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CoStar Group will move its corporate headquarters into the office tower at 1201 Wilson Blvd. in early 2025. Photo courtesy CoStar Group.

CoStar makes deal to move into Arlington HQ in early 2025

CoStar Group is accelerating its headquarters move from Washington, D.C., to Arlington County, thanks to a deal with a tenant in the headquarters building that included a $48 million early termination fee. The global real estate data and analytics company, best known for its Apartments.com and Homes.com marketplaces, announced plans to relocate its corporate headquarters […]

Several electronic products

Avionics manufacturer will invest $5M on Reston office and R&D facility

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CoStar Group will move its corporate headquarters into the office tower at 1201 Wilson Blvd. in early 2025. Photo courtesy CoStar Group.

CoStar makes deal to move into Arlington HQ in early 2025

CoStar Group is accelerating its headquarters move from Washington, D.C., to Arlington County, thanks to a deal with a tenant in the headquarters building that included a $48 million early termination fee. The global real estate data and analytics company, best known for its Apartments.com and Homes.com marketplaces, announced plans to relocate its corporate headquarters […]

Real Estate

CoStar Group will move its corporate headquarters into the office tower at 1201 Wilson Blvd. in early 2025. Photo courtesy CoStar Group.

CoStar makes deal to move into Arlington HQ in early 2025

CoStar Group is accelerating its headquarters move from Washington, D.C., to Arlington County, thanks to a deal with a tenant in the headquarters building that included a $48 million early termination fee. The global real estate data and analytics company, best known for its Apartments.com and Homes.com marketplaces, announced plans to relocate its corporate headquarters […]

Federal Contracting

Soldiers stand next to a tank.

Army awards $676M contracts for weapon system

The U.S. Army has awarded Raytheon a $676 million contract to continue manufacturing the TOW weapon system, which provides heavy anti-tank guided missile capability, RTX, the Arlington County parent company of Raytheon, a defense contractor, announced Wednesday.  Two separate awards consist of a $430 million contract for FY 2023 and an additional $246 million contract […]

Healthcare

A rendering of a six-story building

Construction begins on Carilion Taubman Cancer Center

Of the donors, health professionals and area leaders who turned out for Wednesday’s groundbreaking for the Carilion Taubman Cancer Center, Orion Moses, age 9, commanded the most attention.  Doctors diagnosed Moses, who lives in Elliston, with leukemia at age 5. After enduring three and a half years of chemotherapy, he is now cancer free.  “I […]

Government

GD subsidiary in Norfolk wins potential $123.3M contract

General Dynamics NASSCO, a Norfolk subsidiary of Reston aerospace and defense giant General Dynamics, was awarded a U.S. Navy contract worth up to $123.3 million last week for maintenance, modernization and repair of the USS Porter destroyer during fiscal 2025.  The base amount of the firm fixed price contract to General Dynamics NASSCO-Norfolk is $686,843. The contract […]

Technology

Powhatan approves $2.7B data center campus

Powhatan County has approved an estimated $2.7 billion data center campus on 119.9 acres partly bordering Chesterfield County. The county’s board of supervisors voted 3-2 during its Oct. 28 meeting for a rezoning and a conditional use permit allowing the proposed development to move forward. The developer, Newport Beach, California–based Province Group, estimates that its […]

Economic Development

Interview

If it ain’t broke, don’t fix it

Khalid Jones moved to Richmond from New York City’s Upper West Side in April to start his new job as executive director of the Virginia Lottery. Virginia’s River City may move at a slightly slower pace than the city that never sleeps, but Jones found himself instantly at home. Richmond reminds Jones of his youth […]

Opinion

    EVENTS

    Influential Women of Law

    February 20th, 2025 - 1:00 PM

    Our fellow BridgeTower brand Virginia Lawyers Weekly is proud to host the annual event honoring Virginia’s top women attorneys.  This ev[...]

