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economic development

The building at 2415 Eisenhower Ave. Photo by AdobeStock
Nov 17, 2025

NSF to remain in Alexandria, but in a smaller building

The National Science Foundation new headquarters will be located in Alexandria on the same campus as the U.S. Patent and Trademark Office

Scout Motors will establish its corporate headquarters in Charlotte while building a $2.3B EV production center in Blythewood, creating 4,000 jobs. (Photo/Scout Motors)
Nov 14, 2025

Scout Motors picks Charlotte for new corporate headquarters

After investing over $2 billion in South Carolina, an electric vehicle manufacturer has chosen to cross state lines for its corporate headquarters. Scout Motors, which is building a $2.3 billion production center for its all-electric SUV and pick-up in the Midlands, will locate its corporate hive in Charlotte. The news comes just two months after […]

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Nov 13, 2025

Modine announces $19.6M Buena Vista expansion

Modine will relocate its heating division headquarters to Buena Vista, Virginia, investing $19.6 million and creating 57 new jobs.

Henrico appoints new EDA director
Nov 13, 2025

Henrico appoints new EDA director

The Henrico Economic Development Authority has appointed Cari M. Tretina to be its executive director, effective Jan. 1.

Gov. Glenn Youngkin, Lego Vice President Cindy Sikora and others ceremonially broke ground on Lego's regional distribution center in Prince George County on Nov. 13, 2025. Photo by Katherine Schulte/Virginia Business
Nov 13, 2025

Lego holds groundbreaking for $366M Prince George distribution center

The Lego Group held a ceremonial groundbreaking Thursday for its $366 million warehouse and distribution center in Prince George County.

Defense contractor to add 288 workers at Roanoke night-vision goggle factory
Nov 12, 2025

Defense contractor to add 288 workers at Roanoke night-vision goggle factory

Elbit Systems of America will invest $30 million to expand its Roanoke County manufacturing facility and create 288 jobs.

New documents reveal scope of Google’s Chesterfield data center campus
Nov 11, 2025

New documents reveal scope of Google’s Chesterfield data center campus

Google plans to build an 855,846-square-foot data center campus on a roughly 307-acre property in Chesterfield County.

Xcelerate Solutions' leadership team cut the ribbon on its new headquarters space on Tuesday. From left: Mike Brokaw, Mark Drever, David Kapusta, Vivek Malhotra and Doug Kollme. Photo courtesy Fairfax County Economic Development Authority.
Nov 3, 2025

Xcelerate Solutions expands in Tysons

Defense and national security contractor Xcelerate Solutions is expanding its headquarters and workforce in Tysons.

DOUG SMITH
Nov 2, 2025

DOUG SMITH

PRESIDENT AND CEO HAMPTON ROADS ALLIANCE NORFOLK

Despite federal coal support, Southwest Virginia aims to diversify
Nov 2, 2025

Despite federal coal support, Southwest Virginia aims to diversify

Southwest Virginia pursues nuclear, data centers, clean energy projects as coal declines and communities seek new economic paths.

U.Va. Wise helps founders build community, confidence
Nov 2, 2025

U.Va. Wise helps founders build community, confidence

U.Va. Wise is fueling Southwest Virginia’s startup scene through its Hatch Accelerator and CO.STARTERS programs for local founders.

Virginia 500 Spotlight: JONATHAN S. BELCHER
Nov 2, 2025

Virginia 500 Spotlight: JONATHAN S. BELCHER

TRAITS I ADMIRE: Loyalty, honesty and integrity FIRST JOB: Law clerk for the county attorney’s office in York County HOW I DEFINE SUCCESS: I define success not so much by what I have accomplished myself, but by how I have been able to help others. As an economic developer in a very economically distressed area, […]

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