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Central Virginia

University of Virginia Rotunda and Lawn. Photo courtesy University of Virginia
Aug 19, 2022

U.Va. program guarantees job interviews for certificate students

The University of Virginia is partnering with companies to guarantee job interviews for some certificate students. The program comes from an agreement between U.Va’s School of Continuing and Professional Studies, which offers part-time, online programs, and various employers. It is designed to improve the workforce pipelin[...]

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Aug 17, 2022

Academy Sports + Outdoors opens first Va. location

Sporting goods retailer Academy Sports + Outdoors has opened its first store in Virginia with a location in Henrico County’s Short Pump area. The Texas-based Fortune 500 company opened Monday in a 58,075-square-foot store at 11861 W. Broad St. in The Corner at Short Pump, with 60 employees. Its grand opening is scheduled F[...]

On the move
Aug 11, 2022

Va. ABC hires chief digital and branding officer

The Virginia Alcoholic Beverage Control Authority has named Vida Williams as its first chief digital and branding officer, the authority announced Thursday. Williams will guide the state ABC’s digital and web operations, communications and education with prevention teams, and support e-commerce initiatives. She started at [...]

Jerry Prevo
Aug 10, 2022

Liberty launches search for new president

Liberty University announced Wednesday that it has hired an Atlanta-based executive search firm to find its next president, who will succeed Jerry Prevo, the longtime board chair who became the Lynchburg private Christian institution’s interim president after Jerry Falwell Jr. stepped down amid scandal in August 2020. “P[...]

Richmond-based used-car consignment retailer CarLotz went public via SPAC in January, but saw its stock price fall by 65% by mid-September. Photo by Scott Elmquist
Aug 9, 2022

CarLotz to merge with San Francisco’s Shift

Richmond-based CarLotz Inc., the nation’s largest consignment-to-retail used vehicle business, will merge with San Francisco-based Shift Technologies Inc., a similar platform on the West Coast, the companies announced Tuesday. The companies will combine in a stock-for-stock merger, according to a news release and will trad[...]

Aug 8, 2022

Restoration Bioproducts to build $5.8M biochar plant

Lynchburg-based Restoration Bioproducts LLC will invest $5.8 million and build Virginia’s first biochar production facility in Sussex County, creating five jobs and purchasing 34,560 tons of Virginia-grown wood products, Gov. Glenn Youngkin announced Monday. Wood pellet manufacturer Wood Fuel Developers is already in Waverly. Restoration Bioproducts will use pyrolysis technology to turn wood waste from […][...]

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Aug 5, 2022

More Diamond District details released; city narrows pool to 2 developers

Richmond has narrowed its pool of Diamond District development team finalists from three to two, city officials announced Friday, while releasing some more details about the competing proposals, which include thousands of residential units and a new Richmond Flying Squirrels stadium expected to be paid for with bonds. Still in t[...]

Virginia Credit Union’s attempt to add the Medical Society of Virginia’s 10,000 members is being disputed by the Virginia Bankers Association and seven community banks. Photo by Rick DeBerry
Aug 3, 2022

Va. Credit Union loses bid to expand membership

The Virginia State Corporation Commission ruled Wednesday that the Chesterfield County-based Virginia Credit Union cannot expand its membership to the Medical Society of Virginia, possibly resolving a three-year battle between the credit union, the Virginia Bankers Association and several community banks in the state. The credit[...]

Potter’s Craft Cider plans expansion
Aug 1, 2022

Potter’s Craft Cider plans expansion

Albemarle County-based Potter’s Craft Cider will expand its production operation and add eight jobs, Gov. Glenn Youngkin’s office announced Friday. The company will undertake adaptive reuse of a vacant 11,500-square-foot warehouse in the Woolen Mills District near downtown Charlottesville. The new cidery, which will [...]

Albemarle retail building sells for $2.3M
Jul 29, 2022

Albemarle retail building sells for $2.3M

Woodhaven Development Group LLC purchased a 3,204-square-foot retail building in Albemarle County from First Citizens Bank & Trust Co. for $2.3 million. The property is located at 1815 Fortune Park Road in Albemarle and will be redeveloped. The building is on 1.35 acres of land off U.S. Route 29 near the Charlottesville-Albe[...]

Two years after the closing of the Central Virginia Training Center, its site in Amherst County will soon be available for private development. Photo by Parker Productions
Jul 28, 2022

CVTC property inches closer to redevelopment

Once home to more than 3,600 people with intellectual disabilities and other conditions, the Central Virginia Training Center property in Amherst County is drawing closer to a different future. In June, Gov. Glenn Youngkin signed into law the latest state budget, which removed $25 million in tax obligations from the 350-acre sit[...]

First National Bank to expand in NoVa, Richmond
Jul 27, 2022

First National Bank to expand in NoVa, Richmond

FNB Corp., parent company of First National Bank, announced Wednesday it will expand its presence in Virginia, particularly in the Northern Virginia area. According to a news release, FNB expects to add four branches in Reston and Arlington by 2024, in addition to seven currently operating in the greater Washington, D.C., area. [...]

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