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Home>Elizabeth Lake

Elizabeth Lake

Recent Articles from Elizabeth Lake

AI startup boom ‘here to stay’ in Virginia
Cover Story June 2, 2025

AI startup boom ‘here to stay’ in Virginia

Virginia’s AI startups are seeing record funding and expansion across biotech, cybersecurity, SaaS and more, driving tech innovation across the state.

Richmond’s new tallest building planned
Central Virginia June 1, 2025

Richmond’s new tallest building planned

Boutique hotel, condos, apartments and offices would be part of 875,000-square-foot tower on E. Main Street in Richmond.

Port of Virginia channel widening boosts ship traffic
Maritime Guide April 30, 2025

Port of Virginia channel widening boosts ship traffic

Port of Virginia completes channel widening, enabling 2-way ship traffic and boosting cargo volumes as deepening continues and offshore wind grows.

Tariffs, politics drive uncertainty for shipping
Maritime Guide April 30, 2025

Tariffs, politics drive uncertainty for shipping

Rising tariffs, Red Sea attacks, and labor costs create instability for shippers and could impact Port of Virginia operations and U.S. supply chain

Central Va. Big Deal: Petersburg voters say ‘yes’ to a $1.4 billion casino
Central Virginia February 27, 2025

Central Va. Big Deal: Petersburg voters say ‘yes’ to a $1.4 billion casino

Petersburg voters know when to hold ’em and know when to fold ’em. In November 2024, more than 80% of voters approved a casino referendum, giving the green light to Cordish Cos.’ $1.4 billion Live! Casino & Hotel Virginia, which will be built on an undeveloped, roughly 90-acre site off Interstate 95 in Petersburg. Baltimore-based […]

Central Va. Year-in-Review: Region scores in manufacturing, data centers
Central Virginia February 27, 2025

Central Va. Year-in-Review: Region scores in manufacturing, data centers

Central Virginia continued making headway in manufacturing and offices in 2024, as well as seeing increased interest from the data center sector. Growth is still taking place in Northern Virginia, home of Loudoun County’s famous “Data Center Alley,” where 70% of the world’s internet traffic courses, but as companies seek less expensive land for data […]

Henrico launches office buildings incentive program
Regions January 30, 2025

Henrico launches office buildings incentive program

During the pandemic, the office industry was “hit hard and quick,” says Jane DuFrane, senior vice president and Richmond market leader of Highwoods Properties, the Richmond area’s biggest landlord. But because office lease contracts last several years, “we didn’t feel the pain of COVID until those office leases started to expire,” she says. And that […]

100 People to Meet in 2025: Angels
100 People To Meet November 30, 2024

100 People to Meet in 2025

In our sixth annual list of 100 Virginians you’ll want to meet in the new year, you’ll encounter interesting people of many ages and occupations — from a doctor in his 80s who built the Chesapeake Care Clinic to a 10-year-old CEO who started his own popcorn business and whose parents are his employees.  In […]

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Economic Development October 31, 2024

All in good time

For decades, the promise of economic revitalization has tantalized Southwest Virginia. The sparsely populated region, once home to booming coal mining and tobacco industries, has had money and resources thrown at it by local, state and federal governments, but it’s still had a difficult time finding its footing. As the region’s economy has declined, so […]

Beyond number crunching
Virginia CFO Awards July 30, 2024

Beyond number crunching

Becoming a chief financial officer requires much more than just being a good accountant or number cruncher. Indeed, the Journal of Accountancy in 2023 reported a noticeable shift of the top finance officer’s job from being a “CF-No” — or someone who just pulls tight the purse strings — to the “CF-Know.” That’s a leader […]

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Top Stories

Virginia dropped to No. 4 in CNBC's 2025 Top States for Business rankings.

Virginia falls to No. 4 CNBC’s among top states for business

Virginia lost its spot at the top of CNBC's annual Top States for Business report, the cable busines[...]

Supreme Court allows Trump’s federal job cuts plan

Supreme Court allows Trump’s federal job cuts plan

WASHINGTON (AP) — The Supreme Court on Tuesday cleared the way for President Donald Trump’s[...]

Dollar Tree retail store

Dollar Tree completes $1B Family Dollar sale

Dollar Tree on Monday announced it has completed the sale of its Family Dollar business segment for [...]

Carilion Clinic raises $96M for cancer center

Carilion Clinic raises $96M for cancer center

Carilion Clinic is counting on public support to reach its $100 million goal to build a six-story ca[...]

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Emerson to lay off 87 workers in Charlottesville

Emerson Electric plans to lay off 87 workers at its Charlottesville manufacturing facility, starting[...]

Woman accused of running high-end brothels in Northern Virginia and near Boston set to be sentenced

Virginia senators seek injunction against seating 8 rejected BOV appointees

State senators ask for injunction so eight university board appointees can't be installed at three V[...]

People

Fred Pasquine. Photo courtesy Fairlead

Fairwinds Landing partner promotes new CEO

9/7/2025

A man wears a navy blue blazer and a green tie.

Dominion promotes Baine to EVP of utility operations

1/7/2025

Virginia 500 July 2025 Spotlight: Michael J. Lutes

Virginia 500 July 2025 Spotlight: Michael J. Lutes

29/6/2025

Regions

Frederick prepares for data center development

Frederick prepares for data center development

Increasingly, data center developers are eyeing sites in parts of the commonwealth outside Northern [...]

Officials envision new life for shuttered state campus

Officials envision new life for shuttered state campus

Summary CVTC closed in 2020, costing the region 1,600 jobs and $87M. Redevelopment plan envisions ho[...]

Post GreenCity, Henrico tries again

Post GreenCity, Henrico tries again

Henrico revives arena plans after GreenCity collapse, targeting a 17,000-seat venue by 2028 amid law[...]

$35B Capital One-Discover merger closes

$35B Capital One-Discover merger closes

McLean-based Capital One Financial completed its $35.3 billion acquisition of Discover Financial Ser[...]


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