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Construction workers, bottom right, atop the U.S. Treasury, watch as work continues on a largely demolished part of the East Wing of the White House on Oct. 23, 2025, before construction of a new ballroom. (AP Photo/Jacquelyn Martin)
Oct 29, 2025

Two Virginia companies donate to White House ballroom project

Altria Group and Booz Allen Hamilton donating to President Donald Trump’s roughly $300 million White House ballroom construction project.

Lego Manufacturing Virginia General Manager Jesus Ibañez speaks at the topping out ceremony for Lego's Chesterfield factory on Oct. 1, 2025. Photo courtesy Lego Group
Oct 1, 2025

Lego’s $1B Chesterfield facility nears 35% completion

The Lego Group’s $1 billion facility in Chesterfield County is nearly 35% complete, said Lego Manufacturing Virginia General Manager Jesus Ibañez.

Hampton Roads Business 2025: Executive Insights
Sep 29, 2025

Hampton Roads Business 2025: Executive Insights

Virginia Business asked six Hampton Roads leaders to discuss how their organizations are contributing to the region’s success and meeting challenges such as changing trade policy, regional cooperation and workforce training. PAT DAVIS-HAGENS Market president, Bon Secours Hampton Roads, Suffolk How does Bon Secours assess where to open new facilities, like the hospital in Suffolk […]

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Sep 29, 2025

Hampton Roads projects under construction or recently delivered

Bon Secours Harbour View Medical Center, Suffolk In May, Bon Secours opened its three-story, 100,000-square-foot Harbour View Medical Center in Suffolk. The facility, which adjoins the existing Bon Secours Health Center at Harbour View, came with a price tag of about $85 million. Harbour View Medical Center, which includes 18 private inpatient rooms and four […]

Bob Wills is CEO of the Branch Group. Photo courtesy Branch Group
Sep 26, 2025

Branch Group CEO plans 2026 retirement

The Branch Group, a construction firm headquartered in Roanoke, has promoted Jason Hoyle to COO, with other leadership changes announced.

Bon Secours St. Francis Medical Center. Photo by Virginia Business/Kira Jenkins.
Sep 22, 2025

State rejects St. Francis hospital expansion

The Virginia state government has rejected a request from Bon Secours’ St. Francis Medical Center to add 36 medical surgical beds.

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Sep 2, 2025

Real Estate 2025: HELMIG, TIMOTHY

After joining Monday Properties in 2005, Helmig has led the company to capital investments of more than $16 billion, expanded its multifamily portfolio to 6,500 units, and executed transactions totaling more than 36 million square feet. Monday Properties has expanded its footprint into high-growth markets along the East Coast, from the greater New York City […]

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Sep 2, 2025

Real Estate 2025: LAUSTER, RONALD

President since 2018, Lauster manages a wide array of projects at the firm with $725 million in fiscal 2024 revenue. W.M. Jordan took on the second phase of the Norfolk-based Nauticus renovation and expansion, and Old Dominion University’s $184 million biological sciences building, the university’s largest academic building now under construction, for which the company […]

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Sep 2, 2025

Real Estate 2025: SCHALL, BENJAMIN

Before becoming CEO in 2022, Schall joined AvalonBay as president in 2021. He also sits on the publicly traded real estate investment trust’s board of directors. AvalonBay acquires, develops and manages multifamily communities around the country, primarily focusing on metropolitan areas in New England, the mid-Atlantic, the Pacific Northwest and California. The company reported over [&hellip[...]

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Sep 2, 2025

Real Estate 2025: LEON, MILES

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, Nusbaum 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 […]

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Sep 2, 2025

Real Estate 2025: ROY, KIM

In 2017, Roy became the first nonfamily member to lead the then-80-year-old Hitt company. Interested in building from a young age, she graduated from Virginia Tech with a bachelor’s degree in construction and joined Hitt in 1999 as an assistant project manager. Founded in 1937, Hitt has more than 2,000 employees across 14 U.S. office […]

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Sep 2, 2025

Real Estate 2025: LUGG, RICK

In January, Lugg became Virginia Realtors’ new head, succeeding Terrie Suit, who retired last fall. Martin Johnson, the organization’s chief external affairs officer, served as interim CEO. Virginia Realtors represents nearly 35,000 Realtors and is billed as the state’s largest trade association. Lugg joined the organization in 2009 and was most recently its chief financial [&hel[...]

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