University of Virginia Foundation

CvilleBioHub's Commonwealth BioAccelerator has officially launched at North Fork! On February 25, we celebrated our biotech community's growth and innovative opportunities in Central Virginia! This state-of-the-art laboratory spans 6,500 square feet and is the region's first laboratory accelerator, marking the culmination of CvilleBioHub's five-year effort to meet the critical demand for turnkey laboratories in our community. You can read more about this initiative at https://lnkd.in/gyqy4VXw

After 38 years of dedicated service, Tim Rose will retire as CEO of the UVA Foundation on June 30. Under his leadership, the Foundation transformed from a small operation to a robust organization managing over $1 billion in assets. We sincerely thank Tim for his transformative leadership, integrity, and kindness and wish him and his wife, Margaret, a well-deserved and joyful retirement. Thank you, Tim, for your remarkable service to our University and our team. https://lnkd.in/edZdfcTX

Recently, leaders in technology, defense, and economic development convened at North Fork to explore ways to enhance Charlottesville's national security and biotechnology sectors. They stressed the importance of collaboration to drive growth and generate jobs for the community. https://lnkd.in/e-pxzNdX

Thanks so much for everyone who came out to the University of Virginia Foundation North Fork Discovery Park on Thursday for an Innovation Corridor Discussion with the Charlottesville Regional Chamber of Commerce! Albemarle County, VA Economic Development Greene County Economic Development & Tourism CvilleBioHub Charlottesville Office of Economic Development Central Virginia Partnership for Economic Development Virginia Economic Development Partnership

The biotech industry in Charlottesville is experiencing significant growth, and we are excited to be a part of it. Supported by the University of Virginia, CvilleBioHub, and a $4.3 million GO Virginia award, a new facility at North Fork will bring lab breakthroughs to health care. To learn more, visit https://lnkd.in/ekZ52rgr.

Economic growth is underway locally in multiple sectors: defense, intelligence, biotechnology, and academic research. Join the Charlottesville Military/Defense Affairs Committee's free luncheon at North Fork on January 23 to hear directly from area leaders in these fields. The UVA Foundation and the Charlottesville Regional Chamber of Commerce will provide lunch, but registration is required. Learn more at https://lnkd.in/eSiWiFUN

Residential development teams are expected to present a vision incorporating sustainability, resilience, superior community design, economic development, and affordability to create a unique community that stands out in the area.

We're excited to report that Russ Cronberg, CHA, director of hospitality at the UVA Foundation, has been appointed to the American Hotel & Lodging Association's Resort Committee. With over 24 years of experience, including leading successful initiatives at Boar's Head Resort, Russ's appointment highlights his leadership in luxury hospitality. He's eager to collaborate with industry leaders to advance the resort sector and enhance guest experiences. Learn more about his appointment at https://lnkd.in/gTNTGeja #Hospitality #HospitalityLeadership #AHLA #UVA

We're embarking on an initiative to develop approximately 28 acres into mixed-income housing within North Fork, a UVA Discovery Park. The development is, in part, to support the University's affordable housing initiative. A Request for Qualifications (RFQ) has been issued to identify qualified teams for the project. Learn more at https://lnkd.in/gnJyxEYV

We're looking forward to the White Ruffin Byron Center for Real Estate 2024 Conference in just a few weeks! We're excited to share that UVA Foundation board member Krissy Gathright will be moderating an afternoon fireside chat. Plus, our outstanding director of design and development, Fred Missel, will lead a breakout session on affordable housing in Virginia. It's sure to be a fantastic event! You can learn more at https://lnkd.in/eEyiF-NH