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Recent Articles from Virginia Business
Virginia CEO pay report
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On the fast track
Six Hampton Roads-based companies, including two newcomers, landed on the Virginia Chamber’s 2020 Fantastic 50 list of the state’s fastest-growing privately owned businesses. Due to the coronavirus pandemic, the winners were recognized during a virtual event held in May. To qualify for the Fantastic 50, nominees’ fiscal revenues had to exceed $200,000 and be less […]
2020 Virginia Meetings
Welcome to the second issue of Virginia Meetings. Below you’ll find content about how hotels have reopened with caution during the pandemic and how virtual conferences have become the new norm for meeting planners. Also included is a list of Virginia’s largest conference hotels. Checking in: Hotels reopen with caution following economic downfall Rising to […]
Virginia’s largest conference hotels
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Making bank
Suffolk-based TowneBank maintains its dominance among Hampton Roads financial institutions, holding nearly a quarter of the market share. In late June, TowneBank and Children’s Hospital of the King’s Daughters jointly purchased the 22-story Norfolk Southern tower in downtown Norfolk for $30 million. TowneBank’s market share increased slightly from last year, when it had 22.29% of […]
An overview of Hampton Roads
Hampton Roads is Virginia’s second most populated region, with nearly 1.8 million residents in 17 localities, including Virginia Beach — the state’s largest city by population with about 450,000 residents. More than 120,000 active-duty and reserve members of the military, as well as civilian personnel, work at nine installations representing five branches. The Port of […]
Executive Insights
David C. White Executive vice president, Virginia Maritime Association What do you consider the most pressing issue facing the Hampton Roads region? The maritime industry is in the best position to drive the economic growth and job creation for the region. Capacity at the container terminals has been increased to move an additional 1 million […]
Workforce development
From customized apprenticeship programs to professional development courses, various organizations in Hampton Roads are working to ensure employers have the right workforce. Below is an overview of workforce development resources. The Apprentice School Having celebrated its 100th anniversary in 2019, The Apprentice School in Newport News has trained 10,800 shipyard workers over its long history. [[...]
Residential Real Estate Review with Cindy Hawks White
President of the Hampton Roads Realtors Association (HRRA), Cindy Hawks White is a Virginia Beach-based operating principal with Keller Williams Realty. She has worked in the real estate industry since 1982 and specializes in real estate-owned (REO), short sale and luxury properties. Hawks White also has served on the HRRA’s board since 2015, including as […]
October 2020 – For The Record
Shenandoah Valley The Frederick County Economic Development Authority in late August allocated $1 million of federal CARES Act funds for a business grant program that would award grants of $5,000, $7,500 and $10,000 to businesses that were impacted by the pandemic. The Augusta County Economic Development Authority (EDA) also announced in early September it has […]
