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Recent Articles from Elizabeth Cooper
Rolling out the red carpet
With high-speed subsea internet cables landing on Virginia Beach’s shores and massive wind turbines propelling off its coast, the state’s largest city is primed to welcome new businesses and industries generating high-end jobs. “Virginia Beach is going to be the epicenter of economic development on the East Coast,” says Mayor Bobby Dyer. “I am convinced […]
A fair trade?
While President Joe Biden will likely strike a more diplomatic tone with China than his predecessor, economists and other observers believe the United States’ rocky trade relationship with its biggest economic rival will remain contentious — which will impact Virginia’s economy. Under former President Donald Trump, the U.S. and China were immersed in a grueling […]
History in the making
Cliff Fleet took the helm of the Colonial Williamsburg Foundation in January 2020 with a mandate to curb declining attendance and revenue at the nation’s largest outdoor living museum while maintaining its relevance to diverse 21st-century audiences. It was a tall order and one that became even more challenging two months later when the COVID-19 […]
Wind at their backs
Hampton Roads is on the cusp of becoming a supply chain hub for the thousands of components used to construct the massive turbines that will propel offshore wind farms being developed off the East Coast. American offshore wind projects currently rely on a European supply chain for turbine components, but shipping the enormous turbines, blades […]
Double play
Hampton Roads will be home to two Las Vegas-style casino complexes after Norfolk and Portsmouth voters overwhelmingly approved November 2020 referendums greenlighting the projects in their cities. The referendums passed with 64.4% of the vote in Norfolk and 66.7% in Portsmouth. The Pamunkey Indian Tribe is working with Tennessee billionaire Jon Yarbrough to build the […]
Bigger boxes
Online retailing giant Amazon.com Inc. continues to expand its footprint in Virginia, bringing 1,500 jobs total to Suffolk and Chesapeake with the construction of operations facilities in those cities. Located less than two miles apart, both facilities are slated to open this year. In Suffolk, Amazon is building a $230 million, multistory robotics fulfillment […]
Charging ahead
Greener rides are on tap for schoolchildren and commuters as Dominion Energy Inc. accelerates efforts to increase the number of electric vehicles on Virginia roads. Electric transportation is a key component of the Richmond-based utility’s 10-year Grid Transformation Plan, which sets targets for reducing carbon, adding renewable energy sources and transforming the electric grid for […]
Virginia Beach revives resort office to bolster Oceanfront tourism
This summer, visitors to Virginia Beach’s resort area will be greeted by spruced-up properties, enhanced entertainment options and new tourism ambassadors. These are just some of the city’s efforts to improve the 40-block commercial district through its restored Resort Management Office. City Council is allocating $1.1 million from its tourism tax fund to revive the […]
Hope springs eternal
Williamsburg’s tourism-steeped economy was on track for a banner year when COVID-19 knocked it off course. Businesses, including tourist attractions Busch Gardens Williamsburg and Colonial Williamsburg shut down, William & Mary sent students home, and hotel and motel occupancy rates plummeted. As of late October, with capacity restrictions gradually lifted, Williamsburg was striving to get [[...]
Change in the air
After almost a decade of planning, Dominion Energy Inc. will begin harnessing offshore wind power this fall as two massive test turbines go into operation off the coast of Virginia Beach. Standing about 600 feet tall, the 12-megawatt turbines are the cornerstone of Dominion’s Coastal Virginia Offshore Wind (CVOW) pilot project. The company, the first […]
