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
Drexel University Expands With Business Learning Center
Drexel University’s Bennett S. LeBow College of Business is expanding with the new Leonard Pearlstein Business Learning Center, now under construction. When it opens in fall of 2002, the $15-million structure will connect to LeBow’s main building, and will accommodate seminar rooms designed like boardrooms, offices, computer labs, and study rooms. Architect for the project is Philip Johnson.
Temple University Occupies State-of-the-Art Philadelphia Building
Temple University City Center has relocated to a new six-story, 126,866-sf, state-of-the-art building in the center of downtown Philadelphia’s business district, a public transportation-friendly location. The $11.1-million structure, approximately 35,000 sf larger than the previous facility, is equipped with “smart carts” for overhead presentations, lounges on every floor, and views from every classroom. Temple’s Fox School of Business, the Real Estate Institute, and a new criminal justice institute will all be located at the new campus.
UC Berkeley Plans New Office Building
The University of California is making plans for a new 60,000-sf office building adjacent to the Ernest Orlando Lawrence Berkeley National Laboratory. The University’s Board of Regents is seeking a developer to design, build, finance, and maintain the building. Construction is slated to begin in 2003, targeting May 2005 for occupancy.
Transamerica Pyramid Security Renovation in Progress
Transamerica Corp. is adding significant new security features to its high-rise, the 500,000-sf Transamerica Pyramid in downtown San Francisco. A $3-million exterior upgrade will surround the building with 98 steel bollards, interspersed with trees. The lobby is undergoing a $3.5-million upgrade providing tenants two entrances controlled by card key access desks, a separate messenger drop-off desk, and new flooring and lighting. A new entry to the garage, and a valet gateway will also be provided. Completion of the upgrades is anticipated in July 2002.
FedEx Develops San Francisco Office and Distribution Facility
FedEx Corp., based in Memphis, Tenn., plans to convert a former rice milling plant in San Francisco into a new 115,000-sf office and distribution facility. The $10-million project, designed by Solano Beach, Calif.-based McMahon Development Group, includes a two-story, 10,000-sf office building topped with parking, and a warehouse providing 115 van stalls, 250 parking slots, vehicle maintenance garages, and a customer counter. Construction at the 4.2-acre site is scheduled to begin in June 2002, with operations commencing in December 2002.