Industry News

The Federal Reserve Bank of Kansas City will begin construction in late summer 2005 on its new 14-story headquarters tower sited on 15.7 acres in in Kansas City. Opening in spring 2008, the $280-million facility will accommodate 26,000-sf on each office floor. The second floor will house a conference center, employee dining room, and a training area. The architects for the project are New York-based Pei Cobb Freed & Partners and the Kansas City office of Ellerbe Becket. The construction manager is Kansas City-based J.E.

Kaiser Permanente is planning a $68.45-million expansion of its Moanalua Medical Center in Hawaii. A five-story, 176,000-sf tower will be constructed, and 95,000 sf of existing space in the inpatient medical center will be renovated. The expansion will add five urgent care rooms, eight operating rooms, six emergency rooms, and 68 new acute-care beds.

Axygen Scientific , a manufacturer of laboratory materials, is relocating its corporate headquarters to a new $9.9-million custom built facility in Union City, Calif. The facility at the new site, previously the home of Crown Cork & Seal Co., was demolished and rebuilt. The warehouse is sited near to the company's old location in Union City.

The University of Tennessee Health Science Center is planning to construct a $22-million regional biocontainment laboratory on its Memphis campus. Focusing on bio-defense and infectious disease research, the facility will be funded with bonds and $14.8 million from the National Institutes of Health . Additionally, a $43-million pharmacy facility will also be constructed at the UT Health Science Center.  

Honda Motor Co . is planning to construct a 250,000-sf automatic transmission assembly plant in Tallapoosa, Ga. Production will begin at the $100-million facility in fall 2006. The plant will produce 300,000 transmissions annually for the Odyssey minivans and Pilot SUVs manufactured at Honda's Lincoln, Ala., facility.