Industry News

The microelectronics division of Lucent Technologies Inc. has leased 62,000 sf in North Austin. Occupying a majority of the available 76,000 sf in Building 6 at Braker Center IV, the facility will provide space for projected growth and additional personnel in the network processors microelectronics group. Based in Murray Hill, N.J., Lucent's Austin space will include large hardware and software labs, a fitness center, game room, and a cafeteria.

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 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.

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.

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.