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
St. John Health Opens Providence Park Hospital in Novi
St. John Health opened the $220 million Providence Park Hospital in Novi, Mich., in August of 2008. The seven-story facility is sited on 64 acres and can accommodate 400 patients. Construction began on the project in 2005. Featuring flexible patient rooms, the 500,000-sf facility was designed by NBBJ and houses a six-story atrium for maximum daylighting.
Shionogi Plans Pharmaceutical Research Facility
Shionogi & Co. will begin construction on a new ¥14 billion pharmaceutical research facility on its existing campus in Toyonaka City, Osaka, in fall of 2008. Serving as the center of research operations, the 43,000-sm facility will house world class laboratories and testing equipment in a six-story earthquake resistant facility. Construction is expected to reach completion in spring of 2010 with operations commencing in summer of 2010.
UC San Francisco Plans Institute for Regeneration Medicine
The University of California at San Francisco (UCSF) will break ground in fall of 2008 on the 74,832-gsf Institute for Regeneration Medicine on its Parnassus campus. Designed by Rafael Viñoly Architects, the $128-million facility is supported by a $34.8 million grant from the California Institute for Regenerative Medicine (CIRM). Housing multidisciplinary stem cell research, the 46,283-asf project will be comprised of four split-level floors housing wet labs, support and offices.
Bayer Builds Shanghai TDI Plant
Bayer will initiate construction by year-end 2008 on a toluene diisocyanate (TDI) manufacturing plant in Shanghai, China. The facility will begin operations in 2010 with a manufacturing capacity of 700,000 tons per year. TDI is a raw material for the production of polyurethane foam. Bayer, headquartered in Frankfurt, will invest US$3.1 billion in its Shanghai campus by 2012.
Reid Hospital Opens Richmond Inpatient Tower
Reid Hospital opened its new $318 million inpatient tower in Richmond, Ind., in August of 2008. The 233-bed facility includes an inpatient hospital, an outpatient care center, and a medical office building. The state-of-the-art replacement hospital features healing gardens and is the result of a ten-year planning and construction process.