Please ensure Javascript is enabled for purposes of website accessibility

Regions

Government | Politics
Feb 3, 2021

Northam named Appalachian Regional Commission states’ co-chair

The Appalachian Regional Commission announced Wednesday its 13 governors have elected Gov. Ralph Northam to serve as ARC’s states’ co-chair for 2021.  As co-chair, Northam will work with the federal co-chair to invest in economic growth and development across the 13-state Appalachian region. In fiscal year 2020, ARC[...]

Feb 2, 2021

The Hilb Group makes third acquisition announcement of 2021

Henrico County-based insurance company The Hilb Group LLC made its third acquisition announcement of the year, with the purchase of Lake Success, New York-based Rampart Brokerage Corp. & Affiliates. Financial details of the acquisition were not disclosed. Founded 55 years ago, Rampart Brokerage Corp. and Affiliates (RBC) employs nearly 200 people and serves as a […]

Feb 1, 2021

Wells Fargo to lay off 320 Henrico County employees

The investment management and financial brokerage business unit of Wells Fargo & Co., Virginia’s third-largest bank by 2019 deposits, will lay off 320 employees from its Henrico County office. The wealth and investment management jobs are moving to some of the bank’s larger locations, Wells Fargo Advisors spokesperson Shea Leordeanu said in a statement. Wells […]

The Virginia Tech Carilion School of Medicine saw a 48% increase in applications during 2020.
Jan 29, 2021

‘Fauci effect’ spurs med school applicant growth

It just got even more competitive to win a spot at the Virginia Tech Carilion School of Medicine, which saw a 48% increase in applications last year. By the Dec. 1, 2020, application deadline, the medical school had received 6,374 applications for the class of 2025, which has a mere 49 openings. Last year, the […]

This railroad trestle crossing the Shenandoah River marks one of the scenic areas hikers could see along the proposed Shenandoah Valley Rail Trail.
Jan 29, 2021

Shenandoah eyes old rail line as trail to prosperity

Woodstock Mayor Jeremy McCleary has a vision. On a vacated railroad line that runs nearly 50 miles, from just outside Front Royal through Shenandoah County and down to the Rockingham County town of Broadway, McCleary envisions creating a trail for bicyclists, walkers and runners. The trail’s planned pathway wanders through[...]

Rocky Mount Town Manager James Ervin leads negotiations with Appalachian Power on behalf of several local governments.
Jan 29, 2021

Power contract keeps third-party solar out of reach

More than 40 years ago, local governments in Appalachian Power’s service area banded together to negotiate rates. Now, Rocky Mount Town Manager James Ervin, chair of the steering committee that leads negotiations, says that’s worked out well. “We pay a rate that is considerably less than a comparable private sector[...]

Brian Solis, an assistant to Virginia Beach’s city manager, is starting up the city’s new Resort Management Office.
Jan 29, 2021

Virginia Beach revives resort office to bolster Oceanfront tourism

This summer, visitors to Virginia Beach’s resort area will be greeted by spruced-up properties, enhanced entertainment options and new tourism ambassadors. These are just some of the city’s efforts to improve the 40-block commercial district through its restored Resort Management Office. City Council is allocating $1[...]

Developers Susan Eastridge and Michael Hallmark aim to redevelop the former Best Products campus in Henrico.
Jan 29, 2021

Developers see green with state’s first ecodistrict

The rooftop of a former office building might not appear to be the ideal location to harvest tomatoes, corn and squash, but that may be the fate of Best Products’ former headquarters. From the ashes of the failed $1.5 billion Navy Hill project that sought to redevelop Richmond’s downtown, a similar arena-anchored pro[...]

Amid shrinking demand for office space, Northern Virginia leasing companies are striking deals with tenants.
Jan 29, 2021

Commercial leases take a more generous turn 

As Northern Virginia has been hit hard by rising office vacancies during the pandemic, companies there are increasingly seeking more generous lease terms and benefits. “There has been a shift toward short-term renewals of existing leases,” says David Ritchey, executive vice president of JBG Smith Properties, a real estate in[...]

Martinsville’s New College Institute installed a 25-foot tower for students training to work in the wind energy industry.
Jan 29, 2021

Wind industry training catches a Southern breeze

New College Institute wants to take the lead in building the state’s wind energy workforce. In January, the Martinsville higher education center became the first site in Virginia to offer wind technician training courses, certified by the Global Wind Organisation, a Danish nonprofit that sets international minimum standard[...]

Perspecta corporate headquarters. Photo courtesy Perspecta
Jan 27, 2021

Perspecta to be acquired for $7.1B in all-cash deal

Chantilly-based federal contractor Perspecta Inc. will be acquired for $7.1 billion by Herndon-based national security contractor Peraton, an affiliate of private investment firm Veritas Capital, in an all-cash deal, the companies announced Tuesday. Perspecta will combine with Peraton under the transaction, which is expected to [...]

Cory Mills (left) and Rana Al Saadi
Jan 25, 2021

Falls Church consultancy names executive chairman, vice chairman

Falls Church-based consultancy PACEM Solutions International and PACEM Defense LLC announced Friday the appointment of Cory Mills as executive chairman and Rana Al Saadi as executive vice chairman of its board of directors, effective immediately.  Mills and Saadi are both co-founders of PACEM Solutions International and PACEM D[...]

YOUR NEWS.
YOUR INBOX.
DAILY.

By subscribing you agree to our Privacy Policy.