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Affordable housing isn’t the first thing that comes to mind when you think of the University of Virginia. But it’s top of mind for U.Va. officials who have pledged to support the development of 1,000 to 1,500 affordable housing units in Charlottesville and Albemarle County over the next decade. To jump-start the effort, U.Va[...]
Back to work
Although the nation’s commercial real estate market is still lagging for the most part, that isn’t the case in Charlottesville, where fresh new multiuse projects have perked up interest in workspaces. The nationwide vacancy rate for office space in the first quarter of 2022 was a rather dreary 15.7%, according to Yardi Matri[...]
E&H course demystifies blockchain for businesses
Business professionals will join Emory & Henry College students this summer for a course that will suggest how blockchain technology can help entrepreneurs, ultimately aiding development in Southwest Virginia. A collaboration between E&H’s School of Business, InvestSWVA and William & Mary’s Global Research Instit[...]
Ad agency spotlights historic editor, businessman
The life of 19th century Richmond Planet newspaper editor John Mitchell Jr. — who fearlessly railed against lynching and segregation — will be showcased in a documentary debuting at the 11th annual Richmond International Film Festival on June 10. Mitchell became editor of the Richmond Planet at 21, two years after the paper�[...]
Hershey plant unionization effort continues
Despite a resounding defeat, organizers are still fighting to unionize The Hershey Co. plant in Stuarts Draft. In late March, about 79% of the plant’s workers voted against unionizing at Hershey, the largest employer in Augusta County with nearly 1,500 workers. But while that battle might be over, the war is not, according to [...]
Gift of a lifetime
For Dr. Todd Stravitz, February was an opportune time to make the largest gift in the history of Virginia Commonwealth University — a $104 million donation to support liver research. The retired medical director of VCU Health’s Hume-Lee Transplant Center, Stravitz is an heir to the Boar’s Head Provisions Co. Inc. fortune. [...]
Boeing will move global HQ to Arlington
The Boeing Co., the world’s third-largest defense contractor, is moving its global headquarters from Chicago to Arlington, the company announced May 5. With more than 141,500 employees worldwide and operations in more than 65 countries, the aerospace and defense company will be the largest defense contractor headquartered in [...]
Albemarle’s industrial age
In Albemarle County, industrial space, not office or retail, “has been the bright spot in commercial real estate” in terms of demand, says Lisa Sturtevant, research leader at Bright MLS Inc. “All of a sudden, there’s been a big rush for industrial space,” she says, but adds, “Good luck in finding it right now.” Albemarle […]
Hampton Roads’ LGBTQ chamber relaunches
After a two-year hiatus due to COVID-19, Hampton Roads Business Outreach (HRBOR) is reviving its mission to empower and support LGBTQ businesses and their allies. HRBOR was established in 2006 and promotes LGBTQ influence through business ownership, workforce equality and diversity and inclusion. “We’re in a regrowth process[...]
‘Drink up!’ Danville says
Justin Ferrell is toasting Danville’s new Designated Outdoor Refreshment Area, which allows visitors to sip alcoholic beverages while strolling through part of the city’s River District. “It’s going to be unique for all businesses downtown because tourism is happening in Danville and people are excited about moving into [...]
Cycling industry rolls into Roanoke
Roanoke is on a roll with bicycling enthusiasts. Already known as a mountain-biking mecca — earning a rare Silver-Level Ride Center designation from the International Mountain Bicycling Association — Virginia’s Blue Ridge region has broadened its brand by becoming the site of a national bicycling championship this summer a[...]
JK Moving names president
Sterling-based moving and storage company JK Moving Services announced Friday it promoted David Cox to president. Cox will assume responsibility of day-to-day operations, and founder Chuck Kuhn will remain CEO of the company. “[Cox] is a natural leader, and his industry knowledge, focus on technology and innovation as well as [...]
