Living Legends
FRANK BATTEN JR. CHAIRMAN, DOMINION ENTERPRISES, NORFOLK Batten’s 13-year quest to sell his family’s newspaper holdings was accomplished in May 2021, when Paxton Media Group announced it was purchasing the Landmark Community Newspaper group of 47 daily and weekly newspapers. Landmark had previously sold off The Virginian-Pilot and The Roanoke Times, where Batten once worked […]
Big deals
CENTRAL VIRGINIA Chesterfield County: Carvana, an e-commerce platform for buying and selling used cars, plans to invest $25 million to establish a 191,000-square-foot vehicle inspection and reconditioning facility in the county with the potential to create more than 400 jobs. The project, announced in 2019, was delayed by the pa[...]
Virginia’s Fortune 500 companies
Once again, Virginia is well represented on the Fortune 500, with 22 companies from the commonwealth making this year’s list, which ranks the 500 largest publicly traded companies in the United States by total revenue. Mortgage finance company Federal Home Loan Mortgage Corp. (“Freddie Mac”) continues to top Virginia’s l[...]
A second, more nuanced victory for Virginia
In July, Virginia retained its place as CNBC’s Top State for Business, becoming the first state to achieve the honor twice in a row and five times in all. And yet, the commonwealth feels worlds away from July 2019, the last time the cable business news network released its rankings. Two years ago, Northern Virginia […]
Alexandria’s SPA lands $185M contract for Defense Threat Reduction Agency
Alexandria-based Systems Planning and Analysis Inc. (SPA) has signed a contract with the Defense Threat Reduction Agency, the company announced Tuesday. The $185 million contract will be for research, development, test and evaluation subject matter expertise advisory and assistance support, according to a news release from SPA. The work will be performed at Fort Belvoir, […]
Proposals for Norfolk’s Military Circle Mall redevelopment narrowed to 3
Three groups have submitted full proposals to the city of Norfolk to redevelop Military Circle Mall. In late 2020, Norfolk put out a call for developers to turn the struggling mall into a thriving mixed-use community. The city narrowed the list to four, but on Friday, just three proposals were released by the city, including [&h[...]
JULY FOR THE RECORD
Roanoke/New River Valley Appalachian Power in late May issued two requests for proposals to help the company comply with provisions of the Virginia Clean Economy Act. Under the VCEA, Appalachian Power must meet annual interim requirements as it works to achieve 100% carbon-free energy generation in its Virginia service territory by 2050. The utility is […]
Amazon reveals Arlington HQ2’s ‘Helix’ centerpiece
Despite lingering questions around when or how remote workers may return to office life following the pandemic, Amazon.com Inc. on Tuesday released fresh plans for the second phase of its $2.5 billion East Coast HQ2 headquarters in Arlington’s National Landing area, where it is gearing up to employ 25,000 people during the nex[...]
House advances bill to increase access to broadband internet
The House is set to pass a bipartisan bill that would provide increased access to broadband internet throughout Virginia. The bill, HB2304, sponsored by Del. Roslyn C. Tyler, D-Jarratt, passed unanimously Tuesday out of the Labor and Commerce Committee and was read for the whole House Wednesday for the first time. The bill makes permanent a […]
TCC names vice president of institutional advancement
Tidewater Community College in Norfolk has named Stan Turbeville as its vice president of institutional advancement. Turbeville brings 25 years of leadership experience to the post, including serving as vice president for college advancement for James Sprunt Community College in Kenansville, North Carolina, and working as director of marketing and public information for Guilford Technical […][...]
2020 Legal Elite — Business Law Profile
Title: Special counsel Other legal specialties: Corporate governance Education: Bachelor’s degree, Yale University; law degree, University of Virginia Spouse: Louanna Godwin Goolsby Children: Adelaide Rawles Goolsby First job as a lawyer: Associate, Hunton Williams Gay Powell & Gibson, in 1968 for a salary of $9,600 Fan of[...]
2020 Legal Elite — Bankruptcy/Creditors’ Rights Profile
Title: Shareholder Other legal specialties: Representing applicants for industrial security clearances before the Defense Office of Hearings and Appeals Education: Bachelor’s degree, James Madison University; law degree, Gonzaga University School of Law Spouse: Karen L. Laughlin First job as a lawyer: Law clerk to Special Tria[...]