RiverYuppy 449 Report post Posted August 23, 2019 22 minutes ago, Hike said: we looked at part of the project in February/March and at the time, which looks like the image here, it was a Cambria Hotel - the link is here for the hotel brand. https://www.choicehotels.com/cambria Nice! I figured there wasn't one considering the sign on the building just says "HOTEL." It would be great for Petersburg if they follow through. Quote Share this post Link to post Share on other sites
RiverYuppy 449 Report post Posted August 27, 2019 (edited) Henrico-based Altria is in talks with Philip Morris International on possible 'merger of equals' The newly formed company would have a combined market cap of over $200 billion dollars. For reference, Dominion's market cap is currently $63 billion. I would love to see moving the HQ of the new combined company into a new tower downtown! Edited August 27, 2019 by RiverYuppy 2 Quote Share this post Link to post Share on other sites
RVA-Is-The-Best 780 Report post Posted August 27, 2019 23 minutes ago, RiverYuppy said: Henrico-based Altria is in talks with Philip Morris International on possible 'merger of equals' The newly formed company would have a combined market cap of over $200 billion dollars. For reference, Dominion's market cap is currently $63 billion. I would love to see moving the HQ of the new combined company into a new tower downtown! I'm pretty sure PMI is HQed in NYC. So most likely Altria will be absorbed as it is the smaller company and the HQ will be kept in NYC, unfortunately Quote Share this post Link to post Share on other sites
RiverYuppy 449 Report post Posted August 27, 2019 34 minutes ago, RVA-Is-The-Best said: I'm pretty sure PMI is HQed in NYC. So most likely Altria will be absorbed as it is the smaller company and the HQ will be kept in NYC, unfortunately PMI is actually headquartered in Switzerland. They're just incorporated in NYC. Also Altria was originally HQed in NYC and moved to RVA. 2 Quote Share this post Link to post Share on other sites
eandslee 2164 Report post Posted August 27, 2019 1 hour ago, RiverYuppy said: Henrico-based Altria is in talks with Philip Morris International on possible 'merger of equals' The newly formed company would have a combined market cap of over $200 billion dollars. For reference, Dominion's market cap is currently $63 billion. I would love to see moving the HQ of the new combined company into a new tower downtown! Love where you’re going with this!! Would be a nice dream come true!! Quote Share this post Link to post Share on other sites
wrldcoupe4 1300 Report post Posted August 27, 2019 1 hour ago, RiverYuppy said: Henrico-based Altria is in talks with Philip Morris International on possible 'merger of equals' The newly formed company would have a combined market cap of over $200 billion dollars. For reference, Dominion's market cap is currently $63 billion. I would love to see moving the HQ of the new combined company into a new tower downtown! Altria is currently expanding its HQ. No chance they go downtown. 1 Quote Share this post Link to post Share on other sites
jbjust 295 Report post Posted August 27, 2019 44 minutes ago, wrldcoupe4 said: Altria is currently expanding its HQ. No chance they go downtown. They're a multi-billion dollar company, not a young couple who just renovated their kitchen. 2 Quote Share this post Link to post Share on other sites
wrldcoupe4 1300 Report post Posted August 27, 2019 (edited) That's true, but I just don't see it happening. They are clearly executing on a vision. First acquiring their campus from UofR and then commencing a major expansion, renovation, and structured parking and consolidating staff to this location. As an executive, it would surely be fun to explain to your shareholders why you just spent so much capital on such an effort, only to spend even more capital on doing the same thing all over again in a different place that just added a cigarette tax. It happens, I'm just saying I wouldn't stay up hoping Santa brought this present to on Christmas. Edited August 27, 2019 by wrldcoupe4 1 Quote Share this post Link to post Share on other sites
jbjust 295 Report post Posted August 28, 2019 14 hours ago, wrldcoupe4 said: That's true, but I just don't see it happening. They are clearly executing on a vision. First acquiring their campus from UofR and then commencing a major expansion, renovation, and structured parking and consolidating staff to this location. As an executive, it would surely be fun to explain to your shareholders why you just spent so much capital on such an effort, only to spend even more capital on doing the same thing all over again in a different place that just added a cigarette tax. It happens, I'm just saying I wouldn't stay up hoping Santa brought this present to on Christmas. They could find a developer to build the building and just charge them rent, even as the sole tenant. Could end up cash-flow positive short term. Quote Share this post Link to post Share on other sites
wrldcoupe4 1300 Report post Posted September 25, 2019 front page is blank but I can read the articles via the daily email. 1 Quote Share this post Link to post Share on other sites
wrldcoupe4 1300 Report post Posted September 25, 2019 On 8/27/2019 at 12:06 PM, RiverYuppy said: Henrico-based Altria is in talks with Philip Morris International on possible 'merger of equals' The newly formed company would have a combined market cap of over $200 billion dollars. For reference, Dominion's market cap is currently $63 billion. I would love to see moving the HQ of the new combined company into a new tower downtown! And the talks are off. https://www.richmond.com/business/altria-group-and-philip-morris-international-end-merger-talks/article_019c36c9-f550-5217-b855-94232373283c.html Quote Share this post Link to post Share on other sites
Icetera 926 Report post Posted September 25, 2019 2 hours ago, Hike said: Does anyone else have issues with Richmond Bizsense today, site not opening this morning? Yesterday I had a permission request from Bizsense to allow notifications, said yes stupidly, then adds in Chinese were showing up, today I changed it to no notifications and now no access to the website. Asked my wife is she could get on the website, different computer and she has no access either so wonder what others may see. Has been fine for me from around 08:30 to now. I have not tried mobile, though. Quote Share this post Link to post Share on other sites
