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Hampton Roads Realtor receives lifetime achievement award
The Hampton Roads Realtors Association presented Berkshire Hathaway HomeServices Towne Realty Chairman and CEO Barbara Wolcott with its 2019 HRRA Lifetime Achievement Award, the company announced Monday. The award is given to tenured HRRA association members who have made a recognizable and identifiable difference in multiple fa[...]
Fairfax County EDA CEO honored for collaborative leadership
Victor Hoskins, president and CEO of the Fairfax County Economic Development Authority, received the Ronald Kirby Award for Collaborative Leadership this week from the Metropolitan Washington Council of Governments, the FCEDA announced Friday. The award recognizes non-elected government executives who work collaboratively with e[...]
Colonial Williamsburg appoints new CEO
The Colonial Williamsburg Foundation has appointed Cliff Fleet, the former head of Philip Morris USA, as the organization’s ninth president and CEO. Fleet will start his new role on Jan. 1. Fleet, who served as president and CEO of the Henrico County-based cigarette manufacturer from 2013 to 2017, will succeed Mitchell R[...]
Appalachian Power awards $57,500 in economic development grants
Appalachian Power awarded a total of $57,500 to nine Virginia organizations through the energy company’s Economic Development Growth Enhancement (EDGE) program, the Southern Virginia Regional Alliance (SVRA) announced Friday. SVRA was awarded $16,500 for marketing materials and videos of the southern region and regional mega-sites. “We are thankful for the support that Appalachian Power provides […][...]
Petersburg hotel operator files $28M claim in LeClairRyan bankruptcy case
Virginia hotel operator Petersburg Regency LLC filed a $28 million claim in the LeClairRyan bankruptcy case Thursday in Richmond, according to the federal court filing. Petersburg Regency is seeking relief from an automatic stay in LeClairRyan’s handling of an insurance dispute from 2003’s Hurricane Isabel. An automatic stay ensures equality of distribution by preventing one […]
Danville’s Telly Tucker will lead Arlington Economic Development
Telly Tucker, director of economic development in Danville, is leaving next month to lead Arlington County’s economic development department, the city of Danville announced Thursday. “It was a tremendous opportunity,” Tucker said Thursday in a phone interview. “My heart will always be in Danville for the opportunity [...]
Suffolk EDA awards $15K grant to local cafe
The Suffolk Economic Development Authority has awarded a $15,000 state grant to Wall Street Cafe, which plans to open a new venture in the city. The two-story Wall Street Cafe building on Suffolk’s Washington Street will house a coffee shop on the first floor and a real estate and finance professional office on the second […]
General Dynamics awarded $118M Army contract
Reston-based General Dynamics Information Technology (GDIT) has been awarded a $118 million contract to provide mission support to the U.S. Army’s Department of Information Network, GDIT announced Thursday. GDIT will provide broad IT and cybersecurity support to Network Enterprise Technology Command, Army Cyber Command and Chief Information Officer/G-6 out of Fort Huachuca near Sierra Vista, […][...]
Breeden Construction tapped to build apartment complexes
Virginia Beach-based Breeden Construction LLC has been named general contractor for apartment complexes in Richmond, Hampton Roads and Northern Virginia valued at a total of approximately $105 million, Breeden announced this week. Construction began in fall 2019 on the Hampton Roads and Richmond properties and the Northern Virginia property will begin in early 2020. The […]
Genworth completes $1.8B sale of Canadian unit
Henrico County-based Genworth Financial Inc. has completed the sale of the majority stake in its Canadian mortgage insurance company. The sale of Genworth MI Canada Inc. to Brookfield Business Partners is part of Genworth’s effort to clear the way for its long-delayed takeover by China Oceanwide Holdings Group Co. Ltd. Brookfield paid $48.86 Canadian dollars (CAD) […]
Indoor farm to create 92 jobs in Danville-Pittsylvania County
New Jersey-based AeroFarms is investing $42 million to construct a 150,000 indoor vertical farm in Cane Creek Centre, a joint industrial park for Danville and Pittsylvania County. The facility will create 92 jobs. AeroFarms employs a proprietary growing technology to produce leafy greens through aeroponics, a process in which plants are grown outside soil on […]
Wegmans distribution center to bring 700 jobs to Hanover
Wegmans Food Markets plans to build a $175 million regional distribution center in Hanover County, creating 700 jobs, Gov. Ralph Northam announced Wednesday. The campus, which will be located along Sliding Hill and Ashcake Roads off Interstate 95 in Ashland, will expand the grocer’s distribution network on the East Coast. [...]
