Sign In
Free Newsletter
Frederick prepares for data center development
Increasingly, data center developers are eyeing sites in parts of the commonwealth outside Northern Virginia, the largest data center market in the world. Members of the Frederick County Board of Supervisors decided to put a game plan in place before those developers come to call. “We wanted to be ready,” says Wyatt Pearson,[...]
Officials envision new life for shuttered state campus
Summary CVTC closed in 2020, costing the region 1,600 jobs and $87M. Redevelopment plan envisions housing, retail, and light industry. Site includes 98 outdated buildings, many with asbestos. State allocated $6M for demolition to attract developers. [/box Lynchburg-area leaders want to see a second act for about 386 acres that w[...]
Post GreenCity, Henrico tries again
Henrico revives arena plans after GreenCity collapse, targeting a 17,000-seat venue by 2028 amid lawsuits.
$35B Capital One-Discover merger closes
McLean-based Capital One Financial completed its $35.3 billion acquisition of Discover Financial Services in May, finalizing the merger of the credit card giants announced last year. On April 18, Capital One received approval from the Federal Reserve and the Office of the Comptroller of the Currency to purchase Illinois-based Di[...]
Globalinx grows bandwidth at subsea cable station
Virginia’s “digital port” is significantly growing its capacity at Globalinx’s subsea internet cable landing station at Corporate Landing Business Park. A Virginia Beach-based carrier-neutral cable-landing station and data center operator, Globalinx finished construction on four new cable bores at its Sandbridge [...]
Lego to build $366M Prince George County warehouse
Lego will invest $366 million in a new warehouse in Prince George County, creating an estimated 305 jobs and expanding its U.S. logistics and distribution network.
Companies sue over Valley medical marijuana permit
Seven businesses are suing Virginia over a disputed medical marijuana permit in the Shenandoah Valley region, citing violations of FOIA and VAPA laws.
Heard Around Virginia May 2025
A roundup of monthly business news from regions across Virginia including Central Virginia, Northern Virginia and Hampton Roads.
New law to reduce Appalachian Power rates
Virginia passes the APCo Rate Reduction Act, cutting electric bills for Appalachian Power customers with new protections and lower fuel costs.
William & Mary earns coveted R1 research status
William & Mary achieved R1 status, joining Virginia’s top research universities. Learn how this historic school expanded research and doctoral programs.
Amherst county boosts industrial growth with new shell building
Amherst County unveils a 45,000-square-foot shell building and prepares new industrial sites to drive future economic growth and attract manufacturers.
Chesterfield County leads Virginia in population growth
Chesterfield County tops Virginia in population growth, fueled by new housing, remote workers, and major employers like Lego seeking a strong workforce.
