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
Lipomed To Occupy New Headuarters
LipoMed will consolidate its three Raleigh locations in a new headquarters for the biotech company at the Parker Business Center, where Phase I construction is complete. A nearby 40,000-sf shell building has been fitted-up and is ready for move-in. An adjacent 33,000-sf shell building will be upfitted, and a 12,000-sf connector built in Phase II of the project. LipoMed performs diagnostic testing of lipoproteins to determine heart disease risks.
Perkin Elmer Develops Billerica Manufacturing Facility
PerkinElmer Life Sciences, based in Boston, has a new 3,800-sf manufacturing building under construction in Billerica. The renovated space will accommodate 10-12 employees. The plant will produce Yttrium 90 for use in radiotherapeutic cancer treatment. It is anticipated that the facility will be operational in early 2002.
Abbott Labs Proposes Redwood City Expansion
Abbott Labs has proposed a 1,000,000-sf expanison in Redwood City, providing manufacturing and R&D facilities for the Chicago-based bioscience company's cardiac products. Maximizing the company's proximity to the world-class cardiac clinics at Sequoia Hospital and Stanford Hospital, Abbot purchased the Redwood City-based Perclose biotech in 1999. Abbott plans to spend up to $350 million on the new complex. Ground may be broken on the three-phase project by the end of 2002.
SDSU Chemical Sciences Lab Opens
San Diego State University opened a new $31 million lab and research facility in January 2002. Featuring "smart classroom" technology for multimedia visual presentations, the building houses 57 state-of-the-art chemistry and geology labs and 700 workstations.
UT-San Antonio Breaks Ground on Durango Addition
The University of Texas at San Antonio (UTSA) broke ground in January 2002 on its 33,000-sf Durango Building addition. Slated for completion in March of 2003, the $7 million additon will house UTSA's Institute for Economic Development.