Construction Cost

Multi-Tenant Building Fosters Biomedical Economy in El Paso

Public and Private Interests Unite for Research and Economic Development Opportunity

Published 7-23-2014

A multi-tenant biomedical research and laboratory building is poised to become a powerful economic driver in El Paso, Texas, thanks to an innovative public-private partnership between the Medical Center of the Americas (MCA) Foundation, the City of El Paso, and a diverse group of investors and committed tenants. Construction has not yet begun on the building, called the Cardwell Collaborative, but key stakeholders—such as the city’s public health department, Texas Tech University, and the University of Texas at El Paso—have already snapped up master leases.

Rebounding Markets Drive Increased Near- to Mid-Term Institutional Construction Costs

Market Outlook 2013 Q4

Published 4-9-2014

End-of-year data from 2013 indicates that residential construction is on the rebound, with more than 1 million housing starts occurring in the fourth quarter. This is the first quarter that residential construction broke the 1 million mark since 2008. As a result, the national unemployment rate in the construction sector finally broke 10 percent at the end of 2013.

Lab Flexibility Pays Off for University of Alaska Fairbanks

Cost Reduction and Space Efficiency Key to Creating Science Community

Published 4-9-2014

The 101,800-gsf, $88.6 million Margaret Murie Building at the University of Alaska Fairbanks is the capstone project of a new life sciences district designed to accommodate a boom in graduate students and research grants in the life sciences. The research and teaching facility, featuring a flexible laboratory design and a new shared-space culture, replaces UAF’s legacy biology facilities with 60 percent overall space efficiency and more than 80 percent year-round utilization of teaching spaces.

Leasing of Research Facilities Becoming More Prevalent in Coveted Urban Areas

Careful Evaluation, Negotiation Needed to Ensure a Beneficial Arrangement

Published 1-22-2014

Lease arrangements for office and laboratory space have historically been mostly for smaller companies, but are now becoming increasingly popular as a way for large research institutions to find an entrée into or expand in congested and expensive urban centers quickly, cost-effectively, and with more flexibility than building new.

2014 Biocontainment Facilities Priorities

Industry Leaders Share Their Thoughts, Help Shape Upcoming Conference

Published 1-15-2014

The following is a compilation of responses to a survey that asked individuals responsible for planning, design, operations, and maintenance of high-containment facilities to rank their priorities for 2014 and make open-ended comments regarding those priorities. The issues identified in this survey will be the focus of Tradeline’s upcoming conference—The 2014 International Conference on Biocontainment Facilities—on April 10‐11 in Scottsdale, Arizona.

The respondents ranked their overall priorities as follows: