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Economic Development 2023: STEPHANIE LANDRUM
Economic growth in Northern Virginia continues surging with the ongoing construction of the $1 billion Virginia Tech Innovation Campus in Potomac Yard. In February, development reached a milestone when officials raised a steel beam to the 11th floor of the campus’s anchor building. The 300,000-square-foot structure is expected to open by the fall 2024 semester […]
Finance | Insurance 2023: NIGEL MORRIS
Morris plans to be “extremely disciplined” in coming months after a tough year for venture capital, he told TechCrunch in May. But his fintech investment company “remains intensely focused on building lasting, durable businesses.” Morris co-founded Capital One Financial in the early 1990s with Richard Fairbank, who remains the credit card giant’s chairman and CEO. […]
Education 2023: LANCE R. COLLINS
Collins came to Virginia from Cornell University in 2020 to build Virginia Tech‘s Innovation Campus in Alexandria, a $1 billion development that will educate computer science and engineering students within a stone’s throw of Amazon’s $2.5 billion-plus HQ2 East Coast headquarters in Arlington. Slated to open in 2024, the Innovation Campus was a key part […]
Transportation 2023: JOHN CUOMO
In 2019, Cuomo took the helm of VSE, which provides aftermarket distribution and maintenance, repair and overhaul services for government and commercial customers in land, sea and air transportation. This year, VSE made some significant strategic moves, including acquiring Desser Aerospace’s distribution and maintenance, repair and operations sectors in July for $124 million. It also [&helli[...]
Real Estate 2023: BOB MILKOVICH
Milkovich joined Rand, a privately owned, nationwide commercial general contractor specializing in retail and restaurant construction, tenant interiors and building renovations, in January 2019 as its CEO. He succeeded Linda Rabbitt, who founded the company more than three decades ago. Before that, Milkovich served as CEO of First Potomac Realty Trust, where he led the […]
Finance | Insurance 2023: TRISTAN M. CAUDRON
While psychology and finance might seem like an odd mix, Caudron believes his background in behavioral finance helps him to better advise his clients by understanding the factors influencing investors. He began his career in 1995 at CMB, now a Wells Fargo Advisors firm. An accredited asset management specialist and a chartered retirement planning counselor, […]
Serving a repurpose
In Alexandria‘s Old Town North, a collection of three brick office buildings built in the 1980s is being transformed into Tide Lock, a community of 234 luxury apartments and condominiums featuring Potomac River views and space for retail and a nonprofit music school. And last summer in the city’s Alexandria West neighborhood, tenants began moving […]
275 Va. companies make 2023 Inc. 5000 list
This year, 275 Virginia companies made the Inc. 5000 list of the nation’s 5,000 fastest-growing privately held companies, which Inc. magazine released Tuesday. Ranking at No. 34 overall, Goldschmitt and Associates LLC was the highest-ranking Virginia companies on the list. Founded in 1998, the Leesburg-based information technology company specializes in computer programming, systems design a[...]
Five Guys moving HQ to Alexandria
Five Guys Enterprises LLC is moving its corporate headquarters from southern Fairfax County to Alexandria this month, a spokesperson confirmed Friday. The new main office for the family-owned hamburger chain will be in leased space at 1940 Duke St., starting July 17. Friday was the company’s last day at its Lorton headquarters at 10718 Richmond […]
NoVa housing forecast: sellers’ market to continue
Northern Virginia’s housing market will likely remain a sellers’ market for the rest of 2023, according to a Northern Virginia Association of Realtors market forecast released June 6. NVAR and George Mason University’s Center for Regional Analysis predict a continuing housing inventory shortage and pent-up demand from buyers amid positive economic conditions but mounting risks. [[...]
Alexandria’s QED Investors raises $925M for two new funds
Alexandria-based fintech venture capital firm QED Investors raised $925 million for two new funds, QED announced Tuesday. The funding comes from two capital commitments: a $650 million oversubscribed early stage fund and a $275 million early growth stage fund, according to a news release from QED, a key investor in San Francisco-based personal finance company […]
Potomac Yard-VT Metro station opens in Alexandria
In its heyday during World War II, Potomac Yard handled freight for six different railroads and employed 1,500 workers to keep trains moving, until it succumbed to economic pressures. On Friday, after decades of planning, the transformed former rail switching yard opened as Metro’s 98th station, serving the Yellow and Blue lines between the Braddock […]
