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
Surat Diamond Bourse Opens in Gujarat
The $388 million Surat Diamond Bourse opened in December of 2023 to provide a vibrant corporate destination for Gujarat’s diamond industry. Surpassing the Pentagon in size, the 7.1 million-sf complex includes nine 15-story towers linked by a central spine. Approximately 4,700 modular offices that can also serve as cutting and polishing workshops will support the endeavors of over 65,000 diamond professionals.
Bowdoin College's Mass Timber Facilities Break New Ground in Sustainable Design
Bowdoin College has opened a sustainably designed complex in Brunswick that includes the John and Lile Gibbons Center for Arctic Studies and Barry Mills Hall. Designed by HGA, the two structures represent the first commercially scaled mass timber buildings in the state of Maine. The $37 million project offers a total of 46,000 sf of teaching, research, and museum space.
LSU Health Shreveport Unveils Medical Education Center with Integrated Biocontainment Lab
Louisiana State University Health Shreveport celebrated the completion of the $79 million Center for Medical Education in December of 2023. Designed by Perkins&Will and Coleman Partners Architects, the four-story, 155,000-sf facility features a 500-seat auditorium-in-the-round, three 250-seat active learning classrooms, and 27 flexible instructional venues. Simulation suites and clinical skills labs leverage immersive technologies to enhance experiential education and training.
University of Michigan Breaks Ground on Center for Innovation
The University of Michigan broke ground in December of 2023 on a $250 million research and education building in Detroit. Designed by KPF, the University of Michigan Center for Innovation (UMCI) will accommodate graduate programs in computer science, robotics, artificial intelligence, data science, cybersecurity, financial technology, and sustainability. The 200,000-sf facility will also foster engagement with area residents by offering professional development classes, certificate courses, and workforce training opportunities.
Mayo Clinic Opens Rochester Research Facility
Mayo Clinic opened the $120 million Anna-Maria and Stephen Kellen Building in December of 2023 in Rochester, Minn. Designed by HDR, the 176,000-sf structure provides flexible, open labs for basic and translational research in oncology and neurology. Accommodating multidisciplinary teams of investigators, clinicians, and data analysts, the 11-story facility will accelerate the discovery of new therapies through the application of machine learning and artificial intelligence technologies.