Industry News

Santa Clara University has received a donation of $20 million, the largest in the school's history. A remodel of the university's library is allotted $15 million; the remainder will provide for scholarships.

A proposed office-classroom development at San Jose State University is being postponed due to an economic crunch. The $380 million, 5.5-acre project  would have included commercial office space and 250,000 sf of adjacent classrooms, laboratories, and staff offices. In an attempt to convert its valuable downtown land into superior staff and student facilities, SJSU would have leased on-campus office space to finance further construction. The university has hired Alameda, Calif., firm SRM Associates as a consultant for the project's future development.

The University of North Carolina in Chapel Hill is planning to develop a 1,000-acre site as a satellite campus. The mixed-use development will contain commercial, research and institutional space as well as housing for faculty, staff, and students. Accommodating 25,000 employees and housing up to 3,000, the project will feature additional facilities for research in genomics and bioinformatics.

Washington University is planning to develop its Hilltop campus and School of Medicine with new buildings for education, research and patient care. The $1 billion project includes a $35 million biomedical engineering facility, the Uncas A. Whitaker Hall.

Georgia Tech is planning a new $148 million multibuilding complex. The new Technology Square will house the Dupree College of Management, the University Bookstore, a 250-room hotel and conference center, a parking deck, and 20,000-sf of retail and restaurant space. The facility is still in the design phase and is slated for completion in August 2003. Construction costs for the Dupree College of Management building are estimated at $35 million.