Virginia Tech Foundation returns leftover funds, highlights Rova/Bridal Labs role in Roanoke's biotech corridor

Sep 9, 2026

Elizabeth McClanahan of the Virginia Tech Foundation presented the completed Rova/Bridal Labs renovation, credited regional partners and announced that remaining project funds will be returned to Roanoke after a $15.7 million appropriation funded the renovation.

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Elizabeth McClanahan, chief executive officer of the Virginia Tech Foundation, told Roanoke City Council the 40,000-square-foot building at 1030 South Jefferson has been renovated into laboratory and office space intended to anchor the city's biotechnology innovation corridor.

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