The settlement was further developed by the Soviet government during the 1970s with the establishment of many new industrial plants including the Armenian marble and granite processing plant opened in 1971, followed by the reinforced concrete manufacturing plant in 1973. In 1974, the community was given the status of urban-type settlement and renamed Byureghavan, after its well-known cut glass factory of the town. During the same year, the Arzni mineral water plant was relocated to Byureghavan. Many plants for building materials production were also opened in Byureghavan, including the prefab house-building plant.