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
Canadian Light Source Constructs Saskatoon Research Facilities
The Canadian Light Source is planning to construct two research facilities in Saskatoon. The Quantum Materials Spectroscopy Centre (QMSC) and the BioXAS Beamline Facility will benefit from $3.8 million in funding from Western Economic Diversification Canada. The QMSC will house a beamline for materials science research and will be operated by the University of British Columbia.
Medical University of South Carolina Breaks Ground on Biomedical Business Incubator
The Medical University of South Carolina began construction on a 28,000-sf biomedical research facility in Charleston in March of 2009. The $5.5 million Innovation Center project involves renovation of an existing warehouse facility to create a 28,000-sf business incubator housing technology-rich research labs and offices. Completion is expected in November of 2009. The project is created in collaboration with the South Carolina Research Authority and the city of Charleston.
Construction Begins on Louisiana Cancer Research Center
Louisiana Cancer Research Center initiated construction in early 2009 on a $100 million research facility in New Orleans. Created by a partnership of Tulane University Health Sciences Center and Louisiana State University Health Sciences Center, the 250,000-sf project is sited on two acres between the collaborating institutions. The facility was designed by RMJM Hillier with Brice Building Company as general contractor. Completion is expected in August of 2011.
FY 2009 Omnibus Appropriations Act Increases NIH Funding
The FY 2009 Omnibus Appropriations Act was signed into law by President Barrack Obama on March 11, 2009. The bill, H.R. 1105, will provide the National Institutes of Health with a total of $30.3 billion for federal year 2009, $937.5 million more than fiscal year 2008. The funding represents an increase of approximately 3.2 percent and will allow the NIH to allocate funding for new research grants.
LG Group Completes Seoul R&D Facility
LG Group completed construction of its $182.7 million research and development center in March of 2009 in Seoul, Korea. The duration of construction was three years. The facility will support R&D in digital convergence technologies, software and design of mobile phones, televisions, and optical storage products. The 25-story building will accommodate 3,000 employees.