The former HI Richmond Hostel at 7 N. 2nd St. will reopen under new ownership after being shuttered during the pandemic.
Hostel takeover: Monroe Ward building sells for $1.8 million
News
Venture capitalist gets approval to build Westhampton office building
The two-story, 11,000-square-foot building at 5605 Grove Ave. will house the offices of Summit Action Fund and hedge fund Hutch Capital.
Richmond-area eateries get $73M from Restaurant Revitalization Fund
Nearly 300 local businesses participated in the COVID-era stimulus program, receiving amounts ranging from as much $5.4 million to as low as $1,200.
The Docket: Local court roundup for 7.29.21
A car broker claims it is owed $700,000 over an Aston Martin Valkyrie. Former patients at Cumberland Hospital allege they were abused. BizSense Pro members have access to the full docket.
Trading Day: Local SEC filings for 7.29.21
A new director for LL Flooring by way of high-end retail giant, a major wine sale for Altria and second quarter earnings season kicks off with numbers rolling in from several local companies.
CraftMaster Homes acquired by Berkshire Hathaway affiliate
The 20-year-old firm will continue under its name as part of South Carolina-based Mungo Homes, which joined Warren Buffett’s conglomerate in 2018.
Food-and-beverage incubator Hatch creates co-warehousing offshoot
Hatch Logistics launched in the spring to provide storage services to food companies at a 20,000-square-foot climate-controlled warehouse.
Chesterfield plans to buy Spring Rock Green shopping center for $16M
The county wants to turn it into a mixed-use development with more than 1,000 residential units, office and retail space, a sports-and-entertainment venue and a hotel.
The R&D Dept.: Local patents for 7.28.2021
This week’s patents include a master performance indicator, a noise-reduced blender, a water filtration method and more.
Holy Mackerel: Brewer opens new riverfront taproom at Jordan Point
“It was for sale and the price was right,” a Holy Mackerel Small Batch Beers manager said of the former Dockside Restaurant space.