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Tariffs could add $500M to Dominion offshore wind project
Richmond-based Fortune 500 utility Dominion Energy says the cost of its Coastal Virginia Offshore Wind project in Virginia Beach could rise by about $500 million due to tariffs on imported goods imposed by President Donald Trump.
Rivers Casino Portsmouth to add $65M hotel
Rivers Casino Portsmouth and Rush Street Gaming are planning to break ground on a $65 million hotel in Portsmouth this summer, more than two years after the casino first opened.
Vortex acquires Prism Contractors & Engineers
Houston, Texas-based Vortex Companies, which provides trenchless water and sewer infrastructure products, announced last week that it has acquired Williamsburg-based Prism Contractors & Engineers.
ODU breaks ground on $184M biosciences building
Old Dominion University on Monday broke ground on its biggest capital construction project ever — a five-story 162,586 square-foot biological sciences building.
The Breeden Co. completes $43M apartment complex in Norfolk
Virginia Beach-based real estate development firm The Breeden Co. announced Thursday that it completed construction on a 198-unit multifamily community in Norfolk, located near Norfolk International Airport.
Largest industrial building in Richmond market holds groundbreaking
A massive 846,260 square-foot spec industrial facility under construction in southern Chesterfield County is expected to be ready for delivery before the end of the year. New York-based real estate developer PNK Group began construction on the building at 1640 Ashton Park Drive during the first quarter of this year and hosted a groundbreaking ceremony […]
Norfolk State breaks ground on $118M science building
Norfolk State University on Friday broke ground on a $118 million science building. The new 131,376-square-foot facility, which is being built on the northwest side of the HBCU’s main campus, will replace the Roy A. Woods Science Building. Once complete, it will house teaching and research labs, classrooms, a planetarium, a greenhouse and student-centered collaboration […]
Dewberry selects new CHRO
Dewberry — an engineering, architecture and construction firm in Fairfax County — announced Monday it has promoted Stacey McKavish to chief human resources officer. In the role, McKavish will oversee all HR functions of the organization and a team of nearly 30 benefits, compensation, human resources, recruiting and training specialists. “Stacey is a charismatic leader […]
Bechtel wins $242M contract modification for chemical weapons destruction
Reston-based Bechtel National has been awarded a $242.28 million contract modification from the U.S. Army to address past contract overruns associated with the Pueblo Chemical Agent-Destruction Pilot Plant in Colorado. The plant is a chemical weapons destruction facility that destroyed the chemical weapons stockpile previously stored at the U.S. Army Pueblo Chemical Depot in Pueblo, […]
Health care systems are in their building era
At some medical centers around Virginia, construction workers donning hard hats are nearly as prevalent this year as medical staff wearing scrubs. From smaller-scale renovations to new hospitals with billion-dollar price tags, health care systems are undertaking a wide range of projects to respond to growing (and aging) populations and expand services at hospital campuses, […]
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 […]
Another massive deal in the building supply sector, James Hardie offers AZEK $8.75 billion
Australian building products company James Hardie Industries is buying the US outdoor products maker AZEK in a cash-and-stock deal valued at approximately $8.75 billion. The transaction includes about $386 million in debt. It’s the second large deal in the sector in less than a week, with QXO Inc. announcing on Thursday that it was buying […]
