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Issues

Blake Hodges, vice president of enterprise risk for Genworth Financial, is overseeing the company’s teleworking initiative from home — where he’s working alongside his wife, kids and dog. Photo by Caroline Martin
Mar 29, 2020

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[...]

This 20-megawatt Dominion-owned solar farm in Sussex County’s Stony Creek area is one of six Virginia solar farms producing renewable energy purchased by Amazon Web Services to offset its environmental impact. Drone photography by Rick DeBerry
Mar 29, 2020

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[...]

Smithfield Foods Inc. has announced $300,000 in new STEM committments.
Mar 29, 2020

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[...]

Originally installed by H. Ross Perot’s company, this bronze eagle statue will move to Perspecta’s headquarters.
Mar 29, 2020

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’s real estate values increased by nearly 5% last year, says Susan Lower, the city’s director of real estate valuation.
Mar 29, 2020

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[...]

Plans for The Lake complex in Chesterfield include a 6-acre surf park, a hotel, apartments and retail.
Mar 29, 2020

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 [...]

Mar 29, 2020

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  

Photo courtesy Omni Hotels & Resorts
Mar 29, 2020

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[...]

The next generation of CPAs will need to be able to use information, not just memorize the tax code, says Richard Groover, former chairman of the Virginia Society of CPAs. Photo by Mark Rhodes
Mar 29, 2020

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[...]

The View at Tysons will include residential, retail and offi ce space plus a hotel and black box theater.
Mar 29, 2020

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[...]

Mar 4, 2020

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[...]

Mar 1, 2020

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 [[...]

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