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Home>Virginia Business

Virginia Business

Recent Articles from Virginia Business

For the Record August 29, 2024

For the Record September 2024

CENTRAL  The City of Richmond is progressing on the new Diamond District baseball stadium for the Richmond Flying Squirrels. The city announced July 25 it had sold about $130 million worth of bonds to fund construction of the stadium, a pivotal step toward building the minor league ballpark that will anchor the new district. The […]

Real Estate 2023: BRETT HITT
Virginia 500 August 29, 2024

Real Estate 2024: BRETT HITT

Hitt Contracting, one of Virginia’s biggest general contracting firms, was started by Hitt’s grandparents in 1930. In 1984, Hitt joined his family’s company as an assistant project manager. He rose through the ranks to become co-president in 2005, and was named co-chairman of the newly formed board in 2017, ushering in a new generation of […]

Real Estate: KIM ROY
Virginia 500 August 29, 2024

Real Estate 2024: ROBB ‘R.J.’ JOHNSON

With more than 30 years in the commercial real estate industry, Johnson started working for The Staubach Co. in 1995, ultimately serving as president for the mid-Atlantic region until the firm merged with JLL in 2008.  A Fortune Global 500 commercial real estate and investment management company, JLL helps clients buy, build, occupy, manage and […]

Real Estate 2023: TERRIE L. SUIT
Virginia 500 August 29, 2024

Real Estate 2024: TERRIE L. SUIT

Suit has led Virginia’s largest trade association, Virginia Realtors, since 2013. Her career in real estate began in 1985 and later transitioned into a 20-year career in mortgage lending. In 1996, Suit received a gubernatorial appointment to the Virginia Real Estate Board, and from 2000 to 2008 she served in the Virginia House of Delegates, […]

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Virginia 500 August 29, 2024

Transportation 2024: MARK A. PERRYMAN

Since joining the Norfolk Airport Authority as its leader in May 2022, Perryman has seen growth in passenger numbers and the Norfolk International Airport, in size and scope. In January, Perryman said he expects several major projects to be underway in the next few years, including a moving sidewalk to accommodate passengers and a new […]

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Virginia 500 August 29, 2024

Agriculture 2024: DAVID GUM

National Fruit Product Co., which sells apple products east of the Mississippi mostly under the White House Foods label, has been family owned since 1908. Gum started working at the company in 1981 at age 20 in an entry-level accounting position. He purchased it from its founding family in 2006. The Gum family also owns […]

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Virginia 500 August 29, 2024

Energy 2024: DIANE LEOPOLD

Since joining Dominion as a power station engineer in 1995, Leopold has risen through the ranks to become one of the utility’s C-suite leaders. In her role, Leopold is responsible for the company’s operating segments, functions and contracted assets, including the Fortune 500 utility’s branches in Virginia and South Carolina. Leopold previously led Dominion’s gas […]

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Virginia 500 August 29, 2024

Law 2024: CAMERON ROUNTREE

Promoted in 2022 to become head of the Virginia State Bar, Rountree leads a team of more than 90 employees who are responsible for the licensing of the state’s 50,000 lawyers. The bar is the administrative agency for the Supreme Court of Virginia, and it disciplines attorneys who violate the court’s rules of professional conduct […]

The Power 50
Virginia 500 August 29, 2024

Professional Services 2024: HORACIO D. ROZANSKI

Born in Argentina, Rozanski joined Fortune 500 global management, technology, engineering and consulting firm Booz Allen in 1991 as an intern in Buenos Aires. In 2015, Rozanski was named president and CEO after holding other leadership positions, including chief operating officer, chief strategy and talent officer, and chief personnel officer. He became chairman this year. […]

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Virginia 500 August 29, 2024

Education 2024: REAR ADM. WILLIAM G. KELLY (U.S. COAST GUARD, RET.)

After nearly four decades of service in the U.S. Coast Guard, Kelly became the sixth president of CNU in July 2023. Founded in 1960 as Christopher Newport College, a two-year branch of William & Mary, CNU is now a four-year public university that enrolls some 5,000 students in the liberal arts and sciences. Kelly previously […]

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Top Stories

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 [...]

Sen. Lashrecse Aird speaks during a June 16, 2026, news conference announcing Virginia's cannabis recreational sale framework, along with Gov. Abigail Spanberger and Del. Paul Krizek. Photo by Kate Andrews/Virginia Business

Spanberger, legislators come to marijuana retail compromise

Licensed recreational marijuana sales would start July 1, 2027, under compromise language entered in[...]

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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