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For the record August 2023
CENTRAL VIRGINIA Buc-ee’s, the Texas-size travel center chain, completed its purchase of 27.686 acres in New Kent County for $6.5 million and will open its first Virginia location in the next two years, with three more slated across the state, S.L. Nusbaum Realty Co. announced June 16. At more than 75,000 square feet, the new Buc-ee’s […]
Betting on success
Thousands of new jobs are flowing into Southern Virginia as Caesars Virginia prepares to open its permanent casino resort next year, and industries move into the region or expand. Meanwhile, local economic developers have been pitching the vacant 3,500-acre Southern Virginia Megasite at Berry Hill for megaprojects like electric [...]
PharmaVille
A coalition of public and private sector partners is hoping to write a new chapter for Central Virginia — and ultimately the country — in its mission to fight drug shortages and create low-cost medications. Anchored by wet labs and research and development in Richmond and manufacturing in Petersburg, the Alliance for Buildi[...]
Paying it forward
Virginia Business’ 2023 Virginia CFO of the Year award winners represent large and small businesses and large and small nonprofits. Small business | Jason Chesky, CFO Logenix International, Fairfax County Jason Chesky, chief financial officer at Fairfax County-based Logenix International, took a nontraditional route to corpora[...]
Chesapeake studying Greenbrier’s future
What’s the path ahead for Chesapeake’s Greenbrier community, a 12-square-mile area known as the city’s economic powerhouse? Consultants have been meeting with city departments, the business community and the public since January to craft a plan guiding Greenbrier’s future development. They also posted a survey on Chesape[...]
Va. edges up to No. 2 in CNBC poll
Cited once more for its educational prowess, Virginia moved from third place last year to second place this year in CNBC’s annual Top States for Business rankings. Our neighbor to the south, North Carolina, won the top spot for a second year in a row. “Virginia is our most decorated state, a five-time winner,” the [&hellip[...]
Sentara Halifax plans new, smaller hospital
Sentara Halifax Regional Hospital in South Boston is investing $70 million to construct a new acute care hospital to replace its aging predecessor, with completion set for late 2025 or early 2026. The new hospital will be about a third the size of the existing 300,000-square-foot facility, which is licensed for 192 beds. Sentara[...]
August 2023 Virginia 500 Spotlight: BYRON L. BOSTON
FIRST JOB: From my freshman year of high school through my senior year of college, I worked as an usher in St. Louis. It was a great first job — I worked major sporting events and at the Gateway Arch. HOBBY/PASSION: I’m very passionate about physical fitness, and kayaking is one of my favorite hobbies. […]
MBU program makes college more affordable
Entering her senior year at Waynesboro High School last fall, Emma Clark did not know whether higher education was in her future. The youngest of eight children, she was mindful that her father’s mechanic business had to provide for all her siblings. “I don’t have the access to money like other people would,” she says. [[...]
Parking repeal gives developers space
Opening a small business is never easy, but for many Richmond entrepreneurs, the city’s previous minimum parking requirements added extra hassle. Two years ago, when restaurant Africanne on Main relocated from its longtime downtown location to a spot near Virginia Commonwealth University’s Monroe Park Campus, city parking re[...]
The antacid
For every parent who’s ever downed a Prilosec-and-Maalox cocktail while making out an eye-popping college tuition check, there comes a moment when they may look askance at how universities are spending their money. After all, the same schools that send entreaties to contribute to billion-dollar capital campaigns have dramatica[...]
Bristol makes tourism marketing switch
After 38 years, Bristol, Virginia, has switched destination marketing organizations. On June 13, City Council passed a resolution designating Bristol Regional Tourism Marketing Corp., better known as Explore Bristol, as its new DMO, the agency responsible for promoting the area to tourists. The former DMO, Discover Bristol, oper[...]
