Out of the office
In an attempt to slow the spread of COVID-19 and encourage social distancing, state offices, schools and universities across the commonwealth pivoted to telework in mid-March. Amazon.com Inc., Capital One Financial Corp., Elephant Insurance, Dominion Energy Inc., Genworth Financial Inc. and many more companies big and small made[...]
Positive energy
By 2026, as many as 220 massive wind turbines — each taller than the Washington Monument — may be churning away less than 30 miles off the Virginia Beach coast, powering up to 650,000 homes with renewable energy. The $7.8 billion proposed offshore wind farm would be the nation’s largest such project, but it’s just [&hell[...]
Pig-powered
Along with emitting a potent odor, manure produced by the nearly 75 million hogs in the U.S. generates methane, a greenhouse gas 25 times more harmful to the atmosphere than carbon dioxide. However, Virginia’s largest electric utility and the world’s largest pork producer have teamed up to combat the latter problem by tran[...]
Amazon scoops up more NoVa land
Another quarter, another Amazon.com Inc. buying spree in Northern Virginia. In January, the company bought 6.2 acres in Arlington County, the location of HQ2, for $154.95 million. According to county records, Acorn Development LLC, an Amazon subsidiary, bought the land from JBG Smith Properties, from which it leases its current [...]
Roanoke city real estate made a rebound. What now?
The city of Roanoke’s real estate values increased by 4.74% last year, the biggest property value increase for the Star City since 2007. Commercial properties’ assessed value jumped by 4.55%. But with the U.S. stock market plummeting to 1987 record lows in March as the coronavirus pandemic disrupted life across the nation, m[...]
Surf park project in Chesterfield moves forward
Phase one of what is being touted as the “world’s largest surf park” is a go in Chesterfield County, and developers and the county have emerged with environmental permits despite a gap in the state’s regulatory framework. The Lake, a 105-acre, mixed-use development between state Route 288 and Genito Road, is set to move [...]
Top 50 golf courses in Virginia for 2020
Read more from the golf package: Cascades isn’t par for the course A good walk improved
Cascades isn’t par for the course
For the fourth consecutive year, the Virginia Golf Ratings Panel’s rankings of the commonwealth’s top 50 golf courses is led by the Omni Homestead Resort’s timeless Cascades course. William Flynn’s classic 1923 design in Hot Springs — nestled in the Allegheny Mountains — has both mesmerized and bedeviled golfers from[...]
They say they want an evolution
Forget the CPA number nerds of the past with pencil marks on their starched white shirts. Tomorrow’s CPAs will be better versed in information technology, analysis and problem-solving techniques. An evolution is taking place in the accounting industry to enhance analytical and critical thinking skills among future certified pu[...]
Followups: The View at Tysons comes into focus
The developers of the proposed The View at Tysons project purchased the remaining land needed for the development in February, according to Fairfax County land records. Tysons-based Clemente Development Co., in partnership with Saudi Arabian corporate titan Khaled bin Ahmed Al Juffali, purchased a trio of properties near the Spr[...]
Chambers of commerce
Virginia State Chamber of Commerce Richmond 804.644.1607 vachamber.com CENTRAL VIRGINIA Altavista Area Chamber of Commerce Altavista 434.369.6665 altavistachamber.com Amherst County Chamber of Commerce Amherst 434.946.0990 amherstvachamber.com Appomattox County Chamber of Commerce Appomattox 434.352.2621 appomattoxchamber.org Be[...]
Great expectations
There was perhaps no greater portent last year of Virginia’s rising fortunes than the news that the Old Dominion had regained its perch as the nation’s No. 1 state for business. After eight years, CNBC once again ranked Virginia No. 1 in its annual Top States for Business study. The business news network cited Virginia’s [[...]