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Renovating Roanoke’s ‘Grand Old Lady’
The Hotel Roanoke & Conference Center, Curio Collection by Hilton plans a $14 million renovation this year, bringing new technology, new design and new, custom-made Hotel Roanoke-logoed furniture to every one of its 329 guest rooms. The hotel’s most recent renovation, completed in 2020, upgraded its Pine Room restaurant, created the 1882 lobby bar and […]
Roanoke apartment complex sells for $7.25M
Mount Pleasant Villas apartments, a 90-unit community in Roanoke, has changed hands. Raleigh, North Carolina-based Sweetbay Capital, a real estate private equity firm, acquired the apartment complex from JC Capital Rutrough for $7.25 million in early December, according to Cushman & Wakefield | Thalhimer. It’s the company’s third acquisition in Roanoke. Clay Taylor from Cushman [[...]
Gov. proposes $90M to launch ‘Va. Research Triangle’
In a preview of his 2024-26 proposed budget, Gov. Glenn Youngkin announced Monday that he is including $90 million in one-time funds to create “Virginia’s Research Triangle,” a network between the University of Virginia, Virginia Commonwealth University and Virginia Tech to build collaboration in biotechnology, life sciences and pharmaceutical manufacturing. Youngkin’s bien[...]
Interim VP of Carilion Mental Health becomes permanent
Carilion Clinic has named Lisa Sprinkel its permanent vice president of Carilion Mental Health, adding to her duties as vice president of Carilion Clinic Home Health and Hospice department. With Dr. Robert Trestman, Carilion’s mental health chair, Sprinkel will lead the mental health team, which has a new location at Tanglewood Center in Roanoke County. […]
Nation’s first Goodwill-owned supermarket to open in NW Roanoke
Roanoke-based Goodwill Industries of the Valleys broke ground Nov. 14 on Melrose Plaza, a community hub that will be anchored by the nation’s first full-scale, full-service grocery store owned and operated by a Goodwill organization. Slated to open in December 2024 in a Northwest Roanoke food desert, the 25,000-square-foot Market on Melrose is expected to […]
Friendship retirement community acquires Richfield Living
Friendship, a Roanoke-area retirement community, announced Monday that it has acquired Richfield Living, a former competitor in the region, for $62 million. Friendship announced the acquisition Monday. The combined not-for-profit retirement communities will operate under the name Friendship, but will keep Richfield Living’s name and identity, and will have 1,000 employees serving 1,500 resid[...]
VTCSOM seeks to create neurosurgery department
Administrators at the Virginia Tech Carilion School of Medicine are working toward establishing a department of neurosurgery, a step up from its smaller program. The State Council of Higher Education for Virginia (SCHEV) received the school’s proposal for creating the new department in early August and could vote on it as soon as Oct. 24, […]
Wells Fargo to launch $87M expansion in Roanoke County
San Francisco-based Wells Fargo will spend $87 million to modernize and expand its Roanoke County customer support center, adding 1,100 jobs in a deal that will make the bank the county’s largest employer. The deal is also the largest project employment announcement in the county’s history, as well as its largest commercial office investment, Gov. […]
Virginia Tech research institute receives $50M gift
A foundation established by the estate of Richmond philanthropist Bill Goodwin‘s late son, Hunter, has made a $50 million commitment to support cancer and neuroscience research at the Fralin Biomedical Research Institute at VTC, Virginia Tech announced Tuesday. The gift is one of three record $50 million donations Virginia Tech has received, including the 2018 […]
Finance | Insurance 2023: FRANK LUCIA
Since 2017, Lucia has led Delta Dental of Virginia, one of the state’s largest dental benefits carriers, with about 350 employees and $766 million in revenue, and its holding company, Corvesta. Previously, he was president and CEO of Dean Health Plan and worked in finance for Cigna and WR Grace. Lucia has been involved with […]
Manufacturing 2023: MANMEET S. BHATIA
Bhatia joined Japanese-owned Toshiba Mitsubishi-Electric Industrial Systems Corp. (TMEIC) in 2003 as general manager of operations for Toshiba and Mitsubishi’s U.S.-based joint venture with General Electric that ultimately became TMEIC Americas, a regional subsidiary that designs and develops advanced automation systems, large AC and DC motors and photovoltaic inverters. During his career at[...]
Law 2023: JOHN P. FISHWICK JR.
As founder of Fishwick & Associates, a trial law firm with a focus on personal injury, civil rights and federal criminal law, Fishwick stays busy. He also has a significant profile as a legal expert for the national media, appearing on CNN, MSNBC and Fox Business Network, as well as being quoted by The New […]
