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
University of California Plans Merced Campus
The tenth University of California campus will be located in Merced, in the Central Valley of California. Design and construction of the 2,000-acre site will be managed in a joint venture of Parsons Brinckerhoff and The JCM Group. The campus will accommodate 25,000 graduate and undergraduate students at full build-out.
Mellon Consolidates Offices
A new 83,000-sf building in Plymouth Meeting will house the consolidated offices of Mellon Financial Corporation. Mellon will house many of its Montgomery County offices in 50,000 sf of the facility which is currently under construction by a Fox Cos. affiliate. Approximately 230 employees will be housed in the new building, named Mellon Gateway Center.
Sun Microsytems Expands in San Francisco
Sun Microsystems has signed a lease for 525,000 sf at Wilson/Equity Office's Foundry Square in San Francisco. The Palo Alto, Calif., computer manufacturing giant may lease an additional building at the Foundry site for a total of 3 buildings and 855,000 sf. Although space function has yet to be determined, such expansion could house up to 4,000 employees. Approval for a fourth building at the Foundry is pending for builder Wilson.
Deltagen Expands In Menlo Park
Deltagen Inc. is expanding its leased space by 45,000-sf. in Menlo Park, for a total of 95,000-sf. Adjacent to Deltagen's existing headquarters, the $7 million project will house scientists studying gene models.
Genzyme Moves Headquarters to Kendall Square
Genzyme Corporation's new headquarters will be occupying 700,000-sf of Lyme Properties LLC's Kendall Square. The $400 million, 1.3 million-sf development also features a 75,000-sf performing arts and film center.