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Top Five October 2024
The top five daily news stories on VirginiaBusiness.com from Aug. 16 to Sept. 13 included news that LL Flooring is selling 219 stores and other assets to an entity connected to F9 Group, which is owned by Lumber Liquidators’ founder and former CEO, Tom Sullivan. 1 | Portsmouth business owner pleads guilty to $1.3 […]
Richmond Flying Squirrels’ new stadium will be CarMax Park
With confetti flying and a DJ playing walk-up music for Richmond‘s mayor and other luminaries, the Richmond Flying Squirrels announced Wednesday that Fortune 500 company CarMax will be naming sponsor for the Squirrels’ new ballpark starting with the 2026 season. The replacement for the Richmond Diamond will be known as CarMax Park, officials with the […]
Richmond switches up stadium funding plan
UPDATED JULY 16 Richmond City Council this spring pitched a bit of a curveball on financing of the city’s new baseball stadium. On May 8, councilors approved a plan that they say would save the city money and get the replacement stadium — part of the proposed Diamond District — completed in time to meet […]
Arts | Entertainment | Sports 2023: TODD ‘PARNEY’ PARNELL
In his 30-plus years in Minor League Baseball, Parnell has built a reputation for bringing in the crowds. In 2022, the Squirrels — the Double-A affiliate of the San Francisco Giants — led all 30 Double-A teams in total and average attendance. It was the first time in franchise history the team achieved that milestone. […]
Richmond City Council approves Diamond District
Richmond City Council voted unanimously May 8 to approve the $2.44 billion Diamond District project, which includes a replacement for the aging stadium that’s home to the Double-A Richmond Flying Squirrels baseball team. The Diamond District’s first phase, expected to cost $627.6 million, includes a 9,000-capacity, $90 million-plus baseball stadium and a hotel with at […]
Richmond City Council approves Diamond District
Richmond City Council members voted unanimously Monday to approve the $2.44 billion Diamond District mixed-use development, which aims to include a replacement for the 38-year-old stadium of the Double-A Richmond Flying Squirrels baseball team by the end of 2025. Councilors also approved an ordinance to convey 61 acres of city-owned land to the Richmond Economic […]
Squirrels president is worried over ballpark timeline
The Richmond Flying Squirrels are worried that a new stadium may not be ready by April 2025 as needed to meet new Major League Baseball regulations, according to the Minor League Baseball team’s president and managing partner, Lou DiBella. In a statement Tuesday, DiBella said that there has been “very little progress” from the city […]
UPDATED: Richmond picks Diamond District development team
Updated Sept. 15 The city of Richmond announced Monday it has selected a joint venture including Richmond-based Thalhimer Realty Partners to build a new baseball stadium for the Richmond Flying Squirrels, as well as a mixed-use development surrounding the stadium, revitalizing the area into a new neighborhood to be known as the Diamond District. The […]
Diamonds in developers’ eyes
Standing near the grand entrance of upcoming entertainment venue and food hall The Park at RVA, Orcun Turkay says he’s excited for the future of Richmond‘s newly branded Diamond District. He calls it “Scott’s Addition 2.0,” referencing the trendy adjoining neighborhood. Exact plans for the Diamond District, which will include a replacement for the city’s […]
Richmond pares down Diamond District developer pool
Story updated, March 24 at 11:45 a.m. The city of Richmond announced Wednesday that six competing development teams have been chosen out of 15 applicants to continue in the competition to redevelop the Diamond District area near the Richmond Flying Squirrels‘ stadium. The city requested applications late last year for the 67.57-acre site, which would […]
Arts | Entertainment | Sports
TONY BENNETT DEAN AND MARKEL FAMILIES MEN’S HEAD BASKETBALL COACH, VIRGINIA CAVALIERS MEN’S BASKETBALL, CHARLOTTESVILLE The University of Virginia men’s basketball team fell victim to a positive COVID-19 test in March, forcing it to withdraw from the ACC Tournament — a “gut punch,” Bennett called it. The team was cleared in time to play in […]
