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economic development

Hanover’s area plan has drawn interest from data center developers, says Brandon Turner. Photo by Matthew R.O. Brown
Feb 1, 2026

Hanover’s Route 33 plan sets up industrial zone

Hanover County’s new Route 33 Gateway Small Area Plan is already attracting the attention of data center developers. Data centers are among the preferred industrial and commercial users under the county’s long-range vision for the U.S. Route 33 corridor between the Henrico County line and Winns Church Road. Hanover’s board of supervisors adopted the plan […]

Gateway Crossing site . Map courtesy Botetourt County
Jan 30, 2026

As Costco rumors swirl, Botetourt OKs agreement

Costco rumors grow after Botetourt County approved an agreement for a national destination retailer near Interstate 81 in Daleville.

Tina Leone. Photo courtesy River District Association
Jan 28, 2026

Danville’s River District Association has new leader

Tina Leone has been named executive director of Danville’s River District Association, succeeding Diana Schwartz.

Rendering of Sphere National Harbor. Photo courtesy Sphere Entertainment
Jan 23, 2026

Peterson Cos. plans smaller-scale Sphere in National Harbor

Sphere Entertainment plans a $1B, 6,000-seat version of the Las Vegas Sphere in National Harbor, Maryland, boosting tourism and jobs.

Depositphotos
Jan 15, 2026

Virginia luxury packaging provider plans $34M HQ expansion

Infinity Global plans a $34 million expansion of its Danville headquarters, creating 150 jobs and more than doubling its Virginia workforce.

Prince William Chamber of Commerce President and CEO Bob Sweeney announced in January 2026 he plans to step down. Photo courtesy Prince William Chamber
Jan 12, 2026

Prince William Chamber CEO to step down

Prince William Chamber of Commerce President and CEO Bob Sweeney is stepping down after three years. 

Carrie Chenery is Virginia's incoming secretary of commerce and trade. Photo courtesy Gov.-elect Abigail Spanberger's transition team
Jan 12, 2026

Spanberger appoints Virginia commerce and trade secretary

Gov.-elect Abigail Spanberger's transition team announced Monday that Carrie H. Chenery, former executive director of the Shenandoah Valley Partnership, has been appointed secretary of commerce and trade.

On Jan. 15, 2022, Republican Glenn Youngkin was sworn in as Virginia’s 74th governor on the steps of the state Capitol. Photo courtesy governor’s office.
Dec 31, 2025

Youngkin’s term as governor marked by economic wins, political division

Gov. Glenn Youngkin leaves office after four divisive years marked by economic wins, veto power and political losses as Virginia turns to Abigail Spanberger.

On Jan. 15, 2022, Republican Glenn Youngkin was sworn in as Virginia’s 74th governor on the steps of the state Capitol. Photo courtesy governor’s office.
Dec 31, 2025

Why Virginia’s one-term limit for governors deserves a second look

As Virginia prepares to swear in its first woman governor, it’s worth reexamining whether the commonwealth’s one-term limit on governors serves the state’s long-term economic and leadership interests.

buc-ees
Dec 29, 2025

Buc-ee’s delays second Virginia location by four years

Buc-ee’s has pushed the expected opening of its New Kent County travel center from 2027 to December 2031.

Gov. Glenn Youngkin announced LS Cable & System's plans for additional facilities in Chesapeake at the Patrick Henry Building in Richmond on Dec. 12, 2025. Photo by Katherine Schulte/Virginia Business.
Dec 12, 2025

LS Cable to add $689M factory in Chesapeake, creating 430 jobs

LS Cable & System is more than doubling its capital investment in Chesapeake manufacturing facilities and bringing its expected job creation to 760.

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Dec 11, 2025

Newport News music festival set for Memorial Day weekend 2026

Newport News City Council approved a $3 million grant to support the launch of a major music festival coming Memorial Day Weekend 2026.

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