News

Tech Review: this is a Wave you gotta catch

Google engineers have developed a program that will revolutionize a key part of every business: trying to get information from one person to another without botching the meaning or context like a game of telephone.

More Manchester mojo

New Manchester Flats is Fountainhead’s latest project, located at Gordon Avenue and East Seventh Street.

When finished, it will represent a $35 million investment and add about 175 residential units to the area. The development is partly financed by historical tax credits, as well as New Market tax credits (for development in low-income areas).

Monday Q&A: Frustration floods Shockoe

Sometimes good things don’t come to those who wait. David Napier, president of the Shockoe Bottom Neighborhood Association, and his fellow business merchants are questioning why Richmond will not be getting a baseball stadium and more than $300 million in development to potentially help rocket the area into a thriving hub of commerce.

New networking organization connects Short Pump businesses

When Stan Bohanon moved to Richmond from Williamsburg, there were plenty of networking groups to choose from all over town. But Bohanon had the vision of building a different kind of networking organization. He’s now the Founder and President of the recently-organized Glen Allen Business & Professional Association.

Snagajob follow-up

BizSense reported June 1 that Snagajob, one of the fastest growing companies in Richmond, had laid off 6 employees. Since that story ran, two sources familiar with the company said that two more have been let go for performance reasons, bringing the headcount is down to 120, or about 14 percent less than peak employment of 140 in December.

The Pipeline: Commercial Real Estate Round Up for 6.26.09

Dr. Laura Regan, doing business as James River Dermatology, purchased the 3,000 square feet office condo at 1316 Alverser Drive in Chesterfield from Village Bank for $575,000.Synergy Systems, Inc. leased 9,000 square feet at 4510 Cox Road in Henrico.

French bistro coming to the Slip

Dubbed Bouchon, the restaurant will dish up Provençal cuisine from chef Francis Devilliers. Bouchon, which is French for “traffic jam”, is being retrofitted at 1209 E. Cary St. in the space previously occupied by Pomegranate Euro Bistro. The owners, who met while on vacation in the Caribbean, hope to open at by the end of July for lunch and dinner Monday through Saturday.

ARC to the rescue? Probably not

Several small business owners have contacted BizSense and said all the local banks they called were either not interested in the ARC program, or still trying to figure out how it works. Local bankers say the loans don’t offer enough payoff for the effort.

Wrecking ball takes aim at former hotel

One of Richmond’s first modernist hotels might soon be demolished to make way for a mixed-use center, including residences for adults with developmental disabilities.

Carytown after hours

Carytown merchants have organized their version of the First Fridays Art Walk, which brings an after-work crowd to downtown Broad Street.