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Land near Richmond stadium sells for $1.95M
A vacant plot of land in Richmond across from The Diamond baseball stadium has sold for $1.95 million, Colliers International announced Thursday. Located at 3110 N. Arthur Ashe Blvd., the property is 1.19 acres. The property is located directly across from the planned Boulevard redevelopment project, known as The Boulevard RVA. [...]
Facebook awards nearly $170k in grants to three Va. newsrooms
Facebook Inc. announced Thursday that it has awarded a total of nearly $170,000 from its COVID-19 Local News Relief Fund Grant Program to three Virginia media outlets: The Richmond Free Press, Charlottesville Tomorrow and the Henrico Citizen. Facebook received more than 2,000 applications for the funding, dividing more than $10 million in grants among 144 […]
Developers propose $350M tower to replace Richmond Public Safety Building
The development team that created plans for the failed $1.5 billion Navy Hill proposal in downtown Richmond has returned to the scene, this time with a lower-stakes proposal that would not require funding by the city, a sticking point in the earlier plan. Capital City Partners LLC, the partnership between Michael Hallmark of Los[...]
ChamberRVA announces small business relief fund
Richmond’s regional chamber of commerce, ChamberRVA, on Wednesday launched its RVA Small Business Relief Fund to provide grants to eligible small businesses in the Richmond region that have been harmed by the COVID-19 pandemic. The effort is a partnership with Facebook Inc., which seeded the fund with $250,000 to be used in the first round of […]
Liberty University surpasses 100k online students
Liberty University announced Tuesday that it has surpassed 100,000 online students. The Lynchburg-based university’s previous online enrollment record was 98,000 students in 2014, and as of January 2020, it remained the state’s largest university by enrollment. “Liberty has been a leader in providing distance educa[...]
Greater Richmond Partnership hires VP of business development
Regional economic development organization The Greater Richmond Partnership Inc. (GRP) announced Tuesday it has hired Audrey Polk as its vice president of business development. Polk most recently worked as the existing business representative at the Henrico Economic Development Authority. Before that, she was a research analys[...]
Henrico printing plant closing, laying off 184 workers
Stamford, Connecticut-based Cenveo Worldwide Ltd. is shutting down its Cadmus printing plant in Henrico County by the end of May, laying off 184 employees. The company, whose customers include Virginia Business magazine, filed a Worker Adjustment and Retraining Notification Act (WARN) notice with the Virginia Employment Commissi[...]
Sauer Brands buys top popcorn seasoning brand in U.S.
Richmond-based Sauer Brands Inc. is expanding into popcorn seasoning with the acquisition of Chicago Custom Foods LLC, the company announced Tuesday. CCF makes Kernel Season’s, a brand that makes more than 20 popcorn flavors. Sauer, which owns Duke’s Mayonnaise, The Spice Hunter and its own line of spices and seasoni[...]
U.Va. receives $1M gift for COVID-19 research fund
The University of Virginia announced Tuesday it has received a $1 million commitment from Charlottesville-area businessman and investor Paul Manning to establish The Manning Fund for COVID-19 Research, which will support the university’s efforts to develop COVID-19-related research projects. “The Manning Fund for COVID[...]
Juul Labs moving HQ from San Francisco to D.C.
E-cigarette manufacturer Juul Labs Inc. is moving its company headquarters from San Francisco to Washington, D.C., a fact first reported Tuesday by the Wall Street Journal. Henrico County-based Altria Group Inc. holds a 35% stake in Juul, which is cutting about 900 jobs from its 3,000-person global workforce, including about 25%[...]
Capital Square names VP of construction management
Henrico County-based real estate investment company Capital Square announced Tuesday that it has named Michael Ollinger as vice president of construction management. He will be responsible for construction management for existing assets and new development. Ollinger most recently worked as a design and construction consultant [...]
Henrico County restaurant property sells for $2.74M
A restaurant property in Henrico County, located on the outskirts of Regency Mall, has sold for $2.74 million, Cushman & Wakefield | Thalhimer’s Capital Markets Group announced Monday. The 3,615-square-foot property is fully leased to First Watch Restaurants Inc., which has a 10-year lease. The property is an outparcel[...]
