Grace Mamon

Grace Mamon is a senior journalism and English student at Washington and Lee University in Lexington, Virginia. She is the co-editor-in-chief of the university's independent student-run newspaper, the Ring-tum Phi, for the second year in a row. She worked as a reporting intern at the Roanoke Times during the summer of 2020 and at the Tampa Bay Business Journal during the summer of 2021.
Posted inEconomy

Danville’s revitalization plan faced skepticism, but now it’s a model for other communities. Here’s how the city did it.

by Grace Mamon

Danville’s Industrial Development Authority bought old, empty buildings — sometimes at above-market prices — with the goal of selling them to developers. The strategy drew some criticism over the years, but local leaders believe it’s paid off in increased tax revenues and new vitality for previously depressed areas of the city.