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Randolph-Macon College names next president
Ashland’s Randolph-Macon College has chosen Michael E. Hill as its 16th president, effective Aug. 1, the college announced Tuesday. Hill is currently president of Chautauqua Institution, a western New York nonprofit educational institution for children and adults that runs extensive theater, music and other arts programmin[...]
Dominion files for SCC approval of Chesterfield gas-fired plant
Dominion Energy submitted an application with the Virginia State Corporation Commission Monday to install four natural gas-fired turbines on 95 acres at the utility’s Chesterfield Power Station. Dubbed the Chesterfield Energy Reliability Center (CERC), the facility, which is expected to cost $1.47 billion, will generate 94[...]
231-unit apartment complex near U.Va. slated to open in 2027
Work began in mid-February on Blume on Ivy, a 231-unit apartment building on Ivy Road, near the University of Virginia’s School of Data Science. The project is being developed by Up Campus Student Living, a Chicago-based investor, developer and manager of student housing and campus-area real estate. It’s slated to op[...]
VACU appoints risk management, internal audit officers
Virginia Credit Union and its Member One division announced last week that it has named two executives to oversee risk management and the Chesterfield County-based credit union’s internal audit function. Mike Brunson has assumed the newly created role of executive vice president and chief risk officer. Meanwhile, VACU prom[...]
University of Richmond law school dean stepping down next year
The University of Richmond announced Wednesday that Wendy Perdue, dean of the university’s School of Law, is stepping down as dean at the end of the 2025-26 academic year. Perdue has been the law school dean since 2011 and will remain on faculty as a professor of law following a sabbatical. “Dean Perdue’s leaders[...]
Henrico sends default notices to $2.3B GreenCity project developers
Updated March 10 The $2.3 billion GreenCity development in Henrico County appears to be in jeopardy, unless developers make an overdue payment by the end of the week. Henrico County has sent two notices of default — one in regard to the property purchase agreement and one relating to the development agreement — to the [&hell[...]
Former Va. ABC employee sues authority, claiming retaliatory termination
A former Virginia Alcoholic Beverage Control Authority employee has filed a federal lawsuit against the state authority, alleging his termination last year was in retaliation for reporting alleged harassment and discrimination due to his sexual orientation. Paul Watson, a former ABC senior business analyst who identifies as ga[...]
Central Va. Big Deal: Petersburg voters say ‘yes’ to a $1.4 billion casino
Petersburg voters know when to hold ’em and know when to fold ’em. In November 2024, more than 80% of voters approved a casino referendum, giving the green light to Cordish Cos.’ $1.4 billion Live! Casino & Hotel Virginia, which will be built on an undeveloped, roughly 90-acre site off Interstate 95 in Pete[...]
Central Va. Year-in-Review: Region scores in manufacturing, data centers
Central Virginia continued making headway in manufacturing and offices in 2024, as well as seeing increased interest from the data center sector. Growth is still taking place in Northern Virginia, home of Loudoun County’s famous “Data Center Alley,” where 70% of the world’s internet traffic courses, but as compan[...]
Petersburg City Council grants zoning approval for $1.4B casino resort
Petersburg City Council and Planning Commission unanimously gave final approval Tuesday for the zoning permits for Live! Casino Resort — paving the way for site development work to start in preparation for the construction of the multi-phase project. The $1.4 billion casino resort, which will be built on an undeveloped 100-acr[...]
UVA Health CEO resigns, effective immediately
Dr. Craig Kent resigned as the CEO of UVA Health on Tuesday, following a closed-session meeting of the University of Virginia Board of Visitors earlier in the day. A letter to UVA Health faculty and staff says that Kent “offered, and President Ryan accepted, his resignation” after the meeting, when board members and [...]
Fed should be cautious amid uncertainty, Barkin says
Although inflation is coming down, the Federal Reserve Bank should exercise caution amid economic and geopolitical uncertainty, Federal Reserve Bank of Richmond President and CEO Tom Barkin said Tuesday while addressing a Rotary Club of Richmond meeting. The economy is in a good place, Barkin said, citing the 2.5% growth in the [...]
