Capital One to Add 700 Jobs in Henrico County

Virginia-based Capital One Financial Corporation recently announced that it would expand its Virginia operations by more than 1,000 new positions in 2010 and 2011, with 700 of those positions located in Henrico County.  Capital One recently purchased two new commercial office buildings for its campus in the Innsbrook Office park in Henrico, where it plans to open a new call center and operations center in 2011. The new positions will support all segments of the Fortune 500 company’s business.

“Capital One’s decision to select Henrico County’s Innsbrook office park to grow its operations again is very welcome news,” said Henrico County Board of Supervisors Chairwoman Patricia S. O’Bannon.  “The company’s purchase and plans to refurbish two existing buildings is testament to Henrico County’s quality workforce, pro-business climate, and high quality of life, and we couldn’t be more pleased by Capital One’s continued faith in Henrico.”

The Virginia Economic Development Partnership worked with Henrico County and the Henrico Economic Development Authority to secure the project for Virginia, successfully competing against Florida and Texas. Virginia Governor Bob McDonnell approved a $300,000 grant from the Governor’s Opportunity Fund to assist with the project. Through its Virginia Jobs Investment Program, the Virginia Department of Business Assistance (VDBA) will provide funding and services to support the company’s recruitment and training activities. 

“Not only is Capital One Financial Corporation a nationally recognized name, in the Commonwealth it is a household name and our 11th largest private sector employer,” Virginia Gov. Bob McDonnell said.
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Free weekly 5k coming to Henrico

The Richmond metro area is no stranger to 5k races and events. To participate in most 5k events, runners must register and pay a fee. But the Parkrun organization will be providing Henrico County with a free 5k every Saturday at Deep Run Park starting June 3.

Parkrun began in England in 2004 and eventually found its way to the U.S.

The Deep Run Parkrun program will be the 10th one in the U.S., said Darrell Stanaford, the country manager for Parkrun USA. > Read more.

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.

Henrico Business Bulletin Board

May 2017
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Teens are invited to visit any Henrico County Public Library from 1 p.m. to 4 p.m. for a free comic book, while supplies last. For details, visit http://www.henricolibrary.org. Full text

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