Follow-ups | A Change in the Rules?
- February 27, 2009
Hilton Hotels Corp. plans to move its headquarters from Beverly Hills, Calif., to Fairfax County in the third quarter of this year. The company operates 3,200 hotels under eight brands. Fairfax County and the commonwealth provided Hilton with $4.6 million in incentives. The Fairfax County Economic Development Authority ex-pects the move to create more than 300 full-time jobs in the county. Virginia Business explored trends in the state’s hotel industry in the January issue.
The Port of Virginia and its operating arm are making cutbacks to endure the recession, which has reduced imports and exports. Virginia International Terminals, which operates the Port of Virginia terminals, is eliminating overtime, cutting employee pay raises and bonuses and reducing hours for longshoremen. Port officials say container volume was down 2 percent in 2008 and is expected to fall another 12 percent this fiscal year. A story in the magazine’s September issue looked at railroad traffic at the port.
Suffolk has approved rezoning for a $350 million, 5 million-square-foot logistics center being developed by Chicago-based CenterPoint Properties. The facility would create more than 2,000 jobs. Virginia Business examined the project as part of its regional report on Suffolk and Isle of Wight County in the February issue.
The Loudoun County Board of Supervisors turned down a proposal by HCA Virginia to build a 164-bed hospital. HCA received permission to build the hospital from the state health commissioner in 2004. But the supervisors voted against the plan 5-4, citing concerns about traffic, noise and the hospital’s location. Inova Health System had vigorously opposed HCA’s proposal. The November 2008 issue looked at the hospital proposal in a story about Virginia’s approval process for health facilities.