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Genentech, a member of the Roche Group, has broken ground on a $700 million, 700,000-square-foot manufacturing facility in Holly Springs, N.C. This is the biotech company’s first such development on the East Coast and it expects to bring it online by 2029.

The property will support Genentech’s metabolic medicine production, including obesity treatments.

The construction site is at 4001 Friendship Road, across the street from Amgen’s campus, where the firm pledged to invest $1 billion last year to add a second manufacturing plant. Downtown Raleigh, N.C., is about 20 miles northeast, while U.S. Route 1 runs less than 1 mile away.