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AstraZeneca plans multibillion-dollar pharma factory in Virginia
AstraZeneca plans to construct a multi-billion dollar manufacturing center focused on chronic diseases in Virginia within the next five years.
Richmond chooses next economic development director
The Richmond government on Friday announced that it has appointed Angie Rodgers to be its new director of economic development.
Richmond EDA seeks developer for Intermediate Terminal Building
The Richmond economic development authority issued a request for proposals for the redevelopment of the Intermediate Terminal Building.
South Hill, Mecklenburg team on new industrial park
South Hill and Mecklenburg County officials want to ensure the region’s economic future doesn’t hinge entirely on data centers. This spring, county supervisors and town council members agreed to form the Route 58 Activation Corridor Regional Industrial Facility Authority. Regional authorities allow local governments to share costs and revenue from industrial commerce sites. Mecklenburg[...]
Virginia Beach anticipates bright tourism summer
Three Dog Night ushered in a new era for The Dome in Virginia Beach in May, belting hits like “Joy to the World” to excited fans and driving the summer entertainment season on the Oceanfront. Next on tap is the launch of the Wavegarden surf lagoon, which is expected to open this summer, according to […]
Southwest fish farm fights the currents
Pure Salmon won’t be purely salmon, but the proposed aquaculture farm in Southwest Virginia still plans to raise fish by late 2028 or early 2029, company officials told local leaders. Karim Ghannam, co-founder and chief investment officer of Singapore-based private equity firm 8F Asset Management, which backs the project, told the Russell County Board of […]
Officials envision new life for shuttered state campus
Summary CVTC closed in 2020, costing the region 1,600 jobs and $87M. Redevelopment plan envisions housing, retail, and light industry. Site includes 98 outdated buildings, many with asbestos. State allocated $6M for demolition to attract developers. [/box Lynchburg-area leaders want to see a second act for about 386 acres that were once home to the […]
Post GreenCity, Henrico tries again
Henrico revives arena plans after GreenCity collapse, targeting a 17,000-seat venue by 2028 amid lawsuits.
Globalinx grows bandwidth at subsea cable station
Virginia’s “digital port” is significantly growing its capacity at Globalinx’s subsea internet cable landing station at Corporate Landing Business Park. A Virginia Beach-based carrier-neutral cable-landing station and data center operator, Globalinx finished construction on four new cable bores at its Sandbridge landing site in late May, a $39 million project. Since 2018, Globalinx[...]
22nd Century Technologies adds 880 jobs in Virginia
22nd Century Technologies plans to invest $1 million to expand its headquarters in Fairfax County and offices across Virginia.
Google buys $14M parcel for Botetourt data center
Google purchased 312 acres in Botetourt County for a future data center and pledged an additional $4Mfor community projects.
Business Facilities ranks Virginia No. 1 again for custom workforce training
The Virginia Talent Accelerator Program has been ranked first in Business Facilities’ ranking of states’ customized workforce training.
