Tech Center at Oyster Point
In early 2014, ground will be broken on the commercial components of this major collaborative project involving W. M. Jordan Company, S.J. Collins Enterprises, Virginia Tech, the City of Newport News and the EDA/IDA. The mixed-use development concept at the corner of Oyster Point Road and Jefferson Avenue begins immediately with retail, commercial and restaurant construction, followed closely by at least 250 luxury apartments, and with a highly anticipated Whole Foods planned for opening in mid-2015.
Tied closely to this commercial investment’s lure, Virginia Tech and W.M. Jordan have teamed to introduce a corporate research center concept on adjacent properties with growth potential of up to one million square feet of office and research space, and modeled on the highly successful Virginia Tech Corporate Research Center in Blacksburg.
In Spring 2013, as the private development team was obtaining R9 Mixed Use Zoning on the 44-acre commercial property with a major endorsement from Jefferson Lab leadership, the EDA/IDA, the City of Newport News and the School Division began planning for necessary land transactions to facilitate the corporate research center, including the relocation of the 33-acre School Division’s Service Center for Operations and Transportation (SCOT).
Adjacency to one of ten U.S. national science laboratories, as well as nearby NASA and the National Institute of Aerospace, offers tremendous potential for leveraging the presence of high-tech scientific and technical workforces and the international user community they serve. Jefferson Lab has continued to be a strong advocate and cooperative partner in master planning and has major facilities upgrade plans that can be meshed with the corporate research development in ways that benefit Jefferson Lab and economic development in Newport News and the region for decades.Visit website