Recent Articles from Rich Griset
Roanoke region anticipates outdoor events boon
For more than a century, Roanoke has been known as a rail town. But in recent years, the city has endeavored to rebrand itself as a trail town. Since 2008, the Roanoke region has worked to leverage its vast outdoor assets to attract business investment and talent with its high quality of life, as well […]
Chesterfield eyes zoning overhaul to boost development
In 1980, developer George Emerson stood in a wooded area of Chesterfield County’s Bermuda district and told a contractor where he wanted to build a road. Without any formal plan endorsed by the county, Emerson built the Walthall Industrial Parkway, opening the adjacent land for industrial development. Times have changed, and so has the process […]
Mary Baldwin to launch nursing practice doctorate
You could say Christina Feggans-Langston was destined to become a nurse. “I was named Christina after one of the nurses that my mom had when she was delivering me,” says Feggans-Langston, who works for UVA Health, the same health system where she was born. “Now that I’m a nurse, I want to just keep giving […]
Banking on bitcoin
While MicroStrategy may be hogging the bitcoin limelight lately, two other Virginia companies recently made their entrances onto the cryptocurrency stage. On Feb. 3, Charlottesville-based Blue Ridge Bankshares Inc., the parent holding company of Blue Ridge Bank, announced that its customers are now able to purchase and redeem bitcoin at its ATMs, making it the […]
The Prophet
When Michael Saylor was a younger man, his good looks and cocky attitude drew comparisons to Tom Cruise. And like Capt. Pete “Maverick” Mitchell, Cruise’s flying ace of “Top Gun” fame, Saylor is returning to screens everywhere after a decades long hiatus. Just over 20 years ago, Saylor was Northern Virginia’s premier hotshot tech exec. […]
Cavalier Resort takes shape in Virginia Beach
In 1975, Bruce Thompson was the night watchman and grass cutter at Virginia Beach’s Cavalier Hotel. Today, he’s transforming the hotel and its 21 surrounding acres into a major mid-Atlantic resort. Built in 1927, the Cavalier at various times hosted luminaries like F. Scott Fitzgerald, Muhammad Ali and every president from Harry S. Truman through […]
Hampton Roads multifamily portfolio sells for undisclosed amount
In early April, New Jersey-based Brentwood Investment Group and Greencove Capital Group closed a deal to acquire a multifamily portfolio that includes 856-units for an undisclosed amount. The deal included five garden-style multifamily communities in Hampton and one property in Poquoson. Built between 1970 and 1985, the properties have an average unit size of 921 […]
Ashburn-based CIS acquired by Indiana private equity firm
On April 20, Indianapolis-based private equity firm Hammond, Kennedy, Whitney & Co. Inc. (HKW) announced that it had acquired Ashburn-based technology company CIS Secure Computing Inc. (CIS) from Oklahoma City-based Acorn Growth Cos. LLC. The financial terms of the transaction were not disclosed. CIS is a provider of secure and customized communications technologies that help […]
Danville chamber announces winners of first pitch competition
On Monday, the Danville Pittsylvania County Chamber of Commerce announced it had awarded four businesses a total of $50,000 in order to open or expand in Danville and Pittsylvania County as part of the chamber’s new entrepreneurship competition. Called Rev Up Danville Pittsylvania, the entrepreneurship pitch competition was based on the River District Association’s Dream […]
Chantilly-based VTG awarded $116M defense contract
Chantilly-based engineering firm VTG announced Tuesday that it has been awarded a $116 million, five-year contract from the Naval Information Warfare Center Pacific (NIWC-PAC) to provide C4ISR (command, control, communications, computers, intelligence, surveillance and reconnaissance) engineering and production services to the center’s Network Integration Engineering Facility (NIEF). The NIW[...]