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
Memorial Hermann Healthcare System Breaks Ground on Medical Office Building
Memorial Hermann Healthcare System will break ground on a $155 million medical office plaza at Texas Medical Center in Houston in October 2004. Housing over 500,000 sf and a 2,400-car parking garage, the facility will accommodate up to 200 physicians. With restaurant and retail occupying the first two floors, the building will house a 100,000-sf ambulatory care center with eight surgical suites, four endoscopy suites, and a full modality imaging center.
Cisco Opens Shanghai R&D Center
San Jose-based Cisco Systems is planning to open a research and development center in Shanghai, China. Representing an initial investment of $32 million over the next five years, the facility will accommodate the hire of approximately 100 employees over the next 18 months. The center will open in the third quarter of 2005.
Cypress Semiconductor Expands Hyderabad Design Center
San Jose, Calif.-based Cypress Semiconductor Corp . is planning a $2-million expansion of its one-year-old semiconductor design facility in Hyderabad, India. Involving the addition of a silicon validation lab and equipment, the project will enable Cypress to add 33 engineering staff to its 17-person Hyderabad team by year-end 2005. The Hyderabad center currently designs network search engines.
Seton Healthcare Constructs Dell Children's Center
Seton Healthcare Network has selected the Austin office of Clarksdale, Miss.-based White Construction to manage the construction of the new Dell Children's Medical Center of Central Texas. Sited on the former Robert Mueller Airport in Central Austin, the 470,000-sf state-of-the-art pediatric center will triple the footprint of the existing Children's Hospital of Austin which it will replace. Slated for completion in 2007, the 169-bed hospital is estimated to cost approximately $200 million. Construction will begin in fall 2004.
Naval Hospital Expands in Jacksonville
Naval Hospital Jacksonville has received $28.4 million from a military construction appropriations bill passed by the U.S. Senate to fund 43,000 sf of renovations and construction of a 75,000-sf, four-story addition to the existing medical building. The project will focus on improvements to the surgical and labor and delivery departments.