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Virginia hold ’em
The slot machines are already ringing out in Bristol and Portsmouth, where Virginia’s first commercial casinos opened during the past year. The state’s first permanent casino, Rivers Casino Portsmouth, opened its doors on Jan. 23. Operated by Chicago-based Rush Street Gaming, the resort has 1,148 slot machines, 57 table games and 24 poker tables, as […]
Moving in
Southern Virginia is laying out the welcome mat for a growing number of companies seeking to locate in areas with lower taxes, better proximity to supply chains, a skilled workforce and improved quality of life. During 2022, a variety of businesses, ranging from an automotive education and entertainment firm to a moving and transit company, […]
Danville pharma startup announces $6.1M expansion
Danville-based pharmaceutical engineering and manufacturing company Engineered BioPharmaceuticals Inc. will invest $6.1 million to expand from a business incubator into its first standalone manufacturing space, Gov. Glenn Youngkin announced Wednesday. The move is expected to create 34 jobs. The company will expand from its current lab space at Dan River Business Development Center — a […]
Danville lacks housing options for workforce
Danville is having a “Field of Dreams” dilemma. The famous movie quote, “If you build it, they will come,” rings all too true in the former mill town, which is attracting companies to its industrial parks and old Dan River Mills properties, along with a $650 million casino. It’s good news on paper, but where […]
Virginia 500 Spotlight: Telly Tucker
BEST ADVICE FOR OTHERS: Take smart risks. You will learn much more from your failures than you will from your successes. PERSON I ADMIRE: Both of my parents, who were public educators in the Lynchburg City Schools system for their entire careers WHAT MAKES ME PASSIONATE ABOUT MY WORK: Seeing the impact and benefit of […]
Democrats call out Youngkin on Ford plant decision
Democratic state delegates excoriated Virginia Gov. Glenn Youngkin on Tuesday for taking Virginia out of the running for a $3.5 billion Ford Motor Co. battery manufacturing plant that would have created at least 2,500 jobs in Southern Virginia. The governor said last week that although Virginia was a finalist for the economic development project, he […]
White Mill project renamed ‘Dan River Falls’
The city of Danville and The Alexander Co. held a groundbreaking Thursday for the redevelopment of the long-vacant White Mill in Danville’s River District. At the ceremony held Thursday in Danville, officials revealed that the White Mill will now be called “Dan River Falls,” honoring Dan River Fabrics, the textile company White Mill was part […]
Caesars ups the ante on Danville casino
Since its approval by Danville voters in November 2020, plans for a casino in the city have shifted. In August 2022, Caesars Entertainment Inc. announced a partnership with the Eastern Band of Cherokee Indians (EBCI). Together, they upped the size and scope of Caesars Virginia, increasing their investment from $400 million to $650 million. They’re also […]
State industrial fund awards $24.7M to projects
The governor announced more than $24.7 million in Industrial Revitalization Fund grants going to construction projects across Virginia on Tuesday, including Danville‘s White Mill, South Boston‘s John Randolph Hotel and other historic properties. “The transformation of older, vacant or blighted structures into productive, usable spaces is crucial to catalyzing economic growth to creat[...]
Center aims to grow manufacturing
In 2015, the Institute for Advanced Learning and Research in Danville was attracting manufacturers at a faster pace than it could handle. The IALR was providing work-ready incubation space where companies could launch their businesses while waiting to build, upgrade or occupy facilities while also helping build a pipeline of workers with the advanced manufacturing […]
Caesars gives $504K to Averett University
Caesars Virginia, which is building a $650 million casino in Danville, announced a gift of $504,000 to Averett University on Wednesday. The gift will be used to develop a hospitality and tourism academic program. Averett’s new concentration and minor in hospitality management and tourism will be part of the university’s business management program and is […]
White Mill project closer to getting off the ground
Danville‘s highly anticipated $100 million White Mill redevelopment is starting to see positive movement. In August, Danville City Council unanimously approved a resolution to apply for a $5 million state grant from the Department of Housing and Community Development‘s Industrial Revitalization Fund, a move to help with gap financing of the renovation. Danville has already […]
