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Virginia Business


Virginia State Fair coming to Caroline County

Next year, Caroline County will be home to the Virginia State Fair, which is moving from its location at the Richmond International Raceway in Henrico County to a 348-acre site on state Route 30 near Interstate 95. The site is farm property and was once home to 1973 Triple Crown winner Secretariat. According to State Fair officials, the new location will mean an additional 600,000 people will live within a 60-mile radius of the fair site.

Kalahari plans water park in Fredericksburg

Wisconsin-based Kalahari Resorts is planning a $200 million water park that, if approved by Fredericksburg, would open next year. The project is planned for a 49-acre site in the Celebrate Virginia project being developed by the Fredericksburg-based Silver Cos. The resort would have a 125,000-square-foot indoor water park, along with 100,000 square feet of conference and event space and 700 guest rooms. Company officials project the resort would draw 1 million guests annually and contribute $122.7 million to the region’s economy.

UMW Foundation buys shopping center

In December the University of Mary Washington Real Estate Foundation bought a 21-acre shopping center for $18.75 million. The property, located across U.S. 1 from the campus, will be redeveloped as a mixed-use and more pedestrian friendly “village.” Construction is expected to take three to 10 years, foundation officials say. The foundation expects to spend between $60 million and $100 million on the project. The development will include some student residences, office space for university employees and retail services.

HCA constructing hospital in Spotsylvania

The 126-bed Spotsylvania Regional Medical Center is under construction and will open late next year. It’s located on 75 acres just east of Interstate 95 in eastern Spotsylvania. HCA officials estimate construction costs will be $152 million. The hospital is owned by HCA Virginia, a part of Nashville, Tenn.-based HCA, one of the nation’s biggest hospital chains. HCA Virginia operates 11 acute-care hospitals in Virginia.

Universities to share space at King George facility

The University of Mary Washington is making plans for the Dahlgren Education and Research Institute, a new building near the Naval Surface Warfare Center Dahlgren in King George County. Last spring it received $2 million from the Virginia General Assembly to purchase land on U.S. 301 near Dahlgren, and this year it hopes to win approval for $23 million in state funding to cover construction costs. The planned 40,000-square-foot building will offer courses in fields such as engineering, computer science and homeland security. Other schools participating in course offerings include Old Dominion University, Virginia Tech, George Mason University, Virginia Commonwealth University, Rappahannock Community College, Germanna Community College and the University of Virginia. The institute is scheduled to open in January 2011.

Stafford Hospital Center expected to open in 2009

Fredericksburg-based MediCorp Health System, which operates Mary Washington Hospital in Fredericksburg, has broken ground on the 100-bed Stafford Hospital Center. The new hospital is on 72 acres on U.S. 1 in the center of the county and is expected to open its doors in early 2009.


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