News

Pinecrest School

June 5, 2018 | Impact Stories

Pinecrest School, now in its 61st year, is a non-profit, independent preschool-through-sixth grade located just outside of Washington, D.C. Pinecrest has two buildings on campus, the most recent built in 2004. The second structure, however, is deteriorating and in need of a safer, more energy efficient replacement to accommodate a larger student population.

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Cape Charles Brewing Company

April 11, 2018 | Impact Stories

Cape Charles Brewing Co. is bringing locally made craft beer into the heart of the resort town of Cape Charles along this 70-mile stretch of land between the Chesapeake Bay and Atlantic Ocean. The Marshall family purchased a 2.5-acre property on Stone Road – the main thoroughfare into Cape Charles – and is in the midst of developing a 16,000-square-foot brewery and tasting room and, later, brewpub and event space. The production facility is expected …

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Weaver Manor

April 5, 2018 | Impact Stories

In the small southern Virginia city of Emporia, a low-income housing community – while well-managed and maintained – was in need of an upgrade to preserve the property and keep its operation cost effective. So the 22-year owner of Weaver Manor, Bob Margolis, decided to sell the community to a limited partnership composed of his two longtime business partners, Adam Stockmaster and Ari Severe, and together they would update the aging property. The team turned …

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Bliley’s Garage

March 28, 2018 | Impact Stories

Jackson Ward is one of Richmond’s most historic neighborhoods that has experienced an economic renaissance in its downtown corridor over the past decade. With the promise of major future developments to come, Jackson Ward has thrived with new restaurant, retail, and living spaces. Jackson Ward’s revitalization was at the heart of a new VCC loan to help a local real estate investor purchase a 15-unit apartment building, called Bliley’s Garage. The property, once a service …

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Clopton Siteworks – Unit B in Richmond, VA

March 27, 2018 | Impact Stories

As Richmond manufacturing has evolved, the need for large amounts of warehouse space for the tobacco trade has declined, providing pioneering developers with properties to create innovative new residential, commercial, and industrial spaces. The Clopton Siteworks development is transforming tobacco warehouses in south Richmond into flexible, modern office and warehouse spaces for a new generation of workers and emerging companies. The project’s ultimate goal is to bring 500 jobs to the Jefferson Davis Corridor. The …

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Heart Havens in Chesterfield County, VA

March 12, 2018 | Impact Stories

Heart Havens has seven group homes throughout Virginia that support adults with a developmental disability. The nonprofit empowers its residents to live happy and vibrant lives and empowers them continue to enjoy their passions while pursuing their goals. The idea for Heart Havens began with a simple question in 1993, when a parent of an adult with a developmental disability asked her United Methodist pastor: “Where will my child live when I’m gone?” Over the …

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