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
Vanguard Completes Three Malvern Campus Buildings
Vanguard Group has completed construction of three 120,000-sf structures at its 300-acre campus in Malvern. The company is beginning preliminary work on an additional 2.5 million sf, with phase one construction on the proposed project starting as early as spring 2002. The multi-phased project would begin with two buildings, each 320,000 sf, on 70 acres of the company’s 250-acre Downington campus.
UC Berkeley Plans Albany Mixed-Use Campus
The University of California, Berkeley, has issued an RFQ for the transformation of 26 acres at its University Village in Albany to a $100-million, mixed-use residential and retail campus. The University hopes to begin construction by early 2003 at the site, where currently student and faculty housing, a community center, baseball fields, and university agricultural research space are located. The selected developer will be asked to improve the community center and baseball fields, build a child and infant care center, and protect as open space two creeks running through the site.
Alkermes Expands in Cambridge
Biotech company Alkermes, partnering with pharmaceutical companies to develop their drugs, is expanding in Cambridge with 150,000 sf dedicated to new labs and offices. A 90,000-sf manufacturing facility is being renovated in Chelsea, Mass., by Alkermes for the production of GlaxoSmithKline’s inhalable insulin, and a new plant to manufacture a drug for Johnson & Johnson is being built in Wilmington, Ohio.
Synygy Plans Move to The Wharf
Synygy Inc. will occupy 178,000 sf at The Wharf at Rivertown, a 400,000-sf former power station being renovated by Preferred Real Estate Investments of Conshohocken, Pa. The 63-acre mixed-use development will provide up-to-date Class A office space, a marina, restaurants, and retail when it opens late in 2002 or early 2003. Architect for the project is Blackney, Hayes Architects.
University of Texas Plan Center to Study Aging
The University of Texas System is in the planning process to build The Sam and Ann Barshop Center for Longevity and Aging Studies at UT’s Health Science Center in San Antonio. The research facility will study the relationship between genes and aging. Fast-track construction of the $20-million, two-story, 48,000-sf structure is scheduled to begin in July 2002, with December 2003 the targeted completion date. The architect for the project is Overland Partners of San Antonio.