Roanoke, VA Business

Virginia Business

Roanoke apartments sell for $14.6M

Gramercy Row Apartment Residences has a new owner. Tazewell Development LLC sold the 82-unit apartment community with ground floor commercial space in downtown Roanoke to a private investor group for $14.6 million on Sept. 22, according to Cushman & Wakefield | Thalhimer. The apartments, built in 2017, are located at...
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Virginia Western Community College helps Steel Dynamics invest in employees’ development

When Regina Cook, Administrative Officer for Training Solutions for the School of Career and Corporate Training at Virginia Western Community College, met with Steel Dynamics regarding Mechatronics courses, she didn’t realize the educational partnership would balloon into a program that serves as a model for other companies in the Roanoke Valley region.
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Virginia Business

Roanoke Days Inn sells for $3M

A Roanoke Days Inn has a new owner. Saul Urban LLC purchased the 165-room hotel, located at 601 Orange Ave., from Shri Sainath Enterprises LLC for $3 million, according to Colliers. The new owner is planning a comprehensive renovation of the property and is exploring alternative uses. Prashant Merchant and...

AEP preparing as hurricane Ian approaches our hometowns

ROANOKE, Va. (WDBJ) - Anytime Appalachian Power hears the word storm, it starts preparing for the worst-case scenario. AEP has its employees on standby as they prepare for the heavy rains expected to hit our hometowns. If you experience a power outage, AEP spokesperson George Porter says you should check...

Tazewell sells Virginia Apartment Building for $15M

The community is located in the center of downtown Roanoke. Tazewell Development has completed the $14.6 million sale of Gramercy Row Apartment Residences, an 82-unit mixed-use apartment community located at 206 Williamson Road SE in Roanoke, Va. Cushman & Wakefield’s Roanoke-based Thalmier Capital Markets Group represented Tazewell in the transaction. The property was acquired by a private investor.

Rain from Ian leads to power outages in Roanoke and New River Valleys

(update from ApCo 10:05) At the moment, we have 26,000 customers without power across our Virginia service territory. Of that number, about 2,500 are in Roanoke City and Roanoke County. A news release with updated numbers and info will be issued later this morning. (previously) several thousand Appalachian Power customers...

Farmers rush to get ahead of expected impacts from Hurricane Ian

ROANOKE, Va. (WDBJ) - Jeter Farm has been working day and night since last Sunday trying to get ahead of Hurricane Ian. The farm has a long day ahead, with a big to-do list. With harvest season in full swing. Jeter Farms co-owner Ned Jeter II says they have been waiting for the land to dry up from previous storms in the area.

Power restored to most customers in Christiansburg

CHRISTIANSBURG, Va. (WDBJ) - UPDATE: Power has been restored to most customers in Christiansburg. No cause has been determined, but AP says the outage was not weather-related. EARLIER STORY: More than 2,700 customers are without power in Christiansburg as of Thursday morning. Montgomery County Public Schools says Auburn Elementary School,...

Empty land near Bedford Elks Home could become community-living development

BEDFORD, Va. (WSET) — A Roanoke-based developer is interested in building a new community-living complex on the land near Elk's Home on Ashland Avenue in Bedford. It would include duplex patio homes, two-story and one-story townhomes, and apartment buildings. Dale Wilkinson, co-owner of Seminole Properties, is the developer interested...

Munters opens new facility in Daleville

DALEVILLE, Va. (WDBJ) - More manufacturing jobs are coming to Botetourt County. Munters officially opened a brand new $36 million state-of-the-art facility Wednesday and is looking to add 160 positions. In this new facility, employees will build data center cooling equipment. “Everything’s connected to the cloud nowadays and everything we...
Franklin News Post

Rocky Mount home listings for people who need a lot of living space

Browse Rocky Mount homes over 4,000 square feet in size. Beautiful Spacious Custom Built Ranch Style Home with 276.35ac located in Henry County, Virginia (6861 Chatham Rd, Martinsville, VA 24112). Approximately 4,067 sq ft finished. Main Floor: Kitchen, Pantry, Half Bath, Wine Room, Dining Room, Living Room with wood burning rock fireplace, cathedral ceiling and 2 ceiling fans, Bedroom with full bath, 2nd bedroom with full bath, Library with wood burning fireplace, Master Bedroom and Master Bath. 2nd level: Bonus Room/Man Cave. Full Bath. Partial Unfinished basement.3 car attached garage. Large Patio entertainment area. 2 car detached garage. 276.35 ac. Beautifully landscaped. 3 ac around the home is open and 273.35 wooded. Land is rolling. Abundant wildlife-hunting. 2 streams. Fronts on state paved road.

Downtown Roanoke Businesses Prep for Storm, expect flooding

Downtown Roanoke Businesses Prep for Storm, expect …. VDOT confirms multiple trees down across Southwest …. Breaking the mental health barriers in Hispanic, …. Danville and Pulaski residents brace for Ian’s impacts. Virginia is a pumpkin powerhouse!. First responders on standby in Danville for hurricane …. Pulaski County local...

Munters cuts ribbon on new plant in Daleville

The Botetourt Center at Greenfield formally welcomed another major manufacturer to its business park this morning, with a ribbon cutting for Munters, a worldwide company that produces air treatment and cooling systems. Munters relocated this facility from Buena Vista into a new 365,000 square foot building. Amy White with the Botetourt County Board of Supervisors was one of the speakers; White is also the dean of “STEM” at Virginia Western Community College and made a public offer to Munters officials on hand – some came from the home office in Sweden for the Daleville plan opening – to supply any employee training needed. More than 160 jobs are expected to result. The Daleville facility will focus on cooling systems used in data centers that support digital platforms. The Daleville facility will focus on cooling systems used in data centers that support digital platforms.
Tire Review

Yokohama Tire and USW Union Agree on Four-Year Contract

Yokohama Tire Manufacturing Virginia (YTMV) announced it has agreed in principle to a new four-year contract with United Steelworkers (USW) Local 1023. Tetsuro Murakami, president of Salem, Virginia-based YTMV, made the announcement. Local 1023 represents approximately 500 employees at the Salem plant. The new agreement will replace the last contract...

Munters Grand Opens in Botetourt County

After 18 months of diligent work and construction, today, Botetourt County welcomes and celebrates Munters Global on their grand opening in Daleville! This data center cooling business grew significantly over the past few years and relocated to Botetourt County to allow for expansion. They broke ground May 20, 2021 on the $36 million state-of-the-art facility.