DRV leases to FEMA in western Henrico

Diversified Realty Ventures (DRV) of Richmond has signed a short-term 17,500 square foot lease with the Federal Emergency Management Agency (FEMA) at Deep Run III, a 383,000 SF Class A office building in western Henrico.

Located at 9954 Mayland Dr., the six-story Deep Run III building was part of Circuit City’s headquarters complex until the firm declared bankruptcy in 2008. DRV acquired the building in late 2011 in a joint venture with Markel/Eagle Partners, LLC. Since the acquisition, the ownership has been planning major renovations, now scheduled to begin in the third quarter of 2012, and targeting nationally known corporations for future anchor tenancy.

FEMA’s presence in Henrico will provide a base of operations to serve the central Virginia area. DRV executed the lease in less than a week, represented by Mark Douglas and Austin Newman of Cushman & Wakefield | Thalhimer.
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State Police urge motorists to #MoveOver during Memorial Day weekend

Memorial Day signifies the official start of summer, and Virginia State Police officials are urging motorists to "do what’s right when they see lights" and move over.

The “Move Over” law is a lifesaving law intended to protect public safety professionals and highway workers who help to maintain the safety of the Commonwealth’s roads. State Police are using the #MoveOver hashtag on social media to promote the law. > Read more.

Henrico to hold June 8 open house on Route 5 Corridor/Marion Hill study

The Henrico County Planning Department will hold an open house Thursday, June 8 for residents and other members of the public to provide input for a study of the Route 5 Corridor/Marion Hill areas.

The open house will be held from 4:30 to 7:30 p.m. at the Varina Area Library, 1875 New Market Road. The meeting’s informal structure will allow the public to attend at their convenience and to ask questions and discuss the study one on one with Planning staff. > Read more.

Henrico real estate staying strong despite low inventory

The Henrico real estate market has been relatively strong for the past month, despite a lower amount of inventory, according to data from Long and Foster Real Estate.

In the past month, 408 homes have been sold in Henrico, which is 2 percent less than were sold in the same timeframe in 2016.

Last year the median sale prices for Henrico homes was $219,975, whereas this month it's up to $232,500, a 6 percent increase. Which means half of the homes in Henrico are priced above $232,500 and half are priced below. > Read more.

Smither named director of Henrico’s Department of Finance

Henrico County Manager John A. Vithoulkas has appointed Edward N. “Ned” Smither Jr. to serve as director of the Department of Finance, effective July 1.

Smither has served Henrico since 2013 as director of the Accounting Division in Finance. He will succeed Eugene H. Walter, who has delayed his retirement until June 30 to ensure an orderly transition within the department.
> Read more.

State honors EMS officials this week

There were nearly 1.5 million emergency medical services calls and 4,063 incidents per day in Virginia just last year.

This week, May 21-27, declared as National EMS week by Gov. Terry McAuliffe, recognizes the more than 34,000 EMS personnel and 631 agencies in the state and commends their efforts and commitment to Commonwealth citizens.
> Read more.

Henrico Business Bulletin Board

May 2017
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Each month, the Alzheimer’s Association Greater Richmond Chapter conducts support group meetings to provide the community with an opportunity to meet for mutual support and to exchange coping skills. A Rare Dementia Support Group, for caregivers and individuals with other dementias, will meet at 2 p.m. at the VCU Neurological Orthopedic Wellness Center, 11958 W. Broad St. For details, call 967-2580. Full text

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