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Richmond baseball stadium agreement reached — with year delay
The city of Richmond has reached an agreement with developers RVA Diamond Partners on the $2.44 billion Diamond District development and a new baseball stadium expected to open in spring 2026 — a year later than Major League Baseball’s April 2025 deadline. Now it’s up to MLB to decide whether to grant the city an […]
VCU to open $125M STEM building next week
Virginia Commonwealth University will open its $125 million College of Humanities and Sciences’ 168,000-square-foot STEM building during a ribbon cutting scheduled next week. The six-floor building, located at 817 W. Franklin St. in Richmond, will expand lab, classroom and office space for the college, which is home to 17 departments, two schools and three programs. […]
AT&T Virginia president adds Maryland, Delaware, D.C. to duties
AT&T Virginia President Vince Apruzzese Jr. will add the role of president of external affairs for Delaware, Maryland and Washington, D.C., to his duties, the company announced Wednesday. Apruzzese has served as AT&T’s Virginia president since 2010. In his expanded role, Apruzzese, who’s based in Richmond, will lead AT&T’s legislative, public policy and philanthropic [...]
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 […]
Lighthouse Labs names new managing director
Art Espey will be the new managing director of Richmond-based Lighthouse Labs, beginning April 17, replacing Paul Nolde, who is leaving to lead 757 Collab and 757 Angels in Hampton Roads. Lighthouse Labs, launched in 2012, is an equity-free, early-stage startup accelerator. Espey previously served as vice chair of Lighthouse Labs’ board of directors from […]
Retail/office collection in Richmond sells for $6.3M
A combined 15,994 square feet of retail and office buildings in Richmond’s West End area sold for $6.3 million in late March, according to Cushman & Wakefield | Thalhimer. The buildings are located at the corner of Grove and Granite avenues, at addresses 5701-5707 Grove Ave. and 124 Granite Ave. About half of the buildings […]
Greater Richmond United Way names new CEO
A familiar face is returning to the United Way of Greater Richmond & Petersburg as its next president and CEO: Barbara Couto Sipe, formerly president and CEO of nonprofit NextUp RVA, will take over leadership of the United Way of Greater Richmond & Petersburg starting June 16, the United Way chapter announced Wednesday. “Returning to […]
Arko tries to keep $1.4B TravelCenters of America bid alive
Updated 5:30 p.m. March 28 Henrico County-based Fortune 500 convenience store holding company Arko Corp. is rivaling British oil and gas giant BP in a $1.4 billion bid to acquire Westlake, Ohio-based TravelCenters of America Inc., a publicly traded convenience store chain with 281 retail stores and roadside restaurants in 44 states. On Monday, Arko […]
Martin Agency is Ad Age’s 2023 Agency of Year
Richmond advertising firm The Martin Agency has been named Ad Age’s 2023 Agency of the Year, a year after being named as a standout on the trade publication’s A-List. Ad Age, a global media outlet covering the marketing and advertising industries, cited Martin’s record; the ad agency posted its second-best year of growth in its […]
UR alumni couple donates $25M for student learning center
Carole and Marcus Weinstein, alumni of the University of Richmond, have donated $25 million — the second-largest single gift in the Richmond university’s history — to support a center focused on student learning, UR announced Wednesday. The Carole and Marcus Weinstein Learning Center will be located in the Boatwright Memorial Library. The gift will enable […]
Hourigan promotes CAO to construction president
Richmond-based construction and development firm Hourigan Group has promoted Bryan Jones to head its construction division, the company announced Tuesday. Jones joined Hourigan in 2016 and served as chief administrative officer before his promotion to president of construction. “Bryan personifies leadership at the highest level and I look forward to working together for many years […]
Building blocks
If you ask economic development officials in Central Virginia about 2022, they might respond with a familiar slogan: “Everything is awesome.” With almost 5,000 announced jobs and $1.6 billion in capital investment, the Richmond region had one of its best years in the last two decades. By October 2022, the region recovered 100% of jobs […]
