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Farmville SEED hub seeks to grow innovation
Luther Cifers launched fishing equipment company YakAttack LLC in 2009 out of his friend’s basement, and he moved to the garage to create prototypes of its gear. Now, he is putting in work so future entrepreneurs will have a dedicated space for their projects. The Farmville SEED Innovation Hub, slated to open in late fall,[...]
Tech researchers aim to transform power grid
Across the American landscape about 3,000 more wind turbines have popped up every year since 2005, and more than 2.7 million homes in the U.S. now sport solar panels. The power grid also is transforming, but the system is still better suited to centralized coal-fired plants, not widely dispersed sources of renewable energy. A fo[...]
It’s back!
Of all those whom Pharrell Williams has made happy, Virginia Beach government officials and business owners could be at the top of the list with the return of the music superstar’s Something in the Water this spring. Williams’ three-day music festival debuted in April 2019 at the Oceanfront and was a smash hit, with [...]
Incubator hopes to grow Virginia winemaking
Tim and Ben Jordan are first-generation grape growers on a Shenandoah Valley farm that has been in their family since the 1700s. Although the brothers “leapt off the ground quite blindly” to pursue their passion, Tim Jordan says — first planting grapes in 2007 — their dream of building a winery on the farm proved [&hel[...]
Danville lacks housing options for workforce
Danville is having a “Field of Dreams” dilemma. The famous movie quote, “If you build it, they will come,” rings all too true in the former mill town, which is attracting companies to its industrial parks and old Dan River Mills properties, along with a $650 million casino. It’s good news on paper, but where [&hell[...]
Fort Monroe development moving forward
Apartments, a 250-person event center, a boutique hotel, a 500-seat restaurant, a marina and a firing range will soon dot the landscape at Fort Monroe with the help of historic tax credits, public funds and private investment. Hanover County-based Echelon Resources Inc. was named master developer by the Fort Monroe Authority for[...]
StartVirginia: Feb. 2023 Heard around Virginia
Vienna defense contractor Aeyon is continuing a trajectory of growth and expansion with new work for NASA, and it hopes to open the door to work with other agencies. Aeyon’s latest win is through MM Technologies, a joint venture between Aeyon subsidiary Manufacturing Technical Solutions and Tysons-based MDW Associates. It landed a $516.9 million indefinite-delivery/indefinite-quantity […][...]
Lynchburg area needs more industrial sites
Megan Lucas knows all too well that no product means no project in economic development, especially when it comes to pad-ready sites and move-in-ready buildings. The lack of pad-ready sites and industrial spec buildings in the Lynchburg region is the major reason the area has missed 65 economic development opportunities that cou[...]
Boeing receives $2.25B Air Force tanker contract
Arlington-based Boeing Co. will help the Air Force expand its fleet of KC-46A Pegasus tanker aircraft under a $2.25 billion contract modification announced by the Pentagon Friday. The award covers the service’s ninth production lot and includes 15 of the tankers as well as data, subscriptions and licenses. To date, 68 KC-4[...]
Norfolk’s MacArthur Center mall listed for sale
Downtown Norfolk’s struggling mall, MacArthur Center, is officially on the market. A listing from real estate company JLL describes the 23-acre property as “a compelling redevelopment opportunity.” The listing encourages prospective buyers to “reimagine a major asset in the Norfolk [central business distr[...]
Atlantic Union Bank names CIO
Matt Linderman is Atlantic Union Bank’s new chief information officer, the bank’s Richmond-based holding company, Atlantic Union Bankshares Corp., announced Friday. Linderman was previously the chief technology officer of PNC Financial Services Group Inc. Prior to that, he was PNC’s senior vice president of dat[...]
Petersburg casino bill moves to Senate committee
A Virginia State Senate bill that would allow Petersburg residents to vote on allowing a casino in their city is still in play, following a 7-2 vote by the Senate gaming subcommittee Thursday. The bill will progress to a General Laws and Technology committee vote Wednesday. The bill from Sen. Joe Morrissey, D-Richmond, adds Pete[...]
