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Chesapeake

States offer big incentives for data centers’ growth
Jun 2, 2025

States offer big incentives for data centers’ growth

States across the U.S. are competing to attract data centers by offering major incentives and tax breaks, sparking pushback in local communities.

A rendering of the planned Virginia Natural Gas operations headquarters. Image courtesy Virginia Natural Gas
May 29, 2025

Virginia Natural Gas breaks ground on $50M Chesapeake HQ

Virginia Beach-based Virginia Natural Gas on Tuesday broke ground on a $50 million operations headquarters in Chesapeake.

Dollar Tree announces CEO of Family Dollar, soon to be sold
May 19, 2025

Dollar Tree announces CEO of Family Dollar, soon to be sold

Chesapeake-based Dollar Tree announced Monday that its soon-to-be-sold Family Dollar property will be led by Duncan MacNaughton, who will serve as chairman and CEO of the discount retail chain.

Sumitomo Drive Technologies to invest $9.3M to automate Chesapeake warehouse
May 19, 2025

Sumitomo Drive Technologies to invest $9.3M to automate Chesapeake warehouse

The Virginia Economic Development Partnership announced last week that global power transmission manufacturer Sumitomo Drive Technologies will invest $9.3 million to automate a warehouse and distribution center in Chesapeake.

A rendering prepared by Cox, Kliewer & Company, P.C. of the proposed data center in Chesapeake. Image Courtesy City of Chesapeake
May 16, 2025

Chesapeake Planning Commission recommends against data center

The Chesapeake Planning Commission voted 6-1 Wednesday night to recommend denial of a rezoning for a 350,000 square-foot data center in the Great Bridge area of Chesapeake after hundreds of residents passionately opposed the project.

Top Five December 2024
Apr 30, 2025

Top Five May 2025

The top five most-read daily news stories on VirginiaBusiness.com from March 11 through April 11 included news of major layoffs from a federal contractor in Northern Virginia.

LS GreenLink USA, along with Gov. Glenn Youngkin and Chesapeake Mayor Rick West, breaks ground on new manufacturing facility.
Apr 28, 2025

LS GreenLink breaks ground on $700M tallest structure in Virginia

LS GreenLink USA on Monday broke ground on the tallest structure in Virginia. Gov. Glenn Youngkin, Sen. Tim Kaine and several Chesapeake officials gathered at 1213 Victory Blvd. in Chesapeake to kickstart the construction of the company’s more than $680 million offshore wind subsea cable manufacturing facility, the first of its kind in the United States.

L to R: Mike Kindy and Roxanne Weng. Photo courtesy Dollar Tree
Apr 28, 2025

Dollar Tree names chief supply chain officer

Walgreens' former chief supply chain officer has started as Dollar Tree's chief supply chain officer effective Monday, the Chesapeake Fortune 500 discount retailer announced. Roxanne Weng succeeds Mike Kindy, who is retiring.

$30M Chesapeake Square Mall redevelopment underway
Apr 14, 2025

$30M Chesapeake Square Mall redevelopment underway

Demolition began last week on sections of Chesapeake Square Mall as part of a $30 million redevelopment project of the 36-year-old indoor mall off Interstate 664 in Chesapeake. Stores are still open at the mall while Virginia Beach-based real estate development firm Kotarides is demolishing the former Burlington Coat Factory Space and several former anchor […]

Dollar Tree retail store
Mar 26, 2025

Dollar Tree plans to sell Family Dollar to private equity firms for $1B

Chesapeake-based Fortune 500 discount retailer Dollar Tree has reached a deal with Brigade Capital Management, a New York-based global asset management firm, and Macellum Capital Management, an investment firm with headquarters also in New York, to acquire its Family Dollar brand for about $1 billion after a decade of trying to make its acquisition of […]

Eastern Va. Big Deal: Chesapeake’s LS GreenLink plant will have high profile
Mar 25, 2025

Construction of Virginia’s tallest building slated for April

LS GreenLink USA will begin constructing the tallest structure in Virginia next month. During Old Dominion University’s Maritime and Offshore Wind Conference on Tuesday, LS GreenLink USA’s managing director, Patrick Shim, revealed the company will break ground April 28 on its $680 million-plus offshore wind subsea cable manufacturing facility in Chesapeake, the first of its […]

Dollar Tree retail store
Mar 5, 2025

Former Tyson Foods executive to become Dollar Tree CFO

Chesapeake-based Fortune 500 discount retailer Dollar Tree announced Wednesday that former Tyson Foods executive Stewart Glendinning will become the company’s next chief financial officer, effective March 30. Glendinning joined the company earlier this year in a senior role focused on transformation initiatives, including key areas within the company’s finance organization. He is succe[...]

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