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Valley views attract scenic train tours
The views Steve Powell and his employees at Buckingham Branch Railroad see daily while riding the rails inspired him to launch the Virginia Scenic Railway. “There are a lot of people that love railroads, and we love sharing our railroad. It‘s a unique way of seeing the Virginia scenery instead of riding on the interstate[...]
Radford Army plant contract extended through 2026
While the contract extension for operation of the sprawling Radford Army Ammunition Plant is reassuring from an economic development perspective, it also has sentimental value to the community. “The Radford Army Ammunition Plant means a lot to our BAE Systems workforce, but also to the generations of families in our community [...]
Agriculture conference headed for Danville
A new conference for the controlled environment agriculture (CEA) industry will debut Oct. 25 at the Institute for Advanced Learning and Research (IALR) in Danville. One goal behind the event, dubbed CEA Summit East, is “highlighting some of the CEA growth that’s happening in Virginia — and particularly in Southern Vir[...]
Dollar Tree names new C-suite execs after shakeup in June
After a C-suite shakeup this summer, Chesapeake-based Fortune 500 discount retailer Dollar Tree Inc. is filling spots on its leadership team. This week, the company named a new chief operating officer and chief development officer. On Monday, Dollar Tree named Michael Creedon Jr. chief operating officer. Creedon had been with Ad[...]
Virginia Realtors elect Winchester broker as prez
Virginia Realtors, the state’s largest trade association, has a new president and slate of officers for 2023. Katrina M. Smith, of the Blue Ridge Association of Realtors, will lead the group for the next year. She is the broker and owner of RE/MAX Synergy in Winchester and has been a Realtor since 2005. She led […]
Titanium company investing $82.1M in Halifax County
Charlotte, North Carolina-based IperionX Ltd., a minerals company that produces titanium metal powder for use in manufacturing, announced plans to establish Virginia’s first titanium demonstration facility in Halifax County, an investment of $82.1 million expected to create 108 jobs, Gov. Glenn Youngkin announced Tuesday. [...]
Conways make $13M donation to VCU nursing school
McLean philanthropists Joanne and William E. Conway Jr. have given $13 million to Virginia Commonwealth University’s School of Nursing, the university announced Monday. The gift is the largest in the school’s history and will provide more than 1,000 undergraduate and doctoral students with scholarships over the next [...]
ECS Federal receives contract valued up to $429.5M
Fairfax-based ECS Federal LLC has received a contract valued up to $429.5 million from the Defense Information Systems Agency to improve security and reduce risk across the Army’s computer networks, the Pentagon announced Friday. Work will be performed on behalf of the U.S. Army Network Enterprise Technology Command starting Sept. 29 through March 28, 2023, […]
Evermade Foods to expand Fauquier County operations
Warrenton-based Evermade Foods is investing $110,000 to expand its manufacturing operations and add 46 jobs, Gov. Glenn Youngkin announced Monday. Evermade Foods is a co-manufacturer of prepared meals sold under private labels at grocery stores and through meal subscription services. The company has invested $1.7 million in buil[...]
17th Street Lofts sells for $4.65M in Richmond
An apartment building in the city of Richmond has changed hands. BP I LLC purchased the 17th Street Lofts, located at 329-333 Oliver Hill Way, from 333 Oliver Hill LLC for $4.65 million, One South Commercial reported. The 20,300-square-foot space includes 24 units and was purchased as an investment. Ryan Rilee and Tom Rosman of [...]
Norfolk industrial property sells for $7.3M
A 60,900-square-foot industrial property in Norfolk has been sold for $7.3 million, Colliers announced Sept. 20. Miami-based Jewell Capital LLC acquired the Brookside Industrial building, 4840 Brookside Court, from Maryland-based Hemsman Properties. The property in Norfolk Industrial Park is leased to regional distribution hubs[...]
22 acres in Innsbrook to be developed into mixed-use
Newton, Massachusetts-based Northland has acquired 22 acres to build a mixed-use development at the “North End” of the Innsbrook area in Henrico County, from Raleigh-based Highwoods Properties. The site is located on the north end of the Innsbrook Corporate Center, at the Intersection of Interstate 95, Nuckols Road and Lake [...]
