Virginia 500: The 2024-25 Power List
Who are Virginia’s most powerful and influential leaders in business, government, politics and education this year? Find out in the fifth annual edition of the Virginia 500: The 2024-25 Power List. Read more about how we assembled the Virginia 500 from our editor. Executives are listed in alphabetical order by industry. Below you will find links […]
Virginia 500 Spotlight August 2024: MAGGIE REED
PERSONAL MOTTO: She believed she could, so she did. WHAT MAKES ME HAPPIEST: I am happiest outdoors doing almost anything or curled up with a book and my dogs. HOBBY/PASSION: I love to read and to learn — be it podcasts, audiobooks, physical books or life experiences. HOW I CHOSE MY CAREER: I went to […]
Caesars Virginia — a work in progress
Lots can change over three years and eight months. Back in September 2020, Danville, its industrial development authority and Nevada-based Caesars Entertainment signed a development agreement naming Caesars the city’s preferred gaming operator and outlining the parties’ obligations. Back then, Caesars budgeted $400 million to build its Caesars Virginia resort casino on the Schoolfield [...]
DataBank to add leased data center to Ashburn campus
DataBank, a Texas provider of data center, cloud, and interconnection services, has signed a lease on a data center currently under construction on Red Rum Drive in Ashburn by GI Partners, the California investment firm announced Thursday. Two other data center buildings are already located on Red Rum Drive. One is owned by DataBank and […]
Bowman announces executive promotions
Michael Bruen has been named Bowman Consulting Group’s president, the Reston-based engineering services firm announced last week. Gary Bowman, who formerly was president, retains his roles as CEO and chairman. Dan Swayze, who served as executive vice president and division manager, will fill Bruen’s former role as chief operating officer and will become an executive […]
Dewberry wins $810M FEMA contract
The Department of Homeland Security has awarded Dewberry, an engineering, architecture and construction firm in Fairfax County, an $810 million contract to deliver logistics planning and construction services to the Federal Emergency Management Agency, according to a System for Award Management (SAM) notice published Friday. The indefinite-delivery, indefinite-quantity contract will support FEMA[...]
Branch Group acquires N.C. contractor
The Branch Group, a Roanoke-based heavy-highway and building contractor, has closed on its acquisition of Burnsville, North Carolina-based Young & McQueen, a 37-year-old contracting firm specializing in heavy civil and highway construction, site work, bridges and structures construction, the company announced Monday. Branch declined to release financial terms of the deal, which closed on May [[...]
HRBT expansion’s first tunnel boring is complete
Mary, the tunnel boring machine that has been paving the way for the expanded Hampton Roads Bridge-Tunnel, hit a milestone Wednesday when she finished the first of twin tunnels that are part of the bridge-tunnel’s expansion. Launched from the HRBT’s South Island a year ago, the $70 million custom-built tunnel boring machine has been busy — […]
Hitt Contracting promotes senior leadership
Falls Church-based general contractor Hitt Contracting announced Thursday four promotions and one retirement in its national business. Jeremy Bardin, Hitt’s co-president since 2017, will retire in December. Replacing Bardin as co-president, Evan Antonides has been promoted to oversee Hitt’s Southeast and Texas operations and its mission-critical work nationwide, and will serve alongsid[...]
A sampling of Virginia’s major road projects
HAMPTON ROADS Hampton Roads Bridge-Tunnel Expansion Project Work continues on Virginia’s largest high- way construction project, the $3.9 billion Hampton Roads Bridge-Tunnel (HRBT) expansion. The project will widen the four-lane segments of the 9.9-mile Interstate 64 corridor between Norfolk and Hampton to six lanes on land and eight over the water with twin two-lane tunnels. […]
Alexandria arena proposal economic impact report released
An economic and fiscal impact analysis released Friday by the Alexandria Economic Development Partnership forecasts that the proposed Washington Capitals and Wizards arena in Alexandria could generate up to $7.96 billion in annual economic output for the state. Additionally, the report says the arena could be completed as soon as 2028 if its construction schedule […]
Lego delays Chesterfield production start to 2027
Lego Group will begin production at its $1 billion Chesterfield manufacturing facility in 2027, at least a year later than originally planned, the Danish toymaker announced Thursday. The company also named Preben Elnef as project lead and Gray | Hourigan, a joint venture between Lexington, Kentucky-based Gray and Richmond-based Hourigan, as general contractor. Billund, Denmark-based […]