Biotech Company Breaks Ground

Commonwealth Biotechnologies Inc. broke ground in May for their new $4 million headquarters and laboratory complex in Chesterfield County. The company has about 40 employees and expects to add 15 to 20 in the next 12 to 18 months. The 32,000 square foot complex in the Gateway Centre is expected to be completed by November.

In related news, the company also added a heavy hitter to its board of directors: former Governor George Allen. The Greater Richmond Technology Council named CBI the area’s top emerging technology company at its awards dinner in May. (refer to articles)

The Commonwealth Biotechnologies announcement coupled with LandAmerica’s relocation and expansion in the Gateway Centre One office building and ITT technology’s construction of a new electronic and information systems training facility next to CBI, has rejuvenated this ideally located office park at the intersection of Midlothian Turnpike and the Powhite Parkway.