Fork Union
Fork Union, VA · Business
commonwealthtimes.org
VCU construction focuses on new builds despite concerns for its aging facilities
The ONE VCU Master Plan expands major construction projects while largely opting to decommission old buildings rather than repair. VCU uses the Six-Year Capital Plan, prioritizing capital projects with large-scale construction and substantial funding. Funding for maintenance is state-derived while construction project reserves are sourced from the state, university and public-private partnership, according to the plan’s website.
Margaret Minnicks
Virginia's Haynes Furniture Store and The Dump are closing with a going-out-of-business sale
After 128 years in business, the family-owned Haynes Furniture and The Dump Luxe Furniture Outlet are permanently closing all of their remaining store locations, according to WTVR 6 News.
WTVR-TV
Check out these fall member deals from AAA Discounts and Rewards
RICHMOND, Va. -- Fall is in the air, and so are those discounts and rewards!. Whether you’re traveling, looking for creative gift ideas or doing some early holiday shopping, you’re in luck. Morgan Dean with AAA joined us in studio to tell us all about the member deals...
12onyourside.com
NextEra Energy CEO defends merger during Virginia Chamber of Commerce event
RICHMOND, Va. (WWBT) - The head of NextEra Energy is defending a potential merger with Dominion Energy. CEO John Ketchum calling the potential merger a combination of holding companies valued at $67 billion and telling the audience why the deal should go through. “We’re in every part of the energy...
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...