Bioscience co. breaks ground on future headquarters in Beloit | Business
A bioscience company broke ground on a new planned 50,000-square-foot facility in Beloit Thursday.
The building at 1800 Gateway Blvd., planned to be finished later this year, will serve as the NorthStar Medical Radioisotopes headquarters, the company said. The facility will develop a radioisotope used in medical diagnostic imaging.
NorthStar said in a news release that the facility is the first part of a planned 32-acre corporate campus. A second and third phase of expansion could double the building's size and build up to two additional facilities on the site by 2018.
The company said 20 full-time employees will work at the Gateway Boulevard building. According to the Rock County Development Alliance, NorthStar expects to have approximately 165 employees working at its Beloit campus within the next four years. NorthStar is currently headquartered in Madison at 5249 Femrite Drive.