Education

VCU is currently anticipating a budget shortfall of $16.2 million in FY26, and said it was weighing a variety of strategies to close the gap.

VCU is planning to renovate nearly 18,000 square feet of space in the Cary & Belvidere Residential College to make way for a new headquarters and event venue for its catering operations.

The first phase will be financed primarily by the pending sale of the 6.6-acre Sports Backers Stadium site to the Richmond EDA for $25 million.

Franchisees Alisa and Brad McKeiver last month opened the region’s first location of Ivybrook Academy at 480 Winter Place Way in Powhatan.

Included in the multi-year renovations were improvements to the school’s moot courtroom, where students participate in mock trials.

The 64-bed, four-building complex will be the school’s first new dorm in about a decade and comes amid growing enrollment at the college.

The company known for its employees in yellow jackets, is in the final weeks of a security contract with VCU and VCU Health, which have hired Sentry Force Security to handle the job starting in mid-August.

School may be out of session, but the Northside private school is keeping busy this summer with a seven-figure deal that adds an acre to its campus.

The local franchise group is building a two-story, 11,600-square-foot childcare center with an anticipated opening date of late 2025.