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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[...]
Amazon opens new Chesapeake facility
Last week Amazon.com Inc. opened its new, 640,000-square-foot processing facility in Chesapeake, the global e-tailer’s first cross-dock fulfillment center in Virginia. About 900 of the 1,000 workers that Amazon announced it would be hiring for the facility are already on the job, an Amazon spokeswoman told Virginia Busines[...]
Hilton will expand global HQ in Fairfax
Hilton Worldwide Holdings Inc. will expand its Fairfax County corporate headquarters, creating 350 jobs over the next five years, Gov. Glenn Youngkin announced Thursday. Over the next five years, the Fortune 1000 global hospitality company will add a variety of roles in areas created to support growth in the coming years, accord[...]
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[...]
Greater Washington Partnership taps new CEO
The Greater Washington Partnership has named Kathy Hollinger as its new CEO, the economic development organization announced Tuesday. Hollinger is the president and CEO of the Restaurant Association of Metropolitan Washington, which she has led since 2012. She begins at GWP Oct. 3, according to a news release. “This region is [...]
Leidos buys Aussie special missions biz
Reston-based Fortune 500 federal contractor Leidos Holdings Inc. has entered into an agreement with British technology aerospace manufacturer Cobham Ltd. to purchase the special missions business from its Australia-based Cobham Aviation Services subsidiary, according to a news release. Financial details of the deal, which will a[...]
ODU names exec director of research foundation
Old Dominion University has named Shannon Robinson as associate vice president of research and executive director of the ODU Research Foundation. Robinson comes to ODU from Clarkson University, her alma mater, where she has worked since 2017. She was associate vice provost for research and technology transfer at the private rese[...]
PRA Group hires communications exec
Norfolk-based PRA Group, a $1.1 billion debt-purchasing company, has hired Giovanna Genard as vice president of external affairs and marketing leader. Genard will develop and oversee PRA Group’s global external communications, public relations and brand strategy. Before joining PRA Group, Genard served as Old Dominion Univ[...]
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 [...]
Northrop Grumman receives $3.3B missile defense contract
Falls Church-based Northrop Grumman Corp. has received a contract worth nearly $3.3 billion from the Missile Defense Agency to help defend the homeland from ballistic missile threats. The Fortune 500 aerospace and defense contractor will design, develop and sustain new capabilities for the next Ground-based Midcourse Defense Wea[...]
The Breeden Co. restructures property management division
The Breeden Co., a Virginia Beach-based real estate development firm, is restructuring its property management division. Barry Tomlin, vice president of property management at The Breeden Co. in Virginia Beach, will leave the company Aug. 5, Breeden announced last week. Tomlin has been with Breeden since 2007. “Over the last 10 years, we have created […]
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[...]
