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Home>Virginia Business

Virginia Business

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Recent Articles from Virginia Business

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Real Estate | Architecture | Construction | Development | Engineering  25 September 2, 2025

Real Estate 2025: BALLARD, STEPHEN B.

Working from home, Ballard and his sister, Brenda, founded S.B. Ballard Construction by completing small projects for the Norfolk Redevelopment and Housing Authority and minor renovations for their neighbors. Over the course of the past 40 years, Ballard has served as a project manager, superintendent, estimator, carpenter and laborer. As CEO of S.B. Ballard Construction, […]

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Real Estate | Architecture | Construction | Development | Engineering  25 September 2, 2025

Real Estate 2025: REED, MAGGIE

In 2022, Gilbane Building tapped Reed to lead its Richmond business unit. One of the construction company’s youngest vice presidents, she has managed over $1 billion in contracts so far during her career. In 2024, the Richmond Flying Squirrels selected Gilbane Building, along with Prestige Construction Group, to build the new stadium the Double-A team […]

Virginia 500: The 2025-26 Power List
Real Estate | Architecture | Construction | Development | Engineering  25 September 2, 2025

Real Estate 2025: BREDOW, EUGENE J.

Bredow has worked for NVR since 2004 and, after holding several executive positions in accounting and administration, became president of NVR Mortgage in 2019. In 2022, he was appointed president and CEO of NVR, which operates in two business segments that include homebuilding and mortgage banking. Founded in 1980, the Fortune 500 company is one […]

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Real Estate | Architecture | Construction | Development | Engineering  25 September 2, 2025

Real Estate 2025: VAN METRE JR., ALBERT G. ‘BEAU’

Van Metre’s late father founded his family real estate development company in 1955, partnering with B.B. Wills to build the first Van Metre Homes in Burke, a Fairfax County suburb. Beau Van Metre joined the company in 1963. In 2002, he was appointed vice chairman, and he became chairman in 2008. Today, the company has […]

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Real Estate | Architecture | Construction | Development | Engineering  25 September 2, 2025

Real Estate 2025: BOSTON, BYRON L.

A St. Louis native, Boston joined real estate investment trust Dynex Capital in 2008 as executive vice president and chief investment officer. Four years later, he was promoted to president and given a seat on the board. He took the role of CEO in 2014. In 2023, Dynex board members appointed Boston their chairman, and […]

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Real Estate | Architecture | Construction | Development | Engineering  25 September 2, 2025

Real Estate 2025: CLARK, BOB

A childhood passion for taking things apart, putting them back together and figuring out how they worked led Clark to Virginia Military Institute for a degree in mechanical engineering. Clark started as a mechanical engineer at Newport News Shipbuilding and served as an Air Force officer for five years. He earned an MBA at William […]

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Real Estate | Architecture | Construction | Development | Engineering  25 September 2, 2025

Real Estate 2025: WARFIELD, C. LEE

First joining Thalhimer as an associate broker in 1995, Warfield now leads the real estate firm’s seven offices and 450 associates in Virginia. In 2016, he became Thalhimer’s fourth CEO since its 1913 founding. He has been chairman of Thalhimer’s board since 2017. As of June 1, Eric Robison succeeded Warfield as company president, after […]

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Real Estate | Architecture | Construction | Development | Engineering  25 September 2, 2025

Real Estate 2025: BOWMAN, GARY

Bowman Consulting Group, founded in 1995 as a five-person company, followed Bowman’s 15-year stint at Urban Engineering. The publicly traded engineering services firm has about 2,400 employees with 100 offices nationwide, nine of them in Virginia. In 2024, Bowman, who remains CEO, was succeeded as president by Michael Bruen, the firm’s former chief operating officer. […]

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Real Estate | Architecture | Construction | Development | Engineering  25 September 2, 2025

Real Estate 2025: WEINSTEIN, ALLISON

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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Real Estate | Architecture | Construction | Development | Engineering  25 September 2, 2025

Real Estate 2025: HITT, BRETT

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 […]

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Top Stories

Mount Crawford, VA. - Excited shoppers pour through the door of the first Buc-ee's to open in Virginia on Monday, June 30, 2025, at 6 a.m. (Photo by Norm Shafer)

Virginia Business photographer wins Best in Show

Virginia Business won nine awards in the Virginia Press Association‘s 2025 News & Advertising [...]

On Feb. 28, 2025, Virginia Tech President Tim Sands speaks at the grand opening ceremony for the Innovation Campus' Academic Building One. (Photo by Luke Hayes/Virginia Tech)

Kaine questions Virginia Tech president’s exit

Sen. Tim Kaine questions if Virginia Tech President Tim Sands was pushed out before Gov. Spanberger [...]

Virginia Tech President Tim Sands. Photo by Kristina Rose. Photo courtesy Virginia Tech

Virginia Tech President Tim Sands to step down

Virginia Tech President Tim Sands announced Thursday that he intends to step down in the coming mont[...]

A Lumber Liquidators truck. The flooring retailer is in the final stages of relocating its headquarters and distribution operations from the Richmond region to Tennessee. Photo courtesy Lumber Liquidators

Lumber Liquidators moving HQ, warehousing out of Virginia

Lumber Liquidators is relocating its headquarters and distribution operations from Henrico County to[...]

VCU Health Tappahannock Hospital. Photo courtesy VCU Health.

Medicaid cuts put 10 Virginia hospitals at risk, report says

Medicaid cuts from H.R. 1 put 10 Virginia hospitals at risk of closure or service reduction, impacti[...]

AdobeStock

Martinsville bank sells Justice family’s overdue loans to Omni Hotels entity

Carter Bankshares sold $209.48 million in past-due loans tied to the Justice family to a subsidiary [...]

People

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AeroVironment promotes executive to CFO

13/4/2026

Divaris Real Estate announced that it has appointed James O’Neill to be managing principal broker of its Washington, D.C. regional office. Photo courtesy Divaris Real Estate

Divaris appoints managing principal broker of D.C. regional office

10/4/2026

AeroVironment has appointed Raytheon executive Robert Smith as executive vice president and chief operating officer. Photo courtesy AeroVironment

AeroVironment appoints new COO

10/4/2026

Regions

U.Va. Wise’s SMR control room simulator will aid workforce development, says Chancellor Donna P. Henry. Photo courtesy University of Virginia’s College at Wise

U.Va. Wise installs SMR control room simulator

U.Va. Wise installed a NuScale SMR control room simulator funded by a Virginia Clean Energy grant to[...]

In January, Petersburg became Virginia’s fifth city with a casino. Photo by Jay Paul

Petersburg rolls out temporary Live! Casino

Petersburg launched a temporary Live! Casino featuring 900 slot machines and 30 table games while th[...]

A casino could be in the cards for Winchester. Rendering courtesy Winchester Economic Development Authority

Winchester Council greenlights casino study

Winchester City Council approved a feasibility study for a casino and entertainment complex, with a [...]

Norfolk International Airport officials and regional elected leaders celebrated the opening of the international arrivals facility. Photo by Josh Janney

Norfolk airport undergoes $1B modernization

As passenger numbers at Norfolk International Airport grow past pre-pandemic levels, the airport is [...]


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