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Stoney declares candidacy for Va. governor
Richmond Mayor Levar Stoney declared his candidacy for governor Monday, setting up an early contest with U.S. Rep. Abigail Spanberger, who announced her own run for the Democratic nomination last month. The general election will take place in November 2025. If elected, he would be Virginia’s second Black governor, more tha[...]
Timmons tops off $50M HQ in Chesterfield County
Engineering and design firm Timmons Group topped off the last steel beam of its new, $50 million headquarters Friday at Chesterfield County’s Springline at District 60 mixed-use development. The five-story, 150,000-square-foot building is part of the $210 million, 42-acre first phase of the county’s Springline at District 60[...]
Arlington taps community planning, housing leader
Samia Byrd has been named to lead Arlington County’s Department of Community Planning, Housing and Development beginning Jan. 3, 2024, the county announced Wednesday. Byrd’s responsibilities will include leading the next generation of land use regulations, plans, development policies and practices, housing, and commu[...]
Virginians bet $571M on sports in October
Virginians wagered $571 million on sports in October, up 8.2% from a year ago, according to data released Friday by the Virginia Lottery. About $565.5 million in sports betting revenue came from mobile operators, and the rest, roughly $5.7 million, came from casino retail activity. Virginia’s current casinos are the temporary [...]
RTX’s Pratt & Whitney division receives $701M aircraft contract
Arlington-based defense giant RTX’s Pratt & Whitney aerospace division in Connecticut will provide sustainment and other support services for propulsion systems on the F-35 fighter jet under a $701 million modification to a Navy contract. Pratt & Whitney will provide program management, propulsion integration, engi[...]
Hampton Roads real estate firm promotes facilities director
Berkshire Hathaway HomeServices RW Towne Realty has promoted Jimmy Gillerlain to director of facilities, the Chesapeake-based real estate firm announced Tuesday. Gillerlain will lead the operations team and oversee facilities management for all company-owned and managed assets. He was with Rose & Womble Realty for 17 years [...]
Chesterfield shopping center sells for $4.8M
The Corner Shops at Chesterfield Towne Center has a new owner. Midlothian Pike Investments sold the 8,120-square-foot retail center for $4.8 million, Cushman & Wakefield | Thalhimer’s Capital Markets Group announced Nov. 22. 1834 East 4 Street LLC purchased the shopping center, located at 11530 Midlothian Turnpike, as [...]
Harvey Lindsay acquires condo management portfolio
Harvey Lindsay Commercial Real Estate acquired a management portfolio of 50 buildings in the Hampton Roads region, the Norfolk-based real estate firm announced Tuesday. A Harvey Lindsay representative said the financial terms of the acquisition from Norfolk-based leasing and property management company Cavalier Land were confide[...]
One South Commercial to split from One South Realty
Richmond-based One South Commercial will become a standalone firm, splitting from its 15-year partnership with One South Realty Group, the firm announced Wednesday. The transition will be complete by early 2024. Tom Rosman, director of commercial brokerage, has headed up the commercial division of One South Realty Group since 2008 and will lead the new […]
JPMorgan Chase gives $5.3M to DMV career pathways program
JPMorgan Chase has donated $5.3 million to TalentReady, a student career pathways program in Virginia, Maryland and Washington, D.C., the bank announced Thursday. The program, which is organized by the Greater Washington Partnership and Education Strategy Group, has a focus on ensuring students get work-based learning experiences, such as capstone projects and internships. TalentReady has […][...]
GSA inspector general to probe FBI HQ site selection
Three weeks after U.S. Sen. Mark Warner lambasted a decision to place the FBI headquarters in Maryland instead of Springfield as “corrupt,” the Office of the Inspector General at the U.S. General Services Administration said Thursday it would launch an investigation immediately, according to a letter made public by W[...]
Boeing receives $2.3B Air Force contract for tanker aircraft
Arlington County-based Boeing has received a $2.3 billion contract to build 15 more KC-46A Pegasus tankers for the Air Force. The Pentagon announced the award for production lot 10 of the tankers Tuesday. Boeing has 153 of the aerial refuelers under contract globally and has delivered 76 to the Air Force and two to Japan, [&hell[...]
