Henrico County announces $2.3B GreenCity arena project
Henrico County officials announced Tuesday plans for a $2.3 billion arena-anchored development, born out of the failed Navy Hill project proposal for downtown Richmond. But with private financing and no projected impact on county taxpayers, the GreenCity development may have a smoother path. Proposed on the 204-acre former Bes[...]
Richmond to select casino operator, site in summer 2021
The city of Richmond intends to select a resort casino site and operator in summer 2021, according to an announcement from Richmond Mayor Levar Stoney released Tuesday. The Virginia General Assembly earlier this year passed a law authorizing resort casinos to operate in each of five economically challenged cities, including Richmond. For the project to […]
TCC names vice president of institutional advancement
Tidewater Community College in Norfolk has named Stan Turbeville as its vice president of institutional advancement. Turbeville brings 25 years of leadership experience to the post, including serving as vice president for college advancement for James Sprunt Community College in Kenansville, North Carolina, and working as director of marketing and public information for Guilford Technical […][...]
General Dynamics books $241M CMS cloud implementation support order
Reston-based General Dynamics Corp.’s information technology business has secured a potential four-year, $241 million task order to help the Centers for Medicare and Medicaid Services implement a multicloud computing environment. The cloud products and tool award, which has a one-year base period plus three one-year options, covers the procurement of instances from multiple service providers, […][...]
Northrop Grumman lands potential $4.8B Air Force drone modernization
Northrop Grumman Corp. has received a potential $4.8 billion contract to update, refurbish and sustain the U.S. Air Force’s fleet of RQ-4 Global Hawk unmanned aerial systems. The indefinite-delivery/indefinite-quantity contract for the Falls Church-based company includes task orders for specific UAS modernization services in line with the Air Force’s Global Hawk program, the Department of […][...]
McLean-based technical consulting firm names VP of DOJ business sector
Latarshia Crawford-Jones has been appointed vice president of Department of Justice business at Steampunk, a McLean-based technical consulting firm. Crawford-Jones’ career spans more than two decades in the public and private sectors, including service in the U.S. Navy, the FBI, Science Applications International Corp., Northr[...]
Capital Region Small Business Development Center opens in Richmond area
Now part of the state’s Small Business Development Center (SBDC) network, the Capital Region SBDC opened this month to assist Richmond-area small business owners, Virginia Community Capital announced Monday. Funded by the U.S. Small Business Administration with $192,000 in CARES Act money, plus matching grant funds from re[...]
Va. COVID-19 cases, deaths continue to rise
COVID-19 rates continued to climb last week in Virginia, with an increase of 16,797 cases since Nov. 23, according to the Virginia Department of Health’s Nov. 30 dashboard update. The state also reported 120 virus-related deaths in the past week, raising the total number of fatalities over 4,000. As of Monday, the state has recorded […]
The Branch Group names new CEO
The Branch Group Inc. announced Monday that Donald “Don” Graul will take over as CEO of the Roanoke-based construction company on Dec. 14. With 38 years of industry experience, Graul most recently served as president of construction and connected communities for Centreville-based Parsons Corp. Graul held several roles at Parsons, including executive vice president of […]
Long-delayed Genworth acquisition postponed again
Henrico-based Genworth Financial Inc. and China-based Oceanwide Holdings Group Co. Ltd. announced on Monday that Oceanside’s long-delayed $2.7 billion acquisition of Genworth has been reapproved by China’s National Development and Reform Commission, and the acquisition has been postponed until the end of December. With the Chinese government’s reapproval, Oceanwide will now move forward on the […][...]
Richmond office/retail building sells for $2.1M
A 9,492-square-foot building in Richmond has sold for $2,125,000, Cushman & Wakefield | Thalhimer announced Monday. Across West Broad Street from the Scott’s Addition neighborhood, the office/retail property at 3013-3015 Cutshaw Ave., purchased by 3001 Cutshaw LLC from 3015 Cutshaw Ave LLC, will be converted to an even[...]
Governor’s Inn in Williamsburg sells for $3.05M
The Governor’s Inn, a former 200-room hotel in Colonial Williamsburg, sold for $3.05 million, Cushman & Wakefield | Thalhimer announced last week. Charlottesville-based real estate investment company Castle Development Partners LLC purchased the property from The Colonial Williamsburg Foundation and plans to raze the prope[...]