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economic development

Aug 23, 2022

Coronado announces $169M coal mining expansion

Coronado Global Resources Inc., an Australian producer of metallurgical coal, will invest $169.1 million to expand coal mining operations at its Buchanan Mine Complex, located about 10 miles southeast of Grundy in Buchanan County. The expansion will see the mining operation add 181 jobs, bringing its total workers at the site to 781, Virginia Gov. […]

Aug 19, 2022

Outgoing chamber leaders honored by state association

The Virginia Association of Chamber of Commerce Executives has honored two retiring leaders with lifetime achievement awards. Prince William Chamber of Commerce President and CEO Debbie Jones and Roanoke Regional Chamber of Commerce President and CEO Joyce Waugh received the awards during the VACCE’s 2022 executive leadership conference, held Wednesday in Chester, according to a […]

Aug 11, 2022

NoVa distillery to expand, create 42 jobs

Prince William County-based MurLarkey Distilled Spirits will invest $8.1 million to move and expand its operations, with plans to create 42 new jobs over the next three years, Gov. Glenn Youngkin announced Thursday. MurLarkey will leave Bristow and establish a large new distillery and tasting room on the Manassas campus of Farm Brew Live,  a […]

Aug 9, 2022

Downtown Norfolk Council adds 2 execs

The Downtown Norfolk Council announced two leadership changes Monday. Rachel McCall has been promoted to vice president, from director of strategic initiatives. She has been with DNC since 2014 in a variety of roles, advancing the NEON District — Norfolk’s arts district — and other initiatives. In her new role, she will manage placemaking, oversee […]

Aug 8, 2022

Restoration Bioproducts to build $5.8M biochar plant

Lynchburg-based Restoration Bioproducts LLC will invest $5.8 million and build Virginia’s first biochar production facility in Sussex County, creating five jobs and purchasing 34,560 tons of Virginia-grown wood products, Gov. Glenn Youngkin announced Monday. Wood pellet manufacturer Wood Fuel Developers is already in Waverly. Restoration Bioproducts will use pyrolysis technology to turn wood[...]

Aug 5, 2022

Amazon opens new Chesapeake facility

Last week Amazon.com Inc. opened its new, 640,000-square-foot processing facility in Chesapeake, the global e-tailer’s first cross-dock fulfillment center in Virginia. About 900 of the 1,000 workers that Amazon announced it would be hiring for the facility are already on the job, an Amazon spokeswoman told Virginia Business. Located at 5045 Portsmouth Blvd., the Chesapeake […]

Norfolk city government acquired the unsuccessful Military Circle mall in 2020 and is seeking bids to redevelop it into a walkable, live-work-play community. Photo by Mark Rhodes
Aug 3, 2022

Norfolk’s Military Circle Mall headed for wrecking ball

Norfolk’s Military Circle Mall will close by the end of the year to make way for its demolition in the first quarter of 2023. The decision to close the mall came after Norfolk Economic Development Authority members toured the aging facility on Wednesday, Norfolk Economic Development Director Jared Chalk told Virginia Business. EDA members voted […]

Aug 2, 2022

Greater Washington Partnership taps new CEO

The Greater Washington Partnership has named Kathy Hollinger as its new CEO, the economic development organization announced Tuesday. Hollinger is the president and CEO of the Restaurant Association of Metropolitan Washington, which she has led since 2012. She begins at GWP Oct. 3, according to a news release. “This region is near and dear to […]

Aug 1, 2022

Potter’s Craft Cider plans expansion

Albemarle County-based Potter’s Craft Cider will expand its production operation and add eight jobs, Gov. Glenn Youngkin’s office announced Friday. The company will undertake adaptive reuse of a vacant 11,500-square-foot warehouse in the Woolen Mills District near downtown Charlottesville. The new cidery, which will have a $900,000 capital investment, will create eight jobs, triple pro[...]

Kate Pittman (L) is executive director of the nonprofit that promotes and supports Virginia Beach’s ViBe Creative District, the trendy area co-founded by Andrew Fine and Laura Wood. Marked by colorful murals and artwork, the district features a mix of art galleries, retailers, coworking space, restaurants, breweries and coffee shops. Photo by Mark Rhodes
Jul 28, 2022

Creating community vibes

In Virginia Beach, most tourists flock to the Oceanfront. But just a couple blocks west, you’ll find an area that feels a little more artsy and a lot more local. In the 15-block ViBe Creative District, situated between the Virginia Beach Convention Center and the Oceanfront, coffee shops and restaurants operate out of former industrial […]

Jul 28, 2022

Breaking rank

What a difference a year makes. On July 13, 2021, against a backdrop of ships blasting their horns and spraying water in celebration at the Port of Virginia’s Norfolk International Terminals, Gov. Ralph Northam sat for a harborside interview with CNBC, which had just named Virginia the nation’s best state for business for an unprecedented […]

(L to R) Danville Regional Foundation President and CEO Clark Casteel and interim Pittsylvania County Administrator Clarence Monday Photo by Hannah King
Jul 28, 2022

Prosperity drives formation of regional group

Interim Pittsylvania County Administrator Clarence Monday knows what’s better than two localities working together: a whole region working to support them in a joint effort. “The partnership between Danville and Pittsylvania County is unusually strong, so it makes sense that Pittsylvania County is a partner in the economic and community success of this region. We’re […]

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