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Norfolk buys former Military Circle hotel for $2.4M
EDA now has control of the entire mall property.
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Less than a week after Norfolk announced its purchase of the Military Circle Shopping Mall for $11 million, the Norfolk Economic Development Authority (EDA) said Thursday it has also approved
Developers propose $350M tower to replace Richmond Public Safety Building
Capital City Partners worked on $1.5B Navy Hill development, spiked in February
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The development team that created plans for the failed $1.5 billion Navy Hill proposal in downtown Richmond has returned to the scene, this time with a lower-stakes proposal that would
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Greater Richmond Partnership hires VP of business development
Audrey Polk was most recently the existing business representative at the Henrico Economic Development Authority.
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Regional economic development organization The Greater Richmond Partnership Inc. (GRP) announced Tuesday it has hired Audrey Polk as its vice president of business development. Polk most recently worked as the
GO Virginia approves $2.87M in grants for 13 regional projects
Projects support economic development and workforce development efforts
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The state’s Go Virginia Board has allocated $2.87 million in grants for 13 regional projects supporting economic development. A state economic development initiative led by business leaders and state officials,
Charlottesville Chamber launches local economic recovery initiative
Business leaders will meet to create a 'blueprint' for best practices when businesses reopen
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The Charlottesville Regional Chamber of Commerce on Tuesday announced the launch of Project Rebound, a local economic recovery initiative to address the COVID-19 economic crisis. The project, hosted by The
1901 Group expanding into Washington County
The IT services company is creating 150 jobs at its third Virginia operations center.
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Reston-based information technology services company 1901 Group will invest $1.15 million in Washington County to establish its third Virginia operations center, creating 150 jobs, Gov. Ralph Northam announced Monday. The
Stanley Martin buys Richmond parking lot for $3.9M to develop town homes
Divaris Real Estate handled the sale.
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Reston-based Stanley Martin Cos. LLC has purchased a 1.16-acre parking lot at 1027 N. Lombardy St. in Richmond from Sylvia Place Properties LLC for $3.9 million, Virginia Beach-based Divaris Real
Former Colortree factory to be taken over by new company
Moore DM Group's $31M investment will bring back 239 jobs to Henrico printing plant.
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Tulsa, Oklahoma-based marketing conglomerate Moore DM Group will invest $31 million in reopening the Henrico County printing plant formerly operated by Colortree Group Inc., which abruptly went out of business
SimpliSafe customer support center to create 572 jobs in Henrico
Home security system manufacturer will invest $5.5M in new facility
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Home security system manufacturer SimpliSafe is establishing a customer support center in western Henrico County, a deal expected to create 572 jobs, Gov. Ralph Northam announced Thursday. The Boston-based company
Water heater manufacturer will create 180 jobs in James City County
Navien Inc. will invest $77.5M refurbishing the former Lumber Liquidators facility.
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Navien Inc., a U.S. subsidiary of a South Korean manufacturer of water heaters and boilers, is setting up shop at the former Lumber Liquidators building in James City County, creating