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Home>Sydney Lake

Sydney Lake

Recent Articles from Sydney Lake

Rendering of Bon Secours Harbour View Hospital. Photo courtesy Bon Secours
News July 8, 2020

Bon Secours seeks to expand Suffolk hospital

Bon Secours Mercy Health announced on Monday it has filed a certificate of public need (COPN) to expand its Suffolk hospital by 67,000 square feet and add up to 36 beds. The proposed expansion stems from the increased need for inpatient beds, resulting from findings from the COVID-19 pandemic and population growth in the area. […]

Need Supply Co. store in Carytown. Photo by Kate Andrews
Company News July 7, 2020

Richmond’s Need Supply Co. closes permanently

Richmond-based clothing and home goods retailer Need Supply Co. has gone under due to the COVID-19 pandemic and will permanently cease operations, its attorney confirmed Tuesday. The store has not issued a public statement, including on its website or social media sites.  “Need Supply Co. has made the difficult decision to wind down its business […]

News July 7, 2020

Private equity firm acquires Herndon tech company

Herndon-based tech company Exostar LLC announced Tuesday it has been acquired by Chicago-based private equity firm Thoma Bravo LLC. The acquisition was first announced in early June. The transaction amount was not disclosed.  Exostar is a cloud-based platform that allows companies to securely share information and operate with security compliance. The platform is used by […]

Jermaine Johnson. Photo courtesy PNC Financial Services Group Inc.
News July 7, 2020

PNC names new Greater Washington regional president

Pittsburgh-based PNC Financial Services Group Inc. announced Tuesday that Jermaine Johnson will succeed Richard K. Bynum as Greater Washington regional president as of Aug. 1, overseeing the bank’s operations in the greater Washington, D.C., area, including Northern Virginia and surrounding Maryland counties.  Currently the market leader of corporate banking for the Greater Washington, D.C.[...]

Buschwood III office building. Photo courtesy Lingerfelt CommonWealth Partners
News July 6, 2020

Va. real estate firms close deal on $10.35M Tampa building

Henrico County-based commercial real estate firm Lingerfelt CommonWealth Partners LLC announced Monday it has sold a $10.35 million office building in Tampa, Florida, to Virginia Beach-based real estate investment company Continental Capital Partners.  The two-story, 78,000-square foot Buschwood III office building was 92% leased at the time of the sale to tenants including CoAdvantage, BluePearl[...]

Lisa Meriwether. Photo courtesy The City of Lynchburg Office of Economic Development and Tourism
News July 6, 2020

Meeting Professionals International Va. Chapter chooses board president

Lisa Meriwether, tourism sales manager for Lynchburg’s Office of Economic Development and Tourism, has been named president of the board of directors of Meeting Professionals International’s Virginia chapter. Meriwether was installed as chapter president on June 30 and will serve on the board’s executive committee, responsible for working with the office of the president on [&hel[...]

News July 6, 2020

UPDATED: Nearly 110K Virginia businesses received PPP funds

The U.S. Small Business Administration has released a list of major recipients of its $659 billion Paycheck Protection Program small business relief program, with exact loan amounts redacted. Of the nearly 110,000 small businesses that received funding in Virginia (including Virginia Business Media LLC), approximately 16,100 businesses in Virginia were named on the list of […]

Col. Lettie J. Bien (Ret.) Photo courtesy Charlottesville Regional Chamber of Commerce
News July 6, 2020

Charlottesville Chamber hires Defense Affairs Committee program lead

The Charlottesville Regional Chamber of Commerce announced Monday it has hired retired Col. Lettie J. Bien as the inaugural program coordinator for the chamber’s Defense Affairs Committee (DAC), which serves as an intermediary information-sharing organization for veterans, academics and industry workers.  A retired U.S. Army Reserve Colonel and attorney, Bien will work on community engageme[...]

Roanoke County launches small business relief grants
News July 6, 2020

Roanoke County launches small business relief grants

The Roanoke County Economic Development Department announced Monday it has launched a $1 million small business grant program to help businesses suffering from COVID-19 closures in the county and the town of Vinton. The program is being funded through the federal Coronavirus Aid, Relief, and Economic Security (CARES) Act and will help businesses to cover […]

News July 6, 2020

U.S. nonresidential construction spending dropped in May

Nonresidential construction spending in the U.S. dropped 0.9% during the month of May, the Associated Builders and Contractors announced Wednesday, according to U.S. Census Bureau data. Spending totaled $812.5 billion for the month of May while private nonresidential spending dropped 2.4%. “Certain aspects of today’s data release are precisely what was anticipated, while other elements [&h[...]

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Top Stories

Gregory Washington, president of George Mason University. Photo courtesy GMU

Embattled GMU president survives board meeting with pay raise

George Mason University President Gregory Washington was not ousted at a board of visitors meeting b[...]

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Report: DOGE responsible for nearly 290k job cuts

A Thursday report revealed that United States-based employers have cut more jobs so far this year th[...]

Virginia firm to build $200M White House ballroom co-funded by Trump

Virginia firm to build $200M White House ballroom co-funded by Trump

The White House announced Thursday that it would add a $200 million, 90,000-square-foot ballroom to [...]

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CoStar sues Zillow for alleged copyright infringement

CoStar Group has sued Zillow, claiming that the real estate website is using its copyrighted images [...]

Mars to pump $2B into U.S. manufacturing

Mars to pump $2B into U.S. manufacturing

Mars announced on Tuesday that it plans to invest $2 billion in its U.S. manufacturing operations th[...]

Milestones: Virginia companies celebrating big anniversaries in 2025

Milestones: Virginia companies celebrating big anniversaries in 2025

Even amid the AI revolution currently underway, there are viable signs of stability. The global AI m[...]

People

Dollar Tree promotes new chief legal officer

Dollar Tree promotes new chief legal officer

31/7/2025

Parry Labs names chief growth officer

Parry Labs names chief growth officer

28/7/2025

Empower AI taps new chief growth officer

Empower AI taps new chief growth officer

25/7/2025

Regions

Salem manufacturers plan expansions

Salem manufacturers plan expansions

Three advanced manufacturing operations with roots in Salem recently revealed plans to expand facili[...]

Port of Virginia nears finish of $450M dredging project

Port of Virginia nears finish of $450M dredging project

Seven years after the Port of Virginia launched a $450 million dredging project to become the deepes[...]

Trump coal policy changes could boost Southwest Virginia

Trump coal policy changes could boost Southwest Virginia

Southwest Virginia officials say President Donald Trump’s executive orders aimed at revitalizi[...]

Transco pipeline to expand for Virginia power demand

Transco pipeline to expand for Virginia power demand

In May, Tulsa, Oklahoma-based energy company Williams announced an expansion of its Transcontinental[...]


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