Cologne
Cologne, VA · Business
12 On Your Side
Henrico weighs zoning rules for recreational marijuana businesses
12onyourside.com
SpaceX launch dazzles Virginia’s skies
RICHMOND, Va. (WWBT) - A SpaceX rocket launch from Florida on Tuesday morning could be seen over Central Virginia. The launch happened just after 6:30 p.m. Shortly after, the rocket could be seen moving across the skies in the Richmond area. “A Falcon 9 rocket launched a robotic Dragon capsule...
Axios Richmond
Richmond's October heat fuels a regional power emergency
Richmond is sweltering through near-record October heat, just as the federal government has issued an emergency order to help keep the Mid-Atlantic's power grid running. Why it matters: The order is designed to prevent blackouts amid unusually high electricity demand — but that doesn't mean your lights are about to go out. Regional grid operator PJM says customers don't need to take any action right now. Driving the news: The U.S. Department of Energy issued the emergency order Monday, giving PJM additional tools to keep electricity flowing through Friday. The problem: Utilities typically schedule maintenance during cooler fall months, when electricity demand is lower. But this week, temperatures are expected to run 10–20 degrees above normal across PJM's territory, Dominion Energy spokesperson Jeremy Slayton tells Axios. The order allows PJM to tap additional power generation, temporarily exceed certain environmental permit restrictions and, as a last resort, direct data centers and other major electricity users to switch to backup generators. Threat level: Dominion's service area, which includes Richmond and Northern Virginia, was identified as one of three areas facing the most acute grid challenges across PJM's 13-state territory, along with the Baltimore and D.C. areas, according to the order. Yes, but:
fedcommunities.org
Initiatives and people boost rural opportunities
While Federal Reserve employees have different backgrounds, some working on its rural initiatives have important ties to rural communities. That helps drive the work of Erika Bell, community development regional manager at the Federal Reserve Bank of Richmond (Richmond Fed). Erika has leveraged her personal and professional experiences to impact the Richmond Fed’s rural work including the Investing in Rural America Conference, Investing in Rural America Webinar Series, and Rural Investment Collaborative, which are housed in the Center for Rural Economies.
bostonrealestatetimes.com
Walker & Dunlop Arranges $86.5 Million Refinancing for Richmond Multifamily Community
RICHMOND, Va. — Walker & Dunlop, Inc. has arranged $86.5 million in bridge financing for Chasen, a newly completed 352-unit multifamily community in Richmond, Virginia’s Scott’s Addition neighborhood, on behalf of real estate investment firm Capital Square. The variable-rate, interest-only loan was arranged by Walker & Dunlop...
12onyourside.com
pulse2.com
Walker & Dunlop Arranges $86.5 Million Refinancing For Chasen In Richmond
Walker & Dunlop arranged $86.5 million in bridge financing for Chasen, a newly completed 352-unit multifamily community in Richmond, Virginia. Walker & Dunlop Capital Markets Real Estate Finance arranged the financing on behalf of Capital Square. The variable-rate, interest-only loan was provided by a private credit lender. The property is...
americancraftbeer.com
Hardywood And Starr Hill Join Forces As Craft Beer Industry Consolidates
The American craft beer industry is changing, and increasingly, even some of its biggest regional players are finding strength in numbers. The latest example comes from Virginia, where Richmond-based Hardywood Park Craft Brewery has acquired Starr Hill Brewery, bringing the state’s two largest craft brewers by sales volume under common ownership.
12onyourside.com
Live! Casino & Hotel Virginia reaches construction milestone in Petersburg
PETERSBURG, Va. (WWBT) - Live! Casino & Hotel Virginia is marking a major milestone in construction Thursday as crews prepare to place the final structural beam on the multimillion-dollar development. The “topping out” ceremony is scheduled for 10 a.m. Oct. 8 at the project site at 301 Wagner Road in...
vpm.org
BizSense Beat: Hardywood acquires Starr Hill Brewery
BizSense Beat is a weekly collaboration between VPM News and Richmond BizSense that brings you the top business stories during NPR’s Morning Edition on Fridays. Here’s a recap of the top story for the week of Oct. 9, 2026:. Reported by BizSense’s Mike Platania. Hardywood Park Craft...
12onyourside.com
Richmond eyes hiring freeze while bracing for budget constraints
RICHMOND, Va. (WWBT) - A hiring freeze is one of the first solutions on the table, as Richmond looks for ways to cut some costs. Nothing is set in stone, but city leaders say the numbers are forcing the conversation. Richmond might not fill some of the non-critical openings it...