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
Gene Logic Builds R&D Lab
Gene Logic, a gene research firm, plans to transform a 50,000-sf building that formerly served as a parcel package distribution center for FedEx, to state-of-the-art R&D lab space. The biotech company expects the new $5 million facility to be completed in approximately one year. The new structure will be located just a mile from the company's Gaithersburg headquarters.
VA Medical Research Complex to be Built in Durham
The Veterans Administration has awarded a contract to LCOR Inc. of Berwyn, Pa., to develop a $150 million, 600,000-sf medical and research complex across the street from the Duke University Medical Center in Durham. The project will include 19,000 sf of primary care clinic space and 40,000 sf of medical and research space, plus retail and commercial space and parking on a 3.5-acre lot. As many as seven buildings are planned, with construction scheduled to begin in 2001.
Lockheed Martin Telecomm Building at Valley Forge
Lockheed Martin Global Telecommunications' business and technology division has broken ground on a new headquarters at the Valley Forge Corporate Center. The company will relocate approximately 400 employees working in the area to the new 136,000-sf office when it opens in August 2001.
Cohu Inc. Consolidates Manufacturing in Poway
Cohu Inc. plans to relocate its plant and headquarters from Kearny Mesa, Calif., to a 20-acre site in Poway in 2001. The new $21.3 million, 338,00-sf facility will consolidate the operations of Cohu's manufacturing subsidiary, Delta Design, under one roof, and also accommodate administrative offices, and approximately 900 employees. Cohu manufactures test equipment used in the manufacture of semiconductors.
Cisco Expands in North Carolina
Cisco Systems, based in San Jose, Calif., recently began construction at its nine-building campus on three 200,000-sf buildings: buildings 10, 11, and 12. These buildings were designed by O'Brien/Atkins Associates of Durham, N.C. Bovis/Lend Lease, based in Raleigh, N.C., is the general contractor. Completion is planned for 2001, when construction will begin on three more buildings--buildings 13, 14, and 15--which will total 500,000 sf. Cisco currently houses 3,000 employees at the site.