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Taubmans give $25 million for Carilion cancer center
Carilion Clinic will soon break ground on a new building for an expanded cancer program thanks to a $25 million gift from a Star City family, the largest ever made to the nonprofit health care system. The gift from former Advance Auto Parts CEO Nicholas Taubman, also a past U.S. ambassador to Romania, and his […]
U.Va. hotel, conference center expected fall 2025
To fulfill a need for a new comprehensive conference space in Charlottesville, the University of Virginia is set to welcome the Virginia Guesthouse hotel and conference center in fall 2025. The new facility will feature 214 guest rooms, including nine suites. The approximately 224,000-square-foot Virginia Guesthouse will offer c[...]
NoVa residents feel pressure to pay high rent, mortgages
A spring survey showed more than half of residents polled in the greater Washington, D.C., area are concerned with making rent or mortgage payments in 2023, highlighting the lack of affordable housing in the nation’s fourth largest metropolitan area. Fifty-two percent of D.C., Maryland and Virginia residents polled by Gallup a[...]
W&M gets $100 million boost for coastal research
Jane Batten, the matriarch of a Hampton Roads family known for philanthropy, pledged $100 million to William & Mary in July to boost coastal and marine science research toward finding global solutions for flooding and sea-level rise. The newly named Batten School of Coastal & Marine Sciences will expand the Virginia Inst[...]
Watch this space
To understand office vacancy rates in Northern Virginia, Art Greenberg, the Washington, D.C.-based vice chairman for tenant advisory firm Savills Inc., employs the turkey sandwich test. In short, he explains, today’s workers want an office building where they can walk a block or two and find a half-dozen places to get a turkey[...]
North Anna gets federal OK to operate through 2060
The Nuclear Regulatory Commission has approved 20-year extensions for North Anna Power Station’s two nuclear reactors, allowing them to operate through 2058 and 2060, Dominion Energy announced Wednesday. The two reactors in Louisa County were originally licensed to operate for 40 years, beginning in 1978 and 1980, and in 2[...]
Serco wins $323M contract for Space Force base construction
Herndon-based technology and management contractor Serco Inc., a subsidiary of United Kingdom-based Serco PLC, has won a contract worth an estimated $323 million for construction work at the U.S. Space Force’s Pituffik Space Base in Greenland. Under the four-year U.S. Army Corps of Engineers contract, which Serco announced las[...]
V2X lands up to $747M Navy contract
V2X has received an up to $747 million U.S. Navy contract to maintain F-5 supersonic fighter jets used in military training exercises, the McLean-based Fortune 1000 aerospace and defense contractor announced Monday. Under the single-award, indefinite-delivery, indefinite-quantity contract, V2X will be responsible for providing c[...]
Norfolk biopharma company appoints CEO, chief R&D officer
Norfolk-based biopharma company ReAlta Life Sciences has appointed David Marek its CEO and Paolo Martini its chief research and development officer, the company announced Thursday. “I am confident that David and Paolo are the ideal leaders for these two pivotal roles,” Edward A. Heidt Jr., chairperson of ReAlta’s board of [...]
South Asian yogurt manufacturer to open Frederick County facility
Desi Fresh Foods, a producer of Indian-style spoonable and drinkable yogurt products, is opening a new manufacturing facility in Frederick County, creating 56 jobs, Gov. Glenn Youngkin announced Friday. The New York-based company will “invest a significant amount of money to open a new manufacturing facility,” according to a news release. Desi Fresh Foods and […]
Fahrenheit Advisors hires Hampton Roads leader
Richmond consulting firm Fahrenheit Advisors has hired Stephen Hoy as managing director of business development for the Hampton Roads area, the company announced Monday. Hoy will develop new relationships and support existing clients from Williamsburg to Virginia Beach. Most recently, Hoy was director of sales and strategic [...]
Hand-built electric classic sports cars to be built in Danville
RBW Sports & Classics, a United Kingdom manufacturer of hand-built electric vehicles that have designs inspired by British sports cars from the 1960s and 1970s, plans to invest $8 million to establish a manufacturing facility at Cane Creek Centre in Danville, Gov. Glenn Youngkin announced Thursday. The project is expected [...]
