The City of Danville once thrived on the success of the mills. Now, it could thrive from redevelopment on these same sites.
Economy
Covering the economic issues facing Southwest and Southside Virginia.
Posted inEconomy
A hedge fund-linked company bought a mobile home park. Many residents were told to pay hundreds more or be evicted.
Massie Mobile Home Park in Montgomery County
was purchased by a company linked to the hedge fund Alden Global Capital. Shortly after, many residents, many of whom receive HUD aid, found “notices to quit” on their doors telling them to pay about $700 on top of their regular rent or be evicted.
Posted inEconomy
A flood took their homes. Three months later, some in the community are frustrated by the pace of recovery.
Three months after a flash flood devastated parts of Buchanan County, winter looms for residents who lost homes.
Posted inEconomy
Lab school focusing on health care planned for Southwest Virginia
Emory & Henry College’s School of Health Sciences would be the college partner for the high school program.
Posted inEconomy
Virginia is well-suited for controlled environment agriculture, summit says
A CEA Summit in Danville this week emphasized Virginia’s capability to be a leader in this industry
Posted inEconomy
Carilion to move behavioral health services to Tanglewood Mall
Carilion had previously announced plans to build a separate facility but later put those plans on hold due to the pandemic.
Posted inEconomy
Old Valleydale plant in Salem to be turned into 300-unit apartment complex
Salem mayor says it’s the most transformative economic development project in city’s recent history.
Posted inEconomy
Southwest Virginia Rural Summit to be held in Abingdon
The event is billed as a way to bring together business leaders, local officials, school superintendents, health care leaders and non-profit leadersin the region under one roof.
Posted inEconomy
Pulaski is reinventing itself: ‘I feel like good stuff’s finally happening here’
Pulaski is renovating old roads and buildings and building new housing, mountain bike parks, and skate parks. “I know from experience that the way you sell a community is to get people to visit it first time,” Pulaski’s town manager said.
Posted inEconomy
Billionaire MacKenzie Scott gives $13 million to Danville Regional Foundation
This money from the ex-wife of Amazon founder Jeff Bezos will help amplify the transformation of the region, the foundation’s CEO said.
