Sign In
Free Newsletter
Luna Labs to expand Charlottesville operations
Product development company Luna Labs USA is investing $200,000 to expand its operations in Charlottesville, creating 20 new jobs. The Charlottesville-headquartered technology company works with companies and government agencies to address complex challenges in defense, industrial and health care markets. The company brands some[...]
U.Va. eyes $72M replacement data center
The University of Virginia’s data center is nearing its maximum capacity. So, school leaders think it’s time to build a new one, estimated to cost $72 million, to aid faculty and researchers in their work. “We can already see that our researchers are experiencing significant delays in their ability to access the co[...]
1.4M-sq-ft Target distribution center coming to New Kent
Target plans to build a 1.4 million-square-foot distribution facility in a busy New Kent County industrial park, with construction work expected to start this month, according to local officials. “This substantial investment and the creation of hundreds of high-quality jobs is a tremendous economic boost for our community and [...]
Developers break ground on $1.4B Petersburg casino
Baltimore-based The Cordish Cos. and Virginia Beach developer Bruce Smith Enterprise broke ground Wednesday on the much-anticipated $1.4 billion Live! Casino & Hotel Resort in Petersburg. The mixed-use development‘s backers say it will create about 1,400 permanent jobs, increase tourism and generate billions in economi[...]
Huge data center campus planned for Charles City County
Kansas-based development company Diode Ventures is planning a massive data center campus in Charles City County, about 20 miles outside of Richmond, that is estimated to create 50 to 100 full-time jobs. The company has submitted an application to the county’s planning commission and board of supervisors to rezone five prop[...]
Henrico County’s $2.3B GreenCity project is dead
The $2.3 billion GreenCity development in Henrico County is dead, as the developers of the project failed to make more than $5 million in overdue payments by a March 13 deadline, the county said Friday. The county previously sent two notices of default — one in regard to the property purchase agreement and one relating [&helli[...]
Bon Secours hires new chief clinical officer for Richmond market
Dr. David Hasleton is the new chief clinical officer for Bon Secours’ Richmond market, the health system announced Thursday. In this role, Hasleton will oversee clinical operations, working with clinical teams, operational leaders and physicians and advanced practice clinicians. Most recently, Hasleton served as chief medi[...]
$120M TowneBank-Village Bank acquisition approved by state, FDIC
Suffolk-based TowneBank’s $120 million acquisition of Midlothian’s Village Bank and Trust Financial Corp. has been approved by the FDIC and the Virginia State Corporation Commission, clearing the way for a completed deal in early April, the two banks said Tuesday. Announced in September 2024, the combined bank, which[...]
Randolph-Macon College names next president
Ashland’s Randolph-Macon College has chosen Michael E. Hill as its 16th president, effective Aug. 1, the college announced Tuesday. Hill is currently president of Chautauqua Institution, a western New York nonprofit educational institution for children and adults that runs extensive theater, music and other arts programmin[...]
Dominion files for SCC approval of Chesterfield gas-fired plant
Dominion Energy submitted an application with the Virginia State Corporation Commission Monday to install four natural gas-fired turbines on 95 acres at the utility’s Chesterfield Power Station. Dubbed the Chesterfield Energy Reliability Center (CERC), the facility, which is expected to cost $1.47 billion, will generate 94[...]
231-unit apartment complex near U.Va. slated to open in 2027
Work began in mid-February on Blume on Ivy, a 231-unit apartment building on Ivy Road, near the University of Virginia’s School of Data Science. The project is being developed by Up Campus Student Living, a Chicago-based investor, developer and manager of student housing and campus-area real estate. It’s slated to op[...]
VACU appoints risk management, internal audit officers
Virginia Credit Union and its Member One division announced last week that it has named two executives to oversee risk management and the Chesterfield County-based credit union’s internal audit function. Mike Brunson has assumed the newly created role of executive vice president and chief risk officer. Meanwhile, VACU prom[...]
