Search Results for: downtown

Media in decline, bahh

What was once a side business for a small website development firm has grown from a plucky aggregator to a network of news sites with more than 10 local advertisers. Pharr Out has hired a full-time ad sales person and owner Ross Catrow said it may even be time to add a full-time reporter.

New restaurant opens at West Broad Village

Pizza and pasta chain Ledo Pizza has opened the doors of their new West Broad Village location. The Adelphi, Maryland-based pizza parlor has been around since 1955 but is new to the Richmond market. While there’s no shortage of pizza joints in Short Pump, Ledo has something you won’t find anywhere else: rectangular pizzas. “People… Read more »

Richmond’s piece of the coming commercial real estate shakedown

Riverside on the James, Richmond’s FBI Headquarters on Parham, a former Circuit City headquarters building. All three are among the local properties that have large commercial mortgages coming due in the next two years. Between now and the end of 2010, there are 27 CMBS loans coming due in the Richmond metropolitan area with $178.2… Read more »

First Market Bank bought by Union Bankshares

Richmond-based First Market Bank was acquired by Union Bankshares Corp. in an all-stock deal valued at about $100 million. The new holding company will move its headquarters from Bowling Green to Richmond, although that will only bring a few jobs downtown.

Destroyed Innsbrook Office Building Being Rebuilt

An office building in the Innsbrook Corporate Center on the corner of Cox Road and Sadler Place is finally being rebuilt. A two alarm blaze destroyed the structure last July, which housed Allstate Insurance, a non-profit group called Richmond Hope Therapy, and several other small offices. The building suffered severe structural damage and had to… Read more »

NewsFeeds 3.23.09

nTraffic drives ads to a captive audience (Times-Dispatch) nTraffic drives clients’ ads to captive audience When Darick Lane lost his job as an installation manager for Circuit City in November, he wasn’t sure what to do next. Biz travel stigma hurts local hotels (Virginia Gazette) Bad corporate actors have stigmatized business travel to the point… Read more »

Informational event: Darden MBA for execuitves

Come and learn more about how you can earn an MBA from the Darden School of Business without interrupting your career. The University of Virginia’s MBA for Executives program will host a “Networking and Information Session” on Thursday, March 19th from 6:30-8:30pm at the Richmond Omni Hotel (downtown).

NewsFeeds 3.13.09

Toad’s Place owner discusses closing (Times-Dispatch) Charles Joyner said yesterday that his investment group, Turning Point Development, has no intention of being involved with the venue any longer. So the business will remain closed. Local man charged in Ponzi scheme (Daily Progress) Editor’s Pick: An Albemarle County man is facing civil and criminal charges in… Read more »

The lonesome Toad’s Place blues

Like the main character in a country music song, Toad’s Place just got the boot from its landlord. It’s not clear exactly how much back rent the Shockoe Slip venue owes, but it typically takes at least three or four months of missed rent before a commercial property owner evicts a tenant. Sources familiar with… Read more »

NewsFeeds 3.9.09

Father-son partners are the force behind Movieland cinema (Times-Dispatch) Some nice background about the developers: About five years ago, Charley and Ben Moss traveled from Atlanta to New York and stopped for an overnight rest at The Jefferson Hotel. “We were wowed by the history of this place,” said Ben Moss, who, like his father,… Read more »