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Economic Development

A catalyst for change
Apr 30, 2020

A catalyst for change

An unhappy customer was the engine for change at Alpha Omega Integration LLC — and is a major factor the Vienna-based information technology solutions company attributes to its success. Alpha Omega won an IT contract from the U.S. Department of State’s Bureau of Information Resource Management in 2018. But three weeks la[...]

Cash crop?
Apr 30, 2020

Cash crop?

Petunias, plants, strawberries, meat, tomatoes and more have been the primary revenue sources for Rolling Meadows Farms during the past 31 years. Tim Belcher took over the 400-acre Martinsville family farm in 1989 after his father retired. Now, the farm has a new product line and Belcher has high hopes that it could run neck [&h[...]

High-rise horizon
Apr 30, 2020

High-rise horizon

The numbers are mind-boggling. During the next decade, Amazon.com Inc. plans to develop about 6 million square feet of office space in Arlington County’s Crystal City, Pentagon City and Potomac Yard areas to accommodate the mammoth e-tailer’s new HQ2 East Coast headquarters. That’s almost as large as the bigges[...]

A watershed moment
Apr 30, 2020

A watershed moment

Only a few months ago, the economies of the historic port city of Norfolk and the greater Hampton Roads region, with which it is inextricably intertwined, were continuing to rebound after emerging from what Old Dominion University’s 2019 State of the Region report has called “the lost decade.” During the period from 20[...]

Charting growth
Apr 30, 2020

Charting growth

As the Virginia Chamber of Commerce marks its 25th year of celebrating the commonwealth’s 50 fastest-growing companies, this unfortunately will be the first year that Virginia’s Fantastic 50 award winners haven’t been recognized with an in-person event. Due to the coronavirus pandemic, this year’s Fantast[...]

Leveraging the past
Apr 30, 2020

Leveraging the past

Vernon Green served 20 years, five months and 18 days in the Army, retiring in 2014 as a chief warrant officer after three deployments to Iraq and one to Kuwait. Today he heads his own information technology and cybersecurity business responsible for 10 major government projects. And he hires veterans like himself. During his ti[...]

On deck
Apr 30, 2020

On deck

There’s massive work underway in the Hampton Roads maritime industry, with much more on the horizon. The region is hiring, big-time. But are there enough qualified candidates to fill the jobs? Regional leaders want to get ahead of the question, they say, considering the window of opportunity and what’s at stake for t[...]

Apr 21, 2020

Charlottesville Chamber launches local economic recovery initiative

The Charlottesville Regional Chamber of Commerce on Tuesday announced the launch of Project Rebound, a local economic recovery initiative to address the COVID-19 economic crisis. The project, hosted by The Chamber and economic offices at the University of Virginia, Albemarle County and the city of Charlottesville, aims to bring together local businesses to discuss challenges […]

The new Virginia’s Manufacturing Region group pools the resources of economic development organizations stretching from Lynchburg to Colonial Heights.
Mar 29, 2020

Regional group forms to bring in manufacturing jobs

Like many rural communities, Mecklenburg County relies on regional cooperation to boost its economy. A newly formed partnership — Virginia’s Manufacturing Region — is a regional coalition to market Southern Virginia as a top destination for manufacturing jobs. It’s a bit like a supergroup, with Virginia’s G[...]

“Over the last 10 to 15 years, you’ve seen a great transformation in Bristol,” says Beth Rhinehart, president and CEO of the Bristol Chamber of Commerce. Photo by Earl Niekirk
Mar 29, 2020

Crossing the line

A city famous for birthing country music and straddling the Virginia-Tennessee state line, Bristol, Virginia, has spent the last decade struggling to recover from the Great Recession and the coal industry’s steep decline. However, a new surge of economic life is reenergizing Bristol as it enters the 2020s. More visitors ar[...]

Appalachian Community Capital President and CEO Donna Gambrell
Mar 29, 2020

Opportunity Appalachia hopes to match investors, projects

A group of Southwest Virginia community leaders are helping regional entrepreneurs market their ideas to investors as part of Appalachian Community Capital’s multistate Opportunity Appalachia economic development initiative. Through the initiative, Appalachian Community Capital is seeking to match investors to 15 “shovel[...]

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 [...]

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