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
International WELL Building Institute Assembles SARS-CoV-2 Task Force
The International WELL Building Institute (IWBI) has assembled a task force to address the role of the built environment in reducing the impact of SARS-CoV-2 and other respiratory infections. Aiming to define the critical role that buildings, organizations, and communities play in infectious disease management, the work will take a broad approach in considering both new and recurring agents that can affect large populations.
U.S. Department of the Treasury Releases New Guidance on Paycheck Protection Program Loans for Small Businesses
New guidance has been released by the U.S. Department of the Treasury which makes Paycheck Protection Program loans available to companies with 500 or fewer employees, as well as to firms that fall below the size standards set by the Small Business Administration. Construction companies, whose status is generally determined by average annual income threshold and not by number of employees, will benefit from this amendment to the previous announcement, which required a business to meet both criteria to be eligible.
Blinn College Plans Science, Technology, Engineering, and Innovation Building
Blinn College is planning to build the Science, Technology, Engineering, and Innovation Building on the RELLIS campus in Brenham, Texas. Designed by PBK Architects to accommodate programs in engineering, chemistry, physics, microbiology, geology, and health sciences, the 72,000-sf structure will offer 17,000 sf of laboratory space and a 3,000-sf innovation hub.
Novo Nordisk Completes Tenant Renovation and Expansion for Asterias Biotherapeutics
Novo Nordisk completed a $5.1 million tenant renovation and expansion project in March of 2020 in Fremont, Calif. In just four months, MAI Construction remodeled the subleased 44,000-sf facility to provide Asterias Biotherapeutics with leading-edge research, production, and office spaces to support the creation of innovative stem cell therapies. The four-phase project included the construction of new cGMP Grade B manufacturing labs, as well as a materials lift and canopy for the area's shipping and receiving area.
Hyundai Motor Company Plans Mobility Global Innovation Center in Singapore
Hyundai Motor Company will break ground in October of 2020 on the Hyundai Mobility Global Innovation Center in Singapore (HMGICs). The 300,000-sf facility will be located on over ten acres in the Jurong Innovation District, an advanced manufacturing campus developed by JTC Corporation. Supported by funding from the Singapore Economic Development Board, the open innovation hub will accelerate the discovery of new sustainable mobility solutions.