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Northam says businesses could begin reopening as soon as May 15
Restaurants, salons, retail stores, gyms and other recreational businesses will likely begin reopening on May 15, Virginia Gov. Ralph Northam announced Monday. Unless “something drastically changes,” the governor said he expects to start reopening Virginia businesses in a phased approach at the end of next week. Nort[...]
COVID-19 continues spread in Va.
The prevalence of COVID-19 continues to spread in Virginia, with 18,640 confirmed cases as of Monday, according to the Virginia Department of Health. Nearly 2,700 Virginians are hospitalized with the coronavirus and 662 are confirmed dead from COVID-19 in the commonwealth. Virginia saw an increase of 767 cases on Monday, 894 cas[...]
Va. has nearly 18,000 COVID-19 cases
UPDATED MAY 3, 9 A.M. Over the weekend, Virginia’s confirmed COVID-19 cases increased to 17,873 cases on Sunday, up from from 16,109 cases on Friday, according to the Virginia Department of Health. There are now 644 Virginians confirmed dead from the coronavirus and 2,613 people are hospitalized from COVID-19 in the common[...]
Booz Allen Foundation launches $1M fund for COVID-19 innovation projects
McLean-based global management consulting company Booz Allen Hamilton Inc. announced Friday that its foundation has launched a $1 million Innovation Fund that is open to nonprofits, small businesses and individuals who have ideas for projects that can help solve COVID-19-related social problems. Founded in 2017, The Booz Allen Foundation provides funding to youth and education […]
Internet governing body blocks $1.1B sale of Public Interest Registry
The governing body of Internet domain addresses voted Thursday to block the $1.135 billion sale of the Public Interest Registry, a Reston-based nonprofit created by the Internet Society in 2002 to manage the .org top-level domain, to private equity firm Ethos Capital. The Public Interest Registry has operated the .org domain — which is used […]
Norfolk buys Military Circle Shopping Mall for $11M
The Norfolk Economic Development Authority (EDA) announced Friday it approved a plan for the city to purchase the Military Circle Shopping Mall for $11 million to redevelop the mall and surrounding area for mixed-use development. “The Military Circle corridor is the crossroads of the Hampton Roads region,” Norfolk Mayor Kenn[...]
Second round of Central Va. COVID-19 Response funding released
The Central Virginia COVID-19 Response Fund, a joint initiative of the nonprofit Community Foundation for a greater Richmond and the Emergency Management Alliance of Central Virginia, awarded its second round of grants this week, bringing the total amount awarded to more than $2 million and the number of regional organizations funded to 52. Since the effort […]
Last remaining corner plot in Henrico County’s Short Pump sells for $5.85M
The last remaining corner plot of land in Henrico County’s Short Pump area has sold for $5.85 million, Cushman & Wakefield | Thalhimer’s Mark E. Douglas said. Located at 12120 W. Broad St., the 12.27 acre vacant, wooded lot is less than one mile from West Broad Marketplace, a shopping center with anchor tenants including […]
Task force mulls safety, economic concerns in reopening businesses
As the governor’s executive order shutting down all “nonessential” businesses is set to expire next Friday, a diverse group of two dozen Virginia business representatives is hard at work compiling ideas for how to reopen safely. The group — which includes officials from major employers Walmart and Amazon.com Inc., mu[...]
GO Virginia approves $2.87M in grants for 13 regional projects
The state’s Go Virginia Board has allocated $2.87 million in grants for 13 regional projects supporting economic development. A state economic development initiative led by business leaders and state officials, GO Virginia ( Growth and Opportunity for Virginia) has funded 87 projects, totaling $30.3 million, since it was established by the General Assembly in 2016. […]
Axios returns $4.8M in PPP funding
Arlington County-based digital media company Axios Media Inc. is returning $4.8 million it received from the Small Business Administration’s Paycheck Protection Program (PPP), according to Axios cofounder and CEO Jim VandeHei, who said the federal relief program aimed at helping small businesses keep their workforces emplo[...]
Reston IT company names president
Tony Crescenzo has been hired as president of Reston-based information technology company Intelligent Waves LLC. Formerly the CEO of Falls Church-based IT company IntelliDyne LLC, Crescenzo earned his bachelor’s degree from Stockton University and his master’s degree in business administration from Rutgers University[...]
