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
Novo Nordisk Partners with Alexandria Real Estate Equities on Waltham R&D Facility
Novo Nordisk has executed a long-term, full-building lease for a 165,940-rsf property at the Alexandria Center for Life Science in Waltham, Mass. Located at 60 Sylvan Road, the research facility is being redeveloped to provide next-generation environments for biomedical discovery. Neighborhoods of labs, offices, and collaboration spaces will foster interaction between investigators to accelerate the discovery and commercialization of new therapies. Occupancy is expected in 2025.
University of Miami Health System Constructs Griffin Cancer Research Building
The University of Miami Health System is constructing the $250 million Kenneth C. Griffin Cancer Research Building in Miami. Designed by HOK, the 244,000-sf structure will provide the Miller School of Medicine with flexible laboratories where multidisciplinary teams will discover new modalities for cancer treatment and prevention. The collaborative facility will leverage advanced instrumentation and the latest machine learning technologies to accelerate the translation of scientific breakthroughs into life-saving therapies.
Georgia Tech Breaks Ground on Student-Athlete Performance Center
Georgia Tech broke ground in March of 2024 on the Thomas A. Fanning Student-Athlete Performance Center in Atlanta. Designed by The S/L/A/M Collaborative, the 100,000-sf sports science facility will accommodate strength and conditioning areas, a nutrition center, and clinical settings for both physical and mental health services. A motion-capture lab with advanced instrumentation will feed into an in-house data analytics office.
Lonza Acquires Vacaville Pharmaceutical Campus
Lonza is investing $1.2 billion to purchase a pharmaceutical manufacturing campus in Vacaville, Calif. Presently occupied by Genentech, a subsidiary of Roche, the 427,000-sf complex provides a total bioreactor capacity of approximately 330 liters. Lonza is offering employment to 750 personnel at the site, which will continue to supply its current products at a committed volume of 30 percent throughout 2025.
Virginia Commonwealth University Breaks Ground on CoStar Center for Arts & Innovation
Virginia Commonwealth University broke ground in April of 2024 on the $253 million CoStar Center for Arts and Innovation in Richmond. Designed by William Rawn Associates and Glavé & Holmes Architecture, the 213,000-sf facility will feature flexible classrooms, interdisciplinary performance venues, maker spaces, and an expansive atrium with an interactive staircase.