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Hot times in cooling tech
As far as problems go, this was a good one to have. A year into his tenure as director of Virginia operations for Swedish manufacturer Munters Group AB, Brian Frost was seeing “explosive growth” in sales of data center cooling systems manufactured at the company’s facilities in Buena Vista and Natural Bridge. Cooling equip[...]
Maxey elected Council of Independent Colleges chair
Roanoke College President Michael C. Maxey has been elected chair of the Council of Independent Colleges’ Board of Directors, the council announced Monday. “The Council is pleased to have Michael Maxey as chair of the board,” CIC President Marjorie Hass said in a statement. “CIC is in the midst of impleme[...]
Lowe’s warehouse to create 70 jobs in Roanoke County
A new Lowe’s warehouse and distribution center is expected to create 70 jobs in Roanoke County, the $11 million project’s developer announced Monday. Lowe’s Cos. Inc. has hired Roanoke-based Cherney Development, in partnership with North Carolina-based Samet Corp., to build a 60,000-square-foot distribution warehou[...]
Virginia Tech breaks ground on $85M Hitt Hall
Virginia Tech leaders and donors broke ground Wednesday on the university’s $85 million, 100,000-square-foot Hitt Hall, which will house the Myers-Lawson School of Construction. The building, which has an expected completion of spring 2024, will feature general assignment classrooms and a 600-seat multivenue dining facilit[...]
Revamping Vinton
Vinton has been reinventing itself over the past decade, using public-private partnerships to convert old, vacant buildings into bustling modern developments. Now that the small eastern Roanoke County town has attracted new residents and visitors, the town’s new focus is on improving its transportation, walkability and infrast[...]
Virginia Tech Carilion hires director of communications
Josh Meyer will join Virginia Tech Carilion School of Medicine as its director of communications, the school announced this week. A Virginia Tech alumnus, Meyer was most recently director of marketing and strategic communications for Virginia Western Community College in Roanoke. “We are excited to have Josh join the Virginia [...]
Va. Bar Association elects first Black president
The Virginia Bar Association elected Victor O. Cardwell as its first Black president, the organization announced Monday. Cardwell is a Roanoke-based partner and board chairman of Woods Rogers PLC. He has served as a delegate in the American Bar Association, representing Virginia, and was appointed to Virginia’s Human Right[...]
Salem’s Spartan Square sells for $16.5M
Spartan Square, a 180,346-square-foot shopping center in Salem, has been sold for $16.5 million, Colliers announced on Jan. 18. Spartan Square Limited Partnership sold the 91% leased shopping center to a joint venture between Essential Growth Acquisition Properties and Viking Partners. The shopping center is anchored by a Kroger and tenants include Dollar Tree, Pet […]
Va. housing market broke records in 2021
Last year Virginia’s housing market was one for the record books, according to a new report released Jan. 21 by Virginia Realtors. In 2021, there were 154,340 home sales statewide, a 10.2% increase over 2020, according to the industry association. The median sales price was $350,000, a $30,000 jump, or 9.4% increase, from the previous […]
State awards $7M in grants to help with site readiness
Eleven commercial projects across the commonwealth will get a boost to help with site readiness, Gov. Ralph Northam announced Thursday. The Virginia Business Ready Site program, administered by the Virginia Economic Development Partnership, awarded $7 million in development grants. Having project-ready sites available has been a[...]
Commercial real estate leases across Va.
The following leases were completed between Dec. 14, 2021, and Jan. 10: Central Virginia Matt Gentry Agency renewed 1,151 square feet at 8401 Patterson Ave. in Richmond. Catherine Walker of Colliers Virginia handled the transaction on behalf of the landlord. American Pest Management leased 5,007 square feet at 1750 E Parham Road in Richmond. Joe […]
Bedford lays tracks for possible Amtrak stop
Leigh Ann Ellis is all aboard for Amtrak to begin stopping in the town of Bedford. In the past, Ellis, a journalism teacher at Bedford County’s Staunton River High School, had her students board the train in Lynchburg for field trips to New York or Washington, D.C. For students who live in Goodview, on the […]
