News

Web 2.0 has some Richmond businesses in a Twitter

For all the talk about Web 2.0 “revolutionizing” business, professionals say the rules of blogging and Twitter are almost identical to those that apply to old-fashioned, face-to-face networking. In the first of a three-part series on how Richmond businesses use social networking, RBS takes a look at Twitter to find out what sort of businesses are using it and to what end.

Office Sense: The elements at Luck Stone’s HQ

If every building had a soundtrack, the 60,000-square-foot addition to Luck Stone’s headquarters in Goochland would be blasting the ’70s band Earth, Wind and Fire.

That’s because the expanded digs, designed by SMBW Architects, has levels that are – no joke – named Sky, Earth and Core. Charles Luck IV, takes BizSense on a tour of the new and improved headquarters.

Big winner had the smallest budget

State Sen. Creigh Deeds did not have to outspend his rivals to become the Democratic candidate to be Virginia’s next governor.

More residential units coming in Manchester

The almost century-old Acme Paper warehouse in Manchester is being converted into a $6.5 million, 70-unit complex called Perry Place Apartments. The historic renovation joins a growing list of redevelopment projects in the Southside neighborhood and is expected to be ready for residents by the end of summer.

Monday Q&A: Benedictine regroups

The incoming 80 freshman boys will be one of the largest classes in decades.
But in February, the school needed to borrow funds to make payroll. Then it borrowed $900,000 from a Catholic school organization. This week RBS chats with the new headmaster and his financial counsel.

Developer withdraws from Hanover project

A Washington developer has pulled out of its commitment to buy and develop 36 acres near Bass Pro Shops in Hanover County. So far, the boat and fishing store is the only structure. But outlet shopping is still on track.

Guest Opinion: The late-payer dilemma

Collecting accounts receivable is a challenge even when the economy is booming. Today, it has become a matter of survival for some businesses. The bankruptcies continue in Richmond, and will probably not slow for some time. In this week’s guest column, Stan Maupin explains the risks of extending terms.

The Pipeline: Commercial Real Estate Round Up for 6.12.09

GPM Investments, an operator of convenience stores on the East Coast, has leased 25,600 square feet at 8565 Magellen Parkway in Henrico. Precision Recycling leased 15,300 square feet at 13101 N. Enon Church Road in Chesterfield.

Legislators have their hands out

Richmond’s congressional delegation has submitted earmark requests for more than $105 million in federal funding for projects in the metro region for fiscal 2010. The projects run the gamut from local hospitals to economic development.