“This is not an agreement to go and develop whatever on the property. This is an agreement to bring back racing to the property,” the county EDA said.
Chesterfield EDA, Competitive Racing ink lease-to-purchase deal for Southside Speedway
Jack Jacobs
Jack joined BizSense in 2020, covering startups, retail, healthcare, public companies and nonprofits. He previously reported for the Virginia Gazette and Tidewater Review. He is a graduate of Christopher Newport University. Reach him at jack@richmondbizsense.com or 804-554-6545.
Bill to change rules on hemp sales at farmers markets fails in General Assembly
With the bill defeated, sellers of smokable and edible CBD products will continue to be required to pay a $1,000 registration fee for each location they want to operate, whether they are brick-and-mortar stores or pop-up events.
Coffee-and-records shop Le Cache Dulcet opening in Arts District
Owner Patrick Weaver said the combination was inspired by his years living in Los Angeles, where he rekindled a passion for vinyl and developed an interest in coffee over meetups in the city’s cafes.
Residential project on Swift Creek Reservoir gets thumbs up from Chesterfield board
Thacker’s View, which is planned for 260 homes on a 139-acre site formerly occupied by events venue Celebrations at the Reservoir, got the green light from the county last night.
Barnes & Noble to reopen in Glen Allen shopping center this summer
The new store would be more than 50% smaller than the next-door space the bookseller vacated in June after 20 years. It also wouldn’t have an on-site café.
Bill to lower food-to-liquor ratio for restaurants shot down by General Assembly yet again
State law requires that the licensees have at least 45% of their gross receipts per year come from food sales, which some argue is too difficult to comply with.
Bankrupt crafts retailer Joann closing all stores, including two in Richmond area
The move is a reversal of previously announced plans by Joann to shutter just some of its stores, a footprint reduction that would have spared its Henrico and Chesterfield locations.
Virginia Rep hits another funding rut after Northside theater sale falls through
A failed real estate deal has brought the curtain down on a Virginia Repertory Theatre production slated to run in the coming weeks and left the nonprofit once again searching for additional financial support.
Lakeside Barbeque co-owner planning ice cream shop to replace portion of restaurant
The upcoming Sweet Spot Creamery is the latest concept from 19-year-old Omar Elshami, who in addition to being a part-owner of Lakeside Barbeque also owns Narwhals Rolled Ice Cream in Carytown.
New coworking and events venue opens in the Fan
The new space called Ours, is affiliated with Index, a coworking and events venue in New York City. Richmonder Sam Taylor is behind it.