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The Lake takes shape in Chesterfield
The first wave of commercial tenants is coming to The Lake, a long-planned, 105-acre mixed-use development that’s slated to bring a surf park to western Chesterfield County. The Lake’s centerpiece will be a 13-acre artificial lake with a tow cable. It’s expected to be ready by summer 2025 for wakeboarding, kaya[...]
Fahrenheit Advisors announces new COO
Richmond-based consulting firm Fahrenheit Advisors has added Kris Cravey to its executive ranks. Cravey, formerly chief people officer at Virginia Beach-based DroneUp, will be chief operating officer at Fahrenheit Advisors, the company announced Tuesday. In his new role, he will take primary responsibility for overseeing the exe[...]
Electrolyzer manufacturer to build $400M plant in Chesterfield
Updated May 1, 2024 Topsoe, a Danish electrolyzer manufacturer, is planning to build a $400 million manufacturing facility in Chesterfield County after receiving $136 million in federal tax credits to help fund construction, the company announced Friday. The plant is expected to create about 150 jobs, according to a news release[...]
L3Harris announces $41.2M Orange County expansion
Florida-based aerospace and defense contractor L3Harris Technologies announced on Thursday a $41.2 million expansion and modernization of its Aerojet Rocketdyne facility in Orange County, with plans to add 80 employees. Over the next three years, L3Harris also plans to construct new facilities and buy new equipment for the fac[...]
Petersburg casino referendum could take place in 2024
Petersburg voters will likely get the opportunity to vote on a casino referendum this fall, as a Virginia General Assembly obstacle has been removed from its path. SB 628, sponsored by Sen. Lashrecse Aird, D-Petersburg, replaces Richmond with Petersburg among Virginia cities eligible to host a casino following approval by voters[...]
Virginia Black Chamber to host first govcon conference
The founders of the Virginia Black Chamber of Commerce decided to provide a venue for Black business owners to learn how to find success with government contracting. “We wanted to just bring together all of our business owners or people who are interested in potentially looking into local, state and government contracting,�[...]
Allen & Allen announces new president
Jason W. Konvicka is succeeding Edward L. Allen as president of Allen, Allen, Allen & Allen, the Richmond-based law firm announced April 11. Konvicka joined the personal injury firm as a trial attorney in 2000 and became a shareholder in 2006. Allen led the firm as president for the past six years and will continue […[...]
Richmond-based attorneys win U.S. Supreme Court case
After nine years and through three U.S. presidents, two Richmond-based attorneys and their client, an FBI agent who also lives in Richmond, received great news Tuesday: They had won their U.S. Supreme Court case against the federal government. Rudisill v. McDonough was decided 7-2 in favor of plaintiff Jim Rudisill, a retired Ar[...]
Petersburg casino competitors roll out details
More details have rolled in about the five Petersburg casino contenders, all of whom presented their plans during a town hall Sunday at the Petersburg Public Library. Hosted by state Sen. Lashresce Aird, D-Petersburg, the town hall saw officials representing Bally’s, Cordish Cos., Penn Entertainment, Rush Street Gaming and[...]
Capital Square names chief distribution officer
Drew Jackson has been promoted to chief distribution officer of Capital Square, the Glen Allen-based real estate company announced Tuesday. Previously the president and CEO of Michigan-based financial services holding company Concorde Holdings, Jackson joined Capital Square in February as senior managing director of private weal[...]
Bruce Smith teams with Cordish on Petersburg casino plan
Virginia Beach developer and NFL Hall of Famer Bruce Smith is vying for the chance to develop a casino in Petersburg and has joined forces with Cordish Cos., the Baltimore-based entertainment company that has already made inroads in Virginia. There’s just one obstacle facing Smith and other prospective developers, includi[...]
SCHEV board member hired as new director
Less than a year after joining the State Council of Higher Education for Virginia‘s board, A. Scott Fleming will be SCHEV’s next director, the state agency announced Thursday. Fleming, whom Gov. Glenn Youngkin appointed to the SCHEV board in July 2023, stepped down from the body this week after accepting the job as d[...]
