A recent zoning change is giving the Union Hill neighborhood, a breakaway section of Church Hill, a new lease on life by reducing bureaucracy and making it easier for businesses to comply with zoning regulations.
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Nonprofit’s $12 million Northside expansion
For the past decade, Greater Richmond ARC has been working on plans to move from their current address at Westwood Avenue and Lanvale Street, a retrofitted tractor-trailer repair facility. The organization provides support and job training for people with developmental disabilities.
Things looking bleak in Richmond district, Fed says
The big picture of the Richmond economy isn’t looking so hot, especially in retail and commercial real estate.
New retailer swoops in to fill Circuit City void
A major electronics retailer is opening multiple stores in Richmond, possibly taking over some locations left behind by Circuit City.
Electric bill lower, but hang on for more increases
The next time you get your power bill from Dominion, it might be a couple of bucks cheaper, but don’t get used to it.
NewsFeeds 6.24.09
Ad Man Packs Star Power for UPS (WSJ) Great story in the Journal about the Martin Agency’s guy from the UPS ads. Andy Azula is an advertising executive, not an actor, but his acting is what gets him recognized by strangers these days. He is the guy with the long, flowing hair who scribbles on… Read more »
Tougher runoff standards would slow growth
The state is seeking to reduce the amount of phosphorous runoff allowed by new developments, a measure that could limit the scope of new construction projects if it becomes law.
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.
Fed’s Lacker expects rebound by 2010
The Richmond Federal Reserve bank’s President says that the economy has hit bottom and will start bouncing back later this year. Jeffery Lacker told state legislators that he was starting to see improved consumer spending and that existing home sales might just have a pulse after all. From the AP story: “If the emerging stability… Read more »
Midlothian Turnpike businesses may see 2 cent hike in property tax rate
The Midlothian Initiative to Revitalize Rights of Way plans to ask the Chesterfield Board of Supervisors this fall to raise property tax rates on some businesses along Midlothian Turnpike to pay for $340,000 in landscaping.