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Iron Mountain plans $1B data center campus in Henrico
Boston-based Iron Mountain has acquired a 66-acre site in Henrico County with plans for a major data center campus, the Greater Richmond Partnership announced Tuesday. Henrico Economic Development Authority Executive Director Anthony Romanello says Iron Mountain’s campus in White Oak Technology Park will house four data center buildings covering more than 1 million square feet. […]
Virginia 500 Spotlight: JENNIFER WAKEFIELD
What I was like in high school: A nerd involved in everything One thing I’d change about Virginia: More marketing dollars at the state level to increase and enhance perception among C-suite executives globally. Sadly, our competitors all outspend and out-market us. Where I see myself 10 years from now: In the same role, crushing […]
Wholesale electrical distributor plans Va. expansion
Cooperative Electric Energy Utility Supply (CEEUS), a South Carolina-based electrical distributor that serves cooperatives, municipals and investor-owned utilities, plans to invest $37 million into a new 187,000-square-foot warehouse and distribution facility in Hanover County, creating 30 jobs, Gov. Glenn Youngkin announced Thursday. The facility will support CEEUS’s customers in Virginia, [...]
Love at first site
Home to eight Fortune 500 companies and three Fortune 1000 companies, metro Richmond is “punching above our weight” for a region of 1.3 million residents, says Jennifer Wakefield, president and CEO of the Greater Richmond Partnership. For the third year in a row, the Richmond region was named by Business Facilities magazine as a top […]
Economic Development 2023: JENNIFER WAKEFIELD
Assuming her current role in 2021, Wakefield served as interim president and CEO twice for the Greater Richmond Partnership, a regional economic development organization for Richmond and the counties of Chesterfield, Hanover and Henrico. She has also been the partnership’s chief operating officer and senior vice president of marketing. Previously, she served as Orlando Economic […]
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 […]
Walgreens to establish $34.2M fulfillment center in Hanover
Walgreens will invest $34.2 million to establish a micro-fulfillment center in Hanover County, a project expected to create 249 jobs, Gov. Glenn Youngkin announced Friday. The 65,686-square-foot facility will be located at the 185,000-square-foot Atlee Station Logistics Center and will have automated machinery to allow for a flexible operating model. “The Walgreens micro-fulfillment center in [&[...]
Two Va. projects are finalists for $100M U.S. EDA grants
Two Virginia projects — one to make Central Virginia an advanced pharmaceutical manufacturing hub and one to support the transportation and logistics cluster in Southern and Southwest Virginia — are two of 60 finalists for the U.S. Economic Development Administration’s Build Back Better Regional Challenge, which will provide awardees with up to $100 million each. […]
Reston’s Stanley Martin Homes breaks ground for RVA condos
Reston-based Stanley Martin Homes broke ground on a new downtown Richmond neighborhood, Carver Square, last month. Located in the city’s Carver neighborhood near Virginia Commonwealth University’s Siegel Center and across from Maggie Walker Governor’s School, Carver Square will feature 90 two-over-two-style garage condominiums on two acres at the corner of Moore and Lombary stree[...]
Greater Richmond Partnership taps new CEO
Greater Richmond Partnership’s board announced Monday that Jennifer Wakefield, the regional economic development organization’s interim leader, has been chosen as its permanent president and CEO, effective immediately. Wakefield, who previously was chief operating officer and served twice as the partnership’s interim president, joined GRP in 2017 as its senior vice president of m[...]
Lara Fritts resigns from Greater Richmond Partnership
Lara Fritts has resigned as president and CEO of the Greater Richmond Partnership, according to an email sent to the public-private economic development organization’s investors this week. Her resignation is effective as of Nov. 30, and she will be serving actively in the role until that time, according to a spokesperson. Fritts joined the organization […]
