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economic development

An aerial view of the Botetourt Center at Greenfield. Photo courtesy Botetourt County
Feb 26, 2026

Google’s Botetourt data center campus may use 8M gallons of water daily

Unredacted documents reveal Google’s planned Botetourt data center may require 2M–8M gallons of water daily for operations.

A 3D-printed mold for a hydropower impeller is printed using a wire arc additive manufacturing system. Photo by Carlos Jones, courtesy U.S. Department of Energy’s Oak Ridge National Laboratory.
Feb 25, 2026

Maritime manufacturing startup to invest $10.5M in Portsmouth

Radian Forge will invest $10.5M to grow its Portsmouth manufacturing operation to meet U.S. Navy production needs.

Southern Virginia Multimodal Park. Photo courtesy Matt Rowe, Pittsylvania County's economic development directo
Feb 23, 2026

Avio USA picks Pittsylvania for $500M solid rocket motor plant

Avio USA will build a $500 million rocket motor plant in Pittsylvania County, creating 1,000+ jobs in defense and space manufacturing.

Victor Hoskins. Photo courtesy Fairfax County Economic Development Authority.
Feb 23, 2026

Hoskins to exit Fairfax EDA after six-year tenure

Victor Hoskins will leave the Fairfax County EDA after six years, a tenure credited with nearly 64,000 jobs and $47B in GDP growth.

AdobeStock
Feb 20, 2026

RIFA backs incentives deal for Pittsylvania industrial site

The Staunton River Regional Industrial Facility Authority approved a performance agreement in advance of an announcement from the governor.

In 2021, Umbra launched their first commercial radar satellite with Synthetic Aperture Radar (SAR) capabilities. Photo courtesy Umbra.
Feb 12, 2026

Space tech company to invest $6.75M, add 100 jobs in Reston

Umbra plans a $6.75M expansion in Fairfax County, adding 100 jobs and opening a new 20,000-square-foot Reston office.

An aerial view of the Botetourt Center at Greenfield. Photo courtesy Botetourt County
Feb 4, 2026

Google could spend $3B building Botetourt data centers

State documents reveal Google’s plan for a data center campus in Botetourt County that could cost $3 billion.

Tighter regulations, local opposition and less available land have prompted data center developers to seek sites beyond Loudoun’s Data Center Alley. Photo by Will Schermerhorn
Feb 2, 2026

Beyond Loudoun: Why data centers are seeking new markets

Tighter zoning and power limits in Northern Virginia are pushing data center developers to other regions across the state.

Norfolk casino General Manager Ron Bailey leads a tour of the Interim Gaming Hall, which opened in November 2025. Photo by Kristen Zeis
Feb 1, 2026

Will new casino be a jackpot for Norfolk?

Norfolk’s $750M casino project is on track for 2027, but rising competition and lower tax projections raise revenue questions.

Vinton Town Manager Pete Peters at Extended Stay America Premier Suites site Photo by Natalee Waters
Feb 1, 2026

Roanoke Valley confronts hotel room shortage

As a trio of hotels shuttered in the city over the past several years, the number of rooms available in Roanoke to travelers has shrunk. Two hotels — the Blue Ridge Hotel & Conference Center, which closed in late 2019, and a Days Inn that shuttered in 2022 — were replaced by multifamily developments. And […]

Norfolk Director of Economic Development Sean Washington stands at 101 Park Ave., one of the parcels of land the city hopes to incorporate into a entertainment district. Photo by Kristen Zeis
Feb 1, 2026

Norfolk eyes Harbor Park entertainment district

An entertainment and nightlife district could be in the cards for the area surrounding Norfolk’s upcoming $750 million waterfront resort casino near Harbor Park. The city owns most of the property around the casino site and the ballpark, controlling almost seven acres in an area bordered by the Elizabeth River, railroad tracks and Interstate 264. […]

Hanover’s area plan has drawn interest from data center developers, says Brandon Turner. Photo by Matthew R.O. Brown
Feb 1, 2026

Hanover’s Route 33 plan sets up industrial zone

Hanover County’s new Route 33 Gateway Small Area Plan is already attracting the attention of data center developers. Data centers are among the preferred industrial and commercial users under the county’s long-range vision for the U.S. Route 33 corridor between the Henrico County line and Winns Church Road. Hanover’s board of supervisors adopted the plan […]

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