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Mar 30, 2022

Remembering John T. ‘Til’ Hazel Jr.: 1930-2022

John T. “Til” Hazel Jr., a major force behind the development of Tysons Corner and several Fairfax County planned communities, died March 16 at age 91. An Arlington native, Hazel also was an attorney who graduated from Harvard University and Harvard Law School. In the 1950s, Hazel began promoting commercial and residential g[...]

Metrorail 7000 series cars, shown here at the West Falls Church station, have been offline since October 2021. Photo by Will Schermerhorn
Mar 30, 2022

Metro delays create hassles for businesses, workers

Metrorail delays played a factor in Danielle Romanetti’s decision at the beginning of the year to close fibre space, her Old Town Alexandria yarn and knitting supplies shop, an hour earlier each day. “We now close at [7 p.m.] instead of [8 p.m.], just so staff can get home in time to eat a proper […]

Virginia Business Editor Richard Foster
Mar 30, 2022

Rising to the challenges

Last summer, as I was eating dinner at a Norfolk bar with a group of my Lead Virginia classmates from far Southwest Virginia, one of them asked what decision makers in Richmond thought about their region. “Most of them don’t think about it at all,” I replied bluntly and not a little sadly. During my […]

Trex Co. Inc. is building its new headquarters in Winchester. Rendering courtesy Trex Co. Inc.
Mar 30, 2022

Trex starts HQ move to Winchester

Composite decking and railing manufacturer Trex Co. Inc. broke ground in January on its new $7 million global headquarters in Winchester. The 64,000-square-foot office facility will be located on 8 acres along Crossover Boulevard near Interstate 81. The company’s corporate offices are currently located on Exeter Drive in Frede[...]

“Those of us that live here used to joke that we need to educate folks that Virginia doesn’t end at Roanoke,” says Cathy Lowe, executive director of the Virginia Highlands Small Business Incubator. Photo by Earl Neikirk
Mar 30, 2022

Rising in the Southwest

Through decades of owning her own beauty salon and later a gift shop in downtown Abingdon, Cathy Lowe developed an interest in economic development. In 2006, she decided to run for town council and won — ultimately serving for 12 years, including six as vice mayor and two as mayor. Throughout her career, Lowe, who […]

AeroFarms’ Cane Creek Centre facility will use a vertical farming system it says is much more productive than growing outside. Photo courtesy AeroFarms
Mar 30, 2022

AeroFarms plants roots in Cane Creek Centre

AeroFarms won’t harvest the first crops at its new Cane Creek Centre facility until summer, but the company is already expanding. In December 2019, the Newark, New Jersey-based indoor agriculture company announced it would invest $42 million and create 92 jobs in the 136,000-square-foot facility building in the industrial park[...]

Mar 25, 2022

Bermuda insurer to establish U.S. HQ in Henrico

Bermuda-based Hamilton Insurance Group Ltd. will invest at least $415,000 to establish the U.S. headquarters of its subsidiary in Henrico County, a project estimated to create more than 70 jobs, Gov. Glenn Youngkin announced Friday. Hamilton’s wholly owned subsidiary, Hamilton Select Insurance Inc., is a commercial insurer tha[...]

Mar 24, 2022

Peraton receives $254M State Department award

Herndon-based Peraton Inc. has been awarded a five-year, $254 million contract to support the State Department’s Diplomatic Security Service’s cybersecurity operations. The federal contractor announced the award Thursday. Under the contract, Peraton will provide cyber support, including incident management, threat analysis and penetration testing. Peraton will also help the department protect its global IT infrastructure [&h[...]

Mar 24, 2022

Richmond, Capital One offering restaurant 101 seminar

The city of Richmond’s Office of Minority Business Development, in partnership with Capital One, will offer a free information session for current and prospective restaurant owners in April, covering topics such as setting menu prices, meeting city requirements and creating improvement plans. Award-winning Richmond chef, r[...]

Mar 24, 2022

Hilb Group acquires N.J. risk management firm

Henrico County-based insurance company The Hilb Group LLC announced Thursday that it has acquired New Jersey-based E.B. Cohen Insurance and Risk Management. Financial terms of the transaction were not disclosed. “E.B. Cohen aligns perfectly with our strategy for growing among industry leaders — bringing a terrific histor[...]

Mar 24, 2022

Perdue AgriBusiness plans $59M Chesapeake expansion

Perdue AgriBusiness will invest $59.1 million and expand operations in the city of Chesapeake, Gov. Glenn Youngkin’s office announced Thursday. The company, an affiliate of Perdue Farms Inc., will modernize facilities and increase production of high protein soybean meal, soybean oil and hulls. The expansion will position P[...]

Mar 23, 2022

Richmond pares down Diamond District developer pool

Story updated, March 24 at 11:45 a.m. The city of Richmond announced Wednesday that six competing development teams have been chosen out of 15 applicants to continue in the competition to redevelop the Diamond District area near the Richmond Flying Squirrels’ stadium. The city requested applications late last year for the [...]

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