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
ServerVault's Data Center Aims for DOD Approval
ServerVault, based in Springfield, Md., will invest $6 million to $8 million to transform an old machine shop in Dulles into the country's first DOD-compliant commercial data center. A tall fence surrounds the building, which has no windows and houses a composite metal vault impenetrable by magnetic or wireless signals. The facility will be inspected and tested by the DOD when it opens later in the year. ServerVault also plans to open a Dublin, Ireland, data center by year's end.
Nortel Expands in Santa Clara
Nortel Networks Corp., based in Toronto, Canada, has plans to expand its 837,000-sf seven-building campus in Santa Clara with two six-story towers. The added 636,000 sf could accommodate approximately 2,000 employees engaged in R&D of technology. Pending approval by the planning commission and the city in May, ground breaking could begin in late summer.
Echelon Builds New Headquarters
Echelon Corp., developer of communication equipment, plans to relocate its 175 employees from Palo Alto, Calif., to San Jose in a three-story, 75,000-sf build-to-suit headquarters designed by the San Francisco office of Washington-based Ai and Barry Swenson Builder. Pending approval from the City of San Jose, Swenson will begin construction by June 2000, with occupancy scheduled for July 2001.
Nvidia Builds New Headquarters
Nvidia Corp. will relocate its 350 employees to a new four-building headquarters campus in Santa Clara. The 500,000-sf project consists of four 125,000-sf buildings and a two-level, 550-space parking garage at an estimated cost of $180 million. The first two buildings are scheduled for occupancy by June 2001; the third by July 2001; and the fourth by March 2002. Each building will accommodate 500 people. The developer is Sobrato Development Cos. Nvidia makes 3-D graphic chips for PCs.
ISIS Papyrus Builds Headquarters Near Dallas
ISIS Papyrus, based in Vienna, Austria, is planning to consolidate its Dallas-area offices in a $6 million North American headquarters and training center near Dallas in Southlake. The new building is slated to begin construction in June; completion is anticipated in late 2000 or early 2001. The company provides business document software solutions.