Industry News

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.

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.

The Billy Graham Evangelistic Association plans to relocate its administrative offices, production units for TV, radio and film, and mailing and distribution operations from Minneapolis to a new  $33 million headquarters in Charlotte. At build-out, the facility is expected to provide 25,000 sf of office space. Phase one construction—approximately 100,000 sf—will be completed in three years. A Billy Graham museum is also planned for the site.

CryoLife Inc. has completed the build-out of its 7,500-sf facility for the manufacture of BioGlue, a surgical adhesive being commercially rolled out in domestic and overseas markets. The manufacturing facility is located at CryoLife's headquarters and labs in suburban Atlanta.

Idec Pharmaceuticals is planning to build a new 1,800,000-sf manufacturing and research facility on 60 acres at the 400-acre Ocean Ranch Corporate Center. Groundbreaking for the multi-story buildings is slated for early 2001.