US-based developer Edens has secured an approval from the Boston Redevelopment Authority Board to develop a $200M mixed-use project in Boston.The 6,500sq m development, located near to Edens’ South Bay Center in Boston’s Dorchester neighbourhood, will feature 1,050sq m of restaurants and shops, a 12-screen AMC Theatre with IMAX, a flagship Wahlburger’s, a 130-room hotel, and two parking garages. The developer will also collaborate with Mill Creek Residential to develop 475 multi-family units, which will be in a mix of studios and three-bedroom apartments.During construction, Edens also plans to revamp the 4,000sq m South Bay Center.<iframe src="https://timetric.com/c/UUWD56W/chart/" style="width:500px;height:350px;border:0;" frameborder="0" scrolling="no"></iframe>
The University of Maryland has unveiled plans to redevelop several existing businesses into a mixed-use development.The $110M project will feature 300 luxury apartments and will also serve and enhance the amenities available to a community of more than 50,000 students and university staff.It involves collaboration between Bozzuto, Willard Retail, and the University of Maryland College Park Foundation, the entity that will acquire the property in early 2017. Bozzuto president and CEO Toby Bozzuto said: "We are grateful to have been selected to develop this wonderful project with the University of Maryland College Park Foundation, the University of Maryland, the City of College Park, Prince George's County, and Willard Retail."The combination of our previous experience developing Monroe Street Market with Catholic University and the strength of our partners will create a community to complement the university's ongoing redevelopment efforts in downtown College Park. This is a rare opportunity to develop a project with transformative potential and we are proud of our stake in this extraordinary collaboration."
Bryn Mawr Hospital has broken ground on the $200M patient pavilion in Bryn Mawr, Pennsylvania.The project will include an 18,500 sq m patient pavilion, two new medical/surgical telemetry units, a new intensive care unit, 12 new operating rooms, and renovated maternity and delivery rooms. The building will be erected in the centre of the campus, taking the place of the Clothier Building and Medical Office Building South. Bryn Mawr Hospital president Andrea Gilbert said: “The campus master plan and modernisation project builds upon Bryn Mawr Hospital's long-standing history of providing exceptional, leading-edge health care in our community.“This investment is evidence of Main Line Health and Bryn Mawr Hospital's continuing promise to deliver personalized, advanced care in a comfortable, contemporary setting.“A treasured community teaching hospital for more than a century, the next iteration of Bryn Mawr Hospital envisions a physical space that matches the patient-centered, quality-driven care that remains core to our mission.”
US-based Jacobs Engineering Group has won a contract to deliver engineering services for the expansion of Mitsubishi’s polyester film plant in Greenville County, South Carolina. Mitsubishi Polyester Film, a subsidiary of Japan-based Mitsubishi Plastics, offers a range of polyester films for the industrial, packaging, imaging and electrical markets.Pursuant to the contract, Jacobs will provide engineering services for the $100m project, which includes the installation of a polyester film production line that is expected to combine high level technology with production efficiency.Jacobs’ senior vice president specialty chemicals Andrew Berryman said: “We are excited Mitsubishi chose Jacobs to invest in its existing facility. Our team is committed to delivering a safe, innovative project to support Mitsubishi’s customers and markets around the world.”The project is set to be complete by late 2017.
Pennsylvania's SugarHouse Casino has completed the $164M casino expansion project.Designed by Cope Linder Architects, the project increased SugarHouse’s facility from 10,000 sq m to 24,000 sq m, excluding the new seven-storey parking garage of about 56,000 sq m. The new parking garage offers 1,500 new spaces for guests, with direct elevator access to the casino floor.The project also includes additional restaurants and a 2,800 sq m event centre.The expansion project created 500 new full-time jobs, raising the number of current employees to 1,700.
