News

What would you do with $1,000?

Guess how every single kid under 5 would choose to use a thousand bucks. Yup, they would spend it. On candy and toys, most likely, although a recently survey by the Junior Achievement of Central Virginia – an organization dedicated to educating young people about the workforce, entrepreneurship and financial literacy – didn’t go into quite that much detail.

And the award for best commercial real estate project goes to

The commercial real estate market has slowed down over the last couple of years, but that didn’t stop hundred of professionals from gathering last night to celebrate the best new projects in the Richmond at the annual GRACRE awards.

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.