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Lego to build $1B factory in Chesterfield
It’s highly unlikely that it will be built from brightly colored plastic bricks, but the Lego Group will be bringing a $1 billion toy manufacturing plant to Chesterfield County’s Meadowville Technology Park, creating more than 1,760 jobs, the company and Virginia Gov. Glenn Youngkin announced Wednesday during a press[...]
VCU buys former Va. ABC property for $16M
Virginia Commonwealth University on Friday purchased the former Virginia Alcoholic Beverage Control Authority’s former central office and warehouse at 2901 Hermitage Road in Richmond for approximately $16 million, according to Virginia ABC. The sale of the 292,285-square-foot warehouse was included in the state operating b[...]
Hampton Roads Community Foundation elects new chair
The Hampton Roads Community Foundation Board of Directors elected Sharon Goodwyn as chair, the foundation announced last week. An attorney at Hunton Andrews Kurth LLP, Goodwyn is the first African American and the first woman to serve as chair of the foundation, which was established in 1950. She served as vice chair of the boar[...]
Port of Va. partnering with Norfolk Southern
The Port of Virginia is part of a new partnership with Norfolk Southern Corp., Hapag-Lloyd and Union Pacific Railroad. The partners will provide expedited train shipping from the East Coast to the western U.S., Norfolk Southern announced last week. The partnership, called OceaNS Bridge Express, will start at the Port of Virginia[...]
Boeing partners with Va. Tech on veterans’ center
When Virginia Tech’s $1 billion Innovation Campus opens in Alexandria in 2024, it will include a hub to connect veterans and their families with career resources and employment opportunities. It will also carry the name of one of the commonwealth’s largest defense contractors, The Boeing Co. The Boeing Center for Vet[...]
Greater Washington Partnership unveils 10-year inclusivity plan
The Greater Washington Partnership released its “Regional Blueprint for Inclusive Growth” Monday, a 10-year plan to increase equity and create a more inclusive economy in the capital region, spanning Baltimore to Richmond. The plan was launched at an event hosted by Sheila Johnson, CEO of Salamander Hotels and Resort[...]
Amyx CFO to retire; new CFO named
Reston-based federal contractor Amyx Inc. has announced its chief financial officer Rosalind Kadasi will retire on July 1 and Ryan Marsden, her successor, will join the company June 13. Kadasi has been Amyx’s CFO since 2017 but has more than 20 years of executive experience leading finance, accounting and administration fo[...]
ACI expands Hampton Roads footprint
Richmond-based Atlantic Constructors Inc. is expanding its presence in Hampton Roads with a new 39,000-square-foot facility in Suffolk and 75 new jobs, the company announced June 2. Previously, ACI had three small offices in Hampton Roads, and the company has consolidated two of them into a larger, more modern facility, a compan[...]
Blacksburg apartments sell for $4.75M
Ridgeview Apartments in Blacksburg have been sold for $4.75 million, Cushman & Wakefield | Thalhimer announced Thursday. The 96-unit community is located at 768 Triangle St. in Blacksburg. Ridgeview Apts. Land Trust sold the community to GFI Ridgeview LLC, which intends to renovate the units. Clay Taylor of Cushman & Wak[...]
The Breeden Co. names brand and development manager
The Breeden Co. has named Richard George its brand and development manager, the Virginia Beach company announced June 6. George will be responsible for maintaining brand integrity across all corporate and divisional marketing initiatives and communications, but will also oversee business functions including communication channel[...]
Va. Beach office building sells for $12.15M
Windwood Centre, a four-story Class A office building in the Lynnhaven area of Virginia Beach, has been sold for $12.15 million, Divaris Real Estate Inc. announced Wednesday. CCP Commercial Real Estate sold the 78,619-square-foot building, located at 780 Lynnhaven Parkway, to Charlottesville-based Seminole Trail Management. Tena[...]
Norfolk warehouse sells for $9M
A warehouse in Norfolk has been sold for $9 million, Cushman & Wakefield | Thalhimer announced June 6. Selko Real Estate Ventures LLC purchased the 109,609-square-foot industrial building from NorfolkCo LLC as an investment. The property is leased to American Tire Distributors (ATD) as the company’s Hampton Roads tire [...]
