Local Initiatives Support Corp. names new Va. executive director
The Local Initiatives Support Corporation (LISC) has selected Jane Ferrara as executive director of LISC Virginia, a nonprofit organization that raises capital and creates programs to support community revitalization and economic development. Ferrara starts the new position Feb. 3. LISC has raised more than $32 million locally and has invested $639 million into Richmond-area housing, […]
Northam declares state of emergency ahead of Capitol gun rights protest
Virginia Gov. Ralph Northam declared a state of emergency Wednesday in advance of expected gun-rights demonstrations scheduled for Capital Square on Monday, Jan. 20 . Law enforcement intelligence analysts identified credible threats of violence surrounding the event, which is expected to attract tens of thousands of demonstrators, Northam said. The threats include white nationalist rhetoric […][...]
Three Va. universities ranked among top 10 in nation for online degrees
Online degrees from three Virginia universities were cited in the U.S. News & World Report’s 2020 Best Online Programs rankings. The University of Virginia’s Curry School of Education and Human Development was ranked third in the nation for online master’s in education programs. Master’s degrees offered through the online program include administration and supervision; curriculum […][...]
West Cary Group hires former ChamberRVA CEO as senior policy adviser
Richmond-based strategic communications firm West Cary Group has hired former ChamberRVA CEO Kim Scheeler as its senior policy adviser, the company announced Wednesday. Scheeler, who retired from the chamber in December 2019, will split his time between Richmond and Port Charlotte, Florida, for his new position. He worked for Ch[...]
Focused Ultrasound Foundation names chief relationship officer
Charlottesville-based Focused Ultrasound Foundation has named Ann Taylor its chief relationship officer, the nonprofit organization announced Wednesday. She will start on March 1. Taylor has more than 27 years of nonprofit leadership experience as executive vice president of the Thomas Jefferson Foundation and as executive direc[...]
CoStar plans doubling Richmond workforce as part of Navy Hill development
CoStar Group, the Washington, D.C.-based commercial real estate analysis company, announced Monday it plans to build a 400,000-square-foot building in downtown Richmond, doubling its local workforce, as part of the proposed $1.5 billion Navy Hill development. CoStar would double its number of employees to 2,000 in Richmond, wher[...]
Henrico office building sells for $6.3M
A Henrico County office building, the Campbell Building, sold for $6.3 million to Atlanta-based B&C CCPB LLC, Canada-based real estate company Colliers International announced Monday. The 55,920-square-foot class B office building is located at 8002 Discovery Drive in the Forest Avenue office corridor. HCA Healthcare’s[...]
Flower Foods invests $25 million to expand Lynchburg bakery
Thomasville, Georgia-based Flowers Foods will invest $25 million to expand its Lynchburg bakery into an organic facility that will create 15 jobs, Gov. Ralph Northam announced Thursday. Flowers Foods was founded in 1919 and opened its Lynchburg location 40 years ago. A publicly traded company with $4 billion in 2018 sales, Flowers Foods produces and […]
Lynchburg’s BWX Technologies promotes Rick Loving to senior VP
Lynchburg-based nuclear components and fuel supplier BWX Technologies Inc. promoted Richard “Rick” W. Loving to senior vice president and chief administrative officer, the company announced Thursday. Loving has 40 years of experience previously working for energy company Babcock & Wilcox Co. and engineering company McDer[...]
U.Va. School of Nursing receives $20M donation
The University of Virginia’s School of Nursing announced Thursday that it has received its largest-ever gift. The $20 million donation from Washington, D.C.-area billionaire philanthropist William E. “Bill” Conway Jr. and his wife Joanne will support the enrollment of more than 1,000 nursing students during the next 10 years. The gift is intended to support […]
Richmond commercial property sells for $1.8M
Commercial parcels in the Scott’s Addition neighborhood in Richmond sold for $1.8 million, Virginia Beach-based Divaris Real Estate Inc. announced Wednesday. Capital Square 1031 LLC purchased 21,700 square feet (0.5 acres) located at 3001-3009 W. Leigh St. in Richmond from Cash Properties to build a three-building mixed-use complex. Based in Glen Allen, Capital Square specializes […]
DuPont Spruance facility plans $75M expansion in Chesterfield
Technology-based materials producer DuPont de Nemours Inc. will invest $75 million to expand and modernize its Kevlar manufacturing plant in Chesterfield County over the next several years, Gov. Ralph Northam announced Tuesday. The DuPont Spruance factory employs 2,000 people and will add 60 more jobs as a result of the expansion. The plant, which opened […]