Sign In
Free Newsletter
Branch builds career pipeline for girls
Women made up about 11% of the construction workforce in 2021, but that doesn’t mean they were all on site wearing a hard hat. That percentage includes women in office and administrative roles, positions more traditionally filled by females, according to the Institute for Women’s Policy Research. And so, many recruiters see women as an […]
Roanoke apartments sell for $14.6M
Gramercy Row Apartment Residences has a new owner. Tazewell Development LLC sold the 82-unit apartment community with ground floor commercial space in downtown Roanoke to a private investor group for $14.6 million on Sept. 22, according to Cushman & Wakefield | Thalhimer. The apartments, built in 2017, are located at 206 Williamson Road SE. Clay […]
Roanoke Days Inn sells for $3M
A Roanoke Days Inn has a new owner. Saul Urban LLC purchased the 165-room hotel, located at 601 Orange Ave., from Shri Sainath Enterprises LLC for $3 million, according to Colliers. The new owner is planning a comprehensive renovation of the property and is exploring alternative uses. Prashant Merchant and Nic Wade, both of Colliers, […]
Charging up
Virginia Del. Richard “Rip” Sullivan Jr. is one of the General Assembly’s biggest advocates for electric vehicles. But when the Fairfax County Democrat went to buy a car in 2018, he started feeling anxious about the electric cars on offer — particularly their relatively limited range, given the lack of electric vehicle (EV) chargers in […]
Manchin hits gas on Mountain Valley Pipeline
First proposed in 2014, the 303-mile, $6.6 billion Mountain Valley Pipeline has seen its construction progress delayed time and time again by federal courts, regulators and environmentalists. Indeed, MVP has faced so many setbacks that NextEra Energy Inc. said in February it was reevaluating its investment in the natural gas pipeline, citing “a very low […]
Hitting home
“The stereotypical view is that every young lawyer wants to work from home,” unlike their older peers, observes Victor O. Cardwell, principal and chairman of Roanoke-based Woods Rogers Vandeventer Black PLC. Indeed, 51% of baby boomer attorneys report being eager or very eager to get back to the office, but just 22% of their millennial […]
Generation next
There’s a new wave of “super collaborators” driving economic development in the Roanoke and New River valleys. Many of the top positions in the region’s public and private sector economic development engines have turned over in the past couple of years. In multiple cases, individuals who had held positions for decades decided to retire or […]
Virginia Transformer Corp. launches EV charger module
Roanoke-based power transformer manufacturer Virginia Transformer Corp. has entered the electric vehicle market by launching a manufacturing division to create components for commercial electric vehicle power chargers, with plans to expand the initiative, the company announced Monday. Commercial customers can build self-contained, scalable power modules from VTC’s new product, E2V. The unit [...]
On a mission
Virginia Business’ 2022 Virginia CFO of the Year award winners represent large and small businesses and large and small nonprofits. Small nonprofit | David Argabright, CFO Feeding Southwest Virginia, Salem David Argabright’s background in construction came in handy when Feeding Southwest Virginia opened its Community Solutions Center in a high-crime, poverty-stricken area of Roanoke.[...]
Lead on
Not long after D’Ivonne Holman became director of development for Northern Virginia family services nonprofit Britepaths in 2018, she signed up to participate in Leadership Fairfax, a leadership development organization focused on local and regional challenges in Fairfax County. Her boss, a Leadership Fairfax alum, encouraged her to apply. She was accepted into Leadership Fairfax’s [&h[...]
FOR THE RECORD
Central Virginia The state’s fiscal 2023-24 budget, approved June 1, contains funding that will benefit future redevelopment of the Central Virginia Training Center site in Madison Heights. Republican Sen. Steve Newman requested $25 million in state money to annul outstanding bonds associated with CVTC, a former state facility for people with intellectual disabilities that closed […[...]
Roanoke business center sells for $6.8M
Century Business Center in Roanoke has sold for $6.8 million, Cushman & Wakefield | Thalhimer announced this week. ABMAR Century Business Center LLC, a regional investment group purchased the 52,306-square-foot multitenant flex-office building from Planta LLC. The property was 92% leased at the time of the sale. Price Gutshall and Wyatt Poats of Cushman & […]
