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
FDIC Plans Virginia Square Expansion
The Federal Deposit Insurance Corp. (FDIC) plans to select a development manager in May for its planned $111-million Virginia Square expansion. More than 1,000 employees will be relocated from leased space in the District of Columbia to the 370,000-sf campus at Virginia Square, which will be expanded to 422,000 sf to accommodate them. It is anticipated that RFPs for the design of the facility and its interior will be released soon. FDIC expects construction to be completed in 2006.
Xaverian Brothers High School Completes Library and IT Center
Design of Xaverian Brothers High School's new library and IT center was recently completed by Flansburgh Associates Inc. of Boston. Located on the high school's Westwood campus, the two-story, 17,000-sf expansion is connected by a double-height lobby to the existing 1960's school building. The expansion is the centerpiece of a $10-million campus-wide plan that includes updated classrooms and science labs, renovated and expanded athletic facilities and a new administrative suite.
South Texas Medical Center Plans $136 Million in Projects
South Texas Medical Center has planned $136 million in capital projects for the current year, with projects totalling $165 million planned for the next five years. Ground was broken on the Children's Cancer Research Center, a $50-million facility providing space for up to 18 principal researchers and their staff. The Children's Cancer Center is part of a $67-million development at the University of Texas Health Science Center in San Antonio, which will also include an academic administration and student services facility.
NOAA/NESDIS Designs Satellite Operations Center
The National Oceanic and Atmospheric Administration’s National Environmental Satellite, Data and Information Service (NOAA/NESDIS) satellite operations center is being designed by a joint venture between Morphosis and Einhorn Yafee Prescott. The $61-million, 208,271-sf project will incorporate environmental standards to meet the U.S. Green Building Council’s Silver level in the LEED Green Building Rating System.
BASF Expands RTP Facilities
Ludwigshafen, Germany-based BASF plans to expand its Research Triangle Park administration and production facilities by 90,000 sf and renovate 20,000 sf of laboratory space. The German chemical firm is investing $22 million in the project, which will add approximately 100 jobs. BASF currently has 420 employees in 132,000 sf in RTP. By year-end, relocation of employees from a closing crop protection research center in Princeton, N.J., could increase BASF's Triangle workforce to 520.