• Startup Recap for 2024: Food businesses flourished, others raised more than $25M from investors

    Startup Recap for 2024: Food businesses flourished, others raised more than $25M from investors,Jack Jacobs

    Local bakery Sugar Magnolia launched Brownie Bark, a gluten-free chocolate snack, in 2024. The company was one of several food businesses to make moves during the year. (BizSense file photos)Amid the local startups that launched or introduced new products in 2024 were a cohort of budding food busine

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  • The Docket: Local court roundup for 12.26.24

    The Docket: Local court roundup for 12.26.24,Richmond BizSense

    Chesterfield Circuit CourtKapitus Servicing, Inc. v. LED Innovations Inc. d/b/a LED Innovations/See Displays; and Craig SchreiberPlaintiff says the Las Vegas business is in default of a forward purchase agreement and seeks judgment in the principal amount of $137,162.Attorneys: Nhon H. Nguyen of Ngu

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  • Fore! Local golf news recap for 2024

    Fore! Local golf news recap for 2024,Michael Schwartz

    The Dominion Energy Charity Classic has been sponsored by Dominion and hosted at Country Club of Virginia since its inception eight years ago.By far the biggest story of the year in the local golf scene was the behind-the-scenes efforts to try to keep Richmond’s biggest golf tournament from leaving

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  • Order Up: Richmond restaurant roundup for 2024

    Order Up: Richmond restaurant roundup for 2024,Mike Platania

    Trouvaille co-owner Joe Kmetz in his new Fan restaurant. (BizSense file photos)Another year in the books means plenty of local restaurant news to recount.We’ll start in the city of Richmond, where two acclaimed restaurants went under new ownership during 2024. Can Can Brasserie in Carytown was taken

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  • Trading Day: Local SEC filings for 12.26.24

    Trading Day: Local SEC filings for 12.26.24,Richmond BizSense

    Apple Hospitality REIT (APLE)The hotel-focused real estate investment trust added a new investor presentation to its website, which can be viewed here.Dominion (D)The power utility announced in early December that COO and executive vice president Diane Leopold intends to retire June 1, 2025, and wou

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  • The Herd: New hires, promotions & departures for 12.24.24

    The Herd: New hires, promotions & departures for 12.24.24,Richmond BizSense

    Timothy Richard joined ThompsonMcMullan as an associate, litigation and appeals.Kimberly Peterson joined United Real Estate Richmond as a Realtor.Adam P. Holbrook, with Cushman & Wakefield | Thalhimer’s Commercial Property Services group, is 2025 president of the Institute of Real Estate Management

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  • Booze News: 2024 was a year of ups and downs for local brewery industry

    Booze News: 2024 was a year of ups and downs for local brewery industry,Mike Platania

    Steam Bell Beer Works in Chesterfield was one of the largest local breweries to close in 2024. (BizSense file photos)The most recent data from the Brewers Association, a craft beer industry trade group, showed sales were down over 5% nationally in 2023. That trend, which came after more than a decad

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  • Retail Roundup for 2024: Expansions, pivots, relocations and a changing of the guard

    Retail Roundup for 2024: Expansions, pivots, relocations and a changing of the guard,Jack Jacobs

    TJ Leonard, left, and Tom Leonard of Tom Leonard’s Farmer’s Market. (BizSense file photos)Some of Richmond’s longer tenured retailers passed the torch to new leaders during 2024, while others used the past 12 months to focus on other lines of business. Meanwhile, some up-and-coming brands expanded t

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  • Scott’s Addition development heated back up in 2024 – and looks to stay hot next year

    Scott’s Addition development heated back up in 2024 – and looks to stay hot next year,Mike Platania

    The Ace rose eight stories along Arthur Ashe Boulevard in 2024. (Mike Platania photos)Cranes and construction sites abound in and around Scott’s Addition, as development in the neighborhood picked up renewed steam in 2024 and has plenty going for it into the new year.The epicenter of the action has

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  • Richmonder of the Year 2024

    Richmonder of the Year 2024,Rich Griset

    From saving The Valentine to furthering conversations about the legacy of the Lost Cause, Bill Martin is fostering a dialogue for a better tomorrow. The post Richmonder of the Year 2024 appeared first on Style Weekly.

