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economic development

Loudoun County data centers stock image
Aug 26, 2025

Developer pulls out of massive Charles City County data center

Kansas-based development company Diode Ventures has backed out of a massive data center campus in Charles City County.

Henrico EDA head to leave in 2026
Aug 25, 2025

Henrico EDA head to leave in 2026

Anthony Romanello, the Henrico County Economic Development Authority’s executive director, will resign from the role early next year.

Aaron Noble, Virginia Tech professor and department head, (left) and Francisco Haussmann, project superintendent for Aclara Resources, in the Virginia Tech lab Aug. 14, 2025. Photo by Natalee Waters
Aug 20, 2025

Mining company partners with Virginia Tech on rare earths plant

Aclara plans to invest $10 million on rare earths separation pilot plant at Virginia Tech to boost U.S. supply chain

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Aug 19, 2025

Virginia Chamber appoints interim CEO

The Virginia Chamber of Commerce Board of Directors announced that it has appointed former chamber executive Keith Martin as interim CEO.

Best Products property in Henrico County. Rendering courtesy GreenCity Partners LLC
Aug 18, 2025

GreenCity developers and ASM Global settle $1.5M suit

On Friday, the developers of the GreenCity project and ASM Global, reached a settlement agreement in a $1.5 million legal dispute.

2025 Virginia 500: Nonprofits | Philanthropy
Aug 14, 2025

Newport News reveals plans for $400M Navy housing project

Newport News plans to begin work next year on a more than 930,000-square-foot Navy housing development downtown.

A close-up image showing neatly stacked booster boxes from the Pokemon Trading Card Game, specifically the Korean edition of the Terastal EX series. AdobeStock
Aug 13, 2025

$10M fulfillment center planned at ex-military tank museum

MerryGoRound will invest more than $10M to establish a live commerce division in Pittsylvania County, creating more than 200 jobs.

A woman wearing a blazer smiles at the camera
Aug 12, 2025

Virginia Chamber CEO resigns after 4 months

Cathie J. Vick has resigned as president and CEO of the Virginia Chamber of Commerce after only four months on the job.

Rheinmetall subsidiary relocates U.S. hub to Fairfax
Aug 6, 2025

Rheinmetall subsidiary relocates U.S. hub to Fairfax

Rheinmetall has relocated the headquarters of two of its U.S. subsidiaries to a new, 10,000-square-foot space in Fairfax County.

Mars to pump $2B into U.S. manufacturing
Jul 30, 2025

Mars to pump $2B into U.S. manufacturing

Mars announced on Tuesday that it plans to invest $2 billion in its U.S. manufacturing operations throughout the country by the end of 2026.

June 2025 for the record
Jul 29, 2025

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
Jul 29, 2025

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 […]

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