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Highwoods Properties Developing
Raleigh Office Building
Highwoods Properties announced it will begin development
of GlenLake Six, a $22.6 million, 122,000-sq-ft multi-tenant
Class-A office building with structured parking in the Glenwood/Creedmoor
submarket of Raleigh. This will be the third of seven buildings
Highwoods plans for its GlenLake office park.
Construction on GlenLake Six was set to begin in March, with
completion anticipated for the second quarter of 2008.
Double-Digit Declines in
January for Both Carolinas
The value of new contracts signed in January for future construction
activity decreased by 12% in North Carolina and by 25% in
South Carolina, compared to the same period of a year ago,
McGraw-Hill Construction reported.
In North Carolina - which totaled nearly $1.9 billion for
the month - the biggest dropoff came in the residential sector,
which fell 21% to total just over $1.1 billion, down from
last January's $1.4 billion. The volume of nonbuilding contracts
also fell, by 8%, to tally about $211.9 million for the month,
down from the $230.7 million of a year ago.
South Carolina experienced major double-digit percentage
declines in the residential and nonbuilding segments. Residential
contracts fell by 32% to total $480.6 million for the month,
compared to last January's $707.8 million. The value of nonbuilding
contracts declined by 40% compared to last January for a total
of $70.6 million. The nonresidential category improved however,
increasing by 9% to tally $222.5 million for the month.
Hoar Completes Raleigh's First Integrative
Health Care, Fitness Center
Birmingham, Ala.-based Hoar Construction recently completed
a 187,000-sq-ft comprehensive health-care facility for the
American Institute of Health and Fitness in Raleigh, N.C.
This new facility is the first integrative health care and
fitness center in the Raleigh area.
It incorporates all necessary ancillary health services including
medical and surgical physician offices, a surgery center,
dental health center, radiology services, laboratories, physical
therapy, pharmacy, sports medicine, a fitness center, spa,
clinical research, voluntary health organizations, a café,
daycare services and a 300-seat conference center.
Design for New Hospital in Elkin, N.C.,
Under Way
Nashville-based Hart Freeland Roberts Architects and Engineers
has completed a campus master plan and has been approved for
preliminary design for Hugh Chatham Memorial Hospital in Elkin,
N.C.
The master plan has been the first step in a planned $25
million expansion and renovation of the hospital.
The hospital is managed by Alliant Management Services, based
in Louisville, Ky.
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