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Sentara Halifax plans new, smaller hospital
Sentara Halifax Regional Hospital in South Boston is investing $70 million to construct a new acute care hospital to replace its aging predecessor, with completion set for late 2025 or early 2026. The new hospital will be about a third the size of the existing 300,000-square-foot facility, which is licensed for 192 beds. Sentara[...]
August 2023 Virginia 500 Spotlight: BYRON L. BOSTON
FIRST JOB: From my freshman year of high school through my senior year of college, I worked as an usher in St. Louis. It was a great first job — I worked major sporting events and at the Gateway Arch. HOBBY/PASSION: I’m very passionate about physical fitness, and kayaking is one of my favorite hobbies. […]
MBU program makes college more affordable
Entering her senior year at Waynesboro High School last fall, Emma Clark did not know whether higher education was in her future. The youngest of eight children, she was mindful that her father’s mechanic business had to provide for all her siblings. “I don’t have the access to money like other people would,” she says. [[...]
Parking repeal gives developers space
Opening a small business is never easy, but for many Richmond entrepreneurs, the city’s previous minimum parking requirements added extra hassle. Two years ago, when restaurant Africanne on Main relocated from its longtime downtown location to a spot near Virginia Commonwealth University’s Monroe Park Campus, city parking re[...]
The antacid
For every parent who’s ever downed a Prilosec-and-Maalox cocktail while making out an eye-popping college tuition check, there comes a moment when they may look askance at how universities are spending their money. After all, the same schools that send entreaties to contribute to billion-dollar capital campaigns have dramatica[...]
Bristol makes tourism marketing switch
After 38 years, Bristol, Virginia, has switched destination marketing organizations. On June 13, City Council passed a resolution designating Bristol Regional Tourism Marketing Corp., better known as Explore Bristol, as its new DMO, the agency responsible for promoting the area to tourists. The former DMO, Discover Bristol, oper[...]
2023 Virginia CFO Awards nominees
Anna Amirsoltani* Cassaday & Company Inc. Ali Azima* Thompson Hospitality Corp. Jim Barker* Delta Dental of Virginia Mike Barr S.B. Cox Inc. Elizabeth (Beth) Beale Old Point Financial Corp. Sandra and William Berry Berry’s Produce Jason Chesky* Logenix International LLC Clyde Cornett* Virginia Community Capital Inc. Bill Davis* Virginia War Memorial Foundation Inc. Joel Flax* […]
August 2023 Out and About
Virginia Business held its 18th annual Virginia CFO Awards banquet at The Jefferson Hotel in Richmond on June 8. Sponsored by Truist Financial Corp., Yount, Hyde and Barbour (YHB) and Accent Professional Recruiting, the event honored 34 CFOs from around the commonwealth, nominated in four award categories, representing a variety of nonprofits, government agencies and […]
Surge of credit card defaults ahead?
Americans owe an all-time high of nearly $1 trillion on their credit cards, setting the stage for a possible surge in consumer delinquencies and defaults. “There are nascent signs of trouble brewing,” investment firm Glenmede Trust Co. warned in an April research note. “An ever–larger share of credit balances have transi[...]
Money machine
In 2009, Donald Hart found himself in an enviable position. Leading up to his graduation from Ocean Lakes High School in Virginia Beach, Hart had been accepted to a slew of the state’s public, four-year universities: Virginia Tech, the University of Virginia, Old Dominion University, George Mason University and James Madison U[...]
Developer rejuvenates Colonial Beach
Richmond developer Duke Dodson fondly remembers spending summer days as a child at Colonial Beach, a Northern Neck beach town bordering Maryland on the Potomac River. So, when the town listed 12 parcels of land for sale in 2020, he jumped at the opportunity. “My grandparents went to Colonial Beach back in the day to […]
Virginia accelerators vie for SBA award
During a virtual meeting of Virginia energy stakeholders in late June, Dominion Energy Innovation Center Executive Director Adam Sledd posed a question: How can Virginia become a leader in climate technology innovation? That’s the kind of ambitious vision that Sledd hopes will carry DEIC to victory in the second and final stag[...]
