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Recent Articles from Robyn Sidersky
Lingerfelt sells Va. Beach hotel for $82M
Richmond-based commercial real estate investment firm Lingerfelt Commonwealth Partners LLC has sold the Delta Hotel by Marriott Virginia Beach Bayfront Suites for $82 million to New York-based Black Pearl Capital, Lingerfelt announced June 17. Lingerfelt Commonwealth Partners acquired the hotel in 2018 for $19 million and completed a $29 million renovation and rebranding. Located in […]
Leonardo DRS, Israeli company to merge
Arlington-based Leonardo DRS Inc., a subsidiary of Italian defense contractor Leonardo SpA, and Israel-based Rada Electronic Industries Ltd. have entered into a definitive agreement to merge and become a combined public company later this year, the contractors announced Tuesday. Rada will become a wholly-owned subsidiary of Leonardo DRS, and the new company will be listed […]
Amazon HQ2’s Ardine Williams retires — again
Ardine Williams, vice president of HQ2 workforce development for Amazon.com Inc., has retired — again — Amazon confirmed this week. Williams, who had been one of Amazon’s most high-profile Virginia executives, was leading the effort to hire 25,000 workers by 2030 for Amazon’s multibillion-dollar HQ2 East Coast headquarters in Arlington. So far, about 5,000 HQ2 […]
Richmond Raceway names new president
When Lori Collier Waran was a young girl, she spent a lot of time around Richmond Raceway. Her grandparents lived just blocks away and her grandfather would volunteer to park cars so he could watch races. Sometimes Waran tagged along, too. “The raceway was sort of my playground,” she recalled. Now, the raceway will be […]
Virginia Business announces 2022 Va. CFO Awards winners
Virginia Business presented awards to chief financial officers at companies and nonprofits around the commonwealth Thursday night. This year’s Virginia CFO Awards banquet — which is the largest annual gathering of CFOs in Virginia — was held at The Jefferson Hotel in Richmond. Fifty-one CFOs from around the commonwealth were nominated in four award categories, […]
VCU’s theater department receives $5M donation
Virginia Commonwealth University has received a $5 million donation from Charlottesville resident James H.T. McConnell Jr. for the Department of Theatre in the School of Arts, the university announced Thursday. The gift will create three endowed funds to promote education and social awareness and to examine social justice through the lens of theater, according to […]
Va. Beach economic development director is finalist for Oregon job
Virginia Beach Deputy City Manager and Director of Economic Development Taylor Adams is one of three finalists to be the next city manager in Salem, Oregon. Adams has worked for the city of Virginia Beach since 2015 and became deputy city manager in 2021. He heads up the city’s economic development department, and also has […]
VCU buys former Va. ABC property for $16M
Virginia Commonwealth University on Friday purchased the former Virginia Alcoholic Beverage Control Authority’s former central office and warehouse at 2901 Hermitage Road in Richmond for approximately $16 million, according to Virginia ABC. The sale of the 292,285-square-foot warehouse was included in the state operating budget. The Virginia ABC moved its headquarters and distribution center[...]
Greater Washington Partnership unveils 10-year inclusivity plan
The Greater Washington Partnership released its “Regional Blueprint for Inclusive Growth” Monday, a 10-year plan to increase equity and create a more inclusive economy in the capital region, spanning Baltimore to Richmond. The plan was launched at an event hosted by Sheila Johnson, CEO of Salamander Hotels and Resorts and an owner of three pro […]
Anthem Virginia president to retire
Jeff Ricketts, president of Anthem Blue Cross and Blue Shield Virginia, will retire in September after nearly 40 years with the health insurance company, Anthem announced Friday. Ricketts has served as leader of Anthem’s operations in Virginia for the past five years. He joined Anthem in 1984 as a sales account representative and climbed the […]
