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economic development

“Great things are happening in Southern Virginia,” says Telly Tucker, president of the Institute for Advanced Learning and Research. Photo by Hannah King
Jul 30, 2023

Betting on success

Thousands of new jobs are flowing into Southern Virginia as Caesars Virginia prepares to open its permanent casino resort next year, and industries move into the region or expand. Meanwhile, local economic developers have been pitching the vacant 3,500-acre Southern Virginia Megasite at Berry Hill for megaprojects like electric vehicle assembly and battery manufacturing plants […]

Chesapeake Planning Director Jimmy McNamara Photo by Mark Rhodes
Jul 30, 2023

Chesapeake studying Greenbrier’s future

What’s the path ahead for Chesapeake’s Greenbrier community, a 12-square-mile area known as the city‘s economic powerhouse? Consultants have been meeting with city departments, the business community and the public since January to craft a plan guiding Greenbrier’s future development. They also posted a survey on Chesapeake’s website that garnered about 1,640 response[...]

Va. edges up to No. 2 in CNBC poll
Jul 30, 2023

Va. edges up to No. 2 in CNBC poll

Cited once more for its educational prowess, Virginia moved from third place last year to second place this year in CNBC’s annual Top States for Business rankings. Our neighbor to the south, North Carolina, won the top spot for a second year in a row. “Virginia is our most decorated state, a five-time winner,” the […]

Developer rejuvenates Colonial Beach
Jul 30, 2023

Developer rejuvenates Colonial Beach

Richmond developer Duke Dodson fondly remembers spending summer days as a child at Colonial Beach, a Northern Neck beach town bordering Maryland on the Potomac River. So, when the town listed 12 parcels of land for sale in 2020, he jumped at the opportunity. “My grandparents went to Colonial Beach back in the day to […]

Richmond casino rejected by voters
Jul 25, 2023

Richmond casino returning to Nov. ballots

It wasn’t exactly a surprise, but the Virginia Lottery and the Richmond Circuit Court have approved Richmond’s do-over casino referendum to appear on ballots this fall. “I am excited to see the Virginia Lottery and the Richmond Circuit Court approve the referendum for a Richmond destination resort and entertainment venue that will provide 1,300 good-paying […]

Buc-ee’s could open first Va. store in New Kent
Jul 25, 2023

Plans revealed for second Buc-ee’s Va. location

Buc-ee’s appears to be planning its second Virginia location, this time along Interstate 81 in Rockingham County near Mt. Crawford. According to a post on the county’s Facebook page, Buc-ee’s, the Texas-sized travel center chain, has applied for a special use permit for review and approval of a proposed sign plan. The Texas-based retailer is […]

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Jul 24, 2023

Nanotech company to invest $2.9M in C-ville expansion

Laser Thermal, a nanotechnology company spun out of the University of Virginia, will spend $2.9 million and add 28 jobs at its manufacturing, research and development facility in Charlottesville, Gov. Glenn Youngkin announced Monday. The company provides testing services to companies wanting to understand thermal properties at the device level, such as semiconductor companies seeking […]

Jul 19, 2023

Rail equipment manufacturer to expand in Salem

Wabtec Corp. is investing $2.7 million to expand its existing facility in Salem, adding 38 jobs, Gov. Glenn Youngkin announced Wednesday. Headquartered in Pittsburgh, Wabtec provides equipment, systems, digital solutions and other services for freight and transit rail globally. The expansion will accommodate the relocation of its pneumatically controlled braking systems manufacturing lines within [...]

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Jul 18, 2023

Va. semiconductor alliance powers forward

Virginia’s initiative to become a bigger part of the country’s burgeoning semiconductor chip industry charged forward Tuesday with the public launch of an alliance intended to unite academia and businesses in developing talent and establishing manufacturing and research facilities. Announced in April by Gov. Glenn Youngkin, the Virginia Alliance for Semiconductor Technology, or VAST, l[...]

Richmond riverfront amphitheater gets green light
Jun 29, 2023

Richmond riverfront amphitheater gets green light

Construction could begin this summer on a $30 million, 7,500-person amphitheater overlooking the James River. On June 12, Richmond City Council approved a 20-year performance grant that gives Red Light Ventures LLC the green light to build its proposed amphitheater on four acres of land it will rent from NewMarket Corp. behind the American Civil […]

Danville City Council member Lee Vogler encouraged The Palace Resort RV park to come to Danville after Pittsylvania County passed on the project. Photo by Hannah King
Jun 29, 2023

Luxury RV park sets sights on Danville

Danville visitors could soon be setting up camp at the area’s first luxury RV park if City Council approves a special use permit for The Palace Resort, a project that could generate $1.3 million in annual city tax revenue. The matter was set to go before Danville City Council on June 20, following the planning […]

Nurse training partnership to help with instructor shortages
Jun 29, 2023

Nurse training partnership to help with instructor shortages

Shenandoah University, Valley Health and the Virginia Hospital & Healthcare Association have teamed up to tackle the Shenandoah Valley region’s nursing shortage by creating a program that can be replicated statewide. Called NextGen Nurses, the program will use semi-retired and retiring nurses as preceptors — experienced licensed clinicians who serve as teachers and coaches — [&hellip[...]

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