VIRGINIA BEACH, VA-LifeNet has broken ground on its new 170,000-sf corporate headquarters facility that will be located at the intersection of Princess Anne Rd. and Concert Dr. in the city’s Princess Anne Commons area. The federally designated donor organ procurement concern will spend $40 million to erect the building, which will be developed in 12 phases on a 16-acre site. An increasing demand for the company’s services prompted the expansion.

In addition to providing much-needed space for administration, distribution and processing activities, the headquarters will allow the company to consolidate under one roof. Its workers are currently located in leased space within four buildings at the 350-acre Norfolk Industrial Park.

“We will be able to process more tissue, and we will be able to distribute more tissue to our partners across the country,” LifeNet’s Dena Reynolds tells GlobeSt.com. “And for us to be able to move into one building will be great for the company.”

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