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US government halts nearly complete offshore wind farm. Is Virginia’s next?
The Trump administration last week halted construction on a nearly complete wind farm off the coast of Rhode Island and Connecticut.
Luminoah wins Virginia Startup World Cup
Charlottesville-based medical technology company Luminoah won first place at the Virginia Startup World Cup.
TowneBank to acquire N.C. bank for $476M
Suffolk-based TowneBank announced Tuesday that it has signed an agreement to acquire North Carolina-based Dogwood State Bank for about $475 million.
TowneBank to close on $203M Old Point deal Sept. 1
TowneBank will acquire Old Point Financial in a $203M deal closing Sept. 1, expanding its market share in Hampton Roads
Marine/RV parts wholesaler announces $1.1M expansion in Norfolk
Land ‘N’ Sea Distributing, a distributor of marine and recreational vehicle parts, will invest $1.1 million to expand in Norfolk.
Newport News reveals plans for $400M Navy housing project
Newport News plans to begin work next year on a more than 930,000-square-foot Navy housing development downtown.
Days houses spend on market increases across Virginia
Houses are spending longer on the market than during the same period last year in Northern Virginia, Hampton Roads and Central Virginia. However, median sales prices in all three regions have increased over 2024. Northern Virginia The Northern Virginia Association of Realtors reports that 1,612 units were sold in July — a 1.6% decrease over […]
Atlantic Park Surf to open Saturday
Atlantic Park Surf, North America’s first Wavegarden Cove Surf Lagoon on the East Coast, is set to open to the public on Saturday.
Dollar Tree promotes new chief legal officer
Dollar Tree announced Thursday that it has appointed legal expert John S. Mitchell as its new chief legal officer and corporate secretary.
Hampton Roads health care accelerator launches
A new health care accelerator supporting 24 small and growing health care-related businesses in the Hampton Roads area wraps up its 12-week program in August. Developed by nonprofit coworking space Bloom as a program of the Portsmouth Partnership, the Bloom Healthcare Accelerator is helping local entrepreneurs build relationships, scale their operations and navigate the unique […]
Hampton logistics company closes, laying off 63
Hampton-based delivery company Rochambeau Logistics closed last week, laying off 63 employees in the process.
Chesapeake approves 130+ condo development
Chesapeake City Council last week approved a rezoning request that will allow for the construction of up to 137 condo-style units.
