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Home>Virginia Business

Virginia Business

Recent Articles from Virginia Business

Virginia Attorney General Jason Miyares
Virginia 500 August 29, 2024

Government | Politics 2024: JASON MIYARES

Miyares, the son of a Cuban refugee, became the first Hispanic elected to statewide office in Virginia after voters backed his attorney general bid in 2021. Along with Lt. Gov. Winsome Earle-Sears, he is widely expected to seek the Republican nomination for governor in 2025. As attorney general, Miyares has touted successes in reducing crime […]

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Virginia 500 August 29, 2024

Government | Politics 2024: DON SCOTT JR.

After bumping longtime Del. Eileen Filler-Corn from the top House role in a 2022 shakeup, Scott became Virginia’s first Black speaker in January. It wasn’t the only unexpected turn in his history: In 1994, as he was finishing up his law degree, Scott was arrested on federal drug charges. He would serve more than seven […]

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Virginia 500 August 29, 2024

Health Care 2024: STEVE ARNER

In July, just a little over a year after he was promoted to president of Carilion Clinic, Arner was tapped to succeed Nancy Howell Agee as the Roanoke-based health system’s CEO, effective Oct. 1. Agee, who is retiring and will take the title of CEO emeritus, had led the $2.4 billion not-for-profit health system since […]

Law 2023: JOHN ‘JACK’ LAVOIE
Virginia 500 August 29, 2024

Law 2024: JOHN ‘JACK’ LAVOIE

Joining Cooley in 2008, Lavoie leads the firm’s real estate practice group. His practice centers on real estate transactions, including buying, selling, developing and leasing office, industrial and retail properties. Lavoie represents landlords, tenants, lenders and borrowers in the leasing, financing and repositioning of commercial property in the Washington, D.C, area and the mid-Atlantic reg[...]

Law 2023: A. BENJAMIN SPENCER
Virginia 500 August 29, 2024

Law 2024: A. BENJAMIN SPENCER

James Randolph Spencer was the first Black federal judge in Virginia and, later, the first Black chief judge serving on the Eastern District of Virginia bench. His wife, Margaret P. Spencer, was a 13th Judicial Circuit judge for 16 years, as well as a law professor at William & Mary.  Their son Benjamin Spencer is […]

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Virginia 500 August 29, 2024

Real Estate 2024: BYRON L. BOSTON

Dynex Capital, a real estate investment trust, reported about $6.37 billion in total assets at the end of last year, compared with about $3.61 billion in 2022, with a strong fourth quarter capping a volatile year for REITs because of inflation and high interest rates. A St. Louis native, Boston joined Dynex in 2008 as […]

Real Estate 2023: MILES LEON
Virginia 500 August 29, 2024

Real Estate 2024: MILES LEON

As leader of one of the largest real estate development companies in the Southeastern United States, Leon is responsible for all company operations and new business development. Founded in 1906, the firm has a property management portfolio exceeding 30,000 multifamily units. Among other deals, the company is handling Texas convenience store chain Buc-ee’s expansion into the commonwealth, [&hel[...]

Retail | Wholesale | Food | Beverage 2023: GEOFFREY POHANKA
Virginia 500 August 29, 2024

Retail 2024: GEOFFREY POHANKA

Pohanka’s family has been selling cars since Frank Pohanka opened a Washington, D.C., dealership in 1919. Today, the family’s business, headed by Frank’s grandson Geoffrey, has 20 locations in Virginia, Maryland and Texas, and is the third largest Virginia-based auto dealership. It had revenue of $1.8 billion and more than 1,400 employees in 2023. Geoffrey’s […]

Transportation 2023: RANDY CLARKE
Virginia 500 August 29, 2024

Transportation 2024: RANDY CLARKE

Clarke took leadership of WMATA in 2022 and since has been working to increase ridership and add fleets to the Metrorail and Metrobus. One of the transportation system’s biggest challenges has been its budget, with ridership way down from the pandemic and construction costs up during recent inflation. However, Metro avoided a $750 million shortfall […]

The Power 50
News August 29, 2024

Living Legends 2024: JIM McGLOTHLIN

McGlothlin’s story begins in Grundy, where he practiced law as a partner at the firm of Street, Street & McGlothlin until 1970. That year, he became founding partner of United Coal Co., which became a billion-dollar business by the time it was sold in 2009 to a Ukrainian billionaire’s company. The William & Mary alumnus […]

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Top Stories

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[...]

Gov. Abigail Spanberger touts the state's support for Jefferson Lab during a June 12 groundbreaking event for the Jefferson Lab Data Center. Photo by Josh Janney

Spanberger backs House budget, but data center tax fight divides Democrats

Gov. Abigail Spanberger said she supports the Virginia House of Delegates proposal of an "expansive"[...]

John G. Rocovich Jr. talks with cadets during the Distinguished Alumni of the Corps award ceremony in 2025. Photo courtesy Virginia Tech

Rocovich sues Spanberger, seeks reinstatement on Virginia Tech board

Less than two weeks after being removed from the Virginia Tech's Board of Visitors, John Rocovich su[...]

Private schools’ graduation numbers remain stable

Trey Falwell sues Liberty for $1.75M

Jerry “Trey” Falwell III is suing Liberty University for $1.75 million, alleging the school brea[...]

People

Commonwealth President and CEO Ken Strickler. Photo courtesy Commonwealth

Commonwealth real estate firm selects longtime exec as new CEO

12/6/2026

Government Contractors | Technology 2025: GRAY, DeETTE

CACI International U.S. operations president to retire

9/6/2026

Hampden-Sydney College President Larry Stimpert. Photo courtesy Hampden-Sydney College

Hampden-Sydney president to retire next year

8/6/2026

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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