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Home>Sydney Lake

Sydney Lake

Recent Articles from Sydney Lake

News July 28, 2020

VA awards Arlington tech company $153M contract

The U.S. Department of Veterans Affairs (VA) awarded Arlington-based federal technology contractor CACI International Inc. a six-year contract worth up to $153 million to modernize the department’s legacy financial management system, the VA announced Monday. The VA received three bids for the contract, which was awarded through the General Services Administration’s Information Technolo[...]

Jeff Harman
News July 28, 2020

Atlanta firm acquires Reston telecommunications company

Atlanta-based investment company Battle Investment Group has acquired Reston-based telecommunications company Oceus Networks, the company announced Tuesday.  A transaction amount was not disclosed.  As part of the acquisition, former Oceus Networks CEO Jeff Harman will be promoted to president. Brad Antle, the former CEO of Fairfax-based software company Salient CRGT Inc., will serve as executiv[...]

Michelle Rogers. Photo courtesy Virginia’s Gateway Region
News July 27, 2020

Virginia’s Gateway Region, Community College Workforce Alliance hire workforce development director

Virginia’s Gateway Region (VGR) and the Community College Workforce Alliance (CCWA) announced Monday that Michelle Rogers has been hired for the new joint position of director of workforce development, effective July 6. This is the first time that a regional economic development organization and a community college have partnered to create a position to advance […]

Photo courtesy Mariners Landing Development Co. LLC
News July 27, 2020

Mariners Landing has new owners

Smith Mountain Lake housing community Mariners Landing in Bedford County has new owners, Mariners Landing Development Co. LLC announced Thursday.  Waller S. Perrow III of Mariners Landing Development Co. LLC did not disclose financial terms for the May sale, saying it was contractually protected. Commercial real estate developers Perrow and Tom Branch purchased the 1,000-acre […]

Carilion Rockbridge Community Hospital. Photo courtesy Carilion
News July 27, 2020

Carilion completes purchase of Stonewall Jackson Hospital for $10.9M

Roanoke-based Carilion Clinic announced Friday it has completed the purchase of Lexington’s Stonewall Jackson Hospital from the SJH Community Health Foundation. This was the final 20% — valued at $10.9 million — left for Carilion after its initial 2005 investment. With the purchase comes a new name, Carilion Rockbridge Community Hospital. The health care system […]

Lisa Speller. Photo courtesy Colonial Downs Group
News July 24, 2020

Colonial Downs announces leadership changes

The Colonial Downs Group, owner of the New Kent County horse race track and Rosie’s Gaming Emporium, announced Friday Lisa Speller will serve as the company’s vice president of government affairs. Speller, who most recently served as a policy adviser for Gov. Ralph Northam’s administration, will oversee community relations for Rosie’s Gaming Emporiums in Richmond, […[...]

2310 Tower Place. Photo courtesy Cushman & Wakefield | Thalhimer
News July 24, 2020

Hampton office building sells for $1.325M

An office building in Hampton has sold for $1.325 million, Cushman & Wakefield | Thalhimer announced Monday.  Located at 2310 Tower Place, the 13,500-square-foot property was purchased by Temple Realty I LLC, which will partially occupy the building. Real estate company Harrison & Lear Inc., which sold the property, will also remain in the building […]

News July 24, 2020

Could Redskins replacement name be Sentinels?

Following the Thursday announcement that the Ashburn-based National Football League team formerly known as the Redskins would simply be called the Washington Football Team this season, social media platforms have been a playing ground for best bets on what the team’s permanent name will be.  But fans may not be left in the dark for […]

Elkton Plaza. Photo courtesy Colliers International
News July 24, 2020

Elkton shopping center sells for $5M

A shopping center in Elkton has sold for $5 million, Colliers International’s Virginia Retail Investment Team announced Thursday. The 90,943-square-foot Elkton Plaza was sold by an affiliate of Kodiak Properties LLC to Elkton Plaza LLC. The shopping center — 82% leased at the time of the sale — is anchored by Food Lion and Walgreens […]

John Milton-Benoit. Photo courtesy Commonwealth Center for Advanced Manufacturing
News July 24, 2020

Commonwealth Center for Advanced Manufacturing names president, CEO

The Commonwealth Center for Advanced Manufacturing (CCAM) research institute in Prince George County has appointed John Milton-Benoit as its president and CEO, effective Aug. 20, the organization announced Friday.  Milton-Benoit succeeds William T. Powers, who will retire in August. Powers has served on the board of the organization since its 2011 inception and was appointed […]

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Top Stories

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U.Va. president resigns under pressure from DOJ

University of Virginia President Jim Ryan has resigned, saying he can't fight the federal government[...]

Rendering of the Manning Institute of Biotechnology's building at the Fontaine Research Park in Charlottesville. Image courtesy University of Virginia

UVA Health receives $50M in two anonymous gifts for Manning Institute

Two anonymous donors have given $25 million gifts to support the University of Virginia's Manning In[...]

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EdgeCore to invest $17B in Louisa County data center campus

EdgeCore Digital Infrastructure has purchased 697 acres in Louisa County to build a 3.9 million-squa[...]

U.Va. board votes to continue gender-affirming care for existing patients under 19

Virginia Senate Dems claim in lawsuit Youngkin is trying to nullify BOV rejection vote

Virginia Democratic senators have sued the rectors of three universities, claiming Gov. Glenn Youngk[...]

Daytona Beach, Florida - December 29, 2022: Large convenience store and gas station Buc-ees featuring a beaver mascot. Photo by AdobeStock

Virginia’s first Buc-ee’s opens soon — here’s what to know

Virginia's first Buc-ee’s opens June 30 in Mount Crawford, bringing 200+ jobs, brisket, beaver nug[...]

Virginia Bar Association cancels gubernatorial debate after candidates don’t RSVP

Virginia Bar Association cancels gubernatorial debate after candidates don’t RSVP

The Virginia Bar Association has canceled its scheduled July 19 gubernatorial debate after neither[...]

People

Virginia Bankers Association names new chair

Virginia Bankers Association names new chair

24/6/2025

Woman accused of running high-end brothels in Northern Virginia and near Boston set to be sentenced

Tarley is new president-elect of Virginia State Bar

20/6/2025

PACE Equity expanded its team with the appointment of Steve Farbstein as originations leader of Richmond. Photo courtesy PACE Equity

PACE Equity announces Richmond leader

20/6/2025

Regions

A construction worker made of Lego bricks. Photo by Kira Jenkins/Virginia Business

Lego to build $366M Prince George County warehouse

Lego will invest $366 million in a new warehouse in Prince George County, creating an estimated 305 [...]

Companies sue over Valley medical marijuana permit

Companies sue over Valley medical marijuana permit

Seven businesses are suing Virginia over a disputed medical marijuana permit in the Shenandoah Valle[...]

Heard Around Virginia and the nation

Heard Around Virginia May 2025

A roundup of monthly business news from regions across Virginia including Central Virginia, Northern[...]

New law to reduce Appalachian Power rates

New law to reduce Appalachian Power rates

Virginia passes the APCo Rate Reduction Act, cutting electric bills for Appalachian Power customers [...]


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