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
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.
Toyota Considers Georgia for New Plant
Japan-based Toyota Motor Corp. is considering sites in Georgia, Tennessee, or Alabama for a plant manufacturing 4.7-liter V8 gasoline engines. To be completed by 2004, the plant will produce 100,000 to 150,000 new engines per year and cost approximately $266 million.
New Capital One Headquarters in Tysons
Falls Church-based Capital One selected 28 acres in Tysons as the site for their new headquarters. Due to be completed in September of 2002, the 14-story building will house 800 people and consolidate five offices.