Icetera 926 Report post Posted September 25, 2019 1 hour ago, Hike said: "Juul Labs Inc. CEO Kevin Burns has stepped down from the vaping manufacturer" The fact that his name is Mr. Burns puts this in a whole new light... 2 Quote Share this post Link to post Share on other sites
wrldcoupe4 1300 Report post Posted September 25, 2019 Altria’s stock value is down about $30B since April, coinciding with a lot of the e-cig concerns. Quote Share this post Link to post Share on other sites
RiverYuppy 449 Report post Posted October 16, 2019 I got an email with some cool links with draft info for RVA 300. A draft of future land use. A draft of future transportation map. There is also a survey you can take if you're interested. 3 Quote Share this post Link to post Share on other sites
Shakman 358 Report post Posted October 16, 2019 I would like to see better streetscape: Decorative and consistent looking LED street lights, properly paved sidewalks without tree roots protruding through, decorative crosswalks, buried utilities, maintained trees and shrubs, overall better maintenance of infrastructure. 2 Quote Share this post Link to post Share on other sites
eandslee 2164 Report post Posted October 18, 2019 5 hours ago, Hike said: Similar to our new rule, that all projects will now include a tower crane, the other new mandatory requirement is that all projects must now have a webcam. True story!!! Ha ha 1 Quote Share this post Link to post Share on other sites
RiverYuppy 449 Report post Posted October 20, 2019 (edited) On 10/18/2019 at 1:48 PM, Hike said: Similar to our new rule, that all projects will now include a tower crane, the other new mandatory requirement is that all projects must now have a webcam. Hear, Hear! Failure to adhere to any of these requirements will result in the penalty of no less than one additional story added to the project. Edited October 20, 2019 by RiverYuppy 2 2 Quote Share this post Link to post Share on other sites
RiverYuppy 449 Report post Posted October 23, 2019 Bank grabs more space in James Center. Not exactly big news, but it's good to see a continual consolidation of employment downtown. Last year we saw a ton of companies move from Chesterfield to Scotts Addition. Also Carmax is planning on expanding its footprint in the city. I hope we see this trend continue. It's these types of moves that create demand for more towers downtown. 3 Quote Share this post Link to post Share on other sites
Henrico Weather 160 Report post Posted October 29, 2019 Went to Winston-Salem last week, and found I am extremely jealous of their Wells Fargo Center building. I wish we had something that distinctive on our skyline. The way it was lit at night made it look even more striking. Sure beats boxes. https://www.tradeandindustrydev.com/region/north-carolina/winston-salem-forsyth-county-11283 Compare: Wells Fargo Center 34 floors, 460 feet James Monroe Bldg 29 floors, 449 feet New Dominion Tower 20 floors, 417 feet Federal Reserve 26 floors, 394 feet Winston-Salem center city population is just a little larger than Richmond's (244,605 vs 227,032), but Richmond's metro population is much larger (1,263,617 vs 676,673). Seems like we should be able to support something bigger than Winston-Salem. But, I know, preaching to the choir..... Quote Share this post Link to post Share on other sites
benstyree 81 Report post Posted October 29, 2019 (edited) 38 minutes ago, Henrico Weather said: Went to Winston-Salem last week, and found I am extremely jealous of their Wells Fargo Center building. I wish we had something that distinctive on our skyline. The way it was lit at night made it look even more striking. Sure beats boxes. https://www.tradeandindustrydev.com/region/north-carolina/winston-salem-forsyth-county-11283 Compare: Wells Fargo Center 34 floors, 460 feet James Monroe Bldg 29 floors, 449 feet New Dominion Tower 20 floors, 417 feet Federal Reserve 26 floors, 394 feet Winston-Salem center city population is just a little larger than Richmond's (244,605 vs 227,032), but Richmond's metro population is much larger (1,263,617 vs 676,673). Seems like we should be able to support something bigger than Winston-Salem. But, I know, preaching to the choir..... I went to school in Winston-Salem for a few years and I recall most locals having a less complimentary name for that building... Edited October 29, 2019 by benstyree 1 Quote Share this post Link to post Share on other sites
Henrico Weather 160 Report post Posted October 29, 2019 42 minutes ago, benstyree said: I went to school in Winston-Salem for a few years and I recall most locals having a less complimentary name for that building... Ha! I don't have to use too much imagination to guess what they called it! Quote Share this post Link to post Share on other sites
jtmonk 1053 Report post Posted October 29, 2019 I do love that building, I pass by it everyday heading to work. With that said, Richmond has some killer density and neighborhoods that I would gladly give that building up for. Love both cities, both have great qualities. Enjoy seeing everything you guys have going on in your city, continue the good work! 3 Quote Share this post Link to post Share on other sites
Henrico Weather 160 Report post Posted November 4, 2019 (edited) Arby's closing their location in Three James Center due to remodeling of the atrium area. Just a chain, but having worked down in that part of town, it was always good to have this option if you needed something quick and reasonably tasteful. For the number of folks that work in that area, there are very few options for a quick lunch. https://wtvr.com/2019/11/04/james-center-arbys-bizsense/ Edited November 4, 2019 by Henrico Weather Quote Share this post Link to post Share on other sites
Brent114 1050 Report post Posted November 4, 2019 I’m sad to see this go. I always enjoyed eating lunch there. There really aren’t many options other than food carts for a quick lunch (majority of downtown workers aren’t executives with an hour lunch and French bistro budget). I personally have zero interest in eating at an upscale restaurant inside the James Center. Fast food (and at most fast casual) makes more sense to me. Hope it works out. I was in the James Center a few days ago. It’s pretty bleak. 1 Quote Share this post Link to post Share on other sites
