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
Grand Sierra Resort Constructs Reno Arena
Grand Sierra Resort and The Meruelo Group broke ground in October of 2025 on a 10,000-seat arena in Reno, Nev. Designed by Gensler, the $435 million facility will serve as the future home of the University of Nevada Men’s Basketball team and will feature modern amenity spaces such as luxury suites, hospitality clubs, and an immersive fan experience zone.
Florida State University Opens College of Business
Florida State University opened a new home for its Herbert Wertheim College of Business in January of 2026 in Tallahassee. Designed by Goody Clancy, Legacy Hall aims to catalyze excellence in education, research, and innovation. The $160 million facility provides a 300-seat auditorium, multiple 100-seat lecture halls, leading-edge classrooms, and dedicated zones to forge connections between faculty, students, and industry partners.
Daikin Applied Constructs Advanced R&D Test Laboratory
Daikin Applied is constructing an advanced research and development test lab at its headquarters in Plymouth, Minn. The $163 million facility will accelerate the creation of next-generation cooling technologies for hyperscale data centers and traditional HVAC markets to address intensifying demand driven by the widespread adoption of artificial intelligence (AI) and cloud computing.
University of Waikato Breaks Ground on Graduate School of Medicine in New Zealand
The University of Waikato broke ground in December of 2025 on the New Zealand Graduate School of Medicine at the heart of its Hamilton campus. Designed by Chow:Hill Architects, the 59,202-sf facility will initially accommodate 120 students per year with the capacity to expand to cohorts of 160 in the future. The NZD 230 million (USD 132.2 million) building will feature a variety of purpose-built teaching environments to enable the delivery of an innovative pedagogy that emphasizes hands-on experience and technology-rich educational modalities.
Gattuso Development Builds Philadelphia Life Sciences Center
Gattuso Development Partners and Vigilant Holdings are constructing a $500 million life sciences center in Philadelphia to fuel innovation. Sited in the University City district on the campus of Drexel University, the 519,647-rsf facility will offer wet and dry laboratories for the creation of novel therapeutics and medical technologies, accompanied by a mix of commercial, academic, and office spaces for biotechnology tenants, faculty, and students.