Sign In
Free Newsletter
Richmond casino sites are up for grabs
With a future casino at least temporarily off the table in Richmond, two of the three land parcels that hopeful developers had been eyeing as future casino sites are back on the market, while the third will remain a movie theater. In spring 2021, city officials selected Urban One Inc.’s proposal to build a $565 […]
Pembroke Mall to get makeover
Hanging out at the mall may soon take on new meaning in Virginia Beach. Within a few years, Pembroke Mall could be home to thousands of apartment dwellers as part of a $200 million makeover of the vintage 54-acre retail property announced in November 2021. “All we’re doing is changing with what the customer desires,” [[...]
FOR THE RECORD
CENTRAL VIRGINIA AutoZone Inc. plans to build a $185.2 million warehouse and distribution center in New Kent County, creating 352 jobs, Gov. Glenn Youngkin announced in February. The 800,000-square-foot facility will serve as the auto parts company’s East Coast distribution operation. Based in Memphis, Tennessee, AutoZone has more than 6,000 stores nationwide and reported $14.6 […]
Coalfields Expressway: Mostly unfinished and unfunded
Progress on a proposed 115-mile federal highway to improve transportation connectivity between Southwest Virginia, West Virginia, Tennessee and Kentucky has been crawling in the commonwealth. Authorized by Congress in 1995, the Coalfields Expressway (CFX) — U.S. Route 121 — would run from U.S. Route 23 in Pound to Inter[...]
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[...]
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 […]
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 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 F[...]
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 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 [...]
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[...]
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[...]
