Multiple sources with knowledge of his plans confirmed that Leonard Sledge, the department’s director for five years, had said he will be stepping down in June.
Updated: Sledge to step down as Richmond economic development director
Jonathan Spiers
Jonathan joined BizSense in 2015 after a decade of reporting in Wilmington, N.C., and at the Henrico County Leader. The Virginia Tech grad covers government, real estate and other news.
Reach him at (804) 308-2447 or [email protected].
‘We have got to get shovels in the ground’: Council plays ball on stadium bond plan
Administrators’ pitch to change the city’s approach to financing its massive Diamond District development appeared to land receptively with Richmond City Council on Monday, despite increased risk.
City pitching new financing plan for Diamond District amid state sales tax uncertainty
In a proposal that will be presented to City Council today, administrators are recommending that the city issue its own revenue bonds to fund the stadium and infrastructure for the development’s first phase.
Developers mark start of construction for $300M Creighton Court transformation
The project’s first 68 units are slated for completion next March, while a second phase of 72 units is scheduled to start by this fall and finish late next year.
Henrico EDA buys 8 acres near GreenCity site for $2M
The wooded parcel is part of the Park Central office park and across Scott Road from the Saint Gertrude High School Outdoor Athletic Center, which the EDA bought last year for $4.5 million.
Housing nonprofit completes 86-unit Cool Lane Commons project
The 86-unit conversion of the former Seven Hills Health Care Center also provides a new home base for Virginia Supportive Housing, which led the project.
The Pitch: Advertising and marketing news for 4.2.24
An underwear brand reveals its latest campaign, an Eastern Shore hotel gets a redesigned website and a local ad executive announces her retirement. (BizSense Pro subscription required)
Atlantic Union completes $507M deal to acquire American National Bank
The marriage gives AUB more of a presence in Danville, Lynchburg and Martinsville, in particular. AUB had cited American National’s operations in the Piedmont Triad of North Carolina as a driver of the deal.
Branding firm to fill former Mean Bird spot after owners buy building
Aaron and Amanda Gibson are moving their 903 Creative firm to the former restaurant space after five years on Robinson Street.
Green Front Furniture exec’s Monument Ave. mansion undergoing $1.5M restoration
Participants in Sunday’s Easter on Parade will notice the makings of what’s planned to be a two-year restoration of the mansion owned by CEO Den Cralle, who is sponsoring the event.