High-tech components manufacturer SATA Group is set to construct an $114M machine plant in Brownsville, Texas. The 350-acre development will be located on newly designated Interstate 169 and will include a vertically-integrated machining-foundry-forging operation by 2020. Further plans include an aluminium die cast operation, a plastic injection molder, a distribution centre and an apprenticeship training centre.SATA’s USA vice president Pietro Cinotto said: “Our level of quality and superior manufacturing productivity created a global demand for our machined products and services.“It grew to the point where it made sense for us to enter the North American market and that’s when Brownsville, Texas came into our site selection process. The overwhelming support helped us make the decision to settle in Brownsville.”The project is expected to create 300 jobs in the region.
Etobicoke Healthcare Partnership has secured a $330M contract to design, build, finance and maintain the new Etobicoke General Hospital Phase 1 Patient Tower Project in Ontario, Canada.The scope of the contract will include the construction of a new four-storey wing and will add about 23,225 sq m of space to the existing facility.The project will feature an emergency department, an ICU/CCU about four times larger than the current space, a maternal newborn unit and an ambulatory procedures unit.Designed to achieve Leadership in Energy and Environmental Design Silver certification, the Phase 1 Patient Tower Project is expected to create 300 jobs at the construction peak. Infrastructure Ontario president and CEO Bert Clark said: "Infrastructure Ontario is proud to partner with William Osler Health System to deliver the Etobicoke General Hospital expansion — another great example of what can be achieved through public-private partnerships."Construction work will commence immediately and is anticipated to be complete in late 2018.
US-based developer VanTrust Real Estate is set to construct the first phase of the $1bn Frisco Station mixed-use project in Texas
Bayhealth Medical Center has received approval for the construction of a new health campus in southern Delaware, USA.The $300M project, designed by CannonDesign, will be developed on a 165-acre site and will offer inpatient and outpatient care services. CannonDesign’s senior vice president Troy Hoggard said: “Our team explored southern Delaware to learn more about the landscape and we used our findings as inspiration in developing a concept for the exterior façade of the hospital and outpatient centre.“What we found were sprawling farmlands, waves crashing onto the beaches, and sand rippled after a summer storm, and each is reflected in our design.”The work on the project is set to commence in spring 2016.
The Salt Lake City International Airport in Utah is planning to construct a $740m concourse north of the existing terminal. The new concourse is expected to accommodate forecasted growth in passenger traffic and replace aging facilities.The project is in addition to the South Concourse, which is just starting construction as part of the Salt Lake City Department of Airport’s (SLCDA) Terminal Redevelopment Program (TRP).The new facility will increase the TRP from $1.8bn to $2.6bn and will replace existing gates on Concourses B, C and D, which have deficiencies that would require costly renovations if retained.The plans are on to include a flexible gate layout to serve a mix of aircraft sizes, even though the concourse will primarily be used for narrow-body and small, wide-body aircraft.The north concourse layout will allow an additional 15 gates to be added to the east for a total of 45 gates. Further, a passenger tunnel will be built to connect the North Concourse to the South Concourse and the new terminal.Phase one of the construction work will commence on the west portion of the building and is set to be finished in 2020, in conjunction with the opening of the South Concourse-West and the new terminal.
US-based chemical company Chemours is set to build a new $230m facility in Ingleside, Texas. The new move is part of the company’s five-point transformation plan to invest in large-scale manufacturing to expand supply of its Opteon family of products.Set to be built over three years, the new facility will be located at the Chemours Corpus Christi site and it is expected to triple the production capacity of Opteon products.The new plant will use an innovative, patented process to produce Opteon YF (HFO - 1234yf), which is used in automotive air conditioning and in Opteon refrigerant blends for a range of applications.Chemours’ president and CEO Mark Vergnano said: “Opteon products were developed in response to increasingly stringent environmental regulations, and in many cases they perform better than the products they replace.“This is another step in our transformation plan, and is a shining example of how Chemours is investing in innovative growth opportunities as we become a higher value chemistry company, delivering essential solutions that improve the quality of life.”The site is expected to be operational in the third quarter of 2018.