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  • Downtime: The SCC’s secret Santa

    Downtime: The SCC’s secret Santa,Jonathan Spiers

    Santa Hank with a first-time visitor. (Photos courtesy Hank Hartz)For 40 years as a baseball umpire, Hank Hartz was perhaps the least loved on the field.Coaches and parents would take issue with his calls, and as he put it, on every call he made: “You’re 50% right 100% of the time.”When the pandemic

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  • Ukrop’s wrapping up upgrade project at Market Hall

    Ukrop’s wrapping up upgrade project at Market Hall,Jack Jacobs

    The Ukrop’s Market Hall has tweaked its sales floor and expanded its loading dock as part of an improvements project that’s nearly completed. (Jack Jacobs photos)Entering its fifth year in business, Ukrop’s Market Hall is closing out 2024 with a round of upgrades intended to improve its operations.T

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  • Brave Captain, the new restaurant in part of old Mojo’s building, sets sail on Cary

    Brave Captain, the new restaurant in part of old Mojo’s building, sets sail on Cary,Mike Platania

    Brave Captain is the latest concept from the owners of Cobra Cabana. (Mike Platania photos)Another new restaurant has set sail in the old Mojo’s Philadeli building. Brave Captain opened last week in part of Mojo’s former building at 729 W. Cary St. near VCU.Behind the nautical-themed restaurant are

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  • Foreclosures: 12.23.24

    Foreclosures: 12.23.24,Richmond BizSense

    ZipAddressAmountAuction DateAuction TimeTrusteeChesterfield Circuit Court, 9500 Courthouse Road231131709 Headwaters Road$166,9201/16/20251:00 PMProfessional Foreclosure Corp of VA2383813454 Carters Creek Court$341,6001/2/202510:00 AMCommonwealth TrusteesHanover Circuit Court, 7530 County Complex Roa

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  • Tobacco Row apartments sell for more than $100M in city’s biggest CRE deal of the year

    Tobacco Row apartments sell for more than $100M in city’s biggest CRE deal of the year,Mike Platania

    The assemblage spans about 12 acres in Shockoe Bottom. (Courtesy Berkadia)The biggest real estate deal in the city limits this year came with just days left on the calendar as a major Shockoe Bottom apartment complex changed hands.The River Lofts at Tobacco Row sold earlier this month to West Shore,

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  • Project Snapshot: New CarMax Park stadium starting to take shape

    Project Snapshot: New CarMax Park stadium starting to take shape,Jonathan Spiers

    About five months into the long-awaited project, construction for the new CarMax Park baseball stadium is in full swing and on track for its targeted opening in 2026.Crews with contractor Gilbane Building Co. gave a tour of the construction site Thursday morning to Richmond Mayor Levar Stoney and ot

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  • ‘Amusement portraiture’ coffee shop now open near Rockwood Park

    ‘Amusement portraiture’ coffee shop now open near Rockwood Park,Jack Jacobs

    Alex Lowe and Dave Dobbins of Mugshot Coffee. (Jack Jacobs photo)A coffee shop that wants to set itself apart from competitors with souvenir photos is up and running in Chesterfield.Mugshot Coffee opened this week at 3505 Courthouse Road, near Rockwood Park.With plans for a portrait-taking station a

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  • The Pipeline: Commercial real estate roundup for 12.20.24

    The Pipeline: Commercial real estate roundup for 12.20.24,Richmond BizSense

    TOP THREE SALES#1 Shenandoah Station Investors purchased 172 units at 19330 Belleau Wood Drive in King William for $25 million. Ryan Rilee and Tom Rosman with One South Commercial represented the seller.#2 Spring Run Apartments purchased 13.7 acres at 7251 Spring Run Road in Chesterfield for $2.5 mi

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  • The DeedBook: Local property transfers for 12.20.24

    The DeedBook:  Local property transfers for 12.20.24,Richmond BizSense

    AddressSale DateSellerBuyerSale AmountChesterfield2061 Huguenot Road12/10/2024Prevent Blindness Va Real Est\Midlothian Venture$2,650,00013818, 13820 Midlothian Tpke12/10/2024Grimes Charles Trust13818 & 13820 Midlothian LP$765,00013939 Hull Street Road12/9/2024Ye Olde Car Wash LLCSREHMAN LLC$1,015,00

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  • ‘I feel at peace with the work that we’ve done’ – Mayor Levar Stoney bids farewell

    ‘I feel at peace with the work that we’ve done’ – Mayor Levar Stoney bids farewell,Jonathan Spiers

    Mayor Levar Stoney wields the scissors at the ribbon-cutting for AvePoint’s Riverfront Plaza office in 2017. (BizSense file photos)When a younger Levar Stoney ran for mayor eight years ago, the Hampton Roads native and former secretary of the commonwealth under then-Gov. Terry McAuliffe was one of e

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