Newport News Shipbuilding, steelworkers union ratify new labor contract
Members of United Steelworkers on Tuesday ratified a new, five-year labor contract with Newport News Shipbuilding. United Steelworkers Local 8888 represents more than 10,000 shipbuilders at the Newport News shipyard, the country’s only manufacturer of nuclear-powered aircraft carriers. Terms of the new contract will remain in place until Feb. 7, 2027, and include wage increases, […]
Port of Va. hires offshore wind development VP
Patrick Kinsman, former CEO and commander of the U.S. Army Corps of Engineers’ Norfolk District, has been hired as the Port of Virginia’s new vice president of offshore wind development. Kinsman will oversee Portsmouth Marine Terminal’s conversion to a logistics hub. Simeans Gamesa Renewable Energy S.A. is investing $200 million to build the first U.S. […]
Hampton multifamily property sells for $9.25M
Barrington Woods, a 136-unit multifamily property in Hampton, has sold for $9.25 million, Cushman & Wakefield | Thalhimer announced Wednesday. Outlier Realty sold the property, at 607 Michigan Dr. in Hampton, to Los Angeles-based investor DBC Barrington. Clark Simpson and Erik Conradi of Cushman & Wakefield | Thalhimer’s Capital Markets Group in Hampton Roads and […]
Va. Beach’s Pembroke Mall to add apartments, senior living and hotel
Pembroke Mall in Virginia Beach is getting a $200 million makeover. The aging mall’s developers, Pembroke Square Associates, announced plans Monday for a series of updates to the 54-acre mall near the city’s Town Center area. “The mall industry is changing,” said Ramsay Smith, president of Pembroke Realty Group, asset manager for Pembroke Mall. “We […]
Norfolk townhome community sells for $77M
Crown Point Townhomes, a 480-unit apartment community in Norfolk, has sold for $77 million, Berkadia announced Monday. Bush Cos. sold the property, at 5371 Wyngate Drive, to a New Jersey-based buyer. The garden-style, multifamily property has two-, three- and four-bedroom floor plans and is located near Military Circle Mall. David Hudgins of Berkadia Newport News […]
Bon Secours names new Hampton Roads market president
Bon Secours has named Pat Davis-Hagens as its new Hampton Roads market president, the health system announced Tuesday. Davis-Hagens is currently the president of The Jewish Hospital – Mercy Health, in Cincinnati, Ohio, a role she has held since 2014. Bon Secours is part of the Bon Secours Mercy Health system. She will relocate to […]
ODU board names new rector, other officers
The Old Dominion University Board of Visitors has elected a new slate of officers, including former newspaper executive Bruce Bradley as rector, the university announced Monday. Bradley was the president of Landmark Publishing Group and executive vice president of Landmark Media Enterprises LLC before he retired, and he was previously president and publisher of The […]
W.M. Jordan Co. hires business development manager
W.M. Jordan Co. has hired Erica Viola as the firm’s business development manager, the Newport News-based construction firm announced on Aug. 3. Viola will focus on seeking new business and building relationships across the Hampton Roads region, according to a news release from W.M. Jordan. The Maryland native previously worked for civil construction firms Iron […]