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
ADC Telecommunications Plans New World HQ
ADC Telecommunications Inc. is planning a new $100 million, eight-building world headquarters and technology campus. The new headquarters, a 91-acre site in Eden Prairie, Minn., will house ADC corporate, engineering, and divisional offices, and include office space, labs, light manufacturing areas and parking facilities. Amenities include a 280-seat auditorium, on-site fitness center, and expanded corporate training facilities. Johnson Controls Personal Environments will be installed at the individual workspaces.
State Street's New Boston Offices
State Street Corporation is occupying 410,000 sf in floors one through six at the Lafayette Corporate Center in Boston's Financial District. The Center--a former shopping mall--has been renovated and expanded to function as first class office space. For the build-out, State Street hired Sasaki Associates of Watertown, Mass., as the architect and George B.H. Macomber Company of Boston as construction manager.
Capital One Consolidates in Tysons Corner
Capital One Financial, based in Falls Church, Va., has plans to consolidate five regional offices at a new corporate campus in Tysons Corner in Northern Virginia. The 28-acre site will accommodate 700 employees in 2002, when the facility is scheduled for completion.
New Building for Office of Student Financial Assistance
General Services Administration (GSA) is planning a new $35 million, 215,000-sf facility in Washington for the Office of Student Financial Assistance, a Department of Education division. Groundbreaking is scheduled for May 2000, with occupancy anticipated by October 2001. Greenbaum & Rose of Washington is the developer for the project. The general contractor is Centex Construction of Fairfax, Va.
Discovery Builds Global Headquarters
Discovery Communications has plans to house 2,000 employees at a $150 million, 500,000-sf global headquarters to be built on four acres in Silver Spring. Gensler is the strategic planning/interior design architect for the project. The Smith Cos. will design the base building. The general contractor is Clark Construction.