News

Rain delay for storm water rules

New rules on how builders must account for runoff that eventually flows into the Chesapeake Bay will have to go through another comments period. The development community has resisted the new standards, which they say will make costs prohibitive just as the industry is trying to recover from the recession. The rules are intended to reduce pollution in the Bay.

Countertop couture

Granite will never replace leather in the handbag market, but Goochland-based stone retailer Charles Luck has just published “Perspectives,” an “architectural and design forecast” influenced as much by the runways of New York as the Earth’s quarries.

Local bank files plan with regulators

According to the agreement, Bank of Virginia must submit to regulators a plan that improves its loan policies, credit risk management and board oversight, among other requirements. The bank must also complete a management review and develop a strategic plan to improve the bank’s earnings and budget for 2010.

Flying Squirrels are clear: ‘We want a new stadium’

The Flying Squirrels, Richmond’s new AA baseball team, is spending more than it initially planned on to renovate the Diamond, but ticket and merchandise sales have beat expectations. And at a local real estate meeting, the team’s management reiterates that they want to play in a new stadium within five years.

Flush with money to lend

A non-profit loan-facilitator is using stimulus money to provide loans for Richmond and Petersburg businesses.

Office Sense: Pods for lawyers?

Office Sense, our monthly video tour of some of the more impressive office space around town, is back for Season 2. This time we’re on the Southside in a renovated industrial building-turned-law firm.

Commercial broker flies solo

A Henrico-based commercial real estate firm is shedding its national brand and starting from scratch.

Pumped up for growth

A Virginia gas pump supplier is adding a Richmond office as part of an expansion plan after the company hired a Richmond investment bank to find investors.

Monday Q&A: A new lease on business

When a business says it’s looking to the General Assembly for potential business, that usually means a piece of legislation that could give an industry a boost. But Slayton Dabney caters to the legislators themselves, finding them furnished digs in downtown Richmond while the General Assembly is in session.

SBA lending rebounds

The SBA loan – a key source of funding for new businesses – is regaining popularity. That’s a good sign for entrepreneurs.