A prominent developer will sell his stake in the company his father founded under pressure from colleagues who told him they would foreclose on his house and force his wife into bankruptcy if he did not comply.
Al Harris
Video game developer rises from the ‘Ash’
Richmond native Aujang Abadi and the firm he co-founded are setting up shop in the Boulders.
Pipeline: Commercial Real Estate Round Up 6.18.11
LabCorp leased 31,000 square feeet at Villa Park, while The Phoenix leased 2,600 square feet on West Cary Street. Plus a handful of new leases in the Manchester section of Richmond.
The decade-long billboard battle
A Louisiana-based outdoor advertising company has sued Richmond to prevent the removal of a 90-foot billboard.
Governor shines a light on alternative energy
Gov. Bob McDonnell signed into law Wednesday afternoon several bills aimed at encouraging the use of alternative and renewable energy sources. McDonnell signed the bills at a ceremony at the VCU School of Business that was attended by students and members of the Virginia Alternative and Renewable Energy Association, which lobbied for the bills. “We… Read more »
Slated for demolition
In case you haven’t noticed, VCU has been on a construction spree, with two new parking decks on Grace Street. This coming month, they will be on a demolition spree as well. Vintage RVA has a round up of five buildings that VCU plans to demolish. BizSense previously covered yet another historic building slated for… Read more »
Fan restaurant ‘closed today’ indefinitely
Davis & Main, a Fan restaurant located at its namesake intersection, has been closed indefinitely, despite the sign in the window that reads “Closed Today.” Owner Robert Nolan has been trying for some time to sell the establishment, which he has owned since 2002. A writer for RVA News tracked down Nolan on Friday, but… Read more »
It’s a small world for one Richmond business
When Dominion Payroll Services bought Nashville’s Premier Payroll Consultants for an undisclosed amount, the deal came with an unexpected connection.
Pipeline: Commercial Real Estate Round Up 6.10.11
A $1.4 million sale for a retail/office building. Plus CGI Technologies & Solutions leased 2,280 square feet at 707 E. Main Street in Richmond and Sweet Frog leased space on Laburnum Ave. for another frozen yogurt location.
When Dominion wants you to charge your electric car
Dominion Virginia Power is pitching a new rate structure for customers who want to plug in and charge electric vehicles.