Industry News

Millennium Pharmaceuticals has opened a 200,000-sf addition to its headquarters in University Park, a 2.3 million-sf park in Cambridge. Over the next few years, the biotech company plas to construct an additional 212,000 sf, which will bring Millennium's presence to a total of 673,000 sf at the park.

Georgia State University opened a biotechnology R&D center called CollabTech in November 2000. The incubator, funded partially by the Georgia Research Alliance and with support from the Advanced Technology Development Center, is aimed at providing access to the most advanced equipment for biotechnology start-ups, as well as enabling the university and its students to participate in cutting-edge research and discoveries. The University of Georgia plans to open an agricultural biology research center, called AgTech, in March 2001.

St. John's College has awarded Bovis Lend Lease of Washington, D.C., a contract for construction management as the college renovates both Mellon Hall and the Francis Scott Key Auditorium. Construction is scheduled to start in spring 2001.

The Naval & Maritime Integrated Systems Expeditionary Warfare Center is remodeling a 240,000-sf facility to house the operations of Raytheon Co. Approximately 30,000 sf of lab space in the building will be dedicated to the development, integration, and testing of the company's military electronics.

The U.S. Securities and Exchange Commission has solicited proposals for a 630,000-sf headquarters site in order to consolidate its Washington, D.C., operations now housed in two locations. Boston Properties, a Boston-based real estate investment trust, was expected to submit a proposal by mid-December 2000 to use one of its properties, currently a parking lot within walking distance of the new Washington Convention Center, as the location for the project.