Passenger train service will return to the New River Valley for the first time since 1979, Gov. Ralph Northam said Wednesday, announcing an agreement with Norfolk Southern Railway. The $257.2 million deal is an addition to the $3.7 billion rail expansion package the governor hailed in March as part of the Transforming Rail in Virginia program.
In a first for the locality, Roanoke County has partnered with Virginia Tech to develop a five-year county economic development strategic plan. “We want to benchmark where we are today with goals that we hope to achieve in five years and then revisit it to see if we’re keeping up with what we said we
Brian J. Soller promoted to position at Roanoke fiber optics company
Roanoke-based Luna Innovations Inc. has named Brian J. Soller its new chief operating officer, effective immediately. He was previously senior vice president and general manager of Lightwave, Luna’s largest division. The fiber optic tech company, which manufactures products for the aerospace, automotive, communications, defense, energy, infrastructure, security and silicon photonics industries, announced Soller’s appointment Wednesday,
24-hour facility expected to open January 2022
On Monday, LewisGale Regional Health System held a groundbreaking ceremony for a new freestanding emergency room in Roanoke. Located at 1423 West Ruritan Road, the nearly 10,000-square-foot facility will be named LewisGale Medical Center Blue Hills ER and be staffed with board-certified emergency room physicians and nurses 24 hours a day, 365 days a year.
Laura A. McLary to serve as chief academic officer at Roanoke-based university
Hollins University has named Laura A. McLary as its new provost effective July 1, the Roanoke-based university announced this week. McLary arrives from the University of Portland in Oregon, where she served on the faculty teaching German starting in 1999 and became academic associate dean for the university’s College of Arts and Sciences in 2016.
504-unit Villages at Garst Creek complex changes hands
Arlington-based Blackfin Real Estate Investors LLC purchased Villages at Garst Creek, a 504-unit apartment complex in Roanoke County, for $23.25 million. The deal closed on April 21. Built in 1974, the 33-building property is located at 4375 Garst Mill Road. The property was rehabbed in 2007 under the Section 42 Low-Income Housing Tax Credit program.
Brian J. Quinlan hired for leadership role at Branch Group subsidiary
Brian J. Quinlan has been appointed to serves as executive vice president of Roanoke-based Branch Civil Inc., a wholly owned subsidiary of the Branch Group specializing in site development, civil construction and heavy highway infrastructure projects. In his new role, Quinlan will be responsible for Branch Civil’s overall financial and operational leadership, as well as
Poe & Cronk facilitated sale of 11,185-square-foot building
The former Boy Scouts of America building in Roanoke has sold for $1.2 million. Located at 2131 Valley View Boulevard, the 11,185-square-foot building was purchased by 1501 WW LLC from Blue Ridge Mountains Council Inc. The sale closed on March 3. Matt Huff and Zack May of Poe & Cronk facilitated the sale on behalf
Development includes 30+ acres and manufacturing facility
The former Johnson & Johnson Spectacle Lens Group development on more than 30 acres in Roanoke has sold for $6.26 million. Located at 2797 Frontage Road, the property was purchased by Briar Oaks Investments VII LLC from Delta Dental of Virginia. The sale, which included a 146,852-square-foot medical grade manufacturing, office and warehouse facility that’s
Half of property already leased
A 65,825-square-foot industrial property in Roanoke has been purchased for $2.02 million. Located at 1764 Granby St. NE, the property was purchased from Vista Properties by H&M Commercial Properties. The property had one tenant occupying about half the space; the other half of the property will be immediately available for lease. The sale closed on