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development

Feb 18, 2021

Fairfax County’s Richmond Highway area ripe for development during next decade

Between the development of Amazon.com Inc.’s $2.5 billion East Coast HQ2 headquarters in Arlington and Virginia Tech’s $1 billion Innovation Campus in Alexandria, Northern Virginia is ripe for commercial and residential development during the next decade. According to a market assessment study presented to Fairfax County‘s Economic Advisory Commission, the Richmond Highway corrid[...]

Rendering of the proposed VCU Health Systems complex in Richmond's Navy Hill area
Feb 8, 2021

Richmond City Council to consider $325M VCU Health tower

Richmond City Council will consider the $325 million sale and redevelopment of the city’s Public Safety Building into a VCU Health medical office tower. The project is proposed by Capital City Partners LLC, a joint venture from two developers who were involved in the failed Navy Hill project. Mayor Levar Stoney announced Monday that his […]

A rendering of The Helix. Photo courtesy Amazon
Feb 2, 2021

Amazon reveals Arlington HQ2’s ‘Helix’ centerpiece

Despite lingering questions around when or how remote workers may return to office life following the pandemic, Amazon.com Inc. on Tuesday released fresh plans for the second phase of its $2.5 billion East Coast HQ2 headquarters in Arlington‘s National Landing area, where it is gearing up to employ 25,000 people during the next decade. “When […]

The tentatively named Randolph Street development is expected to be built where Roanoke’s bus station now stands.
Dec 29, 2020

Roanoke clears path for more downtown development

Roanoke developer Lucas Thornton hopes to break ground this summer on a multimillion-dollar renovation project that will transform what is now Campbell Court Transportation Center, the city’s rundown bus station, into an office tower and another building with apartments and retail space. Thornton’s $35 million development, tentatively named Randolph Street, inched closer to becoming re[...]

Map of ICI Group Cos. and Boosalis Properties' North Woodbridge Small Area Plan. Photo courtesy Boosalis Properties
Dec 16, 2020

$380M mixed-use development coming to North Woodbridge

A new $380 million mixed-use development is coming to North Woodbridge in Prince William County, the IDI Group Cos. and Boosalis Properties announced Wednesday. The North Woodbridge Town Center project will include 160,000 square feet of retail space, restaurants, bars, grocery stores as well as 900 apartment units. It will be built during the next […]

GreenCity rendering courtesy Henrico County
Dec 1, 2020

Henrico County announces $2.3B GreenCity arena project

Henrico County officials announced Tuesday plans for a $2.3 billion arena-anchored development, born out of the failed Navy Hill project proposal for downtown Richmond. But with private financing and no projected impact on county taxpayers, the GreenCity development may have a smoother path.  Proposed on the 204-acre former Best Products property owned by the county, […]

Potomac River Generating Station. Photo courtesy Hilco Redevelopment Partners
Nov 16, 2020

Shuttered Alexandria power plant making way for mixed-use development

A former coal-fired power plant in Alexandria will become home to a mixed-use development along the Potomac River.  Chicago-based Hilco Redevelopment Partners (HRP), a Hilco Global business unit, announced Monday it purchased the 71-year-old Potomac River Generating Station site, which encompasses approximately 20 acres. HRP acquired the property through an agreement negotiated with Potomac Elect[...]

Oct 26, 2020

N.C. furniture manufacturer to create 150 jobs in Pittsylvania

North Carolina-based Ison Furniture Manufacturing Inc. will invest $3.5 million to acquire and renovate the recently closed A.C. Furniture Co. Inc. facility in Pittsylvania County, creating 150 jobs, Gov. Ralph Northam announced Monday.  Ison furniture will also purchase new assembly and production equipment for its upholstered furniture products. Its supplier, Dogwood Global LLC, will occupy [&h[...]

From left: VEDP Managing Director of Project Operations, Talent Solutions Brian Dail; Morgan Olson General Manager Steven Parker; DCC President Jacqueline Gill Powell,; and DCC Vice President of Workforce Services Brian Jackson. Photo courtesy DCC.
Oct 23, 2020

Danville Community College announces Morgan Olson collaboration

Danville Community College (DCC) on Thursday announced a collaboration agreement with North America’s largest walk-in van manufacturer, Morgan Olson LLC, for training and talent development. Working with the Virginia Talent Accelerator Program and the Virginia Economic Development Partnership (VEDP), DCC and Morgan Olson developed a comprehensive training program to bolster a talent pipeline[...]

Sep 3, 2020

U.S. nonresidential construction spending fell in July

National nonresidential construction spending fell again in July by 1.2%, according to an Associated Builders and Contractors analysis of data published Tuesday by the U.S. Census Bureau. And ABC Chief Economist Anirban Basu says next year is shaping up to be an especially harsh one for contractors. Spending totaled $809.1 billion for the month of […]

Aug 29, 2020

Real Estate

J. SCOTT ADAMS PRESIDENT, VIRGINIA, COLLIERS INTERNATIONAL LLC,  NORFOLK A nearly 30-year veteran in the real estate industry, Adams, who joined Colliers in January 2019, oversees the company’s Central and Southeast Virginia teams and, starting this fall, the Raleigh market. Last year, Colliers Virginia, which employs more than 350 people, reported $54.5 million in revenue. […]

Earl T. Granger III
Jul 2, 2020

Colonial Williamsburg names chief development officer

William & Mary’s associate vice president for development has been named chief development officer at the Colonial Williamsburg Foundation. Earl T. Granger III will start his new position Aug. 2, the foundation announced Thursday. His hiring comes after a national search. A 1992 William & Mary graduate, Granger has served in various roles over the […]

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