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March 2024

Mar 1, 2024

The Power 50

Power can be measured by metrics such as wealth and how many people you lead, as well as what one does with that power. Is your company undertaking bold growth strategies? Are you the visionary executive leading huge initiatives? Are you bringing massive infrastructure projects to fruition or making seismically impactful philant[...]

Feb 28, 2024

Northern Va. Big Deal: Safari in Spotsy

A high school marching band, a giant seafood boil and an enthusiastic crowd of about 200 people helped celebrate the Oct. 20, 2023, groundbreaking for the $900 million, 1.38 million-square-foot Kalahari Resort in Spotsylvania County. The fifth African-themed resort from the privately owned, Wisconsin-based Kalahari Resorts &[...]

Feb 28, 2024

Shenandoah Valley Big Deal: Advance guard

Northrop Grumman’s $200 million investment to establish an advanced electronics manufacturing and testing facility in Waynesboro paves the way for long-term growth for the Shenandoah Valley, local officials hope. “It is a huge win for us,” says Jay Langston, executive director of the Shenandoah Valley Partnership. “If No[...]

Feb 28, 2024

Getting off the ground

When Sid Pailla applied to join Richmond-based accelerator Lighthouse Labs in 2020, he had an idea, a product and early customers but, he acknowledges, “at the end of the day, we didn’t exactly have a business.” Sunny Day Fund, Pailla’s Falls Church startup, offers an emergency savings platform to which employers contrib[...]

Feb 28, 2024

New options, new audiences

As more students and their families question which colleges present the best return on their big investments, many are choosing to play it safe. That often means starting at community college or public universities while living at home, with others postponing post-secondary education or considering other options. The impact of c[...]

Feb 28, 2024

Tourism: Game on

According to the state government, visitor spending across Virginia surpassed $30 billion in 2022, exceeding 2019 expenditures by 4.4%. Nevertheless, business travel still hasn’t returned to pre-pandemic levels, particularly in Northern Virginia. But leisure travel is back and booming. Hotel revenues were up 13% statewide in 2[...]

Feb 28, 2024

Chambers of commerce

STATEWIDE Asian American Chamber of Commerce Tysons | (571) 633-9754 asian-americanchamber.org Virginia Asian Chamber of Commerce Ashland | (804) 502-8081 aabac.org Virginia Black Chamber of Commerce Fredericksburg | (540) 216-0021 vablackchamberofcommerce.org Virginia Chamber of Commerce Richmond | (804) 644-1607 vachamber.com Virginia Hispanic Chamber North Chesterfield | (804) 378-4099 vahcc.com CENTRAL VIRGINIA Amelia County Chamber[...]

Feb 28, 2024

Roanoke/New River Year-in-Review: Meeting the demand

The Roanoke and New River Valley regions each had their most successful economic development year in recent history, according to John Hull, executive director of the Roanoke Regional Partnership. That’s thanks to $387 million worth of economic investments announced in 2023, potentially creating thousands of jobs. Roanoke Coun[...]

Feb 28, 2024

Southwest Va. Big Deal: Land ho!

The largest business deal announced during the past year in Southwest Virginia is an agreement between Dallas-based Fortune 100 natural gas and propane pipeline transport company Energy Transfer, Virginia’s nonprofit Energy DELTA Lab and Wise County to develop energy infrastructure in the region. Under the agreement, the partn[...]

Feb 28, 2024

Out and About – March 2024

On Feb. 1, Virginia Business held a luncheon at the Boar’s Head Resort in Charlottesville for the magazine’s 14th annual Best Places to Work Awards, compiled in collaboration with Best Companies Group. The event honored winning companies across small, midsize and large business categories. Photos by Matthew R.O. Brown. 1. L to R: Sally Raderer, […]

Feb 28, 2024

Health Care: A new horizon

Virginians could look back at 2024 a few years from now and see a turning point for health care in the commonwealth — the dawn of a “Virginia Research Triangle” in biotechnology, pharmaceutical manufacturing and medical research. In December 2023, the University of Virginia broke ground on the $350 million Paul and Diane M[...]

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