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
DHL Expands Hong Kong Facilities
DHL is constructing the $35-million Kowloon South Service Centre in Hong Kong. The facility will house relocated administrative offices and will increase ground-handling capacity by approximately 20 percent. DHL will also open the $210-million Central Asia SuperHub at Hong Kong International Airport by the second quarter of 2007 for a ground handling capacity of 45,000 shipments per day, as well as boosting air express cargo handling capabilities.
Qualcomm Completes San Diego Campus
Qualcomm has completed the 909,170-sf Building W Campus in San Diego. The three-building project was designed by Delawie Wilkes Rodrigues Barker and built by general contractor Roel Construction with Burkett & Wong as structural engineer and Walsh Engineers as mechanical engineer.
Brooklyn Navy Yard Builds Sustainably Designed High Bay Space
The Brooklyn Navy Yard Development Corporation broke ground in fall of 2006 on a multi-tenant industrial building designed by Vollmer Associates. The project represents the first phase of an expansion program that will add 400,000 sf of new industrial space to the Brooklyn Navy Yard. Six new buildings are planned for development over the next three years. The new three-story building at Perry Street will provide approximately 89,000 sf of space for industrial companies.
Fidelity Investments Expands Smithfield Campus
Fidelity Investments recently broke ground in fall of 2006 on a new 569,000-sf facility in Smithfield, Rhode Island, which will be the largest office building in the state. Gilbane Building Co. has been selected to serve as construction manager for the project. The new $200-million facility, the third building to be constructed by Gilbane on Fidelity’s Smithfield campus, will be home to Fidelity’s Pyramis Global Advisors group and Fidelity Personal Investments. Accompanying the office building is a 2,500-car multi-level parking structure.
The State Compensation Insurance Fund Develops New California Campuses
The State Compensation Insurance Fund, headquartered in San Francisco, is building two new campuses in Vacaville and Pleasanton, Calif. A 430,000-sf office complex on 33 acres in Vacaville's Vaca Valley Business Park will accommodate over 1,200 employees in five two-story buildings comprising a total of 434,375-sf. The project will be developed in three phases. Phase one will broke ground in late 2006 and will reach completion on three buildings by late 2008. Phase two will begin in 2009 and conclude in 2011.