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Industries

L to R: Hitt Co-President Evan Antonides, CEO Kim Roy, Co-President Drew Mucci and Co-President Jeremy Bardin. Photo courtesy Hitt Contracting
Mar 1, 2024

Hitt Contracting promotes senior leadership

Falls Church-based general contractor Hitt Contracting announced Thursday four promotions and one retirement in its national business. Jeremy Bardin, Hitt’s co-president since 2017, will retire in December. Replacing Bardin as co-president, Evan Antonides has been promoted to oversee Hitt’s Southeast and Texas operations[...]

Mar 1, 2024

Buc-ee’s eyes Stafford for third Va. location

The most recognized — perhaps only — hat-wearing beaver in the travel center industry is eyeing a third location in Virginia, this time in Stafford County. Texas-based travel center chain Buc-ee’s has submitted a conditional use permit application to Stafford County for a 74,000-square-foot travel center with 120 fueling s[...]

Mar 1, 2024

Shentel to sell cell towers portfolio for $310.3M

Shenandoah Telecommunications (Shentel) has entered into an agreement to sell its portfolio of cellular towers and associated operations to Vertical Bridge Holdco for $310.3 million in cash, the Edinburg-based company announced Friday, a move that appears to largely transition Shentel out of the last remnants of its cellular pho[...]

Mar 1, 2024

Tegna expands contract with Comscore

Tysons-based Tegna, the nation’s largest owner of NBC-affiliate TV stations, has reached a multiyear deal with Reston-based Comscore, which will continue providing media metrics and audience measurement services across the broadcaster’s local TV, major affiliate and digital businesses, the companies announced Friday. Fin[...]

Historical January home sales in Virginia. Image courtesy Virginia Realtors
Mar 1, 2024

Va. housing market off to slow start in 2024

The housing market in Virginia had a relatively slow start in 2024, according to January data released Feb. 23 by Virginia Realtors. In January, 5,640 homes sold in the state, only 31 more sales than January 2023. Overall in 2023, Virginia home sales dropped 20% compared with 2022 and were the lowest the market had […]

Feb 28, 2024

Tourism: Game on

According to the state government, visitor spending across Virginia surpassed $30 billion in 2022, exceeding 2019 expenditures by 4.4%. Nevertheless, business travel still hasn’t returned to pre-pandemic levels, particularly in Northern Virginia. But leisure travel is back and booming. Hotel revenues were up 13% statewide in 2[...]

Feb 28, 2024

Chambers of commerce

STATEWIDE Asian American Chamber of Commerce Tysons | (571) 633-9754 asian-americanchamber.org Virginia Asian Chamber of Commerce Ashland | (804) 502-8081 aabac.org Virginia Black Chamber of Commerce Fredericksburg | (540) 216-0021 vablackchamberofcommerce.org Virginia Chamber of Commerce Richmond | (804) 644-1607 vachamber.com Virginia Hispanic Chamber North Chesterfield | (804) 378-4099 vahcc.com CENTRAL VIRGINIA Amelia County Chamber[...]

Feb 28, 2024

Virginia 500 Spotlight: ANEESH CHOPRA

FIRST JOB: Bellhop at a Ramada Inn outside of Princeton, New Jersey MOST VALUED POSSESSION: My wedding ring HOW I UNWIND FROM WORK: Playing tag with the kids in the backyard HOW I CHOSE MY CAREER: I was inspired by President Clinton to solve national problems through better use of technology. HOW I BALANCE MY […]

Feb 28, 2024

Professional Services: Making it legal

Continuing a trend of the past several years, mergers and growth continue to be in fashion among law firms. McGuireWoods, the largest firm headquartered in Virginia, has its eye out for new partners, firm Chairman Jon Harmon said in 2023. “I believe the legal industry is consolidating, and that, over time, there’s going to b[...]

Feb 28, 2024

Roanoke/New River Valley Big Deal: Banking on Roanoke

When Roanoke County economic development officials pitched Wells Fargo on expanding its customer support center operation in the county, they emphasized how well they’d taken care of the nation’s fourth-largest bank previously and how they would continue to do so. The pitch worked. Now the bank’s $87 million expansion will[...]

Feb 28, 2024

Old Dominion, new data

As available land for data centers in Loudoun County — home to Data Center Alley, the world’s largest concentration of data centers — has become scarcer and more expensive, the industry has expanded into other Northern Virginia localities and beyond. In Virginia, Prince William County has become the other heat map for the [...]

Feb 28, 2024

Economic Development: Keep on keeping on

In 2023, Virginia racked up another year of economic development wins in the manufacturing sector. Meanwhile, Gov. Glenn Youngkin continued his push toward producing more shovel-ready industrial sites in the state, one of his key priorities since taking office in January 2022. In November 2023, the U.S. Department of Energy anno[...]

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