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Albemarle County

Jan 11, 2023

Fertility testing startup to establish $1.4M Albemarle HQ

Life sciences startup PS-Fertility Inc. will invest $1.4 million to establish its headquarters and operations in Albemarle County and plans to create 31 jobs, Gov. Glenn Youngkin announced Wednesday. PS-Fertility Inc. will commercialize a male fertility diagnostic technology that was originally developed at the University of Virginia. The company will lease 4,000 square feet at […]

Potter’s Craft Cider plans expansion
Aug 1, 2022

Potter’s Craft Cider plans expansion

Albemarle County-based Potter’s Craft Cider will expand its production operation and add eight jobs, Gov. Glenn Youngkin‘s office announced Friday. The company will undertake adaptive reuse of a vacant 11,500-square-foot warehouse in the Woolen Mills District near downtown Charlottesville. The new cidery, which will have a $900,000 capital investment, will create eight jobs, triple pro[...]

Albemarle retail building sells for $2.3M
Jul 29, 2022

Albemarle retail building sells for $2.3M

Woodhaven Development Group LLC purchased a 3,204-square-foot retail building in Albemarle County from First Citizens Bank & Trust Co. for $2.3 million. The property is located at 1815 Fortune Park Road in Albemarle and will be redeveloped. The building is on 1.35 acres of land off U.S. Route 29 near the Charlottesville-Albemarle Airport. John Pritzlaff, […]

May 29, 2022

Albemarle’s industrial age

In Albemarle County, industrial space, not office or retail, “has been the bright spot in commercial real estate” in terms of demand, says Lisa Sturtevant, research leader at Bright MLS Inc. “All of a sudden, there’s been a big rush for industrial space,” she says, but adds, “Good luck in finding it right now.” Albemarle […]

Oct 14, 2021

Sugar alternative company to create 64 jobs in Albemarle County

Virginia sugar alternatives company Bonumose Inc. will invest $27.7 million to expand in Albemarle County in a partnership with The Hershey Co. to research and develop reduced or zero sugar chocolate products, creating 64 jobs, Gov. Ralph Northam announced Thursday. Bonumose will move into 36,000 square feet in the former State Farm building to increase […]

Feb 12, 2021

Seven Va. exporters graduate from VALET program

Gov. Ralph Northam announced on Friday the list of the latest seven companies to graduate from the Virginia Economic Development Partnership‘s (VEDP) Virginia Leaders in Export Trade (VALET) program. More than 300 companies have now graduated from the a two-year international business acceleration program that assists participating Virginia exporters with international sales plan development[...]

Feb 1, 2021

Pharma manufacturer announces Albemarle County expansion

Pharmaceutical manufacturer Afton Scientific LLC will invest $500,000 to expand its Albemarle County operations, adding 20 jobs, Gov. Ralph Northam announced Monday. The company will add 8,000 square feet to its 2020 Avon Court facility to “accommodate its 50% growth over the past year and expected similar growth in 2021,” according to a statement from […]

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