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Economic Development

Tysons, Fairfax County. Depositphotos
Jun 24, 2026

Fairfax hires new economic development CEO

George D. Thomas will start his new role in August as president and CEO of FCEDA.

A rendering of Sandberg Development's U.S. headquarters planned for Prince William County's Innovation Park. Image courtesy Prince William County
Jun 23, 2026

Swedish firm Sandberg to build US HQ in Prince William

Sandberg Development plans to build its United States headquarters in Prince William County's Innovation Park.

Depositphotos
May 27, 2026

Manufacturer Jabil to open plant in Prince George, creating 352 jobs

Jabil plans to establish a new manufacturing facility at Crosspointe Logistics Center in Prince George County, creating 352 jobs.

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May 21, 2026

Arlington County taps new economic development director

Arlington County has named Anna Nissinen of the Fairfax County Economic Development Authority as its new chief economic development officer.

Tourism related to America’s 250th birthday is up, says Christy S. Coleman, executive director of the Jamestown- Yorktown Foundation, which saw May guided tours getting booked last August. Photo by Matthew R.O. Brown
Apr 29, 2026

Virginia tourism sites bank on America’s 250th birthday

Virginia tourism sees increased attendance driven by the 250th anniversary of the Declaration of Independence and statewide semiquincentennial events.

SAIC Ventures’ Michael Hauser speaks Feb. 11 at the National Innovation Quarter launch at the National Landing Experience Center. Photo by Conor McLaren Photography, courtesy National Innovation Quarter
Apr 29, 2026

Innovation district takes off in NoVa

National IQ innovation district in Arlington County advances with founding partners Amazon, Northrop Grumman, and JBG Smith driving tech and national security initiatives.

H. Garrett Hart III. Photo courtesy Chesterfield County
Apr 29, 2026

Chesterfield economic development director to retire in January

Chesterfield economic development leader Garrett Hart will retire after helping secure more than $12 billion in investment.

Corrie Teague Bobe. Photo courtesy City of Danville
Mar 25, 2026

Bobe to leave Danville economic development for regional foundation

Corrie Teague Bobe is stepping down as Danville's director of economic development and tourism to join the Danville Regional Foundation as director of economic development and regional collaboration.

Post GreenCity, Henrico tries again
Mar 20, 2026

S.B. Cox wins demolition contract for former Best Products HQ

Richmond-based demolition company S.B. Cox will tear down the former Best Products headquarters in western Henrico County.

Katie Cristol
Mar 13, 2026

Tysons Community Alliance CEO resigns

Tysons Community Alliance CEO Katie Cristol is resigning from the organization and expected Friday to be her last day.

AstraZeneca CEO Pascal Soriot and then-Gov. Glenn Youngkin announced the company’s planned $4.5 billion plants in October 2025. Photo by Kaitlyn DeHarde, Office of Gov. Glenn Youngkin
Mar 2, 2026

Preparation, pandemic helped Virginia land Big Pharma deals

Virginia attracted $12 billion in pharmaceutical manufacturing investments in 2025, leveraging site readiness, workforce training, and strong infrastructure.

Multibillion-dollar data center campuses were announced in Louisa, Caroline and Stafford counties in 2025. Photo by Adobe Stock
Mar 1, 2026

Giant economic development deals took spotlight in 2025

Virginia's 2025 saw major data center and pharmaceutical investments driving growth despite federal workforce declines and budget challenges.

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