Texas A&M University System chancellor John Sharp has unveiled plans for a new $150m research and development (R&D) campus. The new project will be located at the Riverside Campus, in the former Bryan Air Base, a World War II facility that Texas A&M University acquired in 1962. The 2,000-acre tract will be named the Rellis Campus.The $150m investment includes $25m to demolish 32 old buildings, rebuild roads and update utilities. The base's chapel and two hangars will be renovated in recognition of the site's role of training pilots for the World War II.Construction of the first building is likely to begin in September 2016 and the $25m in upgrades is expected to be completed by the end of 2017.
China-based Sun Paper is set to invest more than $1bn in a bio-products mill in Arkadelphia, Arkansas. The mill will be the company’s first facility in North America and will be located in the heart of Arkansas' timber industry, where 18.8m acres of its area are covered by forests. The facility will convert wood into pulp to be used for paper production.The project will create more than 2,000 direct jobs during construction work Once operational, the mill will employ 250 people directly and generate an additional 1,000 indirect jobs in the timber industry.Arkansas governor Asa Hutchinson said: "The fact Sun Paper is investing more than $1 billion in south Arkansas speaks volumes of their confidence in our workforce and pro-business environment."This is among the largest private investments in the state's history and the impact will be felt for generations. Thanks to Sun Paper for choosing Arkansas as the location for its first North American facility."Construction is expected to start in the first half of 2017 and production is scheduled to begin in late 2019.
Pharmaceutical company Allergan has begun work on a $200m expansion of its facility in Waco, Texas. The Waco facility is the company's flagship manufacturing facility for its eye care products such as Restasis, Lumigan, Combigan, Refresh Plus, Refresh Tears and Latisse. The project will increase the manufacturing space of the existing facility by 322,000 sq ft, nearly doubling its current footprint. The expansion will add a new raw material dispensary, an automated bulk formulation suite and ten new production lines, as well as warehousing space. The Waco facility will be able to manufacture more than 40 different products and its production capacity will be increased by more than 50%. When completed, the extended capacity will add about 100 full-time jobs, and at full utilization will have the potential to add 250 more. Allergan’s president and CEO Brent Saunders said: "Today's groundbreaking marks an important milestone for Allergan, strengthening our commitment to our people, operations and the partnership we have built with Waco and the Central Texas communities for 27 years. "This investment will add highly-skilled jobs to the Waco and Central Texas economies, elevate our manufacturing capabilities and increase our ability to provide more complex medicines to more physicians and their patients around the globe.” The construction, commissioning and validation of the facility expansion and production processes are scheduled to be completed by 2020.
The Georgia Institute of Technology and John Portman & Associates (Portman) have unveiled plans for the Coda collaborative building in Tech Square, Atlanta.Estimated to cost $375m, the 750,000 sq ft mixed-use development is being designed by Portman in order to achieve the primary goal of bringing research and commercialisation together.The development will have 620,000 sq ft of office space, half of which will be occupied by Georgia Tech, and nearly 40,000 sq ft of retail space, including the adaptive reuse of Crum & Forster building, which will become a local gathering place and outdoor living room for Tech Square and Midtown Atlanta.The development will also include an approximately 80,000 sq ft data centre, which Next Tier HD has been selected to operate.Coda will be programmed around high performance computing modelling, simulation and a sustainable innovation ecosystem, integrating the existing assets of Tech Square with new opportunities in interdisciplinary research, commercialisation and sustainability.The project is expected to create 2,100 construction jobs and 2,400 jobs onsite after completion. Portman Holdings’ CEO Ambrish Baisiwala said: "We're excited to develop Coda, encompassing collaborative office space, co-working and research facilities, a high performance computing centre and interactive community space, collectively enhancing the innovation ecosystem created by Georgia Tech and Midtown."
