Sign In
Free Newsletter
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 […]
Everything is not awesome
When Lego Group representatives toured Chesterfield County’s Meadowville Technology Park on a winter day early this year, they didn’t speak. As with most industrial site visits, the county economic development authority staffers conducting the tour didn’t yet know which company they were working with, although they’d answered a site consultant’s request for proposal. [...]
U.S. Navy to open training center in Danville
The Navy on Wednesday launched an additive manufacturing “center of excellence” to train students in defense manufacturing at Danville‘s Institute for Advanced Learning and Research, as well as announcing a larger training facility to be built nearby. The center of excellence is part of the 16-week Accelerated Training in Defense Manufacturing (ATDM) program that started [&hellip[...]
Danville Quality Inn sells for nearly $5M
A Quality Inn hotel in Danville with 58 rooms has changed hands. Anil Patel purchased the hotel located at 2175 Riverside Drive in Danville from Riverside Motel Corp. for $4.275 million, according to Colliers. The new owner expects to continue operating the hotel as a Quality Inn under a license from Choice Hotels. Prashant Merchant […]
Agriculture conference headed for Danville
A new conference for the controlled environment agriculture (CEA) industry will debut Oct. 25 at the Institute for Advanced Learning and Research (IALR) in Danville. One goal behind the event, dubbed CEA Summit East, is “highlighting some of the CEA growth that’s happening in Virginia — and particularly in Southern Virginia,” according to organizer Kaylee […]
IALR names Boeing exec to EVP role
The Institute for Advancing Learning and Research in Danville has named Todd M. Yeatts as executive vice president of manufacturing advancement, effective. Oct. 3. Yeatts joins IALR from The Boeing Co., where he was senior manager for government operations. At the IALR, he will oversee the manufacturing advancement training program, and operation and strategic direction […]
Va. officials woo chip manufacturers
U.S. Sen. Mark Warner and state and local economic development officials are vying to attract semiconductor chip manufacturing facilities to four Virginia industrial sites as the commonwealth gears up to fight for a piece of the financial pie from sweeping federal legislation that promises to ramp up chip production in the U.S. Representatives of Chesterfield, […]
Caesars ups Danville casino investment to $650M
Caesars Entertainment Inc. has once again upped its investment in the forthcoming Caesars Virginia casino and resort in Danville, this time from $500 million to $650 million, while announcing Wednesday that the Eastern Band of Cherokee Indians is now a joint venture partner in the casino project. Plans for the casino include a 500-room hotel, […]
