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Northam looks ahead to reopening Virginia
UPDATED, SATURDAY APRIL 25: Gov. Ralph Northam’s office and Virginia Department of Health told the Richmond Times-Dispatch on Saturday that Phase One of Northam’s “Forward Virginia” blueprint for easing statewide COVID-19 restrictions will not last two years. The newspaper had reported Friday that Virgini[...]
More small-business relief funds on the way
President Donald Trump on Friday signed a bill that allocates an additional $320 billion to the Small Business Administration’s (SBA) Paycheck Protection Program (PPP) — and Virginia banks are poised to resume making loans and taking applications Monday. The SBA approved 1.7 million loans before the initial $349 billion small-business relief fund ran out after […]
Northam extends ban on elective surgeries until May 1
Gov. Ralph Northam on Thursday extended the ban on elective surgeries at Virginia hospitals until May 1, despite the Virginia Hospital & Healthcare Association’s (VHHA) letter sent to Northam urging him not to extend the executive order. Northam issued Order of Health Public Emergency Two on March 25, prohibiting non-emerg[...]
American Family Fitness building in Henrico sells for $4.1M
An outparcel building at Virginia Center Commons Mall, which is leased to American Family Fitness, sold for $4.1 million, Norfolk-based real estate company S.L. Nusbaum Realty Co. announced Thursday. The 86,627-square-foot building is located at 10101 Brook Road in Glen Allen and has been leased to American Family Fitness for [...]
The Breeden Co. starts construction on $70M waterfront apartment complex
Virginia Beach-based real estate developers The Breeden Co. began construction this week on a $70 million waterfront apartment complex in the Fort Norfolk area. The Lofts at Front Street will include a 258-unit, five-story apartment complex with studio, one-, two- and three-bedroom units, an internal parking garage and a pedestr[...]
Chester shopping center sells for $4.04M
A shopping center in Chester has sold for $4.04 million, Cushman & Wakefield | Thalhimer’s Capital Markets Group announced Wednesday. The strip mall, Centralia Crossing, is located at 9801 Chester Road and its anchor tenant is Food Lion, which recently extended its lease. The property sold by Berman Kappler Properties was [...]
80k+ Virginians filed jobless claims last week
More than 80,000 Virginians filed initial claims for unemployment last week, down nearly 21% from the previous week, according to a news release issued Thursday by Virginia Unemployment Commission. During the week that ended April 18, Virginia saw 82,729 workers file for unemployment, bringing the most recent five-week total for[...]
Virginia now has 10,600+ COVID-19 cases
Forty-seven days after COVID-19 was first found in Virginia, the state’s confirmed coronavirus cases have jumped over the 10,000 mark. The Virginia Department of Health reported Thursday that the commonwealth has 10,627 confirmed COVID-19 cases and an additional 371 probable cases. The report represents an increase of 672 [...]
Protesters bring the noise, demand to reopen Virginia
RICHMOND, Va. — Horns blared and flags waved from vehicle windows as hundreds of Virginians converged Wednesday on Capitol Square to protest restrictions implemented by Gov. Ralph Northam during the COVID-19 pandemic. Protesters reiterated the message of similar demonstrations taking place in state capitals across the coun[...]
Perspecta Labs wins $14.5M Army contract
Chantilly-based government contractor Perspecta Inc. announced Wednesday that its research arm, Perspecta Labs, has landed a $14.5 million U.S. Army contract to use machine learning to develop a suite of capabilities for the Army to protect against cyberattacks. The project was awarded by the Army’s Combat Capabilities Develop[...]
Axios receives $5M in PPP funding
Arlington-based digital media company Axios Media Inc. announced Wednesday it received nearly $5 million in funding from the Small Business Administration’s (SBA) Paycheck Protection Program (PPP), the $349 federal relief fund that ran out of funding on April 16 after 13 days due to overwhelming demand from small businesses [...]
Loudoun County announces $1M small-business relief fund
UPDATED FRIDAY, APRIL 24: The Loudoun County Board of Supervisors allocated an additional $250,000 to its existing $1 million COVID-19 Business Interruption Fund on Thursday, aimed at helping small businesses in the county that have been harmed by the COVID-19 crisis. The board allocated an extra $105,000 for businesses with 3-50 employees, $110,000 for businesses […]
