RICHMOND, Va., April 17, 2013 /PRNewswire/ -- With its nearly 650 employees moved in and settling into Phase I of its headquarters expansion, Health Diagnostic Laboratory, Inc. started construction this week on Phase II of the 283,000-square-foot complex.
Located at the corner of East Jackson and North Fifth streets and bordered to the southeast by Navy Hill Drive, Phase II will be a mirror image of Phase I and connect to it, and when completed in April 2014 will contain 95,000 additional square feet of office and wet laboratory space. One of the nation's fastest-growing companies, HDL, Inc. is a prominent anchor tenant of the Virginia BioTechnology Research Park.
"Our ability to expand so quickly and immensely, from both a real estate and employment perspective, is due to the demand for HDL's advanced testing and health consulting and our ability to deliver high-value services at a low cost to millions of Americans," said Tonya Mallory , HDL, Inc.'s CEO, President and Co-Founder. "It is our mission to prevent and reverse heart disease and related diseases, and this real estate expansion is allowing us to do so as a team in a values-based, innovative environment in downtown Richmond."
Phase I of HDL, Inc.'s expansion was announced in November 2011. Construction required demolition of the former BioTech Three building at the corner of East Jackson and North Fifth streets. Phase I's 112,000-square-foot, six-story complex added to HDL, Inc.'s existing 76,000-square-foot, three-story building – known as BioTech Eight – and construction was completed in February 2013.
At a cos
|SOURCE HDL, Inc.|
Copyright©2012 PR Newswire.
All rights reserved