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Home News Regions CRE_other_regions In the works

In the works

A number of major projects are in the pipeline.

Published March 1, 2019 by Veronica Garabelli

Ferguson Enterprises is building a headquarters building in Newport News.
Photo by Mark Rhodes

Construction companies have been busy transforming Virginia’s skylines.  Late last year, Capital One opened a 31-story tower at its Tysons headquarters. The structure is the tallest office building in the Washington, D.C., area.

Partners on that project included general contractor Davis/Gilford Construction and architects Bonstra Haresign Architects and HKS Inc. The building is part of a bigger expansion taking place at Capital One’s headquarters. The project includes a hotel, a Wegmans grocery store and another office building, which will house roughly 3,200 employees.  

A five-story office building in Charlottesville won’t house as many employees, but it still is a welcome addition to the city’s downtown where more office space is needed. Charlotte, N.C.-based Insite Properties is developing the 120,000-square-foot structure, estimated to be finished next year. Additional partners include Atlanta-based Batson-Cook Construction and BB+M Architecture in Charlotte. The project is expected to cost up to $50 million. 

In Hampton Roads, work continues on Ferguson Enterprises Inc.’s third headquarters building in Newport News. The eight-story building is located at City Center at Oyster Point, a district that includes residential, retail and business space. Ferguson, the largest plumbing wholesaler in the U.S., is spending $86 million on the project.

Construction also is underway at Summit Pointe, a $300 million development in Chesapeake. Summit Pointe houses Dollar Tree’s new headquarters tower, completed last October. The project also will include a six-story building with office space and a restaurant. Another structure will house 133 apartments, a restaurant and retail space. Those buildings should be finished early next year.

The following pages outline major players in Virginia’s construction and development industry. The information includes a list of architecture and engineering firms, commercial real estate companies and general contractors.

The Whiting-Turner Contracting Co., for example, logged $925 million worth of work in Virginia last year. The company’s based in Baltimore but has offices in Herndon, Norfolk and Richmond. Whiting-Turner’s current projects include the expansion of Capital One’s headquarters in Tysons and the construction of the new American Civil War Museum building in Richmond.

Construction & development charts

  • General contractors
  • Architectural and engineering firms
  • Commercial real estate firms
  • A sampling of some of Virginia’s major road projects

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