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Henrico County in contact with 39 of 41 nursing homes, fire chief says
After COVID-19 outbreak at care facility in county, emergency responders asked all centers what they need
After a news conference Thursday evening in which the Henrico County manager promised that county staff would be calling all of the county’s 41 nursing homes, the county Division of Fire employees followed through on the promise Friday. They spoke to employees at 39 facilities by mid-afternoon Friday, Fire Chief Alec Oughton said. As for
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Williamsburg apartment complex sells for $26.25M
Williamsburg-based Philip Richardson Co. Inc. sold Regency at Longhill apartments.
A 224-unit apartment complex in Williamsburg sold for $26.25 million, New York City-based commercial real estate company Berkadia Commercial Mortgage LLC announced Friday. The Regency at Longhill apartments are located at 5302 Lane Place Drive, which is less than 3 miles from the Warhill Sports Complex, the Williamsburg Premium Outlets mall, Highway 60 and Humelsine
400,000 Virginians have enrolled in Medicaid due to expansion
Virginia Department of Medical Assistance Services has instituted policies to increase access to care during pandemic.
More than 400,000 adults have now enrolled in the state’s Medicaid program since Virginia expanded eligibility in January 2019, Gov. Ralph Northam and the Virginia Department of Medical Assistance Services (DMAS) announced Friday. “We could never envision that we would reach this milestone amid a historic health emergency, but the timing is a reminder of
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Va. to open temporary hospitals in NoVa, Richmond, Hampton Roads
Governor also directing state agencies to prepare for budget cuts.
With the COVID-19 crisis growing, Gov. Ralph Northam announced Friday that Virginia has selected three sites for overflow patient care: the Dulles Expo Center in Chantilly, the Greater Richmond Convention Center and the Hampton Roads Convention Center in Hampton. The state government is completing contracts to use the facilities as temporary hospitals and is coordinating
Henrico strip mall sells for $1.5M
Dollar General is anchor retailer at Laurel Park Shopping Center.
Laurel Park Shopping Center in Henrico sold for $1.5 million, Commonwealth Commercial Partners LLC announced Friday. The strip mall located at the corner of Woodman and Hungary Roads encompasses more than 16 acres of land, and is located less than 2 miles from Reynold Community College. The shopping center’s primary retailer is Dollar General. New
TowneBank moving closer to Norfolk Southern Tower purchase
LLC formed by bank purchased nearby parking garage for $8.5M
Suffolk-based TowneBank is moving closer to purchasing the 22-story Norfolk Southern Tower, reaching an agreement to purchase a nearby downtown Norfolk parking garage for $8.5 million. TowneBank hopes to close on the parking garage and the Norfolk Southern building this summer, TowneBank spokesperson Joel Rubin said Thursday. TowneBank’s headquarters will remain in Suffolk. No sales price
The ‘stress test’ for data centers
During COVID-19 crisis, broadband consumption has risen 50% during daytime hours.
The internet hasn’t blown up — yet. But the primary data center hub of the world — Loudoun County — where more than 70% of all internet traffic passes through the county’s Ashburn area, has seen a 50% spike in daytime broadband consumption since the coronavirus crisis began, says Buddy Rizer, Loudoun County’s executive director
Radford University off-campus apartments sell for $36.1M
The purchase includes 52 buildings that can house up to 730 students.
More than 200 apartment units near Radford University sold for $36.1 million, Richmond-based real estate company One South Commercial announced this week. The buildings were sold by Highland Apts I LLC, a special-purpose entity (SPE) associated with Reston-based real estate investment firm Willow Creek Partners. Radford-based developer and operator Prince Williams Realty entities bought the
Contura Energy temporarily closing several Va. mines
Move is being made due to the coronavirus pandemic.
The Virginia Department of Mines, Minerals and Energy (DMME) was notified Friday morning that Tennessee-based Contura Energy is temporarily closing nearly all of its coal mines in Virginia in response to coronavirus, DMME spokesperson Tarah Kesterson says. Contura has affiliate mining operations in Pennsylvania, Virginia and West Virginia. Its Virginia facilities including 88 Strip, Long
Two apartment complexes in Va. Beach sell for $7M+
One is near Virginia Beach Oceanfront and one is less than 3 miles from Town Center.
Two apartment complexes in Virginia Beach have sold for $3.1 million and $4.525 million, respectively, commercial real estate investment company Marcus & Millichap announced this week. The Green Meadows Apartments sold for $3.1 million and the Breezy Meadows Apartments sold for $4.525 million, said Benjamin Yelm, regional manager of the firm’s Hampton Roads office. Cohen