Several Richmond-area startups saw notable growth amid the usual hustle and bustle of company launches, pivots and capital raises in the local startup scene during 2023.
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With first local branch in the works, First National Bank eyes a second in Short Pump
As it awaits construction of its first Richmond-area branch near Willow Lawn, the $45 billion Pennsylvania-based bank has already scouted out a second location in the region.
Updated: Richmond-based education company Great Minds laying off dozens
The company, which keeps its Richmond headquarters is in a redeveloped building within the Sauer Center development, said the affected employees will be cut on Dec. 31.
Credit union giant Langley FCU expanding into Richmond market
The $5 billion institution and one of the largest credit unions in the state is entering the Richmond market for the first time with an outpost in Short Pump.
Igniting change: Petersburg’s flourishing development scene (Guest Commentary)
Petersburg is witnessing a rejuvenation set to reshape its destiny. This revitalization is being driven by an array of diverse development ventures that are poised to redefine the city’s economic, cultural and social dynamics.
Sauer Properties planning to add apartments to Midlothian shopping center
After losing the namesake retailer at one of its local shopping centers, is turning to residential redevelopment as a means to inject new life into the property.
More development planned around Hardywood on Ownby Lane
With hundreds of apartments already in the works in the vicinity, plans were filed with the city this week for a 314-unit apartment building that would rise at 1316 Ownby Lane.
Sauer planning 780-home mixed-use development near VCC
The project would span 93 acres south of Virginia Center Commons and also include industrial, office and retail space.
Big deals: Top 10 commercial real estate transactions for 2022
The 10 largest deals in the region had a combined price tag of $1.19 billion – $220 million more than the sum of the 10 biggest deals of 2021.
The Herd: New hires, promotions & departures for 11.1.22
A nonprofit names a chief operating officer, a hospital group announces a division president, plus new faces and promotions in law, real estate, finance and more. (BizSense Pro subscription required)