VCU Health resumes gender-affirming care for existing patients, following U.Va. decision
VCU Health and the Children’s Hospital of Richmond at VCU announced Tuesday that the system will resume gender-affirming medical treatments for people under 19 if they are existing patients, but the system will not offer gender-affirming surgeries or medically treat new young patients. VCU Health and UVA Health suspended a[...]
Conn. developer files amended complaint in $40M Diamond District lawsuit
After a Richmond Circuit Court judge dismissed a Connecticut developer’s $40 million lawsuit over the city’s $2.44 billion Diamond District project, the developer has filed an amended complaint with a change in language. Judge Bradley B. Cavedo ruled Jan. 22 in favor of defendants Thalhimer Realty Partners, a subsidi[...]
Charlottesville-area apartment complex sells for $57M
A 324-unit apartment complex just outside Charlottesville has sold for $56.75 million. Tysons-based Willow Creek Partners sold the property, Barracks West Townhomes & Apartments, to West End Capital Group, according to a Feb. 14 news release from commercial real estate brokerage KLNB, which arranged the sale. Willow Creek Pa[...]
U.Va. board votes to continue gender-affirming care for existing patients under 19
During a Feb. 21 special meeting, the University of Virginia’s board of visitors voted for UVA Health to continue providing gender-affirming treatment to people under 19, but only to current patients. New patients will instead be referred to “alternative private providers” until further notice. Also, the BOV — a 17-m[...]
Sauer Brands acquired by Boston firm; new CEO named
A Boston private equity company completed its purchase of Richmond-based Sauer Brands, which produces Duke’s Mayo, Sauer spices and other food products, the companies announced Wednesday. With the change in ownership comes a new CEO for Sauer. E. Yuri Hermida, most recently executive vice president and chief growth and str[...]
U.Va. board to meet over gender-affirming care dispute
The University of Virginia’s Board of Visitors — now controlled by members appointed by Gov. Glenn Youngkin — has scheduled a Feb. 21 special meeting to discuss UVA Health’s decision to resume gender-affirming medical care for patients under the age of 19. The university-affiliated health system suspended treatme[...]
Iron Mountain plans $1B data center campus in Henrico
Boston-based Iron Mountain has acquired a 66-acre site in Henrico County with plans for a major data center campus, the Greater Richmond Partnership announced Tuesday. Henrico Economic Development Authority Executive Director Anthony Romanello says Iron Mountain’s campus in White Oak Technology Park will house four data ce[...]
Bon Secours plans $370M expansion of Henrico hospital
Bon Secours Mercy Health plans to break ground this summer on a $370 million renovation and expansion of Bon Secours St. Mary’s Hospital in western Henrico County, the hospital’s president said Friday. “Since the hospital opened in 1966, this is the most transformative project that we’ve taken on,” Bryan Le[...]
UVA Health resumes gender-affirming care after federal judge’s order
Updated Feb. 15 A federal judge in Maryland on Thursday issued a temporary restraining order that suspended President Donald Trump’s Jan. 28 executive order banning gender-affirming medical care for people under the age of 19, impacting patients and hospitals across the country, including in Virginia. Trump’s origina[...]
Reed Smith appoints new Richmond office managing partner
Global law firm Reed Smith’s S. Brian Farmer is the new office managing partner in Richmond, the firm announced Thursday. Farmer succeeds Edward Mullen, who is part of the firm’s Richmond-based government relations team that spun off from Reed Smith to create Seven Hills Strategy Group, according to a January news re[...]
ASGN to acquire Chicago employment tech firm for $340M
Fortune 1000 IT and professional staffing services firm ASGN has signed a definitive agreement to acquire Chicago-based employment tech consultancy TopBloc for $340 million, the Henrico County-based company announced Tuesday. The transaction in cash and equity is expected to close in the first quarter of the year, subject to clo[...]
$1.6B Atlantic Union purchase of Sandy Spring Bank clears main hurdles
The parent companies of Atlantic Union Bank and Sandy Spring Bank have cleared the last major hurdles to the Richmond bank’s $1.6 billion all-stock purchase of Sandy Spring, headquartered in Maryland. The shareholders of Atlantic Union Bankshares and stockholders of Sandy Spring Bancorp approved the merger, first announced[...]