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
Genentech Expands in South San Francisco
Genentech has signed a lease for 780,000 sf in South San Francisco, which may be the largest single lease ever penned in the northern California Bay Area. Developer Slough Estates will construct the three-, four-, and eight-story life science facilities in two phases over the next four years. Construction cost is estimated at approximately $325 million. The project will consist of roughly 40 percent office and 60 percent laboratory space.
Boston University Medical Center and NIAID Plan BioSquare II
Boston University Medical Center has received final approval from the Boston Redevelopment Authority for its 410,000-sf BioSquare Phase II project in Boston. Funded by a $128 million grant from the National Institute of Allergy and Infectious Diseases, the project will include a BSL-4 research laboratory and a 1,400-space parking garage. The facility will be part of a national network of laboratories dedicated to countering bioterror agents by developing drugs, treatments, and vaccines.
Schering-Plough Renovates Summit Facilities
Schering-Plough Corporation has awarded Skanska USA Building the construction management services contract to renovate six office buildings and a cafeteria in Summit, New Jersey. Including the renovation of the campus' teledata infrastructure, the anticipated value of the project is expected to be more that $12 million. Completion is expected in December 2005.
University of Notre Dame Designs Nanotechnology Facility
The University of Notre Dame has selected The S/L/A/M Collaborative of Glastonbury, Conn., to design the 27,500-sf Nanotechnology Research Building on its Notre Dame, Ind., campus. Slated for completion in April 2006, the 2-story building will include a variety of lab spaces, offices, a conference room, and storage and support space. BVH Integrated Services of Bloomfield, Conn., will provide civil, mechanical, and electrical services.
Maverick Tube Corp. Plans Production Facility
Maverick Tube Corp . will begin construction on a $63-million production facility in Louisville, Ky., in early 2005. Consolidating steel conduit operations for the company, the 400,000-sf building will be sited on 50 acres at Jefferson Riverport International. Completion is expected by year-end 2005. Maverick Tube produces tubular steel products for applications in the energy and industrial markets.