The vacancy rate for apartment units in Metro Richmond in the first quarter of 2010 was the highest it has been in five years, reports the real estate research firm Reis Inc.
A Church hill home near Chimborazo plus a Chesterfield house assessed at more than $500,000 make the list this week.
A Richmond entrepreneur has a way for that glass bottle you’re about to throw out to find new life as an industrial tool.
In March one of Richmond’s biggest pet industry players sold her decades-old company to a bigger firm. The financial structure was straight-forward enough, but what made the deal unusual was that the two companies sell very different sort of products and have a different theory on how to train dogs.
This week overzealous debt collectors get hit with complaints, while a host of businesses try to collect past-due bills and a dance instructor upsets her former studio by trying to divert young dancers to another studio.
The hotly debated healthcare reform bill signed into law in March has killed a local insurance company, and one that had raised more than $10 million from mostly local investors.
Leaders of the Chesterfield County government who want a proposed mega sports complex to proceed quickly are about to plunk down $4.3 million for a lease on artificial turf fields, community center and a basketball court. And that’s led to a growing chorus of questions about why the municipality is helping to fund a private sports complex, and why there seems to be such a rush to fork over funds when the project previously said it has a deep bench of investors.
Advertising firm Madison+Main leased 3,861 square feet in Exchange Place at 1313 E. Main Street in Richmond while Staples, Inc. leased 9,867 square feet in Henrico.
Corporate wellness doesn’t mean implementing expensive health programs, but it does mean creating an environment where the individuals that do stay physically active and healthy are celebrated and rewarded for their positive behavior. This week Jon Lugbill, the director of the Sports Backers, explains how his organization has found a niche and what that may mean for business owners.
A longtime local real estate developer is dealing with the boom-bust hangover, battling with former investors and banks and stepping down temporarily as chairman of a real estate development that bears his name.