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Norfolk, VA (2008)

Innovation Research Park #2

NMTC financing supported the construction of an R&D laboratory and research center.

Investment

  • NMTC Amount: $16,482,500
  • Total Project Cost: $35,334,082

IMPACT

  • 400 FTE jobs
  • 378 construction jobs

Investor

Project Description

NMTC financing supported the construction of an R&D laboratory and research center. The new facility includes wet/dry labs, office space, and other research amenities. It houses Old Dominion University’s Frank Reidy Research Center for Bioelectrics. The Center for Bioelectrics is engaged in conducting cross-cutting ultra-short high voltage pulse and cold plasma research.

MAP

Address: 4211 Monarch Way, Norfolk, VA 23508

Census Tract: 51710002600

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