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Veterans affordable housing complex coming to Arlington
Arlington Partnership for Affordable Housing (APAH) has purchased the former Arlington American Legion Post 139 building for $8.8 million to construct apartment units and a new veterans programming center, Toronto, Canada-based real estate company Avison Young Inc. announced Monday. The Arlington chapter of the American Legion[...]
Loudoun County disperses $1.4M to 201 small businesses
The Loudoun County Department of Economic Development announced Friday it had dispersed approximately $1.4 million from the COVID-19 Business Interruption Fund to 201 small local businesses. The Loudoun County Board of Supervisors and the Loudoun County Economic Development Authority (EDA) established the fund. The board of supe[...]
D.C./Va./Md. COVID-19 task force forms for economic strategy
Connected DMV, a regional nonprofit collaboration in Northern Virginia, Washington D.C. and Maryland, announced Thursday it has formed a 45-person COVID-19 Strategic Renewal Task Force to make formal recommendations for addressing short-term and long-term COVID-19-related economic recovery. Founded in 2019, Connected DMV focuses on economic development in Virginia, Washington, D.C., and Maryland. The task force […][...]
Floyd County EDA receives $2.3M federal grant for growth center
The Floyd County Economic Development Authority announced this week it has received a $2.3 million grant from the U.S. Economic Development Administration to construct the first building for the Floyd Growth Center, a shared space in the Floyd Regional Commerce Center for small industrial companies. Different from a small business incubator, the center will allow […]
Norfolk buys former Military Circle hotel for $2.4M
Less than a week after Norfolk announced its purchase of the Military Circle Shopping Mall for $11 million, the Norfolk Economic Development Authority (EDA) said Thursday it has also approved a plan for the city to purchase the former DoubleTree Hotel at Military Circle for $2.4 million. The hotel property was listed for sale [...]
Land near Richmond stadium sells for $1.95M
A vacant plot of land in Richmond across from The Diamond baseball stadium has sold for $1.95 million, Colliers International announced Thursday. Located at 3110 N. Arthur Ashe Blvd., the property is 1.19 acres. The property is located directly across from the planned Boulevard redevelopment project, known as The Boulevard RVA. [...]
Va. Beach apartment complex sells for $6.575M
The Falcon Point apartment complex in Virginia Beach has sold for $6.575 million, Colliers International announced Thursday. Seminole Trail Properties purchased the property from The Runnymede Corp. Located at 2105 Lake Smith Drive, Falcon Point includes 64 apartment units. It was constructed in 1971 and has received both exteri[...]
Facebook awards nearly $170k in grants to three Va. newsrooms
Facebook Inc. announced Thursday that it has awarded a total of nearly $170,000 from its COVID-19 Local News Relief Fund Grant Program to three Virginia media outlets: The Richmond Free Press, Charlottesville Tomorrow and the Henrico Citizen. Facebook received more than 2,000 applications for the funding, dividing more than $10 million in grants among 144 […]
Reston-based Ellucian names chief marketing officer
Reston-based higher education software company Ellucian announced Wednesday it has named Sharon Loeb as its chief marketing officer. She will lead marketing initiatives and digital transformation for the company. Loeb was most recently the executive vice president and chief marketing officer at Cengage Learning, where she led marketing, communications and public affairs for the company. […]
Fairfax consulting company names president
Fairfax-based IT and management consulting contractor Axiologic Solutions LLC announced Wednesday it has named Andy Baratta as its president, who will lead business development and growth strategy for the company. Baratta was most recently the chief operating officer at Fairfax-based Data and Analytic Solutions Inc. He also prev[...]
ChamberRVA announces small business relief fund
Richmond’s regional chamber of commerce, ChamberRVA, on Wednesday launched its RVA Small Business Relief Fund to provide grants to eligible small businesses in the Richmond region that have been harmed by the COVID-19 pandemic. The effort is a partnership with Facebook Inc., which seeded the fund with $250,000 to be used in the first round of […]
Liberty University surpasses 100k online students
Liberty University announced Tuesday that it has surpassed 100,000 online students. The Lynchburg-based university’s previous online enrollment record was 98,000 students in 2014, and as of January 2020, it remained the state’s largest university by enrollment. “Liberty has been a leader in providing distance educa[...]
