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Home>Virginia Business

Virginia Business

Recent Articles from Virginia Business

Federal Contractors | Technology 2023: DAVID CALHOUN
Virginia 500 August 30, 2023

Federal Contractors | Technology 2023: DAVID CALHOUN

Boeing encountered some issues this spring in producing its 737 Max and 787 Dreamliner planes, due to manufacturing problems, which has contributed to an industrywide shortage of new jets. In a May Bloomberg interview, Calhoun, who heads the world’s fifth largest defense contractor, said that supply chain disruptions to the aerospace industry could continue “for […]

Federal Contractors | Technology 2023: WILLIAM J. “BILL” LYNN III
Virginia 500 August 30, 2023

Federal Contractors | Technology 2023: WILLIAM J. “BILL” LYNN III

Leonardo DRS went public in November 2022, with Lynn ringing the closing bell at the Nasdaq, after the completion of a merger with Israel-based Rada Electronic Industries. Leonardo DRS’ parent company, Italian defense contractor Leonardo SpA, retains 80.5% ownership of the $3 billion company. Lynn joined the defense contractor in 2012, after serving as a […]

Finance | Insurance 2023: G. ROBERT ASTON JR.
Virginia 500 August 30, 2023

Finance | Insurance 2023: G. ROBERT ASTON JR.

When he founded TowneBank in 1999, Aston had a vision of creating a Main Street bank that would be focused exclusively on serving the people and businesses in its hometown. Today, TowneBank has over 45 locations, with assets of more than $16.7 billion as of March 31, and supports more than 200 nonprofit organizations through […]

Law 2023: DOUGLAS S. GRANGER
Virginia 500 August 30, 2023

Law 2023: DOUGLAS S. GRANGER

A nearly 40-year veteran of his firm, the second largest in the state, Granger focuses on business transactions, with a specific focus on mergers and acquisitions, and corporate finance transactions. He has substantial experience working with both public and private U.K.-based companies in the U.S. as well as multinational acquisitions. He joined then-Hunton & Williams […]

Real Estate 2023: MICHAEL HALLMARK
Virginia 500 August 30, 2023

Real Estate 2023: MICHAEL HALLMARK

Hallmark is lead developer of the $2.3 billion GreenCity development underway in Henrico County that plans to include a 17,000-seat arena billed as the nation’s greenest concert venue, as well as hotels, retail, office and residential space. An architect, he moved to Virginia in 2018 from Los Angeles, where he designed the Crypto.com Arena, formerly […]

Real Estate 2023: JEFFREY M. HYDER
Virginia 500 August 30, 2023

Real Estate 2023: JEFFREY M. HYDER

In August, Hyder succeeded Stewart D. Roberson as president and CEO of the architecture firm; Roberson continues serving as the company’s chair. Hyder joined Moseley in 1993 after earning his bachelor’s degree from Virginia Tech’s School of Architecture. Over the past 30 years, Hyder has served as an architect, operations manager and leader of the […]

Real Estate 2023: MAGGIE REED
Virginia 500 August 30, 2023

Real Estate 2023: MAGGIE REED

Reed joined Gilbane in 2003, after graduating from Pennsylvania State University (Penn State), where she was a two-time All-American in women’s rugby. One of the construction company’s youngest vice presidents, she has managed over $1 billion in contracts during her career so far. A registered architect, Reed is responsible for driving sales and supervising more […]

Education 2023: ANNE M. KRESS
Virginia 500 August 30, 2023

Education 2023: ANNE M. KRESS

As president of Virginia’s largest community college — and one of the largest community colleges in the country — Kress oversees faculty, staff and nearly 70,000 internationally diverse students on six campuses near Washington, D.C., including NOVA’s Medical Education Campus in Springfield. In May, Gov. Glenn Youngkin visited the college’s Alexandria campus to announce a [&he[...]

