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
Eli Lilly Opens Seaport Innovation Center
Eli Lilly and Company opened the $700 million Lilly Seaport Innovation Center (LSC) in Boston in August of 2024. Developed by Alexandria Real Estate Equities and National Development, the 346,000-rsf facility offers Class A research environments for biomedical discovery. The 12-story structure also houses the first Lilly Gateway Labs on the East Coast to enable biotech start-ups to collaborate with Lilly scientists.
University of Sheffield Plans Central Teaching Laboratory
The University of Sheffield is planning to construct the £37 million Central Teaching Laboratory in the United Kingdom. Designed by Twelve Architects and BVN Architecture, the five-story, 85,000-sf facility will provide advanced instructional settings for the Faculty of Science and the Faculty of Health. Two super labs accommodating 300 students will leverage extensive glazing to put science on display, complemented by specialized venues for tissue culture, anatomy, and applications requiring a fume hood.
University of Kentucky Constructs Cancer & Advanced Ambulatory Building
The University of Kentucky began construction in spring of 2024 on the $781 million Cancer and Advanced Ambulatory Building in Lexington. Designed by Champlin Architecture and HGA, the 550,000-sf structure will serve as the new home for the Markey Cancer Center, the only National Cancer Institute-designated Comprehensive Cancer Center in the state. This pivotal project aims to streamline the delivery of care and improve health outcomes by consolidating outpatient clinics and oncology support services in a single integrated location.
University of Wisconsin-River Falls Builds SciTech Innovation Center
The University of Wisconsin-River Falls is constructing the $117 million Science and Technology Innovation Center (SciTech) to provide dynamic environments for hands-on discovery. Designed by BWBR Architects, the 134,560-gsf building will accommodate programs in biology, chemistry, physics, and psychology, as well as supporting related courses in pre-engineering, biotechnology, and neuroscience.
Infineon Technologies Partners with One United Properties on Semiconductor R&D Center
One United Properties began construction in August of 2024 on One Technology District, a semiconductor R&D center in Bucharest, Romania. Infineon Technologies will occupy the facility and has committed to a 15-year lease that represents a total contract value of $62.2 million. Positioned to become the largest semiconductor hub in southeast Europe, the innovation complex will offer a gross leasable area of 222,000 sf, including 32,000 sf of next-generation lab space.