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Home>Virginia Business

Virginia Business

Recent Articles from Virginia Business

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Virginia 500 August 29, 2024

Real Estate 2024: W. TAYLOR FRANKLIN

Franklin became CEO in 2023, succeeding his father, Wendell, who is now chairman of the real estate development, management and investment firm. Previously chief operating officer, Franklin oversees approximately 700 employees, as well as a portfolio of 200 properties in 10 states and Washington, D.C. In 2013, Franklin, his father, Tom Johnston and Steve Cooper […]

Real Estate 2023: ALLISON WEINSTEIN
Virginia 500 August 29, 2024

Real Estate 2024: ALLISON WEINSTEIN

Weinstein leads a multifamily real estate development and management company founded by her father, Marcus Weinstein, in 1952. She joined the company in 1994 with her husband, Ivan Jecklin, who serves as co-president. Weinstein Properties began as a developer of single-family homes in Richmond in the 1950s, expanding into apartments and commercial real estate in […]

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Virginia 500 August 29, 2024

Living Legends 2024: DAVID BALDACCI

In his March-released thriller, “A Calamity of Souls,” Baldacci tackles justice, racism and the power of partnerships. Those concepts don’t just permeate the global bestselling author’s writing; they also reflect his values. A Richmond native, Baldacci frequently creates tales centered around justice, often incorporating characters from marginalized groups that must navigate challenging le[...]

Finance | Insurance 2023: JAMES SCHENCK 
Virginia 500 August 29, 2024

Banking | Finance 2024: JAMES SCHENCK

Over the course of his military career, Schenck flew Black Hawk helicopters in Korea and trained others as a night vision goggle instructor pilot. He also served on the Army staff in the Office of the Deputy Chief of Staff for Operations and Plans, a post with responsibilities for overseeing the flying hour program, which […]

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Virginia 500 August 29, 2024

Hospitality | Tourism 2024: JANE KAMENSKY

Named president of the Thomas Jefferson Foundation in October 2023, Kamensky started work in January. The nonprofit owns and operates Monticello, the mountaintop plantation of the third U.S. president. Kamensky previously served as the Jonathan Trumbull Professor of American History at Harvard University and as the Carl and Lily Pforzheimer Foundation Director of the Arthur […]

CANDICE LING
Virginia 500 August 29, 2024

Federal Contractors | Technology 2024: CANDICE LING

Since taking the lead of Microsoft’s federal arm in July 2023, Ling has focused on forging partnerships and advancing artificial intelligence, cloud computing and emerging technologies for federal customers. This year, Ling announced that Microsoft’s Azure OpenAI generative AI tool would be available to federal customers through the company’s Azure Government Cloud environment. Microsoft com[...]

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Virginia 500 August 29, 2024

Federal Contractors | Technology 2024: TOM WALKER

DroneUp in March unveiled its new autonomous drone ecosystem, presenting a leap forward in last-mile delivery logistics. This system combines automated ground infrastructure where workers can deposit packages with autonomous pickup and delivery by drones. The drones are capable of operating at speeds up to 60 miles per hour over a 30-mile range and can […]

The Power 50
Virginia 500 August 29, 2024

Federal Contractors | Technology 2024: TONI TOWNES-WHITLEY

In October 2023, Townes-Whitley took the reins of federal contractor SAIC, becoming one of two Black female Fortune 500 CEOs and leading a company with fiscal 2023 revenue of $7.7 billion. She told USA Today that she wanted people to move beyond focusing on a CEO’s race and gender, but added, “If there is a […]

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Virginia 500 August 29, 2024

Government | Politics 2024: ABIGAIL SPANBERGER

The Democratic Spanberger first became a household name in 2018, when she narrowly defeated incumbent Dave Brat to flip control of a longtime Republican stronghold in Central Virginia. Now, with three terms in Congress under her belt, she’s set her sights on occupying the Executive Mansion. She’s currently the frontrunner for the Democratic gubernatorial nomination […]

Virginia 500 August 29, 2024

2024 Virginia 500: Insurance

TOM BROWN CHAIRMAN, MARSH McLENNAN AGENCY MID-ATLANTIC, RICHMOND     THOMAS S. GAYNER CEO, MARKEL GROUP, GLEN ALLEN     FRANK LUCIA PRESIDENT AND CEO, CORVESTA AND DELTA DENTAL OF VIRGINIA, ROANOKE     THOMAS J. McINERNEY PRESIDENT AND CEO, GENWORTH FINANCIAL, HENRICO COUNTY     ALBERTO SCHIAVON CEO, ELEPHANT INSURANCE SERVICES, GLEN ALLEN   […]

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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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