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Norfolk’s MacArthur Center mall listed for sale
JLL is marketing the downtown mall
Downtown Norfolk’s struggling mall, MacArthur Center, is officially on the market. A listing from real estate company JLL describes the 23-acre property as “a compelling redevelopment opportunity.” The listing encourages
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Amazon Web Services to invest $35B in Va. data center campuses
AWS plans to create 1,000 jobs by 2040
Published
Amazon Web Services plans to invest $35 billion by 2040 to establish multiple data center campuses across Virginia, creating 1,000 jobs, Gov. Glenn Youngkin announced Friday. Youngkin’s office said in
21 Va. industrial sites awarded $90M for development
Chesterfield, Henry counties get $47M in grants
Published
Virginia Gov. Glenn Youngkin announced $90 million in grants for the development of 21 industrial sites across the state Monday, helping localities get shovel-ready for big economic development projects. The
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White Mill project renamed ‘Dan River Falls’
Groundbreaking held for $100M Danville redevelopment project
Published
The city of Danville and The Alexander Co. held a groundbreaking Thursday for the redevelopment of the long-vacant White Mill in Danville’s River District. At the ceremony held Thursday in
10 Va. companies graduate VEDP export program
VALET program for international exports has 350 graduates
Published
Ten Virginia companies are the latest to graduate from the Virginia Economic Development Partnership’s Virginia Leaders in Export Trade (VALET) program, which helps companies work on international export growth strategies,
Fertility testing startup to establish $1.4M Albemarle HQ
PS-Fertility Inc. expects to create 31 jobs
Published
Life sciences startup PS-Fertility Inc. will invest $1.4 million to establish its headquarters and operations in Albemarle County and plans to create 31 jobs, Gov. Glenn Youngkin announced Wednesday. PS-Fertility
NY textiles company to buy Patrick County HanesBrands facility
Apex Mills will retain 96 jobs, create 44
Published
New York-based specialty textile manufacturer Apex Mills Corp. will invest $3.1 million to acquire the former HanesBrands facility in Patrick County, along with the plant’s equipment. The acquisition will retain
Manufacturer plans $40.2M expansion in Floyd
Hollingsworth & Vose expected to add 25 jobs
Published
Massachusetts-based advanced materials manufacturer Hollingsworth & Vose will invest $40.2 million to expand its Floyd County operation, a project expected to create 25 jobs, Gov. Glenn Youngkin announced Tuesday. H&V
On your mark
Entrepreneurship centers help student startups get running
Published
When Virginia Commonwealth University closed its buildings in spring 2020, then-student Julien Reininger wasn’t deterred from his entrepreneurial pursuits. In the kitchen of his parents’ Springfield home, Reininger ran a
Wholesome Foods to expand in Shenandoah County
$1.2M expansion to create 12 jobs
Published
Wholesome Foods Inc. will expand its meat processing operation in Shenandoah County by adding a new, USDA-inspected slaughter facility with a $1.2 million investment, creating 12 jobs, Gov. Glenn Youngkin