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
Southwest Business Corp. Plans to Consolidate Services in San Antonio
Southwest Business Corp. plans to consolidate its services at a new 100,000-sf headquarters on a 3.7-acre site in North Central San Antonio. Groundbreaking for the $12 to $14-million building plus 4.5-story parking structure is planned for 2003, with occupancy anticipated in 2005. The company provides insurance and financial services.
Randolph-Brooks Credit Union Plans New Service Center
Randolph-Brooks Federal Credit Union is seeking a 10 to 20-acre site in San Antonio for a new 100,000-sf administrative service center to house back-office operations carried out by approximately 250 employees. Executive offices will remain at Randolph Air Force Base. Once a site has been selected, Chesney-Morales & Associates Inc. of San Antonio will design the facility.
Benefit Planners Opens New Office in San Antonio
Benefit Planners Inc., headquartered in Boerne, Texas, broke ground in March 2001 on the first phase of a new office complex, called Tech Park, in Northwest San Antonio. The $7.5 million, 70,000-sf structure will house customer service and claims processing and from 250 to 350 employees when completed in September 2001. When the first building is totally occupied, an additional $6-million, 60,000-sf facility is planned, for a total of approximately 120,000 sf at build-out. Darren Casey Interests is the developer of the project.
Horizon Opens Second HQ in Mt. Laurel
Horizon Blue Cross Blue Shield of New Jersey, based in Newark, N.J., plans to consolidate its Philadelphia and Evesham offices in a new 87,460-sf secondary headquarters in Mt. Laurel. The $11 million facility, built by Boston-based Leggat McCall Properties, will accommodate more than 400 employees beginning in late June 2001.
Deere & Co. Occupies New Training Center
Deere & Co., based in Moline, Ill., moved into a 12,500-sf training facility in August at the Commonwealth Park II development in Morrisville, a short distance from Cary, N.C., where the company is building a new division headquarters. Three classrooms, three labs, a conference room plus some unfinished space will provide product training space for the company's employees. At build-out, the company's nearby Cary campus will house up to 2,000 employees.