1721 replies to this topic

[RVA-Is-The-Best]

Of course it wouldn't take a detective to find that RVA's economy isn't all dependent on the government. The Fourtune 500, retail, tourism, all these have a much underestimated part of RVA'S economy. It is sad when a city has been bestowed such a position as "Least Dynamic", especially when that city promotes creativity and innovtation!!

[Oaktowntwinz]

I'm  not  an economist so  I won't embarass myself  by interpreting this  article.  However, I don't think this is as bad as you guys think.  I was surprised to see the Richmond metro included in this group of  cities because Brookings surveyed the 200  largest metros in the WORLD.  Richmond wasn't the lowest, that  would  be Athens.  Richmond was tenth from the bottom but in good company, such  as Barcelona and Madrid.  They aren't saying Richmond isn't a  dynamic city, they  are saying  that Richmond's  economy hasn't  been on par with Shanghai which  was #1.  Being included  in  this  survey tells me Richmond's status  in  the  world  is actually growing.   The  glass is not half empty!!!

[burt]

MAURY PLACE AT MONUMENT is on Trip Advisor's list of Top 25 Bed and Breakfast Inns in The United States.

The B&B (in two buildings) actually fronts West Franklin Street where it splits from Monument Avenue at the Maury monument west of the Boulevard.

Here's is their website:

http://www.mauryplace.com/

[burt]

Capital One's acquisition of ING GROEP NV, which was approved yesterday by The Fed Reserve, has to be good news for Richmond in one way or another.  It will be the nation's 5th largest bank in deposits.  Thousands of new workers will be hired.

I suspect the bank headquarters will be in McLean, but it's not unreasonable to imagine a healthy spill-over in Metro Richmond.

From today's RTD:

http://www2.timesdis...cha-ar-1689391/

[RVA-Is-The-Best]

burt, on 15 February 2012 - 10:55 AM, said:

Capital One's acquisition of ING GROEP NV, which was approved yesterday by The Fed Reserve, has to be good news for Richmond in one way or another.  It will be the nation's 5th largest bank in deposits.  Thousands of new workers will be hired.

I suspect the bank headquarters will be in McLean, but it's not unreasonable to imagine a healthy spill-over in Metro Richmond.

From today's RTD:

http://www2.timesdis...cha-ar-1689391/

I still don't understand why Cap. One's HQ is in McLean, someone told me at work that the campus we worked on (the West Creek campus) was where the majority of the company's operations are handled. Almost as if McLean's office is just a secondary sideline... they should just settle and say RVA is the HQ.... but of course it's just my fantasizing that will only keep the dream alive

[burt]

Grubb & Ellis files for Chapter 11 bankruptcy.

How will that affect the Richmond commercial real estate market?

From today's Richmond biz sense:

http://www.richmondb...-11-bankruptcy/

[wrldcoupe4]

Harrison & Bates is a locally owned affiliate of Grubb & Ellis. They could always change affiliation if things continue to deteriorate at Grubb. H&B is a 3rd party firm, so they don't have real estate holdings. Thus, it shouldn't have much of an impact on the local CRE market.

Edited by wrldcoupe4, 23 February 2012 - 12:52 PM.

[RVA-Is-The-Best]

Fountainhead is at it again

Now being restored: the two Miller Manufacturing buildings. It will cost about $20 million. It will include media centers, a pool, a gym, and of course, residences.

http://www.richmondb...ion-two-rehabs/

[RVA-Is-The-Best]

Tumblr is reporting success in it's secondhand location in Manchester across the river from downtown

http://www2.timesdis...-a--ar-1717866/

The staff is super efficient, productive, but most of all, creative (hint, hint )

It is the only office outside of it's NYC headquarters, which obviously means we're doing SOMETHING right

[Downtowner]

New from todays RTD about the port of richmond. It seems like it is taking a second stint at business again. My aunts company ships all of her products that she manufactures out of the port of Richmond and sends it to Italy and Taiwan from chesterfield county

http://www2.timesdis...ons-ar-1739754/

[burt]

Centerpointe in Prince George County is 29 miles south of Richmond just off of I-295 and close to Ft. Lee and the Tri-Cities of Petersburg, Hopewell and Colonial Heights.

Rolls-Royce has an operation there with about 150 employees and is now discussing an expansion that would bring in another 140 high-paid workers.

From today's RTD:

http://www2.timesdis...-mc-ar-1744296/

[burt]

burt, on 06 March 2012 - 12:56 PM, said:

Centerpointe in Prince George County is 29 miles south of Richmond just off of I-295 and close to Ft. Lee and the Tri-Cities of Petersburg, Hopewell and Colonial Heights.

Rolls-Royce has an operation there with about 150 employees and is now discussing an expansion that would bring in another 140 high-paid workers.

From today's RTD:

http://www2.timesdis...-mc-ar-1744296/

The expansion at the Centerpointe Rolls-Royce plant in Prince George County will get a boost when President Obama visits the site on Friday to speak about the economy.  Governor Bob McConnell will also be present.

The company's decision to locate in Virginia wa made in 2007 during the administration of GovernorTim Kaine.

From today's RTD:

http://www2.timesdis...s-y-ar-1745772/

[burt]

Dover Hall in the horse country of Goochland County is on sale for half its originally posted price.

From today's Richmond Biz Sense:

http://www.richmondb...fit-for-a-king/

[burt]

Revised data shows that regional employment grew 1.6% in the year ending last December for an addition of nearly 10,000 jobs.

Previously, estimates put employment growth at 0,4% during the same period for a total gain of 2,580.

Employment in the Richmond Metro area is still 17,000 jobs below peak in July 2007.

From Christine Chmura in today's RTD:

http://www2.timesdis...gur-ar-1810889/

[burt]

Amazon is about to begin hiring for administrative and managerial positions at its two Metro Richmond sites that are under construction.

From breaking news at today's RTD:

http://www2.timesdis...oca-ar-1848596/

[burt]

The Greater Richmond Association for Commercial Real Estate gave its top award to The John Marshall Residences for project of the year.

Runners-up included three Shockoe Bottom buildings:  Harvester Apartments; Hodges Partnership, and Southland Wine Lofts.  Does anyone know anything about the Bottom projects, including their locations?

From today's RTD:

http://www2.timesdis...-th-ar-1849878/

[burt]

The top 50 employers in the Richmond area are announced in today's RTD:

http://www2.timesdis...ers-ar-1860931/

[burt]

Sauer Properties has bought the old Stephen Putney Shoe factory at 2220 West Broad Street in Midtown.

Sauer's is the maker of vanilla and spices centered around Meadow and Broad Streets.

From today's Richmond Biz Sense:

http://www.richmondb...ans-old-office/

[RVA-Is-The-Best]

The famous Wyeth building off of 95 has switched ownership..... again.

The Rebkee Company, based in Midlothian, has handed it over to MICHAEL AND SON, an A/C manufacturing company based in Alexandria.

The owners are excited to have obtained such an (in)famous building, and right now he says he is willling to keep up the marquee letters on the side of the building.

Read about it in today's BizSense:

http://www.richmondb...ant-sold-again/

Note: Michael & Sons, while based in Alexandria, also has an office in Midlothian.

[RVA-Is-The-Best]

General Electric (GE) has just signed about 30,000 square feet of space in Innsbrook

The Pipeline speaks the truth:

http://www.richmondb...up-for-5-18-12/

Also, on the topic of Innsbrook, anyone happen to know the occupancy rate/ Last time I had checked, I believe that it was like 90 percent or something good like that.