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
International Monetary Fund Develops Washington Facilities
The International Monetary Fund (IMF) has awarded Eighth Day Design of Arlington, Va. a three-year contract for design consultant services for its headquarters and all other leased space in Washington, D.C. Eighth Day will provide interior design, construction administration, and architectural and engineering services for programming design of tenant build-out projects and interior renovations. Eighth Day has provided IMF with design and architectural services for the past three years.
Cedra Clinical Research Relocates in North Austin
Raleigh, N.C.-based Cedra Clinical Research, a firm engaged in asthma and allergy studies, will soon open its new 25,000-sf facility in Far North Austin's Reunion Park. Cedra is relocating from its current Northeast Austin location.
Valero Expands San Antonio Headquarters
Valero Energy Corp. is expanding its San Antonio campus located on the 148-acre former Ultramar Diamond Shamrock campus. Designed by architectural firm Rehler Vaughn & Koone, the 450,000-sf project will include the addition of two new wings to Valero's existing 225,000-sf facility, which will also be upgraded. The cafeteria and 8,000-sf fitness center will be expanded and improved, and 2,000 parking spaces will be added. Slated for completion in early fall of 2003, the addition will reach full occupancy in spring 2004.
Phoenixville Hospital Builds Open-Heart Surgery Addition
Phoenixville Hospital, part of the University of Pennsylvania Health System, is building a two-story $9.3-million open-heart surgery and advanced catheterization addition. Extending the hospital's operating suite by 2,405 sf, the project will create two additional 600-sf operating rooms. The project includes hospital renovations to accommodate a step-down recovery unit and cardiac intensive-care beds.
Samsung Plans $50M Upgrade
Samsung Austin Semiconductor, a subsidiary of South Korea's Samsung Electronics Co., has announced a $50-million capital investment at its Austin direct random access memory (DRAM) chipmaking plant. The upgrade will convert chip production from 0.17 microns to 0.146 microns, as well as producing double data rate (DDR) DRAM chips. The Austin plant, where 950 are employed, was built in 1996 at a cost of $1.3 billion. Since then, an additional $100-million in upgrades have been carried out.