Watershed moment
National Flood Insurance Program sees pricing changes
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Hampton Roads is besieged by hurricanes, nor’easters and full moon tidal surges, but it’s not just coastal Virginia homes and businesses that are threatened by increased flooding. “Climate change is causing the state as a whole to deal with flooding and flood- related issues. It impacts a lot of people throughout the state,” says Michael
New IDA director is no stranger
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When Kristy Johnson moved to Halifax County from Georgia in 2008, the community welcomed her family with open arms, she says. Now she has the opportunity to return the favor as the new executive director of the county’s Industrial Development Authority. Johnson’s no stranger to the organization. She’s worked for the IDA since 2009 in
JMU-led pact seeks to increase labor participation
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The Shenandoah Valley’s economy is rebounding, but the region is struggling with a poor labor force participation rate, even compared with the national rate of 61%. In Augusta, Bath, Highland, Page, Rockbridge, Rockingham and Shenandoah counties, only 50% of potential workers are actually employed, says Jay Langston, executive director of the Shenandoah Valley Partnership, calling
Plastics company to revive textile mill site in Hurt
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At the site of what was once a Burlington Industries textile mill in Hurt, Staunton River Plastics is building a 250,000-square-foot manufacturing facility. Staunton River Plastics is the first tenant for the newly named Southern Virginia Multimodal Park, says Linda Green, executive director at the Southern Virginia Regional Alliance in Danville. Burlington Industries, once known
Roanoke plant still empty after FreightCar America exit
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More than two years after FreightCar America left town, eliminating about 200 assembly jobs, the buildings once occupied by the railcar manufacturer in downtown Roanoke remain empty. Chicago-based FreightCar America opened its Roanoke plant in 2005, leasing space at the East End Shops, a locomotive workshop and maintenance complex of about 900,000 square feet of
Pittsylvania, Danville governments see labor gap, too
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Businesses aren’t the only organizations finding it difficult to hire employees. Amid dropping state unemployment rates and a nationwide labor shortage, Danville and Pittsylvania County have been seeking new ways to interest people in working for local government. Pittsylvania’s Board of Supervisors approved $1,000 employee referral and sign-on bonuses in July, says Holly E. Stanfield,
Silver Line will miss Labor Day target
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Problems plugging Silver Line Phase 2 into the rest of the Washington transit system are delaying the project’s transfer from the Metropolitan Washington Airports Authority to the Washington Metropolitan Area Transit Authority (WMATA). The transfer’s target date was Labor Day, but it’s not clear how long the transfer will be delayed, according to Marcia McAllister,
Turning the corner
Tysons leads Fairfax’s economic recovery
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When the COVID-19 pandemic hit last year, it felt as if the long-running goal of transforming Tysons from a commuter-driven “edge city” into a vibrant, urban, walkable destination “would be so disrupted,” says Victor Hoskins, president and CEO of the Fairfax County Economic Development Authority. But the increase in social distancing and remote work caused
In the balance
Women still face challenges to career advancement
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The struggle for work-life balance was taking its toll on women professionals even before the pandemic struck. But the lack of child care and the burnout from increased workloads may now be driving some women business leaders and aspiring leaders out of the workforce altogether. A May 19 Deloitte Global study, “Women @ Work: A
Innovative development planned along Silver Line
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Big plans are in place for a 103-acre plot on the Loudoun-Fairfax county line, property originally pitched by the two counties as a potential location for Amazon.com Inc.’s HQ2 East Coast headquarters. Rivana at Innovation Station, the first phase of the 4.4 million-square-foot Innovation Station mixed-use development project announced in March, is ideally positioned for