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King George exploring second industrial park
King George County officials are negotiating with two landowners where the county wants to build a new industrial and technology park as it looks for a spot to lure more businesses. The existing 149-acre King George County Industrial Park is full, and there’s nothing to offer economic development prospects there. During th[...]
Framatome revamps nuclear training pipeline
A French nuclear power company with its United States headquarters in Lynchburg is ramping up hiring to meet a growing global need for clean, low-carbon energy. Framatome North America is recruiting for 200 positions in the U.S, about 125 of which are in Lynchburg, and it anticipates a “significant” number of additional open[...]
ACP expands pharmacy doctoral program to Abingdon
The Appalachian College of Pharmacy has expanded its Doctor of Pharmacy program to the Southwest Virginia Higher Education Center in Abingdon in response to increased post-pandemic demand for pharmacists. ACP aims to accommodate students from Abingdon and surrounding areas, helping to retain talent locally. Classes began at the[...]
Rocky Forge project faces stiff headwinds
Eight years after it was first proposed, Virginia’s first onshore wind farm remains grounded behind regulatory, legal and political obstacles. Charlottesville-based Apex Clean Energy first announced plans for its Rocky Forge wind farm in 2015. Apex aimed to have blades spinning by 2017 on 25, 550-foot-tall wind turbines on[...]
U.Va. biz school receives $50M donation from alum
A University of Virginia Darden School of Business alumnus and his wife, also a U.Va. graduate, have added $50 million to an earlier gift of $44 million for the business school, which adds up to the largest donation in Darden’s 68-year history. Philanthropists David and Kathleen LaCross made a $44 million donation in Octob[...]
Thalhimer hires exec to lead multifamily biz
Drew Harbrecht has joined Thalhimer as senior vice president and will lead Thalhimer Multifamily, the firm’s residential property services division. He joins from Charleston, South Carolina-based Greystar Worldwide, where he led a management portfolio of nearly 10,000 units in Central Virginia and the Washington, D.C., Mar[...]
Capital Square moves Glen Allen HQ
Glen Allen-based real estate company Capital Square has relocated to a new, expanded corporate headquarters in Henrico County’s Innsbrook area, not far from its original headquarters. Capital Square has subleased the space at 4851 Lake Brook Drive in the Innsbrook Corporate Center until March 2028. The new office, which is[...]
Northrop Grumman CEO to chair Greater Washington Partnership
Northrop Grumman chair, CEO and president Kathy Warden is adding a new title to her résumé. On Jan. 1, 2024, Warden will officially take over as chair of the Greater Washington Partnership. She will be the first woman, first nonfounder and first CEO of a global company to lead the board for the partnership, a […]
Skanska tops off VSU academic commons building
New York-based development and construction firm Skanska USA held a topping-out ceremony this week for the $120 million Alfred W. Harris Academic Commons building being built at Virginia State University. The 175,000-square-foot building replaces VSU’s Harris Hall and Daniel Gymnasium and consolidates its College of Humani[...]
Former Siemens exec charged in Dominion bid-rigging case
A retired Siemens Energy executive is facing a felony charge in an alleged conspiracy to steal its competitor’s trade secrets, helping the German energy company prevail in a winning bid to build a gas turbine “peaker” plant in Chesterfield County for Dominion Energy in 2019. John Gibson, of Winter Park, Florida, was charged in U.S. […]
Norfolk warehouse sells for $1.3M
A 10,044-square-foot office and warehouse building in Norfolk sold Tuesday for $1.3 million. The building, on 1.71 acres at 1301 Marsh St., was previously owned by Daughters Trust 3557. Piedmont Land Development bought the property, which is fully leased, as an investment. It is currently leased to Hepaco, an environmental clean[...]
Massive foundation posts arrive for Dominion’s offshore wind farm
The first eight monopiles, the wind-turbine foundation posts for Dominion Energy’s $9.8 billion offshore wind farm, arrived at Portsmouth Marine Terminal on Oct. 19, and state officials and Dominion executives celebrated their arrival from Germany Friday. In a ceremony Friday, Gov. Glenn Youngkin, Dominion Chair, President[...]
