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Southwest Virginia

Real Estate and Construction: Stagnant with some silver linings
May 21, 2025

Virginia housing sales drop again, but listings spike 35.5%

Virginia home sales fell for the third month in a row in April 2025, but active listings rose 35.5% the same month.

Carilion Roanoke Memorial Hospital. Photo courtesy Carilion Clinic.
May 8, 2025

Roanoke’s Carilion gets state OK for kidney transplants

  Carilion Clinic has the state’s blessing to move forward with a kidney transplant program, despite public opposition from competitor UVA Health and a 2024 recommendation from the staff of the Division of Certificate of Public Need (DCOPN) that the Roanoke-based health system’s application be denied. In an email Wednesday, Dr. Karen Shelton, Virginia’s health commissioner,[...]

Making headway
Apr 30, 2025

Virginia inland ports expand to meet shipping demand

Virginia Inland Port and Richmond Marine Terminal upgrade facilities to handle growing cargo volumes and improve freight shipping efficiency statewide.

Valley Auto Spa was one of many buildings affected by Hurricane Helene in 2024. Photo courtesy Joshua Carroll.
Apr 25, 2025

Flood insurance costs rise with newer risk rating

FEMA manages the National Flood Insurance Program, or NFIP, which supplies flood insurance to the public and businesses through a network of insurance providers. The agency began implementing a rating standard known as Risk Rating 2.0 in October 2021. Critics think the new rating drove up prices.

On, April 16, Sen. Mark Warner held a roundtable with Virginia Tech President Tim Sands and others at the Carillion’s Center for Simulation, Research, and Patient Safety in Roanoke.
Apr 24, 2025

Medicaid cuts could close Virginia’s rural hospitals, Warner warns

Sen. Mark Warner warns Medicaid cuts may shutter hospitals West of Roanoke. In Virginia. That's because many rural hospitals operate in the red, and depend on Medicaid funding to keep the lights on.

Some SWVA communities see younger population stabilize
Jan 30, 2025

Some SWVA communities see younger population stabilize

In Southwest Virginia, the trend of outmigration among younger people appears to be slowing and even reversing in some counties. The decline in the population aged 25 to 44 in Wise and Lee counties has slowed during the first half of the 2020s compared with the early 2010s, according to University of Virginia Weldon Cooper […]

Southwest tourism spending climbs
Dec 31, 2024

Southwest tourism spending climbs

Visitor spending in Southwest Virginia reached $766 million in 2023, a 12% increase from 2022, according to data from the Virginia Tourism Corp. The region also saw a 29% increase from 2019, a rise that puts it well above that of the state as a whole, which saw a 15% increase in tourism revenue from […]

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Oct 31, 2024

All in good time

For decades, the promise of economic revitalization has tantalized Southwest Virginia. The sparsely populated region, once home to booming coal mining and tobacco industries, has had money and resources thrown at it by local, state and federal governments, but it’s still had a difficult time finding its footing. As the region’s economy has declined, so […]

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Aug 29, 2024

Health Wagon CEO’s pay gains attention

Once best known outside the region for its role in an annual Remote Area Medical pop-up clinic at the Wise County Fairgrounds, Southwest Virginia‘s Health Wagon has gained new notoriety — and lost state funding — over executive pay. After Cardinal News reported in May that Health Wagon President and CEO Teresa Gardner Tyson makes […]

Former Sykes property. Photo courtesy Virginia Coalfield Economic Development Authority
Aug 16, 2024

Appalachian Community Capital to launch Green Bank

Appalachian Community Capital, the Christiansburg-based community development financial institution for the Appalachian Valley, plans to launch the Green Bank for Rural America with a $500 million award from the Environmental Protection Agency, it announced Friday. Focused on financing up to 2,000 new energy projects that could create up to 13,000 jobs, the Green Bank will […]

Emory & Henry names interim president
Jun 10, 2024

Emory & Henry names interim president

Louise “Lou” Fincher, Emory & Henry University’s senior vice president, has been named interim president of the Washington County-based private college beginning Aug. 1, as President John W. Wells steps down and becomes the school’s first chancellor in late July. Fincher is also the inaugural dean of the E&H School of Health Sciences, a position […]

Apr 29, 2024

FOR THE RECORD May 2024

CENTRAL VIRGINIA Richmond-based Atlantic Union Bankshares completed its acquisition of Danville-based American National Bankshares, parent company of American National Bank and Trust, on April 1. Based on the $35.31 per share closing price of Atlantic Union common stock on March 28, the transaction value was approximately $507 million. The deal was announced in July 2023, […]

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