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Home>Rachael Smith

Rachael Smith

Recent Articles from Rachael Smith

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Central Virginia August 29, 2024

U.Va. hotel, conference center expected fall 2025

To fulfill a need for a new comprehensive conference space in Charlottesville, the University of Virginia is set to welcome the Virginia Guesthouse hotel and conference center in fall 2025. The new facility will feature 214 guest rooms, including nine suites. The approximately 224,000-square-foot Virginia Guesthouse will offer close to 29,000 square feet of conference […]

Fairfax tech firm Antithesis exits stealth mode with $47M
Start Virginia July 30, 2024

Fairfax tech firm Antithesis exits stealth mode with $47M

It’s appropriate that Vienna software startup Antithesis is housed in the former headquarters of Ringling Bros. and Barnum & Bailey Circus’ parent company. After all, Antithesis emerged from stealth mode in February to announce it had raised a Jumbo-sized $47 million in seed funding. Founded in 2018, Antithesis is an AI-powered cloud platform for autonomously […]

Wise County tech park is growing
Southwest Virginia May 30, 2024

Wise County tech park is growing

Progress continues on the Wise County Industrial Development Authority’s 200-acre Elam Farm industrial site in Wise County, which will expand an existing technology park. With help from various sources, including a total of $1 million from the Virginia Coalfield Economic Development Authority, the project so far has received $4.8 million in investments, with plans to […]

McLean AI health care startup raises $111 million
Startups May 30, 2024

McLean AI health care startup raises $111 million

A McLean-based health care tech startup wants to provide more targeted medical treatments for people with cancer, heart disease and other common diseases. Zephyr AI, founded in 2020, is a precision medicine company on a mission to democratize personalized medicine and is doing it by developing artificial intelligence-powered algorithms that can glean insights from health […]

Tazewell indoor salmon farm adjusts course
Southwest Virginia April 29, 2024

Tazewell indoor salmon farm adjusts course

The $228 million Pure Salmon facility on 200 acres straddling Tazewell and Russell counties has hit a snag with construction delays and is pushing back its expected timeline. Tazewell County Administrator Eric Young says construction progress has not proceeded as anticipated on the Virginia branch of the United Arab Emirates-based Atlantic salmon farming and processing […]

Roanoke Council approves Evans Spring plan
Roanoke/New River Valley April 29, 2024

Roanoke Council approves Evans Spring plan

After months of heated debate, Roanoke City Council greenlit a development plan for Evans Spring, the largest piece of undeveloped land in the city. The plan, approved March 4 by a 4-3 vote, opens the door for potential economic development of 75 acres of the roughly 151-acre tract, city officials say. The recommended development scenario […]

Buchanan County expands industrial park
Southwest Virginia March 28, 2024

Buchanan County expands industrial park

Economic development is booming inside the Southern Gap Industrial Park in Buchanan County, where the county industrial development authority is spending $4 million to develop a new shell building and a 20-acre industrial site. With support from the Virginia Coalfield Economic Development Authority, the park has become a hub for growth in an area historically […]

Radford Hub aims to connect students, biz community
Roanoke/New River Valley March 28, 2024

Radford Hub aims to connect students, biz community

For The Hub at Radford, location is everything. The new economic development support center, which opened in October 2023, is just across the street from Radford University in downtown Radford. “Our location … is symbolic to the vital role we play as an anchor institution and as a strong contributor to the well-being of the […]

Clarke County limits solar development
Shenandoah Valley March 28, 2024

Clarke County limits solar development

Clarke County prioritizes agriculture. That’s what drives most of its policy-making as the county navigates the complexities of renewable energy development while preserving its farmland, explains County Administrator Chris Boies. In January, the county’s Board of Supervisors approved new regulations for utility-scale solar projects. Boies says the ordinance has always required solar p[...]

Roanoke/New River Year-in-Review: Meeting the demand
Roanoke/New River Valley February 28, 2024

Roanoke/New River Year-in-Review: Meeting the demand

The Roanoke and New River Valley regions each had their most successful economic development year in recent history, according to John Hull, executive director of the Roanoke Regional Partnership. That’s thanks to $387 million worth of economic investments announced in 2023, potentially creating thousands of jobs. Roanoke County landed the biggest fish, with Wells Fargo […]

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Top Stories

Virginia 500: The 2025-26 Power List

Virginia 500: The 2025-26 Power List

Who are Virginia’s most powerful and influential leaders in business, government, politics and[...]

Skanska completes offshore wind staging project at Port of Virginia

Trump administration withdraws $39.27M for Norfolk offshore wind project

The Trump administration withdrew $39.27 million in federal funding that had been awarded for an off[...]

Virginia eyes nuclear to power booming data centers

Virginia eyes nuclear to power booming data centers

Data centers devouring nearly a quarter of Virginia’s electricity, leaders push nuclear power, fro[...]

Mary Baldwin University President Jeff Stein. Photo courtesy MBU

Mary Baldwin University president resigns; new president named

Mary Baldwin University announced this week that president Jeff Stein has resigned, after only two y[...]

U.Va. board votes to continue gender-affirming care for existing patients under 19

Virginia Democrats reject more Youngkin university board appointees

Three high-ranking Senate Democrats have sent a letter to the governor asking him to suspend future [...]

AstraZeneca plans multibillion-dollar pharma factory in Virginia

AstraZeneca to locate pharma plant in Albemarle

AstraZeneca and Eli Lilly & Co. are planning to locate major manufacturing facilities in Albemarle [...]

People

US housing market shifts toward buyers as prices cool

Kettler names president of development

8/9/2025

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Zephyr AI taps new CEO

5/9/2025

Retired Coast Guard captain is new Christopher Newport biz school dean

Retired Coast Guard captain is new Christopher Newport biz school dean

4/9/2025

Regions

Nostalgia-fueled Colony House reopens

Nostalgia-fueled Colony House reopens

Thanks to $10 million in 21st-century improvements, Roanoke’s Colony House Motor Lodge will on[...]

Chesterfield zoning update moves forward

Chesterfield zoning update moves forward

Chesterfield County advances ZOMod, its zoning overhaul aligning rules with growth goals. Final vote[...]

Peninsula businesses to get capital boost

Peninsula businesses to get capital boost

Small and midsize businesses in distressed and underserved areas of Hampton and Newport News will be[...]

Marion museum aims to ‘Do the Dew’

Marion museum aims to ‘Do the Dew’

The Birthplace of Modern Mountain Dew museum is expected to draw thousands of tourists with a thirst[...]


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