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
Baystate Medical Center Expands in Springfield
Baystate Medical Center is engaged in a $251 million expansion of its hospital in Springfield, Mass. The first 300,000-sf phase of the 640,000-sf project will create a five-story tower with private patient rooms. The facility features slightly curved patient hallways with daylighting for a natural healing environment. The expansion houses advanced endovascular suites, six procedure rooms, and 48 inpatient beds. Ground was broken on the project in summer of 2008. The first phase of construction is expected to reach completion in 2012.
Texas A&M University Plans Urban Living Laboratory
Texas A&M University will begin construction in late 2011 on the Urban Living Laboratory in Dallas. The mixed-use development will provide a living laboratory for sustainable design with residential, retail, office, and hotel space. The $127 million project will utilize sensors to collect data on building systems and technologies. The public-private development will be built by Realty Appreciation. The first phase of construction includes 300 apartment units. Subsequent construction phases will create a 1.1 million-sf sustainable community.
Alexandria Center for Life Science Opens in New York
Alexandria Real Estate Equities completed the first phase of the Alexandria Center for Life Science in December of 2010. Located in New York City, the life science park is designed as an international hub for scientific, entrepreneurial, and commercial collaboration. The 15-story, 310,000-sf Alexandria Center will house tenants including Eli Lilly & Company, ImClone Systems, Kadmon Pharmaceuticals, and Firmenich.
University of Nebraska Medical Center Breaks Ground on Eye Institute
The University of Nebraska Medical Center broke ground on the $30 million Truhlsen Eye Institute in Omaha in December of 2010. Housing research and clinical space for the department of Ophthalmology and Visual Sciences, the 47,000-sf facility will feature a diagnostic imaging center and specialty clinics. Completion is expected in 2012. A planned second phase of construction will provide surgical suites.
Construction Continues on Singapore University of Technology and Design
The $700 million Singapore University of Technology and Design is slated for completion in 2013. Developed in partnership with Massachusetts Institute of Technology, the school will provide interdisciplinary education in engineering, architecture, and information systems and will support the development of new teaching paradigms. Ground was broken on the project in July of 2010.