About

I’m Jeff Tanner, Dean of the Strome College of Business at Old Dominion University and this is a Strome Business Minute. In recent months, we’ve covered stories on the Navy Hill development in Richmond – their plans for a new coliseum and its impact on any possible coliseum in the 757, CoStar’s plans to relocate an additional two thousand employees to Navy Hill, and so forth. The Navy Hill development plans have been scrapped, however, as the Richmond City Council decided against proceeding with funding in spite of threats from CoStar to consider other localities for their relocation. CoStar has been silent and it appears that Navy Hill will be sold for smaller development. Perhaps they’ll consider moving here. Still, the decision to not build a new major league sized coliseum in Richmond should encourage local leaders to accelerate coliseum plans for the 757. To learn more, visit odu.edu/business. This has been a Strome Business Minute, presented by the Strome College of Business at Old Dominion University.