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ACLU-Virginia’s Gastañaga announces retirement
Claire Gastañaga, executive director of the American Civil Liberties Union of Virginia, announced her retirement Monday. She will remain in her position until March 31 or as soon as a successor is found, the organization said in a news release. Hired in 2012, Gastañaga has overseen major growth of the organization, which incre[...]
Chesterfield County retail property sells for $1M
A multi-tenant retail property in Chesterfield County sold for $1 million, Cushman & Wakefield | Thalhimer announced last week. Located at 10801 Midlothian Turnpike, the 9,735-square-foot property was 100% leased at the time of the sale to Howes Car Stereo, SMG Imports and My Elite Physique, said Cushman & Wakefield | Thalhimer Senior Vice President […]
Home sales continue to surge in September
Virginia continues to see home sales surge, with a 35% increase during September, according to Virginia Realtors. Sales were up by a staggering 80% in Eastern Virginia when compared to last year. Northern Virginia saw a 37% increase, and Central Virginia saw a 24% jump. Although home sales historically slow following the summer season, the […]
U.Va. launches Sands Institute for Lifelong Learning
Using its largest-ever gift — a $68 million donation last year from Frank M. Sands Sr., founder of Sands Investment Group Inc. — the University of Virginia’s Darden School of Business announced Friday it has launched the Marjorie R. and Frank M. Sands Sr. Institute for Lifelong Learning. The Sands Institute for Lifelon[...]
U.Va. researcher: COVID-19 drug appears to not work well for diabetics
A University of Virginia physicist researching a drug that can save severely ill COVID-19 patients’ lives has discovered that it may not work well on diabetics, the U.Va. Health System announced this week. As a result, physicians may need to change the drug regimen for some of their sickest patients. Dexamethasone, a corti[...]
Lara Fritts resigns from Greater Richmond Partnership
Lara Fritts has resigned as president and CEO of the Greater Richmond Partnership, according to an email sent to the public-private economic development organization’s investors this week. Her resignation is effective as of Nov. 30, and she will be serving actively in the role until that time, according to a spokesperson. [...]
CarLotz plans to go public on Nasdaq
Chesterfield County-based CarLotz Inc., a consignment dealer of used cars, announced Thursday it plans to go public and expand nationwide. CarLotz, which is valued at $827 million, will combine with Miami-based Acamar Partners Acquisition Corp., a publicly traded special purpose acquisition company, to make it a public company[...]
VCU received record $335M in research funding for 2020
Virginia Commonwealth University received a record $335 million in sponsored funding for research during fiscal year 2020 — an 8% increase from 2019, the university announced Wednesday. “VCU’s ongoing commitment to its faculty, interdisciplinary research and investment in research infrastructure have translated into these record levels — which have grown by a third — over […]
Liberty University finance probe issues call for whistleblowers
A firm conducting an investigation at Liberty University will use an encrypted website to allow anonymous whistleblower complaints focused on financial misconduct by “current or former members of university leadership,” the university announced Tuesday night. Chicago-based public accounting firm Baker Tilly US began [...]
VCU College of Engineering receives $1M anonymous gift
An anonymous donor has made a $1 million gift to the Virginia Commonwealth University College of Engineering to provide funds for programming and support for international students, VCU announced Tuesday. Part of the gift will establish a global education and international student support fund (to be administered through VCU’s Global Education Office) and additional funding […]
Silk City Printing to create 93 jobs in Fluvanna County
Silkscreened apparel company Silk City Printing LLC will invest $5.7 million to establish a new production operation in Fluvanna County, creating 93 new jobs, Gov. Ralph Northam announced Tuesday. Silk City will relocate its corporate headquarters from Paterson, New Jersey, to a former Thomasville facility in Fluvanna that has been vacant since 2007. Silk City […]
Kings Dominion general manager to retire
Growing up on a tobacco farm outside of Raleigh, North Carolina, Tony Johnson learned the meaning of hard work early on. At a time when his local school system had a later start to the academic year to allow for the picking season, Johnson would get up at 4 a.m. to work the fields. “It […]
