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economic development

Diana Schwartz. Photo courtesy River District Association
May 21, 2025

Danville’s River District Association CEO resigns

Diana Schwartz is resigning as CEO of Danville’s River District Association, effective June 5.

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May 14, 2025

QualiChem to invest $9M in Salem expansion

Salem-based metalworking fluids manufacturer QualiChem will invest $9 million to expand its operations with a new 48,550 square-foot facility and will create 12 jobs, according to a May 13 announcement.

Gov. Glenn Youngkin and state and Amazon officials ceremonially break ground for the Amazon.com fulfillment center in Goochland County on May 14, 2025. Photo courtesy Amazon
May 14, 2025

Amazon fulfillment center in Goochland to create 1,000+ jobs

Gov. Glenn Youngkin participated Wednesday in a ceremonial groundbreaking for Amazon.com's 3.1 million-square-foot robotics fulfillment center in Goochland County, which is expected to create more than 1,000 full-time and part-time jobs. 

Take a load off
May 8, 2025

Virginia launches accelerator for $250M+ economic development projects

Virginia’s Made in Virginia Accelerator program announced May 8 accelerates large-scale projects with a $250M+ capital investment and 500+ jobs, offering expedited permitting and coordination among state agencies.

A construction worker made of Lego bricks. Photo by Kira Jenkins/Virginia Business
May 8, 2025

Lego to build $366M Prince George County warehouse

Lego will invest $366 million in a new warehouse in Prince George County, creating an estimated 305 jobs and expanding its U.S. logistics and distribution network.

A rendering of The Landing Hotel Portsmouth. Image Courtesy KOO Architecture & Interiors of Chicago and Rush Street Gaming
May 5, 2025

Rivers Casino Portsmouth to add $65M hotel

Rivers Casino Portsmouth and Rush Street Gaming are planning to break ground on a $65 million hotel in Portsmouth this summer, more than two years after the casino first opened.

Out and About
Apr 30, 2025

Out and About May 2025

From biotech labs to NASCAR partnerships, Virginia celebrates its workforce, innovation, and new milestones in education, healthcare, and hospitality.

Amherst county boosts industrial growth with new shell building
Apr 30, 2025

Amherst county boosts industrial growth with new shell building

Amherst County unveils a 45,000-square-foot shell building and prepares new industrial sites to drive future economic growth and attract manufacturers.

Chesterfield County leads Virginia in population growth
Apr 30, 2025

Chesterfield County leads Virginia in population growth

Chesterfield County tops Virginia in population growth, fueled by new housing, remote workers, and major employers like Lego seeking a strong workforce.

State funding to help revitalize Hampton Roads port properties
Apr 30, 2025

State funding to help revitalize Hampton Roads port properties

Virginia awards $2.4M to support seafood market, shipyard repairs, and new rail facility in Newport News, Norfolk and Portsmouth port communities.

Map courtesy Henry County
Apr 29, 2025

Henry County eyes $1.2M sale of 1,200-acre industrial site

Henry County's IDA has signed a deal offering a company the option to buy a 1,200-acre industrial site near Patriot Centre for $1.2M, boosting job prospects.

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Apr 21, 2025

Largest industrial building in Richmond market holds groundbreaking

A massive 846,260 square-foot spec industrial facility under construction in southern Chesterfield County is expected to be ready for delivery before the end of the year. New York-based real estate developer PNK Group began construction on the building at 1640 Ashton Park Drive during the first quarter of this year and hosted a groundbreaking ceremony […]

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