Sign In
Free Newsletter
Caesars Virginia casino opens in Danville
On May 15, the first bets were taken at the 40,000-square-foot temporary Caesars Virginia casino in Danville, while a $650 million permanent resort casino is being built next door. The temporary casino looks like a simple white tent on the outside, but the inside feels “very much like you’re in any casino in the country,” [...]
Riverdale project could be ‘transformative’
Partnering with the city of Roanoke, developer Ed Walker started redevelopment of 100 acres encompassing the sprawling, former campus of American Viscose, a rayon plant that closed in 1958. “This is a chance we have as a community to really do something transformative,” Roanoke Economic Development Director Marc Nelson say[...]
Poll: Nation thinks NoVa should get FBI HQ
Nearly two-thirds of surveyed voters think a new FBI headquarters to replace the agency’s crumbling Washington, D.C., home should be built in Virginia. That’s according to a national survey released in late April by the Virginia Chamber of Commerce. More than a decade in the works, the move is being handled by the U.S. Gener[...]
Shenandoah Valley Partnership launches capital campaign
Shenandoah Valley Partnership (SVP) is raising $1.7 million through its first capital campaign, Forward2028, to fund a five-year plan aimed at business and workforce attraction and retention. The region’s manufacturing sector alone has 3,100 job openings due to older workers retiring and companies ramping up production, says J[...]
Something in the Water brings crowds back to beach
Pharrell Williams’ Something in the Water made a splashy comeback to Virginia Beach from April 28-30, although wind and rain delayed the music festival’s start, and lightning and a tornado watch canceled the entire last day. Organizers promised attendees a one-third refund for tickets, which sold for $125 to $600. Williams, [...]
Richmond City Council approves Diamond District
Richmond City Council voted unanimously May 8 to approve the $2.44 billion Diamond District project, which includes a replacement for the aging stadium that’s home to the Double-A Richmond Flying Squirrels baseball team. The Diamond District’s first phase, expected to cost $627.6 million, includes a 9,000-capacity, $90 milli[...]
For The Record June 2023
CENTRAL VIRGINIA Henrico County-based Fortune 500 tobacco manufacturer Altria Group Inc. settled at least 6,000 state and federal lawsuits related to its stake in Juul Labs Inc. for $235 million in May. The settlements will be paid in the second quarter of 2023. Altria purchased a 35% stake in e-cigarette company Juul for $12.8 billion […]
Va. Beach economic development director to depart
Taylor V. Adams, Virginia Beach’s deputy city manager and director of economic development, confirmed Tuesday night he will be leaving Virginia Beach after eight years. He will become the next president and CEO of the Economic Development Authority of Western Nevada (EDAWN), he said Wednesday. His last day is June 30. Last[...]
Charlottesville regional chamber names prez and CEO
Natalie S. Masri will assume the role of president and CEO of the Charlottesville Regional Chamber of Commerce on June 1, the chamber announced Tuesday. She succeeds Andrea Copeland, who has served as the chamber’s interim president since February and will become the chamber’s chief operating officer. Masri most recently fou[...]
2,000 Amazon employees move into HQ2 during first week
About 2,000 employees moved into the first open tower at Amazon.com Inc.’s $2.5 billion HQ2 East Coast headquarters in Arlington this week. Floors 1-14 of Merlin, one of Amazon’s two 22-story office towers in Metropolitan Park, the first phase of HQ2, opened Monday. The tech giant anticipates opening the remaining floors[...]
General Dynamics subsidiary to build ninth Navy oiler
A subsidiary of Reston-based General Dynamics Corp. has received a $736 million contract modification for detail design and construction of the ninth replenishment oiler in the Navy’s John Lewis-class fleet, the Pentagon announced Monday. San Diego-based National Steel and Shipbuilding Co. is expected to begin construction of T-AO 213 in the third quarter of 2025. […]
Auto parts manufacturer to expand in Emporia
Heyco Werk USA Inc., a subsidiary of Germany-based automotive parts manufacturer Heyco Group, plans to invest $5.4 million to expand its operations in Greenville County, adding 21 jobs, Gov. Glenn Youngkin announced Thursday. The location produces precision plastic molder parts for the auto industry and other industrial markets.[...]
