Industry News

Versicor, a Fremont, Calif.-based drug developer, will relocate its headquarters to Philadelphia where its clinical development operations are based. Versicor develops drugs for the hospital market which fight difficult-to-treat infections.

The $30-million Lockheed Martin Mississippi Space & Technology Center is being developed by a partnership of Bethesda-based Lockheed Martin, NASA, and the State of Mississippi. Located at NASA's John C. Stennis Space Center in south Mississippi, the 220,000-sf facility will create an estimated 270 jobs. The project is being funded by $30 million in state and county funds and an additional $30 million from Lockheed Martin.

The Transportation Security Administration (TSA), an agency created last year to manage airline security, is seeking 400,000 sf of office space by the end of August 2002 for its headquarters. Sites under consideration are in D.C. and Northern Virginia, where there are limited options for such a large space. The relocation could happen by the end of 2002. The TSA currently employs 3,000 personnel, a figure expected to increase with federal budget reallocations.

The $100-million contract for the U.S. Capitol Visitor Center's first construction sequence was awarded to Centex Construction. Located underground on the Capitol's east grounds, the center will be completed in several phases. The project team includes architect RTKL Associates and construction manager Gilbane Building.

Pennsylvania Academy of the Fine Arts is involved in a renovation and expansion of the newly acquired Hamilton Building that will add 300,000 sf of studio and gallery space. The project will allow the Academy, the oldest art school in the country, to consolidate its museum and create a single campus. Located across the street from the Academy, the Hamilton building will allow a 400-student total enrollment and is slated for completion in fall 2003.