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
SABIC Builds R&D Facility at King Saud University
The Saudi Basic Industries Corp. (SABIC) will build the 80,000-sm Plastics Application Development Center at King Saud University in Riyadh. The project will house 150 scientists and over 300 advanced research instruments in 43,000 nsm of building space. The construction cost of the facility is estimated at SR475 million. The Plastics Application Development Center will promote the creation of new products for packaging, automotive materials, and compounding.
Marine Corps Base Camp Pendleton Builds Replacement Hospital
Marine Corps Base Camp Pendleton broke ground in December of 2010 on a $394 million replacement hospital. The 500,000-sf facility is being built by a joint venture of Clark Construction and McCarthy Building Companies. Completion is expected in January of 2014. The project is supported by funding from the American Recovery and Reinvestment Act of 2009. The four-story hospital will provide primary care, inpatient facilities, ancillary departments, emergency care, specialty clinics, and support.
Universiti Malaysia Sabah Opens Biocontainment Lab
Universiti Malaysia Sabah will open the Biotechnology Research Institute (BRI) in January of 2011. The RM100 million project includes a BSL-3 laboratory for infectious disease analysis and research and the Plant Transgenic Containment/Greenhouse facility. The BRI will receive accreditation from the BioSafety Committee of the World Health Organization.
Turner Building Cost Index Ticks Up in 4Q 2010
Turner Construction Company announced that the Fourth Quarter 2010 Turner Building Cost Index has slightly increased over the Third Quarter of 2010. The Turner Building Cost Index measures costs in the non-residential building construction market in the United States. The Turner Building Cost Index of 801 reflects a 0.38% increase over the Third Quarter 2010. However, overall construction costs have decreased by 0.25% when measured in comparison to the Fourth Quarter of 2009. Karl F.
University of Wisconsin Breaks Ground on Energy Institute
The University of Wisconsin broke ground on the $75.7 million Wisconsin Energy Institute in Madison in November of 2010. The 200,000-sf facility was designed by HOK and Potter Lawson with M.A. Mortenson as general contractor. The sustainably designed building will house labs, offices, high bay space, and conference rooms for clean energy research and development. A second phase of construction will provide classrooms, a demonstration lab, and offices.