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
Caltech Begins Site Work for Ginsburg Center for Quantum Precision Measurement
Caltech has begun site work for the Dr. Allen and Charlotte Ginsburg Center for Quantum Precision Measurement in Pasadena, Calif. Designed by HOK, the four-story, 116,451-sf facility will support interdisciplinary research programs in quantum sensing, quantum information, and gravitational-wave detection. Open interaction zones and collaboration spaces will promote dynamic knowledge exchange and discovery, complemented by a range of office settings and meeting rooms.
Moderna Creates Marlborough Biomanufacturing Center
Moderna is investing $322 million to create a state-of-the-art biomanufacturing center in Marlborough, Mass. Offering leading-edge environments for the production of innovative therapies and vaccines, the state-of-the-art facility will also include a cleanroom, labs, offices, and warehouse areas. The project involves the renovation of a two-story, 140,000-sf building that was purchased in spring of 2023 from Oxford Properties. Sited on 24 acres, the existing structure will be expanded to provide an additional 60,000 sf of space.
CellCarta and Jadco Plan Precision Medicine Hub
CellCarta, a leading provider of medical laboratory services, is partnering with developer Jadco to create a 450,000-sf life sciences center in Montreal. The $350 million project will transform the former site of the Montreal Chest Institute into Inspire Bio Innovations, a biomedical hub that will catalyze the development of new therapies and precision medicine technologies.
University of Iowa Builds Health Sciences Academic Building
The University of Iowa will begin construction in fall of 2023 on the $249 million Health Sciences Academic Building in Iowa City. Offering instructional, administrative, clinical, and research space, the 263,000-gsf facility will strategically collocate programs in communication sciences and disorders, health and human physiology, and physical therapy and rehabilitation science. Leading-edge learning environments will prepare the next generation of medical professionals to deliver patient-centered care in collaboration with other specialists.
Construction Begins on New Brunswick's HELIX Innovation District
The New Brunswick Development Corporation began construction in early summer of 2023 on the first phase of the HELIX innovation district. Catalyzing regional synergies in medical research, education, and healthcare, the $750 million project will accommodate tenants including Rutgers University, RWJBarnabas Health, Hackensack Meridian Health, and Princeton University. The 12-story, 573,400-sf structure will strategically collocate three key elements.