Industry News

The design of Oxford Bioscience Partners' new 15,000-sf Boston corporate headquarters has been completed by Margulies & Associates of Boston. Oxford Bioscience Partners is a Boston-based bioscience and healthcare venture capital firm.

Construction is nearly complete on the 75,000-sf addition to plastics manufacturer Nomaco Corp.'s existing 250,000-sf Youngsville plant. The Zebulon-based company will use the addition to manufacture foam and rubber insulation used for gaskets, pipes and sealants in commercial and residential construction. The plant expansion will allow Nomaco to double its 100-employee base.

North Carolina State University will begin construction on the Partners III building in October 2002. The $24-million, 80,000-sf facility will house nanotechnology laboratory and research facilities and is slated for completion in July 2004.

North Carolina State University (NCSU) is planning a $31-million, 103,000-sf research addition to the School of Veterinary Medicine. Designed by Flad & Associates, the four-story building will house research labs, offices, and conference rooms. A new subsurface infrastructure tunnel will provide utilities to the facility. The addition is expected to open in October 2004. The School of Veterinary Medicine is located on the Centennial Biomedical Campus, now part of NCSU's Centennial Campus.  

Sovereign Bancorp will open a new Centre Square headquarters and bank branch in Center City, Philadelphia. The 30,000-sf facility will include commercial loan and trust/wealth management operations in the branch. The building will open on August 12th, with the public grand opening celebrated September 23 and 24. Designed by Hillier, the building will house a new bank vault that required the installation of steel support beams.