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This iconic, round office building in Richmond’s Museum District sold for $1.2M
One of Richmond’s most Instagram-worthy buildings has sold for $1.2 million. Located on the corner of Thompson Street and Floyd Avenue in the Museum District, the 1950s-era, circular building previously served as headquarters for Ellwood Thompson’s Local Market, a local organic grocer. The building sold on April 23 but Cushman & Wakefield | Thalhimer announced […]
VCU launches pharmaceutical sciences undergrad degree
Graduate school isn’t a prerequisite for a career in the pharmaceutical industry. Virginia Commonwealth University’s new Bachelor of Science in Pharmaceutical Sciences (BSPS) degree will prepare students to step into pharma jobs like quality assurance technicians, research technologists and laboratory technicians, according to Kelechi “K.C.” Ogbonna, dean of VCU’s S[...]
Lighthouse Labs leader has ‘deep heart for entrepreneurship’
Explaining how she became involved in supporting entrepreneurism, the new managing director of Richmond-based accelerator Lighthouse Labs jokes that “it was all accidental.” As a James Madison University senior putting herself through school, Debbie Irwin couldn’t find a class that lined up with her work schedule, so her dean suggested writing a senior thesis instead. […]
Making headway
With recent expansions nearly complete, and a new Southwest Virginia port under consideration, it’s been a busy year for the commonwealth’s inland ports. The industrial market from Hampton Roads to Richmond has expanded in terms of industrial space available, says Devon Anders, president of the Harrisonburg-based InterChange Group and chair of the Virginia Maritime Association’s [...]
The insiders
The new leadership of The Martin Agency, a nationally prominent Richmond-based ad agency that counts GEICO and UPS among its clients, isn’t so new. Danny Robinson, who has been with the 400-person agency for 20 years and served as chief creative officer for the last three, succeeded Kristen Cavallo as Martin’s CEO this year, but […]
Fahrenheit Advisors announces new COO
Richmond-based consulting firm Fahrenheit Advisors has added Kris Cravey to its executive ranks. Cravey, formerly chief people officer at Virginia Beach-based DroneUp, will be chief operating officer at Fahrenheit Advisors, the company announced Tuesday. In his new role, he will take primary responsibility for overseeing the execution of Fahrenheit Advisors’ strategy, growth and client servi[...]
Virginia Black Chamber to host first govcon conference
The founders of the Virginia Black Chamber of Commerce decided to provide a venue for Black business owners to learn how to find success with government contracting. “We wanted to just bring together all of our business owners or people who are interested in potentially looking into local, state and government contracting,” said Tracey J. […]
Allen & Allen announces new president
Jason W. Konvicka is succeeding Edward L. Allen as president of Allen, Allen, Allen & Allen, the Richmond-based law firm announced April 11. Konvicka joined the personal injury firm as a trial attorney in 2000 and became a shareholder in 2006. Allen led the firm as president for the past six years and will continue […]
Atlantic Union completes $507M purchase of American National
Richmond-based Atlantic Union Bankshares completed its acquisition Monday of Danville-based American National Bankshares, parent company of American National Bank and Trust. Based on the $35.31/share closing price Thursday of Atlantic Union common stock, the transaction value was approximately $507 million, according to Atlantic Union’s news release Monday. The deal was announced in July 202[...]
Top Five April 2024
The top five most-read daily news stories on VirginiaBusiness.com from Feb. 14 to March 13 were led by news that Danish toymaker Lego will delay production at its Chesterfield County facility until 2027. 1 | Lego delays Chesterfield production start to 2027 Lego Group will begin production at its $1 billion manufacturing facility […]
Atlantic Union names new Hampton Roads president
Richmond-based Atlantic Union Bank has named Lisa Morgan its new Hampton Roads market president, the Richmond-based bank announced Monday. Morgan will also continue to hold the role of wealth relationship director with the bank’s wealth consulting group, a position she has held since she joined Atlantic Union Bank in 2021. Morgan will be the first […]
Cavallo announces retirement
MullenLowe Global CEO Kristen Cavallo, formerly also CEO of Richmond-based marketing and advertising firm The Martin Agency, is retiring from her role to pursue political and social activism, MullenLowe and Martin parent Interpublic Group of Cos. (IPG) announced Monday. Cavallo became CEO of MullenLowe Global in November 2022 and continued to lead Martin until January, […]
