A nonprofit names a vice president, promotions at a construction firm and a chamber of commerce, plus new faces in law, real estate and more.
The Herd: New hires, promotions & departures for 12.21.21
Richmond
Site for twin-tower apartment project River’s Edge II back on market
“These guys are also reaching a point in their age where they looked around and said, ‘Maybe we should just sell the whole deal and let somebody else build it,’” said broker Bruce Milam.
Chipotle first tenant signed for new portion of Midlothian retail center
The Mexican restaurant chain plans to open in spring 2023 at the Kroger-anchored Ivymont Square shopping center.
The Agenda: Local government briefs for 12.20.21
Townhome developments are proposed in Chesterfield, the state offers to gift Lee Circle to the city, and zoning changes are OK’d for projects across the region.
Updated: CoStar to build city’s tallest building along Richmond riverfront
Dubbed by CEO Andy Florance as the company’s own “HQ2,” the project will span 750,000 square feet across two buildings. It hopes to break ground in late 2022.
Better Housing Coalition merging with regional nonprofit peer
They will create a regional housing giant with $135 million in total net assets and an initial footprint stretching from Richmond to Charlottesville and Hampton Roads.
Fast-growing Richmond staffing firm makes D.C. its next summit
Summit Human Capital, which topped this year’s RVA 25 list, expanded last month with a new office in the Washington, D.C. area.
Avail Vapor’s stores go up in smoke amid haze of FDA red tape
The Richmond-based vaping retailer, which had nearly 100 stores in a dozen states a year ago, has sold or shuttered all of its locations.
BizSense Rewind: Top 5 stories for 12.10-12.16
An eclectic list of stories this week, including tales of mac and cheese, CBD, a singing job applicant, beer, wine and Ross Perot Jr.
The Pipeline: Commercial real estate roundup for 12.17.21
The $16 million purchase of a shopping center in Chesterfield topped this week’s sales and 35,000 square feet in Hanover was the top lease.