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‘Novel’ project will add 275 apartments to Scott’s Addition
Crescent Communities, ParkProperty Capital and Thalhimer Realty Partners are developing a 275-unit apartment community in a joint venture on the border of Richmond‘s fast-growing Scott’s Addition neighborhood and the city’s planned Diamond District. Dubbed “Novel Scott’s Addition,” the communi[...]
78-unit apartment complex planned for Petersburg
A 78-unit apartment complex will be developed on a four-acre piece of land recently purchased in Petersburg, Colliers announced Thursday. Thalhimer Realty Partners purchased the High Street Land Development from Monroe Properties for $875,000, according to Colliers. Thalhimer will develop the apartments across two phases: With construction starting in 2023, the first phase will feature […]
VCU, VCCS to receive $3.5M for transfer student program
The Mellon Foundation will award a combined $3.5 million to Virginia Commonwealth University and the Virginia Community College System, VCU announced Tuesday. “We are excited to continue our partnership on the Mellon Pathways Program and build upon the strong history of collaboration between VCU and the Virginia Community Coll[...]
UVA Community Credit Union has new president, CEO
UVA Community Credit Union has named Susan M. Gruber as its next president and CEO. Gruber previously served as executive vice president and chief financial officer of Dublin, California-based Patelco Credit Union since 2014, according to a news release. She has also worked as CFO and senior vice president at Jeanne D’Arc[...]
Owens & Minor receives $1.1B DOD contract
Mechanicsville-based Fortune 500 global health care logistics firm Owens & Minor Inc. has received a $1.125 billion contract modification to provide medical surgical supplies to the military and federal civilian agencies, the Department of Defense announced Wednesday. The award is for a second 30-month option period of a contract with three 30-month possible periods for […]
Va. ABC telework plan diverges from Youngkin mandate
Employees at the Virginia Alcohol Beverage Control Authority’s Mechanicsville headquarters will be returning to in-person work three days a week, not the four or five days a week that will be required of many state workers beginning July 5, following Gov. Glenn Youngkin’s telework order earlier this month. Virginia A[...]
UVA Health, Focused Ultrasound launch $8M center
University of Virginia Health and Charlottesville-based Focused Ultrasound Foundation invested $8 million into launching the Focused Ultrasound Cancer Immunotherapy Center, the health system announced Wednesday. “We are excited to announce this powerful multidisciplinary and interdepartmental collaboration effort with the Focu[...]
Richmond names 3 Diamond District finalists
City of Richmond officials announced Tuesday that three development teams have continued to the finals for the Diamond District, which includes replacing the baseball stadium and revitalizing the area near the Scott’s Addition neighborhood. The announcement also gives more details than previously available about the plans [...]
Lynchburg-based BWXT elects new chair
Lynchburg-based nuclear components and fuel supplier BWX Technologies Inc. announced May 3 that Jan A. Bertsch assumed the role of chair of the board of directors. Bertsch succeeded retiring chairman John A. Fees. “We are extremely fortunate to have someone of Jan’s caliber assume this important leadership position for o[...]
Two Richmond properties change hands
Two properties in Richmond — an office building in Scott’s Addition and an apartment building in The Fan — have been sold, brokerage firm Marcus & Millichap announced Wednesday. An 11,130-square-foot building in Scott’s Addition at 3412 W. Leigh St. has sold for $1.8 million, according to Marcus & Millich[...]
Henrico townhouse complex sells for $18.5M
The Townhomes of Oakley, a 160-unit multifamily property in eastern Henrico County, has sold for $18.5 million, Cushman & Wakefield announced Thursday. Located at 4633 Needham Court near the Richmond International Airport, the property is 99% leased and has eight one-bedroom units, 112 two-bedroom units, 36 three-bedroom units and four four-bedroom units, all of which […]
Markel Corp. names new CIO
Glen Allen-based Fortune 500 insurance and investment firm Markel Corp. has named Morris Taylor as its chief information officer for the company’s insurance operations. Taylor joined Markel in 2018 and served as its head of global technology. He previously spent two decades at Capital One working in a variety technology le[...]
