Virginia improves health ranking in national report
Virginia ranks as one of the most improved states in health metrics, according to United Health Foundation’s annual report “America’s Health Rankings” released Monday. The commonwealth ranked 15th in the 2019 report, which conducts a state-by-state analysis of national health by evaluating health, environmental and socioeconomic data. Scoring is based on 35 measures across five […][...]
Jamestown-Yorktown Foundation executive director announces retirement
Jamestown-Yorktown Foundation Executive Director Philip G. Emerson will retire at the end of December after serving in a leadership role there for 33 years, the foundation announced Monday. Emerson was named executive director in May 1991, making him the third executive director in the agency’s 62-year history. The Jamesto[...]
Virginia Bar Association insurance agency rebrands
The insurance agency unit of the Virginia Bar Association, formed in 2001, has been rebranded as Virginia Bar Association Insurance. Formerly known as Virginia Barristers Alliance Inc., the subsidiary provides insurance services and products to Virginia lawyers and offers employee benefit products. VBAI represents every health insurer providing coverage in Virginia. The VBA is the […]
Fredericksburg industrial park parcel sells for $3.8M
A nearly 11-acre parcel in Fredericksburg’s Battlefield Industrial Park has sold for $3.8 million to Fairfax County-based Andrew and Andrew RE Investment, Cushman & Wakefield | Thalhimer announced Thursday. Located at the intersection of Tyler Street and Central Road, the parcel consists of four mostly vacant office and industrial buildings comprising 75,000 square feet and three […][...]
Carvana opening $25M center in Chesterfield
Tempe, Arizona-based Carvana Co., an e-commerce platform for buying and selling used cars, will be investing $25 million to establish a vehicle inspection and reconditioning facility that will create an estimated 400 jobs in Chesterfield County, Gov. Ralph Northam announced Thursday. “Carvana is a fast-growing national company, and we are proud that it has chosen […]
Washington-area job growth stands out in IT survey
The Washington, D.C., metro area led the nation in open IT jobs over a 12-month period, according to an industry survey. The Washington region, which includes Northern Virginia, ranked No. 11 overall in CompTIA’s Tech Town Index 2019. The index identifies the 20 metro areas with populations of more than 250,000 where demand for tech […]
Richmond construction firm to build Blacksburg townhomes
Richmond-based Eagle Construction of Virginia is partnering with Midtown Redevelopment Partners in Blacksburg to build single-family townhomes at the site of what was formerly Blacksburg Middle School, Eagle announced Wednesday. The mixed-use community will be built on 30 acres adjacent to Blacksburg’s downtown area, but an overall cost for the project has not been released. […]
PremierXD assets to be sold in online auction
More than 1 million square feet of manufacturing equipment will be auctioned off next week, assets that belonged to New York-based store fixture manufacturer PremierXD, which shut down operations in September. Nearly 200 people in Henrico County were laid off as a result. The auction will be online only, starting at 10 a.m. Tuesday, Dec. […]
Richmond’s Market Villas apartments sells for $3.9M
Richmond real estate developer Lynx Ventures sold Market Villas, a 31-unit adaptive reuse apartment property, to real estate asset management firm CJehn Partners LLC for more than $3.9 million, Cushman & Wakefield | Thalhimer’s Capital Markets Group announced Wednesday. The property located in downtown Richmond‘s historic Shockoe Bottom neighborhood includes first-floor retail space in close […][...]
SCHEV issues ‘roadmap’ for state economic development investment
The Virginia Research Investment Committee has approved the State Council of Higher Education’s Commonwealth Research and Technology Strategic Roadmap, which spells out research areas that will yield the greatest impacts from state investment in economic development with state investment for the next three years, SCHEV announced Wednesday. The report identifies these research areas as worthy […][...]
25-story tower planned for Tysons
Construction is beginning on a 25-story speculative office tower in Tysons. The 383,628-square-foot building, to be called Tysons Central, is being developed by the Potomac, Maryland, real estate investment firm Foulger-Pratt and San Antonio-based USAA Real Estate. Completion of the $200 million building is expected in 2021. It [...]
Virginia Business Legal Elite 2019
The 20th edition Legal Elite recognizes long-term honorees, adds two categories by Robert Powell A history of service Pender & Coward celebrates its 130th anniversary by Joan Tupponce Going the distance The following attorneys have been recognized as Virginia’s Legal Elite since the project began in 2000. [...]