Land prices have fallen in Virginia (Times-Dispatch) Prices have fallen by as much as 40 percent since peaking in 2007, land brokers and developers say. But the market seems to have stabilized and activity is picking up. On eve of mill’s closure, Franklin takes stock (Virginian-Pilot) Company officials have said there are about 15 offers… Read more »
Aaron Kremer
Aaron Kremer is the founder of Richmond BizSense. Email him at [email protected].
Alternative energy firm has alternative expansion plans
Most companies start local and expand global. But a Shockoe alternative energy firm with operations in Europe and Latin America is taking the opposite growth approach and looking hard at building one or two wood pellet plants in Virginia.
The Herd: New hires, promotions and departures for 4.7.10
One of our biggest Herds yet, with a departure in commercial real estate and new hires in banking, real estate and IT.
NewsFeeds 4.7.10
Magnolia Green has new project manager (Times-Dispatch) Magnolia Green, a planned resort-style community in Chesterfield County, is getting a jump-start after the development went into foreclosure last year. Millions of dollars at stake in bluefin tuna battle (Virginian-Pilot) There have been thousands of bluefin off the coast of northeast North Carolina since mid-February. But unless… Read more »
NewsFeeds 4.6.10
Roanoke increases meals tax by 2% (Roanoke Times) The Roanoke City Council voted unanimously Monday to raise the city’s meals tax by 2 cents on the dollar, with that money pledged to fund public schools. Engineering firm acquires Beach architecture company (Virginian-Pilot) An architecture company known for designing office buildings and developments across the region… Read more »
NewsFeeds 4.5.10
Finding employment full-time work for job seekers (Times-Dispatch) There are lots of disappointments along the way. Networking, you meet lots of people who want to sell you job-seeking services, or insurance, or help with your credit, the unemployed say. Some want to sign you up for commission-only work, selling insurance or financial planning services. Williamsburg… Read more »
Student entrepreneur has perfect pitch
A Kindle-style tablet that its inventor hopes will display sheet music and also transcribe songs into musical notation is music to the judges’ ears at UR’s annual business pitch contest, plus four other promising startups.
NewsFeeds 4.2.10
Recycling company to build South Richmond plant (Times-Dispatch) Cephas Industries is building the $6 million plant, which will be financed by $3.5 million in facility bonds obtained through the federal government’s economic stimulus package. Regulators deemed Bank of the Commonwealth ‘troubled’ (Virginian-Pilot) Commonwealth Bankshares Inc., based in Norfolk, suffered heavy losses last year from a… Read more »
Good day for a nap
BizSense spied this guy playing hooky to take a nap on the Canal Walk. He couldn’t have picked a better day.
A new kind of capital fund
There’s a new group of Virginia investors looking to invest as much as $250,000 at a time into growing businesses, and reasons it might succeed where others have failed include a social component and low-pressure requirements for members.