The first building in the Newport News Tech Center Research Park near Jefferson Lab is on track to complete construction this fall and its committed anchor tenant expects to employ about 200 workers there, leaders confirmed.
Medical device firm ivWatch signed a letter of intent for more than 25,000 square feet of space and plans to consolidate and relocate its Hampton and James City County offices in the building, where the company would have more room to grow, said ivWatch President and CEO Gary Warren.
ivWatch would take about a quarter of the Building One’s 80,000 square feet of space across from Venture Apartments on Hogan Drive, said Skip Smith, development vice president with research park developer and Newport News-based W.M. Jordan Co. W.M. Jordan CEO John Lawson is also the board chairman of ivWatch.
