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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 […]
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[...]
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’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 […]
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 […]
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[...]
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 […]
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 […]
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 […]
Growth industry
When manufacturers thinking about setting up shop in Southern Virginia visit Pittsylvania County, the county’s economic development director, Matt Rowe, doesn’t just show off expansive, shovel-ready industrial sites. He also touts the region’s workforce, which includes many workers with advanced manufacturing skill sets. Eighteen percent of Southern Virginia’s labor force w[...]
CVTC property inches closer to redevelopment
Once home to more than 3,600 people with intellectual disabilities and other conditions, the Central Virginia Training Center property in Amherst County is drawing closer to a different future. In June, Gov. Glenn Youngkin signed into law the latest state budget, which removed $25 million in tax obligations from the 350-acre site, making it more […]
Broadened horizons
Virginia Business’ 2022 Virginia CFO of the Year award winners represent large and small businesses and large and small nonprofits. Large business | Sal Mancuso, executive vice president and CFO Altria Group Inc., Henrico County A first-generation college graduate whose father immigrated to this country from Sicily, Italy, as a teenager, Sal Mancuso believes it’s […]
