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Recent Articles from Robyn Sidersky
JPMorgan Chase gives $5.3M to DMV career pathways program
JPMorgan Chase has donated $5.3 million to TalentReady, a student career pathways program in Virginia, Maryland and Washington, D.C., the bank announced Thursday. The program, which is organized by the Greater Washington Partnership and Education Strategy Group, has a focus on ensuring students get work-based learning experiences, such as capstone projects and internships. TalentReady has [&hellip[...]
100 People to Meet in 2024
Virginia is full of interesting people, and when it comes to this year’s batch of 100 people to meet for 2024, the commonwealth continues to deliver a bevy of fascinating newsmakers, professionals and go-getters worthy of your valuable networking time. In Virginia Business’ fifth annual list of people to meet in the new year, you’ll […]
Danville considers new rules for short-term rentals
Amid a boom in local short-term residential rentals like Airbnbs, Danville officials are examining ways to regulate the practice. Caesars Entertainment opened its temporary Danville Casino in May, drawing some area visitors. Additional factors driving short-term rentals, speculates Danville City Manager Ken Larking, may include construction on local projects such as the $100 million White [&hellip[...]
Va. Tech hires CIO from Brown
Virginia Tech has named Sharon P. Pitt its vice president for information technology and chief information officer, the university announced Tuesday. Pitt will start her new role on Feb. 1, 2024. She returns to her alma mater from Brown University, where she is currently vice president for information technologies and chief information officer. She has […]
Norfolk makes economic development head permanent
The City of Norfolk will keep Sean Washington as its director of economic development permanently after serving as interim director since August 2022, the city announced Tuesday. His appointment was effective Nov. 6. Before serving as interim director, Washington was assistant director from November 2020 through August 2022, but he’d worked in the department since […]
Bonaventure acquires Norfolk apartments for $42M
Alexandria-based real estate company Bonaventure has acquired Monticello Station, a Class A apartment building in downtown Norfolk, for $42 million, the company announced last week. The 121-unit building at 328 Freemason St. has one-, two- and three-bedroom apartments. S.L. Nusbaum previously owned the property, according to Bonaventure. Bonaventure will rename the building Attain Downtown Eas[...]
Amazon HQ2 impact on housing market short-lived, report says
The June opening of Amazon.com’s $2.5 billion East Coast headquarters in Arlington County only had a short-lived impact on home prices, and it’s hard to pinpoint HQ2’s direct impact due to other factors affecting residential costs, according to a report released this month by Bright MLS Research. When Amazon announced it would bring 25,000 highly-paid […]
Trader Interactive CEO Lori Stacy to retire
Trader Interactive CEO Lori Stacy will retire Dec. 14 and Chief Operating Officer David McMinn will succeed her in leading the Virginia Beach-based online marketplace for boats, recreational vehicles, motorcycles and other niche vehicles. Stacy, who has served as CEO since 2017, will take on the new position of chair of Trader Interactive’s board after […]
International logistics company to expand in Norfolk
Katoen Natie Norfolk, a subsidiary of Belgian international logistics service provider and port operator Katoen Natie, will invest $59.9 million to expand its Norfolk facility and create an estimated 76 jobs. Katoen Natie Norfolk will add a 450,000-square-foot warehouse and rail yard, and expand its existing rail spur, which will allow more room to load […]
Communities must rally to solve housing issues, Barkin says
Homeownership is becoming increasingly unattainable for too many workers, and communities are going to need to make innovative decisions to create more affordable housing if they want to attract talent, Federal Reserve Bank of Richmond President and CEO Tom Barkin said Wednesday during the Virginia Governor‘s Housing Conference in Hampton. Barkin said the nation’s housing crunch [&hel[...]
