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Recent Articles from Katherine Schulte
JLARC: GO Virginia’s economic impact positive but undefined
The state’s GO Virginia economic development initiative is likely improving regional collaboration and having positive economic impacts, but those can’t be reliably determined, according to a Joint Legislative Audit and Review Commission report presented Monday. In 2022, JLARC directed staff to review GO Virginia, which the state government created in 2016. GO Virginia provides economic [&[...]
NoVa Black Chamber of Commerce hires exec director
LeAnn White became the new executive director of the Northern Virginia Black Chamber of Commerce in November, the Tysons-based chamber announced Thursday. White has more than 20 years of banking sector experience. She was previously assistant vice president and business development officer at Fairfax-based FVCbank, according to her LinkedIn profile. Before that, White was a […]
Noblis CIO set to retire in April 2024
Gail Hogan, Noblis’ chief information officer and vice president, will retire after 44 years, the not-for-profit federal contractor announced Thursday. Her last day is April 5, 2024. In addition to overseeing the company’s IT workforce, Hogan assumed leadership for Noblis’ facilities, real estate and corporate asset management. Noblis has started an executive search for the […]
U.Va. breaks ground on Manning biotech institute
The University of Virginia began construction Friday on the $350 million Paul and Diane Manning Institute of Biotechnology. Paul and Diane Manning launched the institute with a $100 million donation in January. Paul Manning founded PBM Products, which became the world’s largest privately owned infant formula and baby food business, and sold it to Perrigo […]
Raleigh-to-Richmond rail project receives $1B federal grant
A passenger rail route between Raleigh, North Carolina, and Richmond will receive a $1 billion U.S. Department of Transportation grant, U.S. Sen. Thom Tillis, R-North Carolina, announced Tuesday. The approximate 162-mile route will be along the currently out-of-service CSX Transportation “S-Line” as part of a Southeast corridor to connect North Carolina with Virginia, Washington, D.C., [&helli[...]
Timmons tops off $50M HQ in Chesterfield County
Engineering and design firm Timmons Group topped off the last steel beam of its new, $50 million headquarters Friday at Chesterfield County’s Springline at District 60 mixed-use development. The five-story, 150,000-square-foot building is part of the $210 million, 42-acre first phase of the county’s Springline at District 60 development, located on Midlothian Turnpike off Chippenham […]
Virginians bet $571M on sports in October
Virginians wagered $571 million on sports in October, up 8.2% from a year ago, according to data released Friday by the Virginia Lottery. About $565.5 million in sports betting revenue came from mobile operators, and the rest, roughly $5.7 million, came from casino retail activity. Virginia’s current casinos are the temporary Bristol Casino: The Future […]
Harvey Lindsay acquires condo management portfolio
Harvey Lindsay Commercial Real Estate acquired a management portfolio of 50 buildings in the Hampton Roads region, the Norfolk-based real estate firm announced Tuesday. A Harvey Lindsay representative said the financial terms of the acquisition from Norfolk-based leasing and property management company Cavalier Land were confidential. Harvey Lindsay will assume management of the portfolio, which [[...]
Fed’s Fifth District economy grows slightly
The economy in the Federal Reserve’s Fifth District (a multistate region including Virginia, North Carolina, South Carolina, West Virginia and Maryland) grew slightly in recent weeks, according to the latest edition of the Federal Reserve’s Beige Book, released Wednesday. Published eight times per year, the Beige Book is based on anecdotal information about economic conditions […]
Lego donates $1M to six Richmond-area nonprofits
Lego Group has distributed $1 million in grants across six Richmond region nonprofits, the Danish toymaker announced Thursday. The company, which broke ground in April on its $1 billion manufacturing facility in Chesterfield County, awarded the funding to organizations serving children and families as part of its commitment to help kids “learn through play.” “Today […]
