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, Irvine Breaks Ground on Interdisciplinary Science and Engineering Building
The University of California, Irvine broke ground in September of 2018 on the Interdisciplinary Science and Engineering Building. Designed by LMN Architects to promote cross-disciplinary collaboration, the six-story, 204,750-sf facility will house the Samueli School of Engineering, the Donald Bren School of Information & Computer Science, and the School of Physical Sciences.
Elekta Opens Global Radiotherapy Innovation Center
Elekta opened its 150,695-sf Global Radiotherapy Innovation Center in September of 2018 in Crawley in the United Kingdom. Located on the company's five-acre Cornerstone campus, the facility will support the design and manufacture of precision radiation therapy technologies. Construction began in 2015 on the project, which will accommodate up to 750 employees including engineers, scientists, clinicians, and customer-facing professionals.
Pennsylvania State University Plans Pattee Library Expansion and Renovation
Pennsylvania State University is planning a $17.3 million renovation and expansion of Pattee Library in University Park. The project includes the infill of an existing courtyard to provide a two-story enclosed atrium with a connecting stair, with administrative offices for the Library Learning Services and three Digital Scholarship and Data Services units located on upper floors.
Oregon Health & Science University Opens Knight Cancer Institute
Oregon Health & Science University opened the $190 Knight Cancer Institute in September of 2018 on the South Waterfront Campus in Portland. Designed by SRG Partnership to foster multidisciplinary collaboration, the seven-story, 320,000-sf facility provides biomedical laboratories, administrative offices, interaction hubs, core labs, a 200-seat auditorium, and space for clinical trials. Featuring an integrated balance of wet and dry research spaces, the building accommodates programs in computational biology, early cancer detection, and immuno-oncology.
Vermeulens Releases Q2-2018 Market Outlook
Vermeulens has released its market outlook report for the second quarter of 2018. Key points include:
Construction price escalation nationally has trended to 4 percent per annum for the second quarter of 2018. Due to consistent increases in construction costs over the past few years, the long-term trend for the Vermeulens Index is up to 3.4 percent from 3.3 percent.