NewsFeeds 3.22.11

Experts to devise plan for Fulton in Richmond’s East End (Times-Dispatch)
Consultants will visit the area this year to study the potential and work with residents to develop a strategy to strengthen Fulton as a commercial corridor.

Costco is shopping for the Outlet Mall (Virginia Gazette)
Last year the warehouse store was looking at Settler’s Market on Monticello Avenue, but it was considered a bad fit with more than 200 homes planned nearby.

Renaissance Hotel under new owners, management (Virginian-Pilot)
The city’s publicly funded Renaissance Hotel and Waterfront Conference Center, which opened in 2001, has been sold and is now being managed by a new company, Dallas-based Remington Lodging. The hotel and conference center opened with an upfront public investment of about $39 million and a private investment of about $14 million.

Boomer Start-Ups – Out of Need or Ennui? (WSJ)
The Kauffman Foundation, for example, says that rates of entrepreneurship are 50% higher for people between 55 and 64 than people between 20 and 34. And rates of entrepreneurship among people ages 55 and 64 have generally been trending up since 2007, whereas rates for that younger group have stayed relatively flat. But what’s the source of this start-up activity – especially among the 65-and-older group that Floyd and Kitces are talking about?

Johnson Says There’s No ‘Magic’ to Business Success (Inc.)
The basketball legend-turned-entrepreneur answers Inc. Twitter followers’ and Facebook fans’ questions about life on and off the court.

The kingpin of luxury bowling (Fortune)
: A Dallas businessman plans a chain of luxury tenpins clubs – starting with the one at his house.

Experts to devise plan for Fulton in Richmond’s East End (Times-Dispatch)
Consultants will visit the area this year to study the potential and work with residents to develop a strategy to strengthen Fulton as a commercial corridor.

Costco is shopping for the Outlet Mall (Virginia Gazette)
Last year the warehouse store was looking at Settler’s Market on Monticello Avenue, but it was considered a bad fit with more than 200 homes planned nearby.

Renaissance Hotel under new owners, management (Virginian-Pilot)
The city’s publicly funded Renaissance Hotel and Waterfront Conference Center, which opened in 2001, has been sold and is now being managed by a new company, Dallas-based Remington Lodging. The hotel and conference center opened with an upfront public investment of about $39 million and a private investment of about $14 million.

Boomer Start-Ups – Out of Need or Ennui? (WSJ)
The Kauffman Foundation, for example, says that rates of entrepreneurship are 50% higher for people between 55 and 64 than people between 20 and 34. And rates of entrepreneurship among people ages 55 and 64 have generally been trending up since 2007, whereas rates for that younger group have stayed relatively flat. But what’s the source of this start-up activity – especially among the 65-and-older group that Floyd and Kitces are talking about?

Johnson Says There’s No ‘Magic’ to Business Success (Inc.)
The basketball legend-turned-entrepreneur answers Inc. Twitter followers’ and Facebook fans’ questions about life on and off the court.

The kingpin of luxury bowling (Fortune)
: A Dallas businessman plans a chain of luxury tenpins clubs – starting with the one at his house.

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