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Home>Katherine Schulte

Katherine Schulte

Recent Articles from Katherine Schulte

Server room interior in datacenter. Depositphotos
Central Virginia November 20, 2025

Data center developer to build $3B campus in Caroline

CleanArc Data Centers is building a $3 billion data center campus in Caroline County, Gov. Glenn Youngkin announced Thursday.

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Northern Virginia November 19, 2025

Reston fintech startup closes $400M financing round

Quantum Lending Solutions has closed a $400 million financing round, the Reston-based financial tech startup announced Tuesday.

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Technology November 18, 2025

Amazon buys 189 acres in Prince William tech park for $700M

Amazon Data Services has bought approximately 188.5 acres in Prince William County for a whopping $700 million.

Gov. Glenn Youngkin, Lego Vice President Cindy Sikora and others ceremonially broke ground on Lego's regional distribution center in Prince George County on Nov. 13, 2025. Photo by Katherine Schulte/Virginia Business
Top Stories November 13, 2025

Lego holds groundbreaking for $366M Prince George distribution center

The Lego Group held a ceremonial groundbreaking Thursday for its $366 million warehouse and distribution center in Prince George County.

Sphere Apartments at 2005 Brook Road in Richmond. Photo by Katherine Schulte/Virginia Business
Central Virginia November 7, 2025

Richmond Northside apartments sell for $45M

A 224-unit apartment complex in Richmond’s Northside neighborhood sold for $45.02 million in late October.

Eastport Industrial Park in Henrico County. Photo courtesy Equus Capital Partners.
Real Estate November 5, 2025

Industrial park near Richmond airport sells for $142M

An eight-building industrial park near the Richmond International Airport sold for $142 million, according to news releases this week.

Xcelerate Solutions' leadership team cut the ribbon on its new headquarters space on Tuesday. From left: Mike Brokaw, Mark Drever, David Kapusta, Vivek Malhotra and Doug Kollme. Photo courtesy Fairfax County Economic Development Authority.
Real Estate November 3, 2025

Xcelerate Solutions expands in Tysons

Defense and national security contractor Xcelerate Solutions is expanding its headquarters and workforce in Tysons.

The 2025 Virginia Icon Honors Awards
Icons November 2, 2025

The 2025 Virginia Icon Honors Awards

Enduring leadership shapes institutions, communities and workforces. Across Virginia, trailblazing executives, public servants, educators and philanthropists have spent decades building organizations, creating opportunities and mentoring the next generation — leaving a record measured not only in results but in lasting impact. Virginia Business is proud to launch the Virginia Icons Honors, award[...]

Gov. Glenn Youngkin signed on Oct. 31, 2025, a memorandum of understanding with AstraZeneca, Eli Lilly, Merck and state entities to establish a training center. Photo by Katherine Schulte/Virginia Business
Industries October 31, 2025

AstraZeneca, Eli Lilly, Merck commit $120M to Virginia pharma training

AstraZeneca, Eli Lilly and Merck committed $120 million to develop an advanced pharmaceutical manufacturing training center in Central Virginia.

Touhill leaving Arlington Economic Development
Economic Development October 30, 2025

Touhill leaving Arlington Economic Development

Arlington Economic Development Director Ryan Touhill is leaving AED, the Arlington Chamber of Commerce confirmed Thursday.

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Top Stories

Server room interior in datacenter. Depositphotos

Data center developer to build $3B campus in Caroline

CleanArc Data Centers is building a $3 billion data center campus in Caroline County, Gov. Glenn You[...]

A Capital One sign in front of a glass-paneled building

FDIC files counterclaim against Capital One in special assessment case

This week the Federal Deposit Insurance Corp. filed a counterclaim against McLean-based bank Capital[...]

Flags wave on the roof of the State Capitol in Richmond, Va. Feb. 26, 2011. (AP Photo/Steve Helber)

Virginia Senate Democrat files right-to-work repeal bill

Democratic state Sen. Jennifer Carroll Foy has filed legislation to repeal Virginia's right-to-work [...]

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Amazon buys 189 acres in Prince William tech park for $700M

Amazon Data Services has bought approximately 188.5 acres in Prince William County for a whopping $7[...]

Stephen Edwards tapped for national port association board

Edwards to step down as Port of Virginia CEO

Stephen A. Edwards is stepping down at the end of the year as the Virginia Port Authority's CEO and [...]

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Ex-U.Va. president alleges board members ‘complicit’ in exit

Former University of Virginia president Jim Ryan on Friday sent a 12-page letter to the university's[...]

People

Tara Y. Harrison is retiring as the chief financial officer of Charlottesville-based Virginia National Bank. Photo courtesy Virginia National Bank.

Virginia National Bank CFO to retire

20/11/2025

McLean-based Bogart Wealth has appointed Allen Eickelberg as its chief operating officer. Photo courtesy Bogart Wealth

Bogart Wealth announces new COO

19/11/2025

Regent University names law school dean

Regent University names law school dean

13/11/2025

Regions

Four cards and a stack of chips on a green felt table

Virginia casinos report $82M in October revenue

October gaming revenues for Virginia’s three casinos totaled $82.1 million, according to data the [...]

Virginia Intermont College campus owner modifies plans

Virginia Intermont College campus owner modifies plans

The owner of the former Virginia Intermont College in Bristol plans a new four-year school and mixed[...]

Roanoke remembers Hurricane Juan’s 1985 toll

Roanoke remembers Hurricane Juan’s 1985 toll

Forty years ago, remnants of Hurricane Juan dumped buckets of rain on the Roanoke Valley for days. T[...]

Newport News airport shifting beyond commercial flights

Newport News airport shifting beyond commercial flights

Following years of declining commercial air travel, the Newport News-Williamsburg Airport is expandi[...]


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