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Town Center Two Building Underway

The University of Virginia Foundation recently began site work for the Town Center Two building, located across the street from the Town Center One building and on the corner of Research Park Boulevard and Lewis & CLark Drive. Projected completion is August, 2006.

The 84,000 square feet building will be the seventh building in the Park and will provide Class A office space for both existing tenant expansions and new companies entering the marketplace.

UVA Surpasses $300 Milllion in R&D

University of Virginia researchers topped $300 million in grants and contracts during the 2004-2005 fiscal year, a milestone in the University's drive to upgrade its research enterprise. When the final numbers are tallied, the total amount of research support could reach as high as $313 million. Said R. Ariel Gomez, vice president for research and graduate studies: "The University has made substantial investments in research, and we have plans for the short- and long-term future that involve the retention of our best faculty, attracting outstanding internationally recognized scientists and the best students, coupled with the construction of the most modern research facilities available today and the upgrade of our existing ones."

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Renowned Engineer Joins University

Renowned Engineer Joe C. Campbell was appointed to UVA faculty. He is a renowned innovator in electrical engineering and nanotechnology and widely credited for having developed the modern-day detectors of laser light used in fiber optics systems in telephone and other telecommunication systems, has been appointed as the Lucien Carr III Professor of Engineering and Applied Science at the University of Virginia. This appointment is the first of 10 National Academies-level researchers hired by UVA in the BoV's $126 million initiative to enhance science and technology.

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National Leader in Pulmonary and Critical Care Medicine Tapped to Lead Internal Medicine at UVA

Robert M. Strieter, M.D., one of the nation’s top pulmonary clinicians and scientists, has been appointed Chairman of the Department of Internal Medicine of the University of Virginia Health System. Dr. Strieter comes to UVa. from the David Geffen School of Medicine at the University of California, Los Angeles (UCLA), where he currently serves as professor of medicine, pathology, pediatrics, chief of the Division of Pulmonary and Critical Care Medicine and vice chair of the Department of Medicine for Hospitalist Programs. Dr. Strieter will begin his appointment on July 1, 2006.

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Virginia Unemployment Figures Improve

Initial unemployment claims in the state have dropped over recent months. In November, the six-month moving average for initial claims fell just below 22,000, the lowest level since September 2000. The number of initial applicants for unemployment insurance has fallen from a year ago. For the year ending with November 2005, initial claims decreased by 12.0 percent (six-month average).