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Newport News reveals plans for $400M Navy housing project
Newport News plans to begin work next year on a more than 930,000-square-foot Navy housing development downtown.
$10M fulfillment center planned at ex-military tank museum
MerryGoRound will invest more than $10M to establish a live commerce division in Pittsylvania County, creating more than 200 jobs.
Virginia Chamber CEO resigns after 4 months
Cathie J. Vick has resigned as president and CEO of the Virginia Chamber of Commerce after only four months on the job.
Rheinmetall subsidiary relocates U.S. hub to Fairfax
Rheinmetall has relocated the headquarters of two of its U.S. subsidiaries to a new, 10,000-square-foot space in Fairfax County.
Mars to pump $2B into U.S. manufacturing
Mars announced on Tuesday that it plans to invest $2 billion in its U.S. manufacturing operations throughout the country by the end of 2026.
For the Record: August 2025
Central Virginia In late June, Bow Tie Partners unveiled its $5 million overhaul of BTM Movieland at Boulevard Square, which opened in 2009 inside a 53,000-square-foot former locomotive factory near Richmond’s Scott’s Addition neighborhood. The new attractions from the renovation projects are open, including two new large-format auditoriums, reclining seats throughout the auditoriums[...]
Big Deals: Virginia lands billions in new business investments
Anticipated to create at least 100 jobs apiece, these economic development announcements were some of the largest in Virginia in 2024 and 2025. CENTRAL VIRGINIA Goochland County: Washington-based retail giant Amazon.com announced plans in May to build its fourth Virginia robotics fulfillment center, which will involve a $500 million investment and is expected to create […]
Salem manufacturers plan expansions
Three advanced manufacturing operations with roots in Salem recently revealed plans to expand facilities in the city. Integer Holdings, which has operated in Salem for 30 years, announced expansion plans in April. The Texas-based medical contract developer and manufacturer of medical devices and components has leased a 13,000-square-foot facility on Electric Road to manufacture catheters. [&hellip[...]
The Lake surf park, retail hub rises in Chesterfield
The Lake development in Chesterfield County is starting to shore up. The 105-acre mixed-use development will include a surf park as well as commercial, hotel and residential properties. The centerpiece of The Lake will be a 13-acre artificial lake with a tow cable for wakeboarding, kayaking, standup paddle boarding and other water-related activities. It was […]
Top Five: August 2025
The top five most-read daily news stories on VirginiaBusiness.com from June 10 through July 10 included news of University of Virginia President Jim Ryan’s resignation amid federal pressure over university DEI policies. 1 | Buc-ee’s opens first Virginia location in Mount Crawford Some fans camped out overnight and some drove from as far away as […]
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.
