Not with a bang, but a whimper
This story has been updated since publication. Despite lofty promises from Democrats and Republicans, divided government in Richmond meant few wins or losses for either party during the 2024 General Assembly session — and few sweeping changes for Virginia in the year ahead. “The only thing that the legislature really did is the one thing […]
Virginia’s fundamentals remain strong after unsuccessful arena competition
As Virginia celebrates Economic Development Week, there is no better time to recognize that when it comes to success in economic development, fundamentals matter most. Incentives, public sector support, personal connections and various intangibles — like, say, letting a CEO pick his favorite Grateful Dead concert to play during a recruitment dinner — can undoubtedly […]
Wizards, Capitals plan move to Alexandria in $2B deal
The Washington Capitals and Washington Wizards are planning a move across the Potomac River to a new home in Alexandria in a $2 billion deal that would see the professional sports franchises exit Washington, D.C., by 2028, Virginia Gov. Glenn Youngkin announced early Wednesday. The nonbinding agreement to build a new arena for the Capitals […]