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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.
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 […]
