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Recent Articles from Elizabeth Cooper
Hazelwood Farms is set to become industrial park
A 328-acre former James City County farm is set to become the largest speculative industrial project along the Interstate 64 corridor between the Port of Virginia and Richmond. Hazelwood Farms was purchased for $12 million in April by Houston-based industrial real estate firm Lovett Industrial, which plans to develop a 2.2 million-square-foot business park on […]
Betting on success
Thousands of new jobs are flowing into Southern Virginia as Caesars Virginia prepares to open its permanent casino resort next year, and industries move into the region or expand. Meanwhile, local economic developers have been pitching the vacant 3,500-acre Southern Virginia Megasite at Berry Hill for megaprojects like electric vehicle assembly and battery manufacturing plants […]
Luxury RV park sets sights on Danville
Danville visitors could soon be setting up camp at the area’s first luxury RV park if City Council approves a special use permit for The Palace Resort, a project that could generate $1.3 million in annual city tax revenue. The matter was set to go before Danville City Council on June 20, following the planning […]
Building a hub
Fairwinds Landing LLC is demolishing dilapidated infrastructure, preparing to construct new facilities and signing tenants as it transforms Norfolk Southern Corp.’s Lambert’s Point Docks in Norfolk into Fairwinds Landing, a maritime operations and logistics center supporting Hampton Roads‘ offshore wind, defense and transportation industries. A Virginia Beach-based partnership be[...]
Building a ‘floatel’
Construction is set to begin late this year on a service operations vessel (SOV) that will transport technicians and equipment to support the massive wind turbines that Siemens Gamesa Renewable Energy S.A. is installing for Dominion Energy Inc.’s $9.8 billion Coastal Virginia Offshore Wind (CVOW) project off the Virginia Beach coast. Crowley Corp., a Jacksonville, […]
Norfolk airport hotel is ‘desperately needed’
An influx of 200-seat airplanes is bringing record numbers of passengers into Norfolk International Airport, leading officials to fast-track infrastructure upgrades and pursue construction of an airport hotel. There is high demand for on-site lodging, especially among airline crews and travelers taking early morning flights, who often stay at downtown Norfolk hotels, says Norfolk Airport […[...]
A titanic win
After enduring the exodus of companies like Burlington Mills and Daystrom Furniture over the past two decades, Halifax County is celebrating its biggest manufacturing announcement in decades — the arrival of Virginia’s first titanium demonstration facility. Last fall, Charlotte, North Carolina-based IperionX Ltd., a minerals company, announced an $82.1 million investment to establish the n[...]
Moving in
Southern Virginia is laying out the welcome mat for a growing number of companies seeking to locate in areas with lower taxes, better proximity to supply chains, a skilled workforce and improved quality of life. During 2022, a variety of businesses, ranging from an automotive education and entertainment firm to a moving and transit company, […]
Suffolk logistics center moves ahead
Despite lingering community opposition, Suffolk officials remain committed to the Port 460 Logistics Center, a warehouse complex on Pruden Boulevard at the U.S. Route 58 interchange, a major freight corridor to the Port of Virginia. In September 2022, Suffolk City Council approved rezoning 540 acres from general commercial and agricultural to heavy industrial use, paving […]
On the road again
Business and leisure travelers are putting the pandemic in the rearview mirror and once again are filling Virginia hotels and resorts. While that’s good news, widespread staffing shortages continue to hamper the hospitality industry. Occupancy rates are almost back to 2019 numbers, with Northern Virginia finally seeing upticks as corporate and government travel has slowly […]
