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2026 Top...

2026 Top Projects & Real Estate Deals

Virginia’s commercial real estate developers, contractors and dealmakers delivered an impressive array of projects and transactions across the commonwealth last year — 29 of which are being honored in Virginia Business’s inaugural Virginia Top Projects & Real Estate Deals recognition program.

Tract planning...

Tract planning 872-acre data center campus in Goochland

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Philanthropist Jane Batten. Photo courtesy William & Mary’s Batten School of Coastal & Marine Sciences

Formerly VWU, Batten University acquires Sentara College of Health Sciences

Batten University, formerly Virginia Wesleyan University, announced Wednesday that it acquired Sentara College of Health Sciences.

Industries

ID Logistics US is leasing the I-895 Logistics Center in Henrico County. Photo courtesy Ashley Capital.

ID Logistics to invest $83M, create 1,000 jobs in Henrico

The U.S. arm of ID Logistics expects to invest $83M and create 1,000 jobs at its first Virginia location, a distribution facility in Henrico.

Real Estate

Pittsylvania site is top contender for lithium-ion battery plant

Virginia budget clears way for $100B Berry Hill data center campus

Virginia's budget keeps the data center tax exemption in place, clearing the way for Stack to advance its proposed $100B Berry Hill project.

Money

Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., June 24, 2026. REUTERS/Brendan McDermid

Wall Street ends lower as tech shares slip

Wall Street ended lower with tech shares slipping, while Meta Platforms rallied on plans to expand its cloud AI business amid cautious investor sentiment.

Government

Virginia State Capitol in Richmond, Virginia, Photo: Depositphotos

Virginia finalizes $200B+ 2026-28 budget

Virginia legislators finalized a $200 billion-plus budget including a new data center electricity tax and a marijuana retail sales framework.

People

Sally Coleman Selden became the University of Lynchburg‘s 12th president on July 1. Photo courtesy University of Lynchburg

University of Lynchburg’s 12th president assumes role

Seven years after leaving the University of Lynchburg for The Citadel, Sally Coleman Selden has returned as the university's 12th president.

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BTM Business Connect

Rolley Davis, President of Sussex Development Corporation.

Rolley Davis Promoted to President of Sussex Development Corporation

Virginia Beach, VA — Sussex Development Corporation, a leading construction management firm headquartered in Virginia Beach, announced today the promotion of Rolley Davis from Vice President to President. As President, he will oversee company operations, strategic initiatives, and long-term growth, while continuing to foster the culture of integrity, commitment, collaboration, and excellence that has defined […]

Movers & Shakers

EVENTS

Virginia Top Projects & Real Estate Deals

July 28th, 2026 - 5:30 PM

Top Projects is an annual recognition program honoring the most outstanding building and construction projects completed across Virginia ove[...]

In-House Counsel Awards

September 17th, 2026 - 11:30 AM

Virginia Lawyers Weekly and Virginia Business recognize Virginia’s top in-house counsel, who, among other things, navigate complicated con[...]

Women In Leadership

October 6th, 2026 - 5:30 PM

The Women in Leadership Awards celebrate top women executives for their overall professional accomplishments, civic engagement, mentorship, [...]

Icons Honors

November 13th, 2026 - 11:30 AM

The Virginia Icons Awards recognize the lifetime achievements of Virginia leaders from business, government and higher education over the ag[...]

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Around The Nation

Ford to recall over 741,000 US vehicles due to park system issue, NHTSA says

US energy chief exhorts data center backers to push back against opponents

Oil settles up on US-Iran strikes; cautious hopes for shipping cap gains

US Supreme Court rejects Trump’s unprecedented bid to fire Fed’s Cook

Trump threatens 100% tariff on any country that imposes digital services tax

Nursing homes, factory owners and immigrants brace for fallout from Supreme Court ruling

Trump clean energy tax credit cutoff drives project rush as prices set to soar

Oil set for big weekly losses as tankers exit Strait of Hormuz

U.S. President Donald Trump gestures as he boards the new Air Force One, a plane gifted by the Qatari government, at Joint Base Andrews, Maryland, U.S., July 1, 2026. REUTERS/Kylie Cooper

Trump on financial disclosures: Everyone’s profiting because stock market is up

President Donald Trump reported over $1.4 billion income from his family's crypto ventures amid rising stock market profits.

A view shows a Microsoft logo at Microsoft offices in Issy-les-Moulineaux near Paris, France, March 25, 2024. REUTERS/Gonzalo Fuentes/File Photo

Microsoft launches firm to help companies adopt AI with $2.5B

Microsoft launches Microsoft Frontier Company with $2.5 billion funding to help businesses select and integrate AI technologies tailored to their needs.

The OpenAI logo in this illustration taken June 11, 2026. REUTERS/Dado Ruvic/Illustration//File Photo

OpenAI proposes handing Trump administration 5% stake, FT reports

OpenAI has proposed giving the U.S. government a 5% stake to address regulatory concerns and public backlash over ai technology and its economic impact.

A hiring sign is seen in a cafe as the U.S. Labor Department released its July employment report, in Manhattan, New York City, U.S., August 5, 2022. REUTERS/Andrew Kelly

US job growth slows in June; unemployment rate falls to 4.2% amid decline in labor force

U.S. job growth slowed in June with payrolls rising 57,000 and unemployment rate dropping to 4.2% due to labor force decline, signaling a cooling labor market.

Representation of cryptocurrencies are seen in this illustration taken September 10, 2025. REUTERS/Dado Ruvic/Illustration

Strategy’s enterprise value falls below bitcoin holdings as crypto sentiment sours

Strategy's enterprise value has dropped below its bitcoin holdings, raising investor concerns amid ongoing crypto market volatility and share price declines.

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Opinion

Are your best people leaving over money — or this?

Maritime and logistics can lift the commonwealth

No one’s indispensable — and that’s a good thing

The choice we’re making about AI

Virginia’s economic competitiveness depends on civic infrastructure

Making the business case for InternshipsVA

Millennials burn out while holding it all together

Bridging the workplace soft-skills gap across generations

Depositphotos

Virginia’s new pay law requires a number — not the truth

Virginia’s new pay transparency law requires employers to post salary ranges but may not ensure those numbers reflect realistic pay for applicants.

The People Paradox: Why ‘Soft’ Skills Deliver the Hardest Numbers

“AI won’t take your job” and other things CEOs say before the layoffs

Gartner reports 80% of billion-dollar companies deploying AI have cut headcount, but these reductions did not improve financial returns.

Tesla CEO Elon Musk holds a mobile phone as he arrives to attend a state banquet with U.S. President Donald Trump and Chinese President Xi Jinping at the Great Hall of the People in Beijing, China, May 14, 2026. REUTERS/Evan Vucci//File Photo

One in a trillion: Musk’s milestone 

Elon Musk became history's first trillionaire following the successful SpaceX IPO, marking a new wealth milestone with significant economic impact.

Economic Development 2025: BELCHER, JONATHAN S.

Could Virginia’s data center fight scare off other industries?

In 2024, following the unsuccessful effort to bring a sports arena to Alexandria, I wrote in Virginia Business that the Commonwealth would continue to find success recruiting investment and jobs because “the fundamentals of the commonwealth’s business case remain unbelievably strong and make us the envy of most other states.” That opinion was ultimately proven […]

WILLIAM G. ‘BILL’ CRUTCHFIELD JR.

Commentary: Entrepreneurs, think creatively

Bill Crutchfield, founder of Crutchfield Corp. in Charlottesville, shares how unconventional thinking drove his company's success.

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