Brightpoint promotes Fiege to president
William “Bill” Fiege will be the eighth president of Brightpoint Community College, the Virginia Community College System announced Monday. Fiege will begin his new role on Jan. 2, 2024. Van Wilson has led Brightpoint as interim president since February 2023, after former President Ted Raspiller stepped down from the role to take a job with […]
Timmons tops off $50M HQ in Chesterfield County
Engineering and design firm Timmons Group topped off the last steel beam of its new, $50 million headquarters Friday at Chesterfield County’s Springline at District 60 mixed-use development. The five-story, 150,000-square-foot building is part of the $210 million, 42-acre first phase of the county’s Springline at District 60 development, located on Midlothian Turnpike off Chippenham […]
Chesterfield shopping center sells for $4.8M
The Corner Shops at Chesterfield Towne Center has a new owner. Midlothian Pike Investments sold the 8,120-square-foot retail center for $4.8 million, Cushman & Wakefield | Thalhimer’s Capital Markets Group announced Nov. 22. 1834 East 4 Street LLC purchased the shopping center, located at 11530 Midlothian Turnpike, as an investment as part of a 1031 […]
Lego donates $1M to six Richmond-area nonprofits
Lego Group has distributed $1 million in grants across six Richmond region nonprofits, the Danish toymaker announced Thursday. The company, which broke ground in April on its $1 billion manufacturing facility in Chesterfield County, awarded the funding to organizations serving children and families as part of its commitment to help kids “learn through play.” “Today […]
Atlantic Union CEO tapped as American Bankers Assoc. chair-elect
Atlantic Union Bankshares CEO John C. Asbury is the 2023-2024 chair-elect for the American Bankers Association. ABA announced its new board officers and directors on Tuesday, following its annual convention in Nashville, Tennessee. Asbury was the ABA’s 2022-2023 vice chair. He’s a past chairman of the Virginia Bankers Association and the Mid-Size Bank Coalition of […]
Construction starts on $80M apartments in Chesterfield
The developer of an estimated $80 million apartment building in Chesterfield County’s Springline at District 60 mixed-use development broke ground at the site on Sept. 28. The James at Springline will have 298 apartments and 28,000 square feet of ground-level retail space. Connecticut-based Collins Capital Partners is the lead developer. The project is scheduled for […]
Love at first site
Home to eight Fortune 500 companies and three Fortune 1000 companies, metro Richmond is “punching above our weight” for a region of 1.3 million residents, says Jennifer Wakefield, president and CEO of the Greater Richmond Partnership. For the third year in a row, the Richmond region was named by Business Facilities magazine as a top […]
Manufacturing 2023: JOHN M. STEITZ
A global manufacturer of plastic films and aluminum extrusions, Tredegar is a 1989 spinoff of Richmond fuel additives company Ethyl. Steitz was named president and CEO in 2019 following the retirement of John D. Gottwald, who had served in the role for 30 years. Steitz had served on Tredegar’s board of directors since 2017 while […]
Education 2023: MAKOLA M. ABDULLAH
Abdullah received the ultimate show of support from VSU in 2022, when he signed a multimillion-dollar deal to stay on as president through 2029. The public historically Black university was struggling financially when Abdullah arrived in 2016, but he has since righted the ship, leading the school to a budget surplus. VSU was ranked No. […]
Real Estate 2023: BRIAN F. BORTELL
Bortell has been with Timmons Group for over three decades, starting his career with the company as an entry-level engineer and working his way up into his current role. He sets the strategic direction for the 1,000-plus-person firm and oversees its four operating divisions and 18 offices across the U.S. Under Bortell’s leadership, Timmons Group […]
Manufacturing 2023: DAVID LEDESMA
Formerly the head of DuPont’s plant in Buffalo, New York, Ledesma moved south to lead its facility in Chesterfield County in 2021. Founded in 1929, the Spruance plant is DuPont’s largest manufacturing site in the world, and it produces Tyvek, Nomex and Kevlar, materials that were in great demand at the start of the pandemic […]
Economic Development 2023: H. GARRETT HART III
A major success for Hart this year was the announcement of the Springline at District 60 mixed-use development project in Chesterfield County. Long in the making, it features apartments, office, entertainment and retail areas. Demolition of the old Spring Rock Green shopping center began in March, making way for a $210 million, 42-acre first phase […]