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Former Lynchburg federal courthouse purchased by Bedford County company

The owners of Innovative Wireless Technologies have bought the old federal courthouse building at 1100 Main Street

Lauren Metz

Intern Reporter

5:28 PM EDT, July 25, 2012

LYNCHBURG, Va.

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The old federal courthouse in downtown Lynchburg will once again be filled with people, but this time you won't find any judges.

The owners of Innovative Wireless Technologies have bought the building.

IWT makes computer equipment for tracking and communicating.  The new location on Main Street is 36,000 square-feet, nearly tripling the size of their current building in Forest.

IWT leaders say moving downtown will benefit both the company and employees.

"We have a very active employee base, and I think it's very interesting for them to be close to the YMCA and the bike trail," said Todd Irby, Chief Financial Officer for IWT.  "We have one employee who lives on the bike trail, so he's going to walk to work."

The old courthouse has been vacant since 2005, when the government moved to a new courthouse.

IWT plans to move into the basement of its new building until renovations are finished.