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Recent Articles from Sydney Lake
Nearly 1M U.S. construction jobs lost in April
The United States construction industry lost 975,000 jobs in April, according to an Associated Builders and Contractors (ABC) analysis of data released by the U.S. Bureau of Labor Statistics. It’s the largest recorded decrease in construction jobs since 1939 — when the government first started tracking employment, according to ABC. “The hope had been that […]
Land near Richmond stadium sells for $1.95M
A vacant plot of land in Richmond across from The Diamond baseball stadium has sold for $1.95 million, Colliers International announced Thursday. Located at 3110 N. Arthur Ashe Blvd., the property is 1.19 acres. The property is located directly across from the planned Boulevard redevelopment project, known as The Boulevard RVA. The redevelopment project launched […]
Va. Beach apartment complex sells for $6.575M
The Falcon Point apartment complex in Virginia Beach has sold for $6.575 million, Colliers International announced Thursday. Seminole Trail Properties purchased the property from The Runnymede Corp. Located at 2105 Lake Smith Drive, Falcon Point includes 64 apartment units. It was constructed in 1971 and has received both exterior and interior renovations. The apartment complex […]
Facebook awards nearly $170k in grants to three Va. newsrooms
Facebook Inc. announced Thursday that it has awarded a total of nearly $170,000 from its COVID-19 Local News Relief Fund Grant Program to three Virginia media outlets: The Richmond Free Press, Charlottesville Tomorrow and the Henrico Citizen. Facebook received more than 2,000 applications for the funding, dividing more than $10 million in grants among 144 […]
Virginia’s Community Colleges launch portal promoting online courses
Virginia’s Community Colleges (VCC) announced Wednesday it would launch an online portal, CollegeAnywhereVA.org, to connect current and prospective students to the more than 10,000 online courses that are offered through its 23 member colleges. “Virginia’s students are facing unprecedented circumstances that affect every aspect of their lives, including higher education,” VCC Chancellor [...]
Nearly 60k Virginians filed jobless claims last week
Nearly 60,000 Virginians filed initial claims for unemployment last week, according to the Virginia Employment Commission, a decrease of about 12,000 jobless claims from the week prior. “Though the 17.7% decline indicates that the volume of initial claims has retreated from its recent peak, it may not return to pre-pandemic levels for some time,” VEC […]
Reston-based Ellucian names chief marketing officer
Reston-based higher education software company Ellucian announced Wednesday it has named Sharon Loeb as its chief marketing officer. She will lead marketing initiatives and digital transformation for the company. Loeb was most recently the executive vice president and chief marketing officer at Cengage Learning, where she led marketing, communications and public affairs for the company. […]
Fairfax consulting company names president
Fairfax-based IT and management consulting contractor Axiologic Solutions LLC announced Wednesday it has named Andy Baratta as its president, who will lead business development and growth strategy for the company. Baratta was most recently the chief operating officer at Fairfax-based Data and Analytic Solutions Inc. He also previously worked as a vice president at Fairax-based […]
Drones tested for emergency medical deliveries
The sky’s the limit when it comes to COVID-19-related solutions. After being approached by the state government, the Herndon-based Center for Innovative Technology (CIT) partnered with Virginia Beach-based DroneUp to test how drones can assist medical professionals in delivering test samples and personal protective equipment in no-contact, emergency situations, DroneUp announced this week. [...]
Developers propose $350M tower to replace Richmond Public Safety Building
The development team that created plans for the failed $1.5 billion Navy Hill proposal in downtown Richmond has returned to the scene, this time with a lower-stakes proposal that would not require funding by the city, a sticking point in the earlier plan. Capital City Partners LLC, the partnership between Michael Hallmark of Los Angeles-based […]
