Locally produced spots for NBA on ESPN, ScottsMiracle-Gro and Papa Johns, and hall-of-fame honors for a former Brandcenter director.
The Pitch: Advertising and marketing news for 4.16.24
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 jonathan@richmondbizsense.com.
Richmond budgeting $3M for Coliseum demo amid stagnant City Center project
Administrators are recommending the demolition with the goal of removing public safety risks, cutting security costs and rejuvenating the seemingly stagnant redevelopment project.
60-acre expansion to finish out farm-centric Chickahominy Falls development
Hanover supervisors recently approved the expansion of the 55-and-up residential development that developer Roger Glover said will be the so-called agri-community’s final section.
‘It’s going back home for me’: Leonard Sledge leaving Richmond for Hampton
The City of Hampton announced Sledge’s rehire Wednesday, the same day BizSense reported his planned departure after five years as Richmond’s economic development director.
Tredegar CEO’s Mooreland Farms deal topped March home sales at $3.5M
The sale came out to $614 per square foot, toward the top end of the highest prices per square foot ever recorded in the area.
Newly filed ordinances detail new game plan for Diamond District financing
The city would issue $170 million in bonds to finance the development’s initial phase, and establish a community development authority as a financing option for future phases.
Updated: Sledge to step down as Richmond economic development director
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.
‘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.
