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U.Va. Wise installs SMR control room simulator
U.Va. Wise installed a NuScale SMR control room simulator funded by a Virginia Clean Energy grant to train workers in advanced nuclear energy fields.
Petersburg rolls out temporary Live! Casino
Petersburg launched a temporary Live! Casino featuring 900 slot machines and 30 table games while the $1.4 billion permanent resort is under construction.
Winchester Council greenlights casino study
Winchester City Council approved a feasibility study for a casino and entertainment complex, with a potential referendum as early as 2028 pending state approval.
Norfolk airport undergoes $1B modernization
As passenger numbers at Norfolk International Airport grow past pre-pandemic levels, the airport is undergoing a $1 billion upgrade to expand service, attract new airlines and modernize the travel experience. The first major project in the effort was completed in February, when the airport opened its new $25 million internationa[...]
FOR THE RECORD: April 2026
CENTRAL VIRGINIA In early February, Henrico County-based Fortune 500 convenience store operator Arko closed its initial public offering of fuel subsidiary Arko Petroleum, raising $183.2 million. The distributor sold 11 million shares of its Class A common stock at $18 a share, after the IPO valued Arko Petroleum at about $819 mi[...]
NoVa data center development moves down I-95
Stafford County is experiencing rapid data center growth with three major projects underway and 18 in the pipeline, driven by developers like Vantage Data Centers.
VFP moves forward on $30M expansion in Scott County
VFP is investing $35 million to expand its Scott County facility, adding new buildings and jobs to support growing data center and utility infrastructure needs.
Northern Virginia focuses on strengths amid federal cuts
Northern Virginia's economy adapts to federal job cuts in 2025 by expanding defense tech, aerospace, AI, and data centers across Alexandria, Arlington, Fairfax, Loudoun, and Prince William.
Manufacturing-heavy Southwest Virginia captures new industries
Southwest Virginia sees major investments in manufacturing, indoor agriculture, and energy projects, boosting jobs and regional economic development in 2025.
Hitachi Energy powers up $457M expansion in South Boston
Hitachi Energy will invest $457 million to expand power transformer production in South Boston, creating 825 jobs and building the nation’s largest large transformer plant.
Preparation pays off in Shenandoah Valley
The Shenandoah Valley's economy grew in 2025 with a $3 billion Merck expansion, new food production facilities, and strong manufacturing investments.
Eli Lilly’s Goochland $5B plant to benefit region and beyond
Eli Lilly is investing $5 billion in a Goochland pharmaceutical plant to create 650 jobs and produce advanced therapies, strengthening Virginia’s pharma sector.
