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Charleston developer breaks ground on mixed-use building in Richmond
Charleston, South Carolina-based real estate development company The Beach Co. announced Tuesday that it had broken ground on a 1.65-acre mixed-use development in Richmond called Tidewater, which has an expected completion of spring 2023. Located in the Manchester neighborhood at 700 Semmes Ave., the six-story development will h[...]
Tamika Tremaglio leaving Deloitte to head NBA players union
Tamika L. Tremaglio is leaving her post as Deloitte’s Greater Washington managing principal to be the executive director of the National Basketball Players Association (NBPA) union at the end of this year. “I’ve worked with some of the brightest business and legal minds in the world,” she said in a statement. “[...]
U.Va. opens Northern Virginia campus
The University of Virginia announced Wednesday it has opened a campus in the Rosslyn neighborhood of Arlington, with plans to expand to other sites in the region. The campus in Northern Virginia will be called UVA|NOVA. “UVA|NOVA will be the center point of our efforts to better serve the commonwealth by bringing new academic [...]
AES promotes investment chair to CFO
Arlington-based Fortune 500 energy company The AES Corp. announced Tuesday it had promoted Stephen Coughlin to executive vice president and chief financial officer, effective Oct. 15. Coughlin most recently led AES’ corporate strategy and financial planning groups and served as chair of the company’s investment commi[...]
Peraton acquires aaS business of Herndon tech company
Herndon-based federal contractor Peraton Inc. acquired the as-a-service business of Herndon-based IT company ViON Corp., it announced Wednesday. Financial details of the transaction were not disclosed. Peraton acquired ViON’s cloud business and its employees, adding to its storage, computing and network capacity. The company also acquired the business’s contracts with the U.S. Department of Defense, […][...]
Va. Community Capital names new president and CEO
Richmond-based nonprofit Virginia Community Capital (VCC) has hired Amir Kirkwood as its president and CEO, following founding executive director Jane Henderson’s January announcement of her retirement. He will assume the role on Nov. 1. “I am excited about Amir’s choice to join our organization,” Henderson said [...]
The Lawson Cos. hires first talent and development manager
Virginia Beach-based property management firm The Lawson Cos. hired Brandi Hall as its first talent and development manager, it announced Tuesday. Hall is responsible for hiring and training Lawson employees as well as retaining them. She has 16 years of experience in human resource roles and was most recently the human resource[...]
Va. projects get $2.5 million from Appalachian Regional Commission
The Appalachian Regional Commission’s Partnerships for Opportunity and Workforce and Economic Revitalization (POWER) Initiative is granting three Virginia projects a total of $2.5 million, Gov. Ralph Northam announced Tuesday. “As our economy recovers from the impacts of COVID-19, it is critical to invest in Appalachia,” Northam said in a statement. “ARC’s POWER initiative will continue […][...]
Genworth completes IPO for mortgage insurance subsidiary
Henrico County-based Fortune 500 insurer Genworth Financial Inc. completed the once-delayed initial public offering of its mortgage insurance subsidiary, Raleigh, North Carolina-based Enact Holdings Inc., it announced Monday. Between the IPO and a private sale of shares, Genworth received aggregate net proceeds of about $535 million after underwriters’ fees but before other expenses. Genworth Holdings […][...]
Herndon’s BlackSky appoints chief revenue officer
Herndon- and Seattle-based geospatial intelligence and global monitoring company BlackSky Technology Inc. announced that J.R. Riordan assumed the role of chief revenue officer on Monday. “With a professional background in both defense and geospatial intelligence, J.R. will be an outstanding addition to BlackSky’s expande[...]
VCU poll shows McAuliffe with 9-point lead in governor’s race
A new statewide poll from Virginia Commonwealth University shows Democratic former Virginia Gov. Terry McAuliffe with a nine-point lead over Republican gubernatorial candidate Glenn Youngkin, a far different take than the much tighter race indicated by a Washington Post-George Mason University poll released Saturday. VCU’s[...]
Va. Beach apartment complex goes for $28.1M
Arbor Trace Apartment Homes, a Virginia Beach complex in the Oceanfront area, has sold for $28,175,000 to Hill Property Partners LLC, S.L. Nusbaum Realty Co. announced Monday. The neighborhood at 624 Suhtai Court is made up of 148 two-bedroom units, which will receive upgraded flooring and new appliances and fixtures. The commun[...]
