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CoStar makes $18M pledge to VCU for arts building
Groundbreaking for CoStar Center for Arts and Innovation set for fall
CoStar Group, the Washington, D.C.-based real estate data analytics company with a large presence in Richmond, has committed to give $18 million to Virginia Commonwealth University to build an arts
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Va. hotel revenues in February up 14.9% from 2019
Most markets more than recovered from pandemic
Published
Hotel revenues in Virginia were 14.9% higher in February compared with pre-pandemic levels, largely because of increased room rates, according to data released Tuesday by STR Inc., a division of
Building blocks
Manufacturing, pharma lead area deals
Published
If you ask economic development officials in Central Virginia about 2022, they might respond with a familiar slogan: “Everything is awesome.” With almost 5,000 announced jobs and $1.6 billion in
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CoStar Group breaks ground on $460M Richmond expansion
CoStar will have more than 1M square feet downtown
Published
Washington, D.C.-based CoStar Group Inc., a commercial real estate data and analytics provider, broke ground on its $460 million downtown Richmond expansion Tuesday. Announced in December 2021, the campus will
Exceeding expectations
Richmond region notches big deals
Published
In the greater Richmond region, local economic development authorities have been hard at work landing new business and securing expansions, and this year those efforts bore fruit, they say. In
April Va. hotel revenues down slightly from pre-pandemic
Lagging NoVa hotel market drives state numbers down
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Virginia hotel revenues in April were down 3.5% compared with pre-pandemic April 2019 revenues, largely due to the lagging Northern Virginia market, according to data released Wednesday by STR Inc.,
CoStar Group buys former SunTrust building in Richmond
400 employees to work in riverfront space
Published
CoStar Group Inc. has expanded its Richmond footprint with the $20 million purchase of the former SunTrust office building on the James River. The five-story, 117,448-square-foot building at 901 Semmes
Feb. statewide hotel revenues were 6.1% lower than 2019
Hampton Roads outperforms other markets with 18% increase
Published
February hotel revenues in Virginia were 6.1% lower than those recorded in February 2019, according to data released Monday by STR Inc., a division of CoStar Group Inc. that provides
In the big leagues
Pharma and manufacturing drive growth
Published
Central Virginia continues to attract pharmaceutical companies, advanced manufacturing sites and distribution centers, with 2021 seeing several major deals from companies that will bring large footprints to the region. Richmond
Va. hotel revenues down 6.5% from Jan. 2019
Hampton Roads market continues to see revenue above 2019
Published
Virginia hotel revenues in January were 6.5% below January 2019 levels, according to data released Monday by STR Inc., a CoStar Group division that provides market data on the U.S.