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Charles Carter is the 11th generation of his family to run Shirley Plantation. The oldest family-owned business in the United States, it has been run by his family since 1638. Photo by Caroline Martin
Sep 28, 2020

Thicker than water

“It isn’t personal. It’s just business.” Those phrases are too often used in the commercial world, but they just don’t apply when talking about most family-run enterprises. The business of running these companies is deeply personal. The priorities of family businesses “go well beyond financial concerns,” says B[...]

A projection of Black Union soldiers on Richmond’s Lee Monument, an art installation by local artists Dustin Klein and Alex Criqui. Photo by Kate Andrews
Aug 29, 2020

Staying strong

No one could have predicted 2020 would bring such dramatic changes. Civil unrest after the police killing of George Floyd in Minneapolis, coupled with a once-in-a-century pandemic, is accelerating social and economic changes around the country, including in the Richmond region. Once the capital of the Confederacy, Richmond began[...]

A $450 million upgrade of Norfolk International Terminals will be complete in December with the installation of two new ship-to-shore cranes. Photo courtesy Port of Virginia
Aug 29, 2020

Sailing for the horizon

Tariff wars and the COVID-19 pandemic delivered a one-two punch to the Port of Virginia, but officials are focusing on the positive as expansions are completed at the port’s two largest terminals, and a dredging project to make Virginia the East Coast’s deepest port is running ahead of schedule. The third-largest East Coast [...]

Lisa A. Bertini, owner of Virginia Beach-based Bertini Law PC, was forced to furlough her associate and receptionist due to the economic crisis caused by the pandemic. “It was unsettling,” she says. “I was worried about [paying] rent and meeting payroll.” Photo by Mark Rhodes
Aug 29, 2020

Law and disorder

The coronavirus pandemic shutdowns led some Virginia law firms to furlough employees and cut pay. Will an onslaught of COVID-19-related litigation be enough to prevent another wave of cutbacks? Bill Van Buren, president and chairman of Norfolk-based Kaufman & Canoles PC, estimates that staffing levels at law firms throughout[...]

On July 5, Dominion Energy and Duke Energy abandoned plans to build the $8 billion, 600-mile Atlantic Coast Pipeline, which was supposed to run from West Virginia through Virginia to eastern Northern Carolina. Photo courtesy Allegheny-Blue Ridge Alliance’s Pipeline Compliance Surveillance Initiative
Jul 29, 2020

Pipeline to progress?

Although Dominion Energy Inc. has pulled the plug on its $8 billion-plus Atlantic Coast Pipeline, natural gas remains a linchpin in the Richmond-based utility’s plan to shift from coal to renewable energy sources like wind and solar for electricity generation. Dominion announced over the Fourth of July weekend that it was aban[...]

This rendering shows a view of the Virginia Tech Innovation Campus’ academic space, which will be located along Potomac Avenue in Alexandria. Rendering by SmithGroup, courtesy Virginia Tech
Jul 29, 2020

Tech talent factory

Lance R. Collins was hired to lead Virginia Tech’s $1 billion Innovation Campus in one world, but he begins work Aug. 1 in another. But the Innovation Campus’ new vice president and executive director sees the disruption fueled by the pandemic and recession as only sharpening the mission of Tech’s initiative to create a te[...]

Jul 29, 2020

Commercial real estate firms

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Kastle Systems CEO Haniel Lynn (L) and Jennifer Burns with Monday Properties LLC practice social distancing at Arlington’s 1812 N. Moore St. building, where Kastle Systems has implemented a COVID-19 prevention system. Photo by Stephen Gosling
Jul 29, 2020

The new normal

For those returning to the office after months of working remotely, the novel coronavirus has turned the workplace into a potential microbial minefield. What danger lurks on the surface of the break room table? What invisible pathogens spread silently through the vents of the HVAC system? And what of the frequently used door han[...]

Virginia Credit Union’s attempt to add the Medical Society of Virginia’s 10,000 members is being disputed by the Virginia Bankers Association and seven community banks. Photo by Rick DeBerry
Jul 29, 2020

Blurred lines?

The battle between banks and credit unions is flaring up again and it could wind up before the Supreme Court of Virginia. Bankers say nonprofit credit unions are morphing into roles that look like traditional banks, becoming larger than many community banks while facing lighter tax and regulatory burdens, giving the credit union[...]

Arlington's leaders are seeking to make economic change equitable, says Libby Garvey, chair of the Arlington County Board of Supervisors. Photo by Stephen Gosling
Jul 29, 2020

The mouse that roars

Arlington County encompasses an area of just 26 square miles, making it geographically the smallest self-governing county in America. But in many ways, it is the mouse that roars. In November 2018, Arlington snagged the biggest economic prize in Virginia — and possibly U.S. — history when Amazon.com Inc. announced it would b[...]

Jul 1, 2020

Legislative Briefing

Virginia lawmakers considered an array of bills impacting businesses and the state economy. Here’s a look at some key actions taken during the 2020 session: Casinos Virginia lawmakers passed legislation opening the door for casinos but only in five localities: Bristol, Danville, Norfolk, Portsmouth and Richmond. A study by the Joint Legislative Audit & Review […]

Jun 30, 2020

Gifts of healing

When tech entrepreneur Pete Snyder and his wife, Burson, returned home to Charlottesville from taking their 5-year-old daughter to Walt Disney World this spring, they came home to a business community struggling after COVID-19 pandemic shutdowns. “Our view is we’re at war right now,” Snyder says. “It has two fronts: One [...]

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