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Central Virginia

Mar 28, 2025

VCU Health performs nation’s first fully robotic living donor liver transplant

Richmond-based VCU Health Hume-Lee Transplant Center made history this month by becoming the first center in the United States to perform a fully robotic liver transplant using a liver from a living donor. VCU Health said the procedure, which was led by the interim surgical director of liver transplant Seung Duk Lee, used the da[...]

Mar 27, 2025

VCU receives approval to purchase Altria Richmond research facility

Virginia Commonwealth University received state approval this week to buy Altria Group’s 450,000-square-foot research building in downtown Richmond. The Altria Center for Research and Technology, which opened in 2007, sits on more than four acres at 600 E. Leigh St. and is assessed for $275 million. Discussions between off[...]

Henrico County will reacquire the Best Products property from the Green City developers. The county says the parties have mutually agreed to go in a different direction. Rendering courtesy GreenCity Partners LLC
Mar 27, 2025

Henrico to rebid arena project at former Best Products campus

Henrico County announced Thursday it is rebidding the development rights for the former Best Products headquarters campus, the site where the failed $2.3 billion GreenCity development had been planned. GreenCity officially met its demise after developers failed to make more than $5 million in overdue payments by a March 13 deadl[...]

Mar 25, 2025

Company behind Chesterfield indoor farm files for bankruptcy

Plenty Unlimited, a San Francisco-based agricultural technology company that counts tech billionaires Jeff Bezos and Eric Schmidt among its investors, has filed for bankruptcy but plans to continue operating its vertical strawberry farm in Chesterfield County throughout the restructuring, according to a company announcement. [...]

Mar 24, 2025

Luna Labs to expand Charlottesville operations

Product development company Luna Labs USA is investing $200,000 to expand its operations in Charlottesville, creating 20 new jobs. The Charlottesville-headquartered technology company works with companies and government agencies to address complex challenges in defense, industrial and health care markets. The company brands some[...]

University of Virginia Rotunda and Lawn. Photo courtesy University of Virginia
Mar 21, 2025

U.Va. eyes $72M replacement data center

The University of Virginia’s data center is nearing its maximum capacity. So, school leaders think it’s time to build a new one, estimated to cost $72 million, to aid faculty and researchers in their work. “We can already see that our researchers are experiencing significant delays in their ability to access the co[...]

Target plans to build a distribution center in New Kent County in March 2025. Photo: AdobeStock
Mar 20, 2025

1.4M-sq-ft Target distribution center coming to New Kent

Target plans to build a 1.4 million-square-foot distribution facility in a busy New Kent County industrial park, with construction work expected to start this month, according to local officials. “This substantial investment and the creation of hundreds of high-quality jobs is a tremendous economic boost for our community and [...]

Casino groundbreaking
Mar 19, 2025

Developers break ground on $1.4B Petersburg casino

Baltimore-based The Cordish Cos. and Virginia Beach developer Bruce Smith Enterprise broke ground Wednesday on the much-anticipated $1.4 billion Live! Casino & Hotel Resort in Petersburg. The mixed-use development‘s backers say it will create about 1,400 permanent jobs, increase tourism and generate billions in economi[...]

Data Centers
Mar 18, 2025

Huge data center campus planned for Charles City County

Kansas-based development company Diode Ventures is planning a massive data center campus in Charles City County, about 20 miles outside of Richmond, that is estimated to create 50 to 100 full-time jobs. The company has submitted an application to the county’s planning commission and board of supervisors to rezone five prop[...]

Henrico County will reacquire the Best Products property from the Green City developers. The county says the parties have mutually agreed to go in a different direction. Rendering courtesy GreenCity Partners LLC
Mar 14, 2025

Henrico County’s $2.3B GreenCity project is dead

The $2.3 billion GreenCity development in Henrico County is dead, as the developers of the project failed to make more than $5 million in overdue payments by a March 13 deadline, the county said Friday. The county previously sent two notices of default — one in regard to the property purchase agreement and one relating [&helli[...]

A man wearing a navy blazer.
Mar 13, 2025

Bon Secours hires new chief clinical officer for Richmond market

Dr. David Hasleton is the new chief clinical officer for Bon Secours’ Richmond market, the health system announced Thursday. In this role, Hasleton will oversee clinical operations, working with clinical teams, operational leaders and physicians and advanced practice clinicians. Most recently, Hasleton served as chief medi[...]

Suffolk-based TowneBank plans to acquire Old Point Financial Corporation, the parent company of The Old Point National Bank of Phoebus. Photo by AdobeStock
Mar 11, 2025

$120M TowneBank-Village Bank acquisition approved by state, FDIC

Suffolk-based TowneBank’s $120 million acquisition of Midlothian’s Village Bank and Trust Financial Corp. has been approved by the FDIC and the Virginia State Corporation Commission, clearing the way for a completed deal in early April, the two banks said Tuesday. Announced in September 2024, the combined bank, which[...]

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