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Issues

The 82.5-acre Richmond site where Bally’s Corp. had proposed building a casino is being marketed with a larger adjacent property in Chesterfield County. Photo courtesy S.L. Nusbaum Realty Co.
Mar 30, 2022

Richmond casino sites are up for grabs

With a future casino at least temporarily off the table in Richmond, two of the three land parcels that hopeful developers had been eyeing as future casino sites are back on the market, while the third will remain a movie theater. In spring 2021, city officials selected Urban One Inc.’s proposal to build a $565 […]

Mar 30, 2022

FOR THE RECORD

CENTRAL VIRGINIA  AutoZone Inc. plans to build a $185.2 million warehouse and distribution center in New Kent County, creating 352 jobs, Gov. Glenn Youngkin announced in February. The 800,000-square-foot facility will serve as the auto parts company’s East Coast distribution operation. Based in Memphis, Tennessee, AutoZone has more than 6,000 stores nationwide and reported $14.6 […]

This is a pivotal time for electric utilities such as Dominion Energy, which are upgrading power grids and systems to accommodate renewable energy sources such as wind and solar. Photo by Mark Rhodes
Mar 30, 2022

Power plays

Virginia’s largest electric utilities are deploying an array of technologies as they decarbonize, digitalize and decentralize their power grids to meet the state’s and their own clean energy goals. Richmond-based Dominion Energy Inc. and Charleston, West Virginia-headquartered Appalachian Power are expanding their solar, win[...]

Construction work is underway on a 7-mile stretch of the Coalfields Expressway overlapping U.S. Route 460 in Grundy. Photo by Earl Neikirk
Mar 30, 2022

Coalfields Expressway: Mostly unfinished and unfunded

Progress on a proposed 115-mile federal highway to improve transportation connectivity between Southwest Virginia, West Virginia, Tennessee and Kentucky has been crawling in the commonwealth.    Authorized by Congress in 1995, the Coalfields Expressway (CFX) — U.S. Route 121 — would run from U.S. Route 23 in Pound to Inter[...]

Mar 30, 2022

Remembering John T. ‘Til’ Hazel Jr.: 1930-2022

John T. “Til” Hazel Jr., a major force behind the development of Tysons Corner and several Fairfax County planned communities, died March 16 at age 91. An Arlington native, Hazel also was an attorney who graduated from Harvard University and Harvard Law School. In the 1950s, Hazel began promoting commercial and residential g[...]

Metrorail 7000 series cars, shown here at the West Falls Church station, have been offline since October 2021. Photo by Will Schermerhorn
Mar 30, 2022

Metro delays create hassles for businesses, workers

Metrorail delays played a factor in Danielle Romanetti’s decision at the beginning of the year to close fibre space, her Old Town Alexandria yarn and knitting supplies shop, an hour earlier each day. “We now close at [7 p.m.] instead of [8 p.m.], just so staff can get home in time to eat a proper […]

Virginia Business Editor Richard Foster
Mar 30, 2022

Rising to the challenges

Last summer, as I was eating dinner at a Norfolk bar with a group of my Lead Virginia classmates from far Southwest Virginia, one of them asked what decision makers in Richmond thought about their region. “Most of them don’t think about it at all,” I replied bluntly and not a little sadly. During my […]

Trex Co. Inc. is building its new headquarters in Winchester. Rendering courtesy Trex Co. Inc.
Mar 30, 2022

Trex starts HQ move to Winchester

Composite decking and railing manufacturer Trex Co. Inc. broke ground in January on its new $7 million global headquarters in Winchester. The 64,000-square-foot office facility will be located on 8 acres along Crossover Boulevard near Interstate 81. The company’s corporate offices are currently located on Exeter Drive in Frede[...]

“Those of us that live here used to joke that we need to educate folks that Virginia doesn’t end at Roanoke,” says Cathy Lowe, executive director of the Virginia Highlands Small Business Incubator. Photo by Earl Neikirk
Mar 30, 2022

Rising in the Southwest

Through decades of owning her own beauty salon and later a gift shop in downtown Abingdon, Cathy Lowe developed an interest in economic development. In 2006, she decided to run for town council and won — ultimately serving for 12 years, including six as vice mayor and two as mayor. Throughout her career, Lowe, who […]

Todd Youngren leads MainStreet Bank’s banking-as-a-service subsidiary. Photo by Will Schermerhorn
Mar 30, 2022

Embedded finance

Several years ago, Blue Ridge Bank President and CEO Brian Plum began to notice a movement across the broader economy. “We live in a world where data has value,” Plum says. “It only made sense that over time, [as] you would see more sellers or other service providers that have built out platforms to try […]

AeroFarms’ Cane Creek Centre facility will use a vertical farming system it says is much more productive than growing outside. Photo courtesy AeroFarms
Mar 30, 2022

AeroFarms plants roots in Cane Creek Centre

AeroFarms won’t harvest the first crops at its new Cane Creek Centre facility until summer, but the company is already expanding. In December 2019, the Newark, New Jersey-based indoor agriculture company announced it would invest $42 million and create 92 jobs in the 136,000-square-foot facility building in the industrial park[...]

Mar 30, 2022

Hitting a brick wall

Casey Renner has worked in four states over the course of her teaching career, and she’s never liked a school more than Arlington County’s Wakefield High School, where she teaches science and special education. But she has also never had as much difficulty finding housing near work as she has during her 17 years teaching [&h[...]

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