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Richmond

Mar 17, 2020

Richmond restaurateurs closing dining rooms to slow COVID-19

A coalition of Richmond-area restaurant owners led by Richmond Restaurant Group (RRG) announced in an email early Tuesday morning that they will close their dining rooms to prevent the spread of novel coronavirus. “We have been doing all we can to keep our people working, while also keeping you as our guests healthy and safe,” […]

Molly Whitfield, Madison+Main president
Mar 5, 2020

Madison+Main names new president

Richmond-based brand communications firm Madison+Main on Thursday announced that it has promoted Chief Operating Officer Molly Whitfield to president, effective March 1. Whitfield, who will continue in her COO role, is the second president in the firm’s 15 years in business. Whitfield began working with the agency in 2007 and is Madison+Main’s longest-tenured staff member.  […]

Feb 28, 2020

Richmond’s Liqui-Box completes $585M DS Smith plc acquisition

Richmond-based packaging company Liqui-Box Corp. completed its acquisition of London-based international packaging business DS Smith plc’s plastics division to create a combined company with 35 manufacturing facilities and approximately 3,000 employees, the company announced Thursday. Financial terms of the transaction were not disclosed, but media reports last fall stated that the United Ki[...]

VCU Honors College names new dean
Feb 28, 2020

VCU Honors College names new dean

Virginia Commonwealth University has tapped Scott C. Breuninger as dean of its honors college, VCU announced Friday. Breuninger starts on July 1. Breuninger currently works with the University of South Dakota (USD) as the director of its honors program and as an associate professor of history. He has been with USD since 2011 and grew […]

Feb 27, 2020

Old Navy taps Richmond’s Martin Agency for ad campaign

Old Navy has chosen The Martin Agency as a creative agency partner, according to reports this week from AdAge and Ad Week. “The Martin Agency is thrilled to announce that we’ll be working with Old Navy on a new campaign that will launch in May 2020,” the company said in a statement. The Richmond-based advertising […]

Rendering courtesy Capital Square
Feb 26, 2020

$32.4M apartment complex coming to Scott’s Addition

A $32.4 million, 350-unit apartment complex will be built in the Scott’s Addition neighborhood in Richmond, Glen Allen-based real estate investment group Capital Square 1031 announced Tuesday. The project will be developed by CSRA/GS Opportunity Zone V LLC at 1601 Roseneath Road, which is a designated opportunity zone in the city — and the fourth […]

Feb 21, 2020

Beer Marketing & Tourism Conference coming to Richmond in 2021

Richmond will play host to next year’s Beer Marketing & Tourism Conference, Richmond Region Tourism announced Friday. The annual conference draws attendees from breweries, guilds, tour operators, marketing agencies and media from around the country. The 2021 conference will take place Feb. 23-25, 2021, at the Omni Richmond Hotel downtown. Richmond’s craft beer profile has […[...]

Feb 18, 2020

City of Richmond moves up in general obligation debt rating

Moody’s Investors Services upgraded the city of Richmond‘s general obligation debt rating to Aa1, its second-to-highest creditworthiness rating, Richmond Mayor Levar Stoney announced Tuesday. A city’s credit rating determines the amount that a locality may borrow for capital projects, including schools. The city has not received an upgrade since 2014. With this change in rating, [...]

Ram B. Gupta (second from L) guides the lithium battery study. Photo courtesy VCU College of Engineering
Feb 13, 2020

VCU receives $2.5M grant to extend battery life development

Virginia Commonwealth University researchers will receive a $2.5 million research grant from the U.S. Department of Energy (DOE) to develop long-lasting rechargeable batteries, the university announced Thursday. VCU researchers believe they can significantly extend battery life, drive down costs and reduce safety risks by redesigning materials found in lithium-ion batteries, which are commonly use[...]

Siemens is Dominion Energy Inc.'s preferred turbine suppliers for the company's offshore wind project. Photo courtesy Dominion
Feb 11, 2020

Dominion sets net-zero carbon goal by 2050

Richmond-based Dominion Energy Inc. announced Tuesday a new goal of achieving net-zero carbon dioxide and methane emissions from its electricity generation and gas infrastructure operations by 2050. The new benchmark significantly raises the stakes for Dominion, which announced in October 2019 plans for reaching 80% carbon reduction by 2050. The company previously committed to cut […]

Opportunity Virginia website launches
Feb 11, 2020

Richmond’s $1.5B Navy Hill project is dead

Richmond City Council on Monday formally killed the $1.5 billion Navy Hill proposal, with seven of nine members voting to strike several elements of the plan from the council’s consent agenda. After the vote, council members passed a resolution that Richmond Mayor Levar Stoney start over with a request for proposals to develop the area […]

Rendering of the proposed VCU Health Systems complex in Richmond's Navy Hill area
Feb 4, 2020

VCU Health proposes medical complex as part of Navy Hill project

The $1.5 billion Navy Hill project — as proposed — may be killed next Monday by Richmond City Council, but that hasn’t stopped Virginia Commonwealth University and other heavy hitters from making economic development announcements in an effort to salvage the controversial project. VCU Health System announced Tuesday that it would build a complex in […]

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