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Real Estate 2023: BRENDAN BECHTEL
Serving as CEO since 2016 and chairman since 2017, Bechtel is the fifth generation to lead his family-owned global engineering, construction and project management company. Ranked the nation’s second largest construction company by Engineering News-Record, Bechtel Corp. has completed more than 25,000 projects in 160 countries since its 1898 founding in San Francisco. The firm’s [&helli[...]
Real Estate 2023: MICHAEL A. CULPEPPER
Culpepper serves as Venture Realty Group’s in-house attorney and managing partner, coordinating deal formation, land-use entitlement, and predevelopment services. He previously was an associate with law firm Williams Mullen’s real estate and land use team and was a principal with Fee Simple Legal, focusing on real estate transactions. Culpepper earned his bachelor’s degree from W[...]
Real Estate 2023: CARL L. HARDEE
Lawson’s president and CEO since 2016, Hardee has been with the company for more than half of its 51 years. He oversees a 190-employee real estate development, construction and management company. In June, Lawson held a grand opening for Market Heights, a 164-unit apartment community in Norfolk, and the company is near completion of 80 […]
Real Estate 2023: TIMOTHY A. FAULKNER
Named CEO of Breeden in January 2022, Faulkner oversees a real estate development and property management company founded more than 60 years ago by Chairman Ramon W. Breeden Jr. Faulkner previously served as chief operating officer and president of property management for Breeden, which has about 425 employees in Virginia. This year, the company’s Breeden […]
Real Estate 2023: RONALD J. LAUSTER JR.
Lauster joined W.M. Jordan in 1997 and became its president in 2018. He has managed notable projects such as the Ferguson Center for the Arts at Christopher Newport University and the restoration of the historic Cavalier Hotel in Virginia Beach. An Old Dominion University alumnus, Lauster also graduated Harvard Business School’s Advanced Management Program. In […]
Real Estate 2023: BENJAMIN SCHALL
Before becoming CEO in 2022, Schall was AvalonBay’s president, joining the company just the year before. Previously, Schall was CEO of Seritage Growth Properties and chief operating officer of Rouse Properties. At Rouse, he oversaw the redevelopment and operations of a $2.5 billion portfolio of 35 regional malls across the country, totaling 25 million square […]
UPDATED: Richmond picks Diamond District development team
Updated Sept. 15 The city of Richmond announced Monday it has selected a joint venture including Richmond-based Thalhimer Realty Partners to build a new baseball stadium for the Richmond Flying Squirrels, as well as a mixed-use development surrounding the stadium, revitalizing the area into a new neighborhood to be known as the Diamond District. The […]
Top Five: May 2022
The top trending major business stories on VirginiaBusiness.com from March 15 to April 14 were led by news of the death of Fairfax County developer John “Til” Hazel Jr. 1 | Fairfax County developer John ‘Til’ Hazel Jr. dies at age 91 Hazel was a key figure in the transformation of Tysons from a rural […]
Richmond pares down Diamond District developer pool
Story updated, March 24 at 11:45 a.m. The city of Richmond announced Wednesday that six competing development teams have been chosen out of 15 applicants to continue in the competition to redevelop the Diamond District area near the Richmond Flying Squirrels’ stadium. The city requested applications late last year for the 67.57-acre site, which would […]
2021 Virginia Business Person of the Year: Bruce Thompson
Standing on a hill overlooking the Atlantic Ocean, the Cavalier Hotel is a callback to a time when Virginia Beach was a sleepy little resort town inside Princess Anne County. Opened in 1927 as the largest brick building in the state, the Cavalier was a product of the Jazz Age. Over the years, the Y-shaped […]
Pamunkey Tribe names W.M. Jordan, Suffolk as Norfolk casino builders
Newport News-based construction company W.M. Jordan Co. will team up with a national firm, Suffolk, to build Norfolk‘s $500 million HeadWaters Resort & Casino project on the Elizabeth River, according to a Friday announcement from the Pamunkey Indian Tribe, the casino’s operator. Suffolk, which earns $4 billion in annual revenue and employs 2,500 people in […]
Real Estate
J. SCOTT ADAMS REGIONAL PRESIDENT, VIRGINIA AND RALEIGH, NORTH CAROLINA, COLLIERS INTERNATIONAL GROUP INC., NORFOLK Asked to name one thing he’d change about Virginia, Adams says he’d like to see more collaboration between the commonwealth and North Carolina. Chances are that has at least a little to do with the fact that in fall 2020, […]
