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economic development

Chesterfield’s Springline  development moves forward
Dec 31, 2024

Chesterfield’s Springline development moves forward

Timmons Group expects to move its headquarters from a Chesterfield County office park into the county’s new Springline at District 60 mixed-use project in the first quarter of 2025. The five-story, 150,000-square-foot building is one of three buildings in the first phase of the development near the Chippenham Parkway and Midlothian Turnpike intersection that should […]

What to expect from the 2025 Va. General Assembly
Dec 31, 2024

What to expect from the 2025 Va. General Assembly

The General Assembly enters the fourth year in the gubernatorial cycle with even more gridlock than usual. Democrats hold narrow majorities in both the House of Delegates and Senate, but are vulnerable to vetoes by Republican Gov. Glenn Youngkin, who begins the final year of his constitutionally mandated single term. Hopes for bipartisan compromise were […]

Top Five December 2024
Dec 31, 2024

Top Five January 2025

1 | Inova pays $2.37 million to settle False Claims Act allegations Three Inova Health entities agreed to settle claims that Inova submitted Medicaid claims containing falsified information. (Nov. 18) 2 | Pittsylvania County wins $1.3 billion battery separator project Tennessee-based Microporous announced it will build its battery separator manufacturing facility at the Southern Virginia […[...]

Micron to invest $2.17B in Manassas expansion
Dec 30, 2024

Micron to invest $2.17B in Manassas expansion

Semiconductor company Micron Technology will invest up to $2.17 billion to expand its Manassas manufacturing facility, creating an expected 340 jobs, Gov. Glenn Youngkin announced Monday. Micron will modernize the plant at 9600 Godwin Drive to produce dynamic random-access memory (DRAM) chips for automotive, aerospace, defense and industrial markets, according to a news release from […]

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Dec 17, 2024

Hundreds pack into Caesars Virginia on opening day

Hundreds of people descended upon Danville’s Main Street Tuesday to celebrate the opening of the $800 million Caesars Virginia, the third permanent casino to open in the state. Caesars didn’t shortchange on spectacle for the first day. A faux Roman legionary struggled to climb out of a Rolls-Royce to join Vegas-style showgirls and others for […]

Pittsylvania megasite wins $1.3B battery separator project
Dec 16, 2024

Business Facilities names Virginia 2024 State of the Year

Business Facilities has named Virginia its 2024 State of the Year, recognizing the state’s business environment and economic development success, the publication announced Monday. The award comes in the same year as Virginia’s sixth No. 1 ranking as CNBC’s Top State for Business, awarded in July. Virginia previously won Business Facilities’ State of the Year […]

Data Centers
Dec 10, 2024

Developer plans $3B data center in Appomattox County

A Connecticut developer plans to build a $3 billion data center on a 452-acre site in Appomattox County. AVAIO Digital Partners announced Tuesday it had signed an agreement with the Appomattox County Economic Development Authority to purchase the industrial site. “This project in Appomattox County exemplifies our strategy of expanding Virginia’s thriving data center industry […]

An aerial shot of a green field and two industrial buildings in the distance.
Dec 6, 2024

Paver manufacturer to invest $47M for Pittsylvania facility

Cambridge Pavers, a New Jersey-based manufacturer of pavers, slabs and wall systems, will invest $47.35 million to establish a 150,000-square-foot facility at Ringgold East Industrial Park in Pittsylvania County, Gov. Glenn Youngkin announced Friday. Virginia competed with North Carolina, South Carolina, New Jersey, and Massachusetts for the project, which is expected to create 55 jobs.   [&hell[...]

Van maker repays state grant after Pittsylvania layoffs
Dec 3, 2024

Van maker repays state grant after Pittsylvania layoffs

Morgan Olson has paid back a $500,000 Virginia Port Authority grant after the Michigan-based manufacturer of walk-in step vans failed to employ an agreed-upon number of workers at its facility at the Cane Creek Centre Industrial Park in Pittsylvania County. It’s not the jubilant future economic developers had envisioned when celebrating the company’s October 2019 […]

Pittsylvania megasite wins $1.3B battery separator project
Nov 30, 2024

Pittsylvania megasite wins $1.3B battery separator project

Tennessee-based Microporous will invest $1.3 billion to build a battery separator manufacturing facility at the Southern Virginia Megasite at Berry Hill in Pittsylvania County, Gov. Glenn Youngkin announced Nov. 13. The company expects to create 2,015 jobs. The megasite’s first tenant, Microporous will develop Lot 1 at the park in two phases, with each phase […]

Powhatan green-lights $2.7B data center campus
Nov 30, 2024

Powhatan green-lights $2.7B data center campus

Although some Virginia counties are backing away from hosting more data centers, Powhatan County supervisors voted 3-2 in October to approve an estimated $2.7 billion data center campus. The project will be on 119.9 acres partly bordering Chesterfield County, and supervisors OKed rezoning and a conditional use permit, rejecting the Powhatan Planning Commission’s recommendation. The […[...]

Inova breaks ground on Alexandria, Springfield hospitals
Nov 29, 2024

Inova breaks ground on Alexandria, Springfield hospitals

In late September, Inova Health System broke ground on two new hospitals — one in Alexandria and the other in Springfield, the start of a new phase for the Falls Church health system. Both acute-care hospitals are expected to be completed in 2028, officials say. Inova Alexandria, which will sit on the former Landmark Mall […]

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