Work has begun on SUNY Polytechnic Institute's new computer chip production facility for Ams AG at the Marcy Nanocenter in Utica, New York.Marcy Nanocenter has been designed to replicate the success of SUNY Poly's Nanotech Megaplex in Albany. The new facility is being built close to a campus of SUNY Polytechnic Institute in New York's Tech Valley. The initial private investment in the project is $2bn.The factory, which is being built to Ams's specifications, is initially expected to offer a capacity of at least 150,000 200mm-wafer equivalents per year, and will be able to surpass an operating capacity of 450,000 200mm-wafer equivalents per year with the expansion to follow. Production capacity will supplement Ams' existing production operations at its headquarters near Graz, Austria. The groundbreaking marks a major milestone in the governor's Nano Utica initiative, which is now projected to create at least 4,000 jobs over the next decade, and includes research and development at the Computer Chip Commercialization Center (QUAD C) in partnership with General Electric.Ams CEO Alexander Everke said: "Building this new wafer fab enables Ams to achieve its plans for growth and to meet the increasing demand for sensor solutions produced at advanced manufacturing nodes."Our decision to locate the facility in New York was motivated by the availability of a highly skilled workforce, the proximity to prestigious educational and research institutions, and the favorable business environment, backed by public and private partners.”The plant is scheduled to become operational in the first half of 2018 and Ams will operate the facility under a 20-year lease.
Pirelli is set to expand its presence in Mexico by investing $200m in a new tyre factory.
Long Beach city, in California, has secured funding for its $513m Civic Center P3 project.The project involves the creation of a new civic centre designed with a high seismic resiliency, an 11-storey, 270,000 sq ft city hall, an 11-storey, 237,000 sq ft port headquarters building, a two-storey 92,000 sq ft main library, a 73,000 sq ft civic plaza, and new underground parking with 469 spaces.It features a central utility plant and a three rooftop solar array system to meet 25% of energy needs of the civic centre, and a 4.9-acre revamped city park. Furthermore, plans are on for a future project featuring up to 580 homes, a retail space and up to 200 hotel rooms.Long Beach’s mayor Robert Garcia said: "We are excited to see this deal move forward and to meet the goals set by the city three years ago when it embarked on the Civic Center P3 procurement."I'd like to congratulate and thank our city council, city staff, our partners, and the Plenary led consortium that helped us to reach this important milestone."The Plenary-led consortium includes co-developer Edgemoor Infrastructure and Real Estate, Johnston Controls, Clark Construction, and Skidmore Owings & Merrill. The city's advisors include p3point, Arup, HOK, BAE Urban Economics, MBI, Sheppard Mullins, KNN and Kutak Rock.
Temple University in Philadephia has broken ground on a $170m library, the most expensive project undertaken by the university to date.The library has been designed by Snøhetta, but it is being built in collaboration with Stantec. Originally planned to be built on Broad Street, the building is now being constructed at the centre of Temple's campus, between Polett Walk and 13th Street. This 225,000sq ft library will be one of the few libraries in the world that uses the automatic search and retrieval system (ASRS), which will store 90% of the 2m books held by the university. The library is scheduled to open in the fall of 2018.
RioCan Real Estate Investment Trust (RioCan), along with Embassy BOSA, has broken ground on the $500m Fifth and Third East Village project in Calgary.The 2.8-acre project site is located in the East Village area of downtown Calgary, Alberta. The mixed-use project, formerly known as CPA Lands, will include approximately 188,000 sq ft of retail space.Central to the project will be an 82,000 sq ft Loblaws City Market that will service the East Village, Bridgeland and Inglewood. Two residential towers will rise 20 floors above it, totalling 500 condos. Other tenants will include Shoppers Drug Mart and Olympia Liquor store.RioCan will own 100% of the retail portion of the site and has entered into a firm sale with the developer Embassy BOSA for the air rights above the commercial component of this development site.Embassy BOSA will be responsible developing the residential portion and will also fund their proportionate share of the infrastructure costs on a cost-to-complete basis. It had already paid the first instalment in the first quarter of 2016.Construction work on the project is anticipated to be completed in 2019.