Federal Contractors/Technology: Y. MICHELE KANG
Virginia 500 August 30, 2023

Federal Contractors | Technology 2023: Y. MICHELE KANG

Born in South Korea, Kang moved to the United States as a teen with her family, driven to succeed. She earned her bachelor’s degree from the University of Chicago and her master’s degree from the Yale School of Management. An entrepreneur who started companies and bought and invested in others, she has always been focused on […]

Media 2023: JIM VANDEHEI
Virginia 500 August 30, 2023

Media 2023: JIM VANDEHEI

VandeHei began his path to media entrepreneur as a reporter in the Washington, D.C., journalism trenches, first as a congressional and White House reporter for The Wall Street Journal from 2000 to 2003, and then for three years at The Washington Post, where he also covered Congress and the executive branch. He left the Post […]

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Top Stories

An aerial view of the property Buc-ee's purchased in Stafford County to pave the way for a travel center. Image courtesy S.L. Nusbaum Realty Co.

Buc-ee’s purchases Stafford site for planned travel center

Buc-ee's has purchased more than 35 acres in Stafford County near Interstate 95's Exit 140, paving t[...]

The interior of a data center

Digital Realty to buy Alexandria VC firm founded by Warner

Digital Realty plans to acquire Alexandria venture capital firm Columbia Capital in a deal that coul[...]

Pictured in 2021, George Mason University President Gregory Washington. Photo courtesy George Mason University

GMU president’s contract extended through 2031

Washington's job appeared to be in jeopardy less than a year ago, as the Trump administration launch[...]

Gov. Abigail Spanberger signs a bill increasing Virginia's minimum wage to $15 per hour by 2028.

Virginia budget with data center tax moves to Spanberger’s desk

Virginia legislators passed a compromise biennial budget Monday that includes an electricity consump[...]

Part of CarMax Park as seen from Arthur Ashe Boulevard. Photo by Katherine Schulte

Thalhimer files response to Flying Squirrels owner’s defamation lawsuit 

Thalhimer Realty Partners denies defamation claims by Richmond Flying Squirrels owner Lou DiBella in[...]

Virgnia Sen. Louise Lucas (left) speaks with an attendee of a Chesterfield County data center town hall she hosted June 16, 2026, with Sen. Mamie Locke (right). Photo by Kate Andrews/Virginia Business

Data center discord continues to block Virginia budget agreement

Virginia senators continue push for tax break repeal on data centers, while governor and House back [...]

People

Jacco van Teeffelen. Photo courtesy The Omni Homestead Resort & Spa

Omni Homestead taps new managing director

23/6/2026

CACI International announced that David Young has joined the company as executive vice president and chief operating officer. Photo courtesy CACI

CACI appoints new COO

22/6/2026

Commonwealth President and CEO Ken Strickler. Photo courtesy Commonwealth

Commonwealth real estate firm selects longtime exec as new CEO

12/6/2026

Regions

More than $1 million in renovations are planned at The Inn at Wise. Photo courtesy The Inn at Wise

Inn at Wise gets new lease-purchase on life

MK4 Hotel owner Mike Patel signs a $3 million lease-purchase for the Inn at Wise, planning over $1 m[...]

L to R: Mark Heath, president and CEO of Martinsville-Henry County Economic Development Corp., and Henry County Administrator Dale Wagoner show off the Patriot Centre Industrial Park’s new shell building. Photo by Natalee Waters

Henry County partners with developer on shell building

Henry County partners with Marlboro Development Team to build a $10 million industrial shell buildin[...]

Portsmouth Economic Development Director Brian Donahue stands at the Crawford Bay site the city hopes to redevelop. Photo by Kristen Zeis

Portsmouth advances waterfront redevelopment plans

Portsmouth moves forward with selecting a developer for a mixed-use project on the 6-acre Crawford B[...]

Washington Dulles International Airport expects a record-breaking 30 million passengers in 2026. Photo courtesy Metropolitan Washington Airports Authority

Dulles ramps up airport expansion work

Washington Dulles International Airport plans to exceed 30 million passengers with the opening of Co[...]


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