News

Solar contractor expands his orbit

One of Richmond’s solar contractors has started a firm that he hopes can better compete for work across the Mid-Atlantic region, and another local builder is investing in the company.

Demand for construction begins to rebuild

Residential and commercial construction in Henrico and Chesterfield counties has rebounded from the nadir of 2009 but has not come close to regaining the steam of the go-go years, according to a BizSense analysis of building permit data.

Sign the deal, already

A distressed golf club in Hanover County will likely get a new owner, but the current owners and potential acquirers are having trouble coming to an initial offer. That “asset purchase agreement” will kick off an auction process, and the bankruptcy judge wants one today. Plus, RBS learns what developer Bob Atack may want with the property.

More interest in troubled golf course

A distressed golf club in Hanover County has suitors beyond the members who have offered to pay $2 million for the course – which cost closer to $8 million to build – including a local real estate developer.

VDOT to be audited

Gov. Bob McDonnell announces a series of private and public audits of the Virginia Department of Transportation aimed at improving performance and efficiency, and one local firm will handle some of the work.

Foreclosures 4.20.10

A $2 million house in a Matoaca subdivision is scheduled to be auctioned off.

Course glut is good for golfers

Private golf clubs across Richmond are rolling out the red carpet for new members, lowering or eliminating initiation fees and discounting food at the clubhouse. Plus, one of the only courses with caddies pays down its debt.

Monday Q&A: Surveying the economic landscape

“It is a boatload easier [to start a company] when your firm closes its office and still wants to work with you and when they terminate their contracts and tell the clients to work with us,” says a local engineer who started his own shop this month.