Hunter Craig

President Glenn Rust and chair Bill Dittmar extolled steady growth and future opportunities at the annual meeting at the Boar's Head Inn.

Feud ends: Giles cashes as VNB heads for buying spree

If anyone were expecting fireworks or fisticuffs at the annual meeting of Virginia National Bank Monday night, they were shown less a feud than a roadmap to riches, as bank leaders said they've been eyeing a stream of opportunities to buy struggling banks. As for former cha

In an unrelated move, Giles announced December 16 that he'd assumed the chairmanship of the non-profit Paramount Theater.

Bank feud: Chairman Giles quits VNB with other directors

A feud over corporate governance compounded an already painful December for a major Central Virginia financial institution. Virginia National Bank has experienced a leadership shake-up that has seen nearly one third of the board of trustees quit including the chairman, Mark

Cuccinelli says Biscuit Run backers shouldn't lean on the state.

Biscuit burden: Cuccinelli demands cash from Craig

In his response to a speculator's controversial lawsuit seeking nearly $20 million from taxpayers in the form of conservation tax credits, Attorney General Ken Cuccinelli has fired back by accusing Biscuit Run investor Hunter Craig of unmitigated gall and demanding that Cr

Biscuit Run was the subject of the Hook's November 10 cover story.

Biscuit backstory: Flips would have rewarded Craig's fees

In its first two years in the hands of speculators, doomed housing development Biscuit Run rang up over $7 million in expenses, including nearly a quarter million dollars paid to lead investor Hunter Craig. That's according to a court filing in the lawsuit in which Craig an

The flip that flopped: Biscuit Run men want $20 million more from taxpayers

Biscuit Run is the gift that keeps on… taking. Initially sold to the public as a $10 million state park, the nearly 1,200-acre tract has actually extracted more than $21 million from state taxpayers in what has been called one of Virginia's biggest corporate bail-outs. No

The 1.23-acre parcel lies directly across the street from the current Martha Jefferson campus.

No exit: Has Hunter Craig created more unsellable land?

Last week's news about the overhaul of the old Martha Jefferson campus shines a spotlight on another piece of the hospital's portfolio, a property on a prominent downtown corner that recalls some of the big names in local history including Forrest Marshall and Hunter Craig.

Tim Kaine chats about Biscuit Run on the Downtown Mall.

Since 2010: Kaine makes first Biscuit Run comment

Since the revelation that a potentially hyperinflated appraisal could have defrauded Virginia taxpayers out of millions of dollars, former governor Tim Kaine has now made his first public statements on the state's controversial purchase of what will eventually become Biscui

Wrong house getting credits

We showed the wrong photo for one of the 12 houses in last week's cover story on local properties benefiting from state funding for private renovations. The house described as belonging to UVA Board of Visitors member Robert Hardie actually was the guesthouse for another BO

Then governor Tim Kaine (right) told taxpayers they were getting a bargain from Craig, as the two flank Dave Matthews Band fiddler Boyd Tinsley, who later clarified that he wasn't actually one of the investors.

'Insufficient evidence': State mum as Biscuit Run appraisers go unpunished

Four months after leaked documents showed that a Charlottesville-based group of investors convinced top-level Virginia officials to bail out their flopped housing development with millions in state money, anger still runs high. The government, however, has done nothing to p

Open space preservation brings lots of benefits.

Scenic treasure: How conservation lines the pockets of the rich

Albemarle County Preserved83,600 acres17.5 percent of the landWho holds the easements? Virginia Outdoors Foundation328 easements62,702 acresNature Conservancy22 easements6,047 acresPiedmont Environmental Council4 easements510 acresPublic Recreational Facilities Authority64