    Veterans in Business & Law

    November 11th, 2024 - 10:00 AM

    This awards program from the Maryland Daily Record honors military veterans who are making a significant impact on Maryland business and leg[...]

    see all events

    People

    Charlottesville Realtor named Virginia Realtor of the Year

    VACU names Member One regional head for Roanoke, Lynchburg

    Peterson Cos. names president

    BWX Technologies names Nuclear Operations Group head

    Electra.aero names new CEO

    Norfolk biopharma company appoints CEO, chief R&D officer

    Virginia Housing board elects officers

    Fahrenheit Advisors hires Hampton Roads leader

    Tony Chivari

    Bassett Furniture names new chief marketing officer

    Home furniture manufacturer and retailer Bassett Furniture has named Tony Chivari as its new chief marketing officer. Chivari has held similar positions with 1-800-Flowers.com, Gem Shopping Network and Things Remembered. “We are very excited to welcome Tony to the Bassett team as we continue our journey to become a national omnichannel provider of home furnishings,” […]

    J-Lab scientist to receive nuclear physics prize

    Volker D. Burkert, a scientist at the Thomas Jefferson National Accelerator Facility in Newport News, aka the Jefferson Lab, has been chosen to receive the 2025 Tom W. Bonner Prize in Nuclear Physics, the lab announced Wednesday. Burkert has worked at the U.S. Department of Energy lab for 39 years of its 40-year history, and […]

    A woman wearing a gray blazer.

    Bon Secours Hampton Roads Foundation promotes new president

    The Bon Secours Mercy Health Foundation, which coordinates charitable giving for all hospitals, facilities, programs and services operated by Bon Secours Mercy Health, has named Carrie Miller president of its Bon Secours Hampton Roads Foundation, the health care system announced Monday. Previously, Miller worked for close to a decade as senior gift officer for organizational giving […]

    A man wearing a blazer.

    Appian taps new chief revenue officer

    Mark Dorsey is the Appian’s new chief revenue officer, the McLean cloud computing and software company announced Oct. 11. He replaces Christopher Jones, who left in April to become chief revenue officer for New Relic, a software developer based in San Francisco. Dorsey, who has a MBA from the Carroll School of Management at Boston […]

    A man wearing a blazer and tie and glasses.

    Inova names president and chief of clinical enterprise

    A surgeon who began working with Inova Health System in 1986 has been named president and chief of clinical enterprise following a national search, the Falls Church-based health system announced last week. Dr. John Moynihan had been acting chief of clinical enterprise since March, while also serving as president of Inova Surgical Services, a position […]

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    Opinion

    To support a more inclusive workforce, Va. lawmakers must unite around this bill

    2024 Big Book intro: Invasion of the bots!

    Why Alexandria’s new entertainment district is everyone’s business

    Saving grace

    Pot of gold

    A game of political football

    Long-range forecast

    Change management

    What a difference a debate makes

    Less than three months ago, President Joe Biden — you remember him, right? — stepped down from his bid for a second term and threw his support behind Democratic nominee Vice President Kamala Harris, radically redefining this fall’s presidential race. Just before that happened, we were beginning to write this month’s cover story about the […]

    In defense of UVA Health’s leaders

    Like so many people, I was surprised and shocked to read the U.Va. faculty letter of no confidence in Dr. Craig Kent and Dr. Melina Kibbe. This is especially disturbing since I have served on various UVA Health boards over the past 30 years. It is my opinion that our health system is better today […]

    A BridgeTower to the future

    On July 31, Virginia Business turned the page on a new chapter in our 38-year history as the magazine became part of the BridgeTower Media family of companies. Headquartered in neighboring North Carolina, our new parent company is a portfolio company of Los Angeles private equity firm Transom Capital Group. BridgeTower owns 40-plus B2B media […]

    Commentary: Va. ecosystem supports growth

    It has been almost four years since I began leading economic development and innovation efforts at George Mason University, and what a whirlwind! This is an exciting time to be in Virginia, and getting to do this job every day feels like winning the lottery. It all started with the Amazon.com HQ2 win in 2018, […]

    Todd Haymore. Photo by Mark Rhodes

    Virginia’s fundamentals remain strong after unsuccessful arena competition

    As Virginia celebrates Economic Development Week, there is no better time to recognize that when it comes to success in economic development, fundamentals matter most. Incentives, public sector support, personal connections and various intangibles — like, say, letting a CEO pick his favorite Grateful Dead concert to play during a recruitment dinner — can undoubtedly […]

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