States join forces to battle Beltway bridge bottleneck
When the governors of Virginia and Maryland announced plans in November to replace the aging American Legion Bridge, it may have sounded like a chorus of angels to woebegone commuters who make their way across the Potomac River each weekday. “A new bridge means commuters will get to work and back home faster,” said Gov. [&he[...]
Follow up: Casino gaming could create 7,600+ jobs
Five proposed casinos, sports wagering and online casino gaming would directly create about 7,600 jobs, according to projections released in late November by the Joint Legislative Audit and Review Commission. However, the five casinos combined would generate $367 million in net annual state tax revenue — less than the Virgin[...]
State, CSX announce $3.7B in passenger rail improvements
The state and Jacksonville, Florida-based CSX Corp. announced Thursday they would invest $3.7 billion in improving train service between Richmond and Washington, D.C., including building a new bridge across the Potomac River dedicated to passenger and commuter rail. The improvements are set to start in the second half of 2020 an[...]
Fairfax County EDA CEO honored for collaborative leadership
Victor Hoskins, president and CEO of the Fairfax County Economic Development Authority, received the Ronald Kirby Award for Collaborative Leadership this week from the Metropolitan Washington Council of Governments, the FCEDA announced Friday. The award recognizes non-elected government executives who work collaboratively with e[...]
Danville’s Telly Tucker will lead Arlington Economic Development
Telly Tucker, director of economic development in Danville, is leaving next month to lead Arlington County’s economic development department, the city of Danville announced Thursday. “It was a tremendous opportunity,” Tucker said Thursday in a phone interview. “My heart will always be in Danville for the opportunity [...]
General Dynamics awarded $118M Army contract
Reston-based General Dynamics Information Technology (GDIT) has been awarded a $118 million contract to provide mission support to the U.S. Army’s Department of Information Network, GDIT announced Thursday. GDIT will provide broad IT and cybersecurity support to Network Enterprise Technology Command, Army Cyber Command and Chief Information Officer/G-6 out of Fort Huachuca near Sierra Vista, […][...]
Breeden Construction tapped to build apartment complexes
Virginia Beach-based Breeden Construction LLC has been named general contractor for apartment complexes in Richmond, Hampton Roads and Northern Virginia valued at a total of approximately $105 million, Breeden announced this week. Construction began in fall 2019 on the Hampton Roads and Richmond properties and the Northern Virginia property will begin in early 2020. The […]
Go Virginia awards $5.8 in regional grants
Nine regional projects will receive a combined $5.8 million in Growth and Opportunity for Virginia (GO Virginia) funding, Gov. Ralph Northam announced Wednesday. The grants, which were approved by the Go Virginia Board and the Virginia Department of Housing and Community Development, will support regional economic development and workforce development initiatives and encourage collaboration among local […][...]
Alion opens its new Tysons headquarters
Alion Science and Technology Corp., an engineering solutions provider for defense and intelligence agencies, has moved into its new headquarters at the Boro Tower in Tysons. Alion is leasing 14,000 square feet of space in the 20-story building, which was jointly developed by The Meridian Group and Rockefeller Group. Alion relocated from its previous headquarters at 1750 […]
Centauri acquires two Ohio companies
Chantilly-based Centauri has acquired two companies in Dayton, Ohio. Centauri, which describes itself as a provider of high-end space, intelligence, directed energy and cyber solutions, did not disclose how much it paid for Design Knowledge Co. (TDKC) and PreTalen Ltd. TDKC’s business involves microelectronics trust and assurance, space domain awareness and advanced visualization for enhanced situational awareness. PreTalenR[...]
Truist names three Virginia regional bank presidents
Truist Financial Corp., the Charlotte, North Carolina-based mega bank created in December following the merger of BB&T and SunTrust, announced Tuesday it has named 24 regional presidents, three of whom will oversee the Virginia market. “Our ability to leverage our unique community model with its decentralized, regional str[...]
Unionized GMU workers report wage increase
More than 200 Sodexo food service workers at Fairfax-based George Mason University will see an average 12% wage increase as a result of the workers’ first ratified union contract with New York-based labor union Service Employees International Union, Local 32BJ, the union announced Monday. Under the agreement that expires June 2024 for food service workers […]