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
Alkermes Leases Chelsea Site
Cambridge-based pharmaceutical company Alkermes, Inc., has leased 91,000-sf in Chelsea at Brickyard Square Biotech Park to house its subsidiary, Advanced Inhalation Research. The space features 28-foot high ceilings conducive to manufacturing. Alkermes will invest more than $25 million in the structure.
Wipro Plans India Development
Santa Clara, Calif.-based Wipro Technologies is planning a 30-acre campus in Hyderabad, India. As a part of Wipro Ltd., a Bangalore-based IT services provider, the software development center will house 3,000 software professionals. Wipro currently employs over 1500 workers in their existing Hyderabad facility.
New Biotech Lab in Durham
The Triangle Biotechnology Center, a new 17,000-sf laboratory facility, is being developed in Durham by Andrew Rothschild. The wet lab space, housed in the historic Clark & Sorrel Building, will contain suites for offices and labs as small as 1,600 sf.
MIT Plans Utility Upgrade
Massachusetts Institute of Technology has contracted Parsons Brinckerhoff as project manager for a $50 million utilities upgrade. The Cambridge-based firm will also provide resident engineering and inspection services.
Reston Hospital Center Expands
Reston Hospital Center is planning a three story addition, expanding the facility by 100,000 sf. Housing the maternity ward as well as administrative and community education departments, the addition will cost approximately $21.5 million. A 5,000-sf expansion of the special procedures area and a new 439-space parking garage will also begin construction in March. State approval is pending on another addition of 2 floors to the new maternity unit, increasing the bed space by 60 and providing emergency and radiology facilities.