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Phase Three reopening starts July 1
Virginia will enter Phase Three of the state’s Forward Virginia reopening plan on Wednesday, July 1, ending restrictions on restaurants, retail stores and bars, among other changes, Gov. Ralph Northam said Tuesday. “This gives us about three-and-a-half weeks of Phase Two where we have been able to follow the data,[...]
Two retail spaces in Harrisonburg sell for $5.25M
Two retail spaces in a Harrisonburg shopping center have sold for a total of $5.25 million, Harrisonburg-based commercial real estate brokerage Cottonwood Commercial announced Monday. The 2,500-square-foot Starbucks unit and a 5,000-square foot unit occupied by Potbelly Sandwich Shop and Sleep Number, a bedding store, were pur[...]
Norfolk apartment complex sells for $17M
The Brittany Place apartment complex in Norfolk has sold for $17 million, New York City-based commercial real estate company Berkadia Commercial Mortgage LLC announced late last week. Located at 6143 Edward Street, the complex includes 148 two-bedroom units. The Affordable Housing Corp. sold the property to 6143 Edward Street [...]
Danville Pittsylvania County Chamber to move Sept. 1
The Danville Pittsylvania County Chamber of Commerce announced Tuesday that it will move to leased space within the Institute for Advanced Learning and Research (IALR) in Danville as of Sept. 1. The Chamber has been located in Blairs since 2005, when the Pittsylvania County Chamber of Commerce and the Danville Area Chamber of Commerce merged. […]
JMU leaders want Confederate names removed from buildings
James Madison University announced Monday that university leadership is asking the JMU Board of Visitors to rename three campus buildings on its Quad that are named for Confederate leaders Gen. Thomas “Stonewall” Jackson, Col. Turner Ashby Jr. and Matthew Fontaine Maury. “We recognize that these building names a[...]
Gannett’s Rugged Races subsidiary to host virtual runs during pandemic
While large events have been canceled amid the pandemic, Rugged Races, a subsidiary of McLean-based Gannett Co. Inc. (the nation’s largest newspaper publisher), announced Monday it has signed a licensing agreement with Warner Bros. Entertainment Inc. to produce virtual runs with superhero and comic book characters. “Unlike a traditional road race where thousands of people […]
Henry County manufacturer announces $6.9M expansion
Henry County-based manufacturing company Drake Extrusion Inc. will invest $6.9 million to expand its operations, Gov. Ralph Northam announced Monday. Drake Extrusion, a subsidiary of Sweden-based filament yarn and staple fiber manufacturer Duroc AB, plans to build an additional manufacturing facility in a vacant 120,000-square-foot building on Industrial Park Drive. The expansion will create 30 […][...]
Sentara opens $93.5M Brock Cancer Center in Norfolk
Norfolk-based Sentara Healthcare announced Friday it has opened the $93.5 million, 253,000-square-foot Sentara Brock Cancer Center, a patient treatment and care facility in Norfolk. The facility, which started construction in March 2018, opened to patients on June 1. It’s named for philanthropists Joan Brock and her late[...]
$125M Marriott Virginia Beach Oceanfront hotel opens
The $125 million, 305-room Marriott Virginia Beach Oceanfront is now open, Virginia Beach hospitality and real estate company Gold Key | PHR announced Thursday. The hotel, managed by Gold Key | PHR, is an addition to The Cavalier Resort, which includes the Historic Cavalier Hotel and Beach Club, two restaurants, 25,000 square fe[...]
City of Alexandria signs lease in Mark Center
The Institute for Defense Analyses (IDA) signed a lease with the city of Alexandria, which will move the city Department of Community and Human Services and the Alexandria Health Department into the current IDA headquarters building in the Mark Center development in 2023, following renovations. Depending on leasehold improveme[...]
Loudoun County to fund 400 additional small businesses
On Tuesday, June 23, the Loudoun County Board of Supervisors will hold a random drawing for the third round of grants from its COVID-19 Business Interruption Fund, which supports small businesses affected by the pandemic. The funding was allocated from the $36.1 million in federal funding to Loudoun County from the Coronavirus Aid, Relief and […]
State directs nearly $250M to long-term care facilities for COVID-19
Because a majority of COVID-19 outbreaks in Virginia have occurred in long-term care facilities, Gov. Ralph Northam announced Friday that the state will direct nearly $250 million to these facilities for coronavirus response, with most of the funding coming from federal Coronavirus Aid, Relief, and Economic Security (CARES) Act funding. Northam has also directed the […]
