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Sentara invests $11M in Newport News revitalization
Health system supporting Marshall-Ridley initiative
Sentara Healthcare invested $11 million in Newport News’ Marshall-Ridley Choice Neighborhood revitalization initiative, the Norfolk-based health system announced Wednesday. Sentara is providing $11 million in loan financing support for the
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Fed’s Fifth District economy expands slightly
Supply chain disruptions, backlogs easing
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The economy in the Federal Reserve’s Fifth District (a multistate region including Virginia, North Carolina, South Carolina, West Virginia and Maryland) has expanded slightly since October, according to the latest
Virginia 500 Spotlight: Catherine Buell
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Director, Amazon Housing Equity Fund, Amazon.com Inc. Arlington County WHAT WOULD A COMPETITOR SAY ABOUT YOU? Much like the Roomba vacuum cleaner, Catherine is “pleasantly persistent” and doesn’t give up. She
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Va. home sales saw sharp drop in October
Largest yearly sales decrease in more than 10 years
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Virginia home sales in October decreased by 30.2% from the same time last year, the largest year-over-year sales decrease in more than a decade, according to a Virginia Realtors report
Richmond seeks developers for Coliseum property
City Center applications due Dec. 20
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Two Richmond city authorities issued a request for interest Thursday to redevelop the area surrounding the Richmond Coliseum into a hotel-anchored mixed-use development, the City Center Innovation District. Owned by
Newport News delegate plans to reintroduce bill to help tenants facing eviction
Price wants to lengthen "pay or quit" period
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Amid rising evictions in Virginia, a state legislator plans to reintroduce an expired public health emergency law which could help tenants pay their rent, although invested parties debate its efficacy.
TOP FIVE STORIES AUGUST 2022
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The top trending stories on VirginiaBusiness.com from July 15 to Aug. 14 were led by an exclusive update on the Virginia Beach Oceanfront surf park, which is being developed by
Pulaski sees housing future in 3D
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Like communities around Virginia, the town of Pulaski faces housing demand far outpacing supply. “We don’t have enough housing in our area,” says Town Manager Darlene Burcham. “So many of
Va. median home sales price breaches $400k for first time
Median sales price in May was $401,082
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The statewide median sales price for a home in May rose above $400,000 for the first time, according to the Virginia Realtors’ May 2022 Virginia Home Sales Report. The median
Henrico assisted living facility to become affordable housing
Virginia Supportive Housing to run Cool Lane Commons
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Construction started this week on a $23 million project that will create 86 units of affordable housing in eastern Henrico County, Virginia Supportive Housing announced. Formerly an assisted living facility,