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Petersburg casino bill moves to Senate committee
A Virginia State Senate bill that would allow Petersburg residents to vote on allowing a casino in their city is still in play, following a 7-2 vote by the Senate gaming subcommittee Thursday. The bill will progress to a General Laws and Technology committee vote Wednesday. The bill from Sen. Joe Morrissey, D-Richmond, adds Petersburg […]
Virginia Chamber appoints Transurban exec as board chair
The Virginia Chamber of Commerce has elected Lakshmi Williams, North American general counsel for Transurban, to serve as the 2023 chair of the chamber’s board of directors. Her term will last one year. Based at Transurban’s U.S. headquarters in Tysons, Williams joined the Virginia Chamber’s board in 2018 and has served on the executive board […]
Cushman & Wakefield | Thalhimer promotes marketing director
Cushman & Wakefield | Thalhimer has promoted Kristan Cole to vice president of marketing and brokerage services, the commercial real estate company announced Jan. 9. Cole will lead the firm’s overall marketing strategy as well as provide leadership and oversight of Thalhimer’s research, design, communications and brokerage services teams. “Kristan’s ability to initiate crea[...]
Fourth generation is now driving Estes Express Lines
Richmond-based Estes Express Lines, now entering its 92nd year, has promoted Webb Estes to president and chief operating officer, while his father, former president Rob Estes, will continue as board chairman and CEO of North America’s largest privately owned freight carrier. Billy Hupp, another family member who previously was vice president and COO, has transitioned […]
VCU names medical school dean
Dr. Arturo P. Saavedra will be the next dean of the Virginia Commonwealth University School of Medicine and executive vice president for medical affairs at VCU Health, the university announced Monday. His appointment is effective April 15. Saavedra is currently chair of the University of Virginia’s dermatology department and interim CEO of the U.Va. Physicians […]
Richmond apartments sell for $19.3M
Arlington-based Ritz Banc Group has acquired the Forest Ridge Apartments complex in Richmond from Colony Management for $19.3 million, Colliers announced Jan. 4. The apartment community has 135 units and is located in the Stratford Hills neighborhood, at 2665 Granite Hills Circle. Most of the units have townhome-style floorplans. The new owners are planning renovations […]
Atlantic Union transferring stock listing to NYSE
Atlantic Union Bankshares Corp., the Richmond-based holding company for Atlantic Union Bank, announced Friday it is transferring the listing of its common stock and depositary shares from the Nasdaq to the New York Stock Exchange. The bank’s first day of trading on the NYSE is Jan. 18. “We are excited to join the NYSE alongside […]
Richmond receives 5 proposals for City Center project
Five groups of developers sent in proposals to redevelop Richmond‘s newly rebranded City Center Innovation District, a 9.4-acre downtown area that includes the closed Richmond Coliseum, the Richmond Economic Development Authority and the Greater Richmond Convention Center Authority announced Wednesday. An evaluation panel will assess the five entries and pare them down to a short […]
Richmond restaurant refuses service to Family Foundation
A German-inspired restaurant in Richmond canceled a reservation for a conservative political organization’s private event last week, saying in a statement posted online Thursday night that the decision was made to protect their staff, many of whom are women and/or part of the LGBTQ community. The Family Foundation, the organization that had made the reservation, […]
Martin Agency CEO named global head of MullenLowe Group
Kristen Cavallo, CEO of Richmond-based ad firm The Martin Agency, has been promoted to global CEO of MullenLowe Group and will serve in both positions, Interpublic Group (IPG) announced Thursday. IPG is one of the “Big Four” advertising companies, having started in 1930 as McCann-Erickson. Today, it includes dozens of companies, including MullenLowe, Octagon and […]
Maymont issues RFP for $10M infrastructure project
Maymont, a historic public park and estate in Richmond, issued a request for proposals this week for an estimated $10 million infrastructure improvement project for the Maymont Mansion and wildlife habitats. Part of the Maymont 2025 campaign, the project includes replacing the roof of the mansion and modernizing its ventilation, fire suppression and safety. The […]
Richmond seeks developers for Coliseum property
Two Richmond city authorities issued a request for interest Thursday to redevelop the area surrounding the Richmond Coliseum into a hotel-anchored mixed-use development, the City Center Innovation District. Owned by Richmond’s economic development authority, the 9.4-acre property includes the shuttered Coliseum and other structures that were part of the failed Navy Hill development proposal.[...]
