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
Southeast Texas BioTech Park Seeking Funds
The Southeast Texas BioTechnology Park, a $633 million project announced in February, is seeking funds to continue. The 15-building complex, to be built over 20 years, is backed by a coalition including institutions at the Texas Medical Center, biotechnology companies, professional groups, and governmental entities.
Investigen Plans New Facility in Hercules
Investigen, an Alameda, Calif.-based biotechnology company, plans to build a 27,000-sf facility on a 1.8-acre site at the North Shore Business Park in Hercules. Investigen expects to occupy 17,000 sf of the structure, subleasing the remaining 17,000 sf.
MedImmune Plans Gaithersburg HQ
MedImmune announced plans in May 2001 to build a huge campus-style 750,000-sf headquarters on 25 acres in Gaithersburg. Construction of phase one of the three-phase project will be a $70 million, 210,000-sf complex scheduled for completion in late 2002. The two-building structure will accommodate 60,000 sf of R&D space and 150,000 sf of administrative space. Amenities will include a covered parking lot, a cafeteria, and health club. Hellmuth, Obata and Kassabaum of St. Louis is designing the facility, which will be built by Quadrangle Development of Washington.
Mass General Builds Research Facility at Former Navy Yard
Massachusetts General Hospital has renovated the historic 95,000-sf Charlestown Navy Yard Building 114, where the Navy built wooden boats, to provide 60,000 for biomedical research and research support activities; a 3,000-sf conference center; an 8,000-sf animal facility; and approximately 6,000-sf of public space. The primary occupant is the Center for Aging, Genetics, and Neurodegeration.
US Institute of Peace To Build in DC
The United States Institute of Peace will convert a parking lot near the Vietnam and Korean war memorials into a 75,000- to 100,000-sf facility to promote the use of peaceful means in the prevention, management, and resolution of international conflicts. The $31- to $35 million structure will house approximately 60 employees. It will accommodate both conference and research space as well as an exhibit area, and will provide 340 underground parking spaces, to be shared with the nearby Navy medical facility.