Monthly Archives: August 2022

Albemarle Economic Development Authority supports two grants

This week, the Albemarle Economic Development Authority offered financial support to grants already received by local nonprofits. In many cases involving state or federal programs, large awards require some local money in the form of matching grants. 

The Bridge PAI has received a $25,000 grant from the National Endowment for the Arts for a project called Unsettling Grounds that will reexamine space in the Broadway corridor that has been studied by the county as an area for economic development. The EDA will contribute $5,000 to the project. 

“The idea of the title Unsettled Grounds is a project that uses some experimental methods to try and create monuments and works by and for Black, indigenous, and low-income artists, supporting them their artistic endeavors,” said Jay Simple, the executive director of the Bridge Performing Arts Initiative. 

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New hotel at Darden Business School halfway complete

There have been a series of new hotels constructed in the area within the last few years to satisfy demand for those who seek to travel to the area. Many visitors who come here have some ties to the University of Virginia and two new hotels in the works will cater directly to those people.

Kimpton Hotels and Restaurants will operate a new hotel under construction at the UVA Darden School of Business which will replace the UVA Inn at Darden with 199 rooms in a five-story structure with around 11,500 square feet of meeting space and a ballroom large enough to accommodate up to 425 guests. 

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Youngkin seeks $400 million in tax refunds

Governor Glenn Youngkin has now been in office for seven months, and coming up soon is his full General Assembly session that he doesn’t have to share with his predecessor. Yesterday the Governor appeared before the joint House and Senate Money Committees to signal what he wants to achieve. 

“Our shared priorities [are] lowering the cost of living, giving our children the education that they deserve, keeping our communities safe, creating jobs and growing our economy, and transforming the government to serve the people,” Youngkin said. 

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