. Designed by IwamotoScott Architecture in association with DGA and Powell Architecture, the seven-story building provides 133,000 sf of Class A lab space, 50,000 sf of office space, and 2,600 sf of ground-level retail.