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Something in the Water will return to Va. Beach in 2023
Music superstar and Virginia Beach native Pharrell Williams announced Wednesday that his signature three-day music festival, Something in the Water, will again be held in Virginia Beach on April 28-30, 2023, after the festival moved to Washington, D.C., this summer. The inaugural Something in the Water festival was held on the V[...]
CoStar Group breaks ground on $460M Richmond expansion
Washington, D.C.-based CoStar Group Inc., a commercial real estate data and analytics provider, broke ground on its $460 million downtown Richmond expansion Tuesday. Announced in December 2021, the campus will include a LEED platinum certified 21-story, 425-foot tower, 750,000 square feet of office and retail space and another f[...]
Ferrum College president to step down
Ferrum College President David L. Johns will resign effective Nov. 7, the school announced Tuesday. The private college’s board of trustees will select an interim president as it begins a national search for its next president. Johns has been Ferrum College’s president since January 2018. “I am proud of all we have accomplished these past […]
GMU launches College of Public Health
George Mason University has rebranded its College of Health and Human Services as the College of Public Health in a move to address a critical need for skilled health professionals and research across the state. GMU announced the renaming Tuesday, following approval in late October by the State Council of Higher Education for Vi[...]
Noblis names VP, chief solution architect
Reston-based Noblis Inc. has named Jim Soltys vice president of business development and chief solution architect, succeeding Lisa Gardner, who was named vice president of the company’s federal civilian solutions mission area in late October. “We are fortunate to have someone like Jim ready to step into this role,” Gar[...]
Leidos completes acquisition of Aussie special missions biz
Reston-based Leidos has completed its acquisition of Australia-based Cobham Aviation Services’ special mission subsidiary from British technology aerospace manufacturer Cobham Ltd., the Fortune 500 federal contractor announced Monday. The $215 million deal was first announced in August. The acquisition adds airborne su[...]
Mighty Dream Day 1 focuses on diversity, equity
Grammy winning music superstar Pharrell Williams put on his business hat Tuesday in Norfolk, welcoming attendees to his Mighty Dream forum, which he likened to an event like the World Economic Forum in Davos, Switzerland, “but for marginalized communities.” The three-day forum kicked off with spoken-word poetry and a mighty [...]
Pharrell urges Norfolk to speed up Military Circle development
During a news conference before his three-day Mighty Dream forum kicked off Tuesday, music superstar Pharrell Williams said he is waiting for Norfolk to officially approve his development team’s Wellness Circle project at Military Circle Mall, noting, “I’ve been told many times that we won it. … You have to a[...]
Roanoke County day care begins $2.5M expansion
Children’s Nest Learning Center – Hollins broke ground Friday on its $2.5 million Roanoke County campus expansion, estimated to create 15 jobs. Children’s Nest’s current facility at 504 Dexter Road in the Hollins area has 105 child care slots. The company will develop an adjacent parcel to build a 7,000-square-foot facility, adding more than 150 […]
Vested interest
Eleven months into his first term in elected office, Gov. Glenn Youngkin can boast of several economic development successes and a few legislative wins, but one thing a lot of observers are discussing is his national profile and what it could mean in 2024. Youngkin — and his careful campaign to win over not only […]
Virginia Society of CPAs’ 2023 Economic Expectations Survey Results
Read VSCPA member interviews and more about the survey.
Exceeding expectations
In the greater Richmond region, local economic development authorities have been hard at work landing new business and securing expansions, and this year those efforts bore fruit, they say. In fact, 2022 has outpaced the past two decades, declares Jennifer Wakefield, the Greater Richmond Partnership’s president and CEO, [...]
