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StartVirginia: August 2023 Heard Around Virginia
Two Virginia business owners were among 20 women entrepreneurs chosen in June out of 6,500 applicants to participate in a 10-week accelerator sponsored by Allergan Aesthetics, the maker of Botox. Monika Jefferson, CEO and founder of the Hampton Roads-based Association of Military Spouse Entrepreneurs, which provides networking and resources to military spouse business owners, and […]
Global coworking franchise coming to Chesapeake
Venture X, a global coworking office space franchise, is entering the Hampton Roads market, with its first location coming to Summit Pointe in Chesapeake, Cushman & Wakefield | Thalhimer announced Tuesday. HMP Properties LLC, a Venture X franchisee, has leased 18,543 square feet of space in the 555 Belaire office tower, whic[...]
$77.8M apartments break ground outside C-ville
Charlottesville-based GW Real Estate Partners, a vertically integrated multifamily construction and development firm, and Austin, Texas-based Virtus Real Estate Capital, have broken ground on a new, $77.8 million apartment community at the entrance to North Pointe, a 224-acre mixed-use community near Rivanna Station in Albemarle[...]
Richmond casino returning to Nov. ballots
It wasn’t exactly a surprise, but the Virginia Lottery and the Richmond Circuit Court have approved Richmond’s do-over casino referendum to appear on ballots this fall. “I am excited to see the Virginia Lottery and the Richmond Circuit Court approve the referendum for a Richmond destination resort and entertainment[...]
Plans revealed for second Buc-ee’s Va. location
Buc-ee’s appears to be planning its second Virginia location, this time along Interstate 81 in Rockingham County near Mt. Crawford. According to a post on the county’s Facebook page, Buc-ee’s, the Texas-sized travel center chain, has applied for a special use permit for review and approval of a proposed sign pl[...]
Atlantic Union to acquire American National Bank
Updated 4:15 p.m. July 25 Richmond-based Atlantic Union Bank’s parent company announced Tuesday that it has entered into an agreement to acquire American National Bankshares Inc., which is headquartered in Danville and is the holding company of American National Bank and Trust Co. The combined bank will have total assets o[...]
Nanotech company to invest $2.9M in C-ville expansion
Laser Thermal, a nanotechnology company spun out of the University of Virginia, will spend $2.9 million and add 28 jobs at its manufacturing, research and development facility in Charlottesville, Gov. Glenn Youngkin announced Monday. The company provides testing services to companies wanting to understand thermal properties at t[...]
CFA Institute sells Charlottesville HQ for $21.9M
The Charlottesville headquarters of CFA Institute sold for $21.9 million, Cushman & Wakefield | Thalhimer announced Tuesday. The 150,000-square-foot office building, at 915 E. High St., is the former Martha Jefferson Hospital, which opened in 1904, according to Cvillepedia. CFA Institute, a nonprofit association of investmen[...]
Microsoft Federal sees leadership change
Microsoft Corp.’s federal arm has new leadership, after its former president, Rick Wagner, left the company to pursue “new opportunities.” Wagner had run Microsoft Federal, now based in Rosslyn, since 2020. Candice Ling announced in a LinkedIn post this week that she had accepted his former job. Microsoft’[...]
Rail equipment manufacturer to expand in Salem
Wabtec Corp. is investing $2.7 million to expand its existing facility in Salem, adding 38 jobs, Gov. Glenn Youngkin announced Wednesday. Headquartered in Pittsburgh, Wabtec provides equipment, systems, digital solutions and other services for freight and transit rail globally. The expansion will accommodate the relocation of its pneumatically controlled braking systems manufacturing lines within its […][...]
Inova hires new chief information and digital officer
Inova has snagged another top executive from the Cleveland Clinic. Matthew Kull has been named as chief information and digital officer of the health system, which spans five hospitals and employs 20,000 people in Northern Virginia, the system announced Monday. Kull will start Aug. 7. Most recently, Kull served as chief informat[...]
Va. semiconductor alliance powers forward
Virginia’s initiative to become a bigger part of the country’s burgeoning semiconductor chip industry charged forward Tuesday with the public launch of an alliance intended to unite academia and businesses in developing talent and establishing manufacturing and research facilities. Announced in April by Gov. Glenn Yo[...]
