The deal combines two companies with a lot in common: both sell used cars, both have had huge losses in the last year and just replaced their CEOs, and both have lagging stock prices.
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Local breweries win 18 medals at state craft beer awards program
Newcomers like Crazy Rooster Brewing Co., Dancing Kilt Brewery and Three Leg Run each took home their first medals.
Cidery ponders its future after listing its Scott’s Addition real estate for $3M
“I’m hoping to find a buyer who’ll love and appreciate it as much as I do,” said Blue Bee Cider owner Courtney Mailey. “Once the building finds the right owner, we’ll start to think about the cidery.”
The Agenda: Local government briefs for 8.1.22
Hanover acquires a site for a new fire station, Chesterfield names a new general registrar and accounting director, and a longtime deputy is named Richmond’s city attorney.
BizSense Development Tracker: Interactive project maps
New real estate developments abound in the Richmond area. So much so that it’s become difficult to keep track. BizSense hopes to help with our new Development Tracker. This collection of interactive maps will follow the progress of major real estate developments across the region from the planning stage to completion. We’ll be constantly updating… Read more »
The Agenda: Local government briefs for 7.25.22
The City Council gets an update on the Diamond District redevelopment project, a 1,400-acre solar facility is up for a vote in Chesterfield, and Henrico details projects in its $511 million bond referendum this fall.
Thalhimer sells Hull Street property to local investor group for $7M
The Motorworks at City View apartment building was originally redeveloped by Genesis Properties, which sold it to Thalhimer in 2019 for $4.3 million.
BizSense Rewind: Top 5 stories for 7.15.-7.21
In case you missed it, a busy news week brought us stories of Manchester’s tallest building, the mess left in the wake of a nonprofit’s sudden closure, a code-named project in Goochland and a new Chick-fil-A in store for downtown.
The Agenda: Local government briefs for 7.18.22
The Richmond Planning Commission looks at rezoning for the City Center area plan, an industrial rezoning request in Varina is withdrawn, and a Sheetz is planned near a Chesterfield shopping center.
Moonshine maker pouring fresh investment into online expansion and tasting room
The Manchester-based distillery is in the midst of a $3 million capital raise to make a bigger push into direct-to-consumer sales.