Industry News

 The Federal Trade Commission (FTC) will occupy all but the top two floors of a nine-story building being developed by Lowe Enterprises Mid-Atlantic. The interior design will be handled by Hickok Warner Fox.   The FTC expects to occupy 200,000 sf of the 260,000-sf, $65-million structure in July 2002.

The Pentagon anticipates proceeding with its renovation. The announcement of a $620 million contract award to the developer/architectural team of  Colorado-based Hensel Phelps is expected. The 12 to 14 year project would include the reconstruction of 4 million sf in four wedges of the five-story building, each wedge housing approximately 5,000 employees. In addition to Hensel Phelps Construction, the project team includes Shalom Baranes Associates, HDR Architecture, MC Dean, Studio Architecture, and Southland Industries.

The Bureau of Alcohol Tobacco & Firearms' scheduled ribbon-cutting ceremony was postponed by the General Services Administration pursuant to the terrorist attacks. The $104-million building is being designed by architect Moshe Safdie to accommodate approximately 1,100 employees in 295,000 sf. Parking spots for 200 are also included in the project.

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 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.