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Hampton Roads

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Mar 3, 2026

TowneBank appoints new CIO

TowneBank announced Monday that it has appointed Varun Chandhok as senior executive vice president and chief information officer.

2025 Living Legends: ASTON JR., G. ROBERT
Mar 1, 2026

2026 Virginia Power 50 List: G. ROBERT ASTON JR.

EXECUTIVE CHAIRMAN TOWNEBANK SUFFOLK

Interest rates for 30-year mortgages fell in the second half of 2025, prompting more house sales in Virginia. Photo by Adobe Stock
Mar 1, 2026

Virginia housing market saw late 2025 recovery as rates eased

Virginia's housing market recovered late in 2025 with increased home sales and falling mortgage rates, while industrial growth continues in key regions.

In December 2025, Gov. Glenn Youngkin and LS Cable & System CEO Bon-kyu Koo announced LS Cable’s plans for a second major manufacturing campus in Chesapeake. Photo courtesy Hampton Roads Alliance
Mar 1, 2026

LS Cable’s $689M Chesapeake campus doubles investment

LS Cable will invest $689 million in a new manufacturing campus in Chesapeake, creating 430 jobs and doubling its total investment in the region by 2027.

CEL Critical Power’s new facility, which opened in summer 2025, was part of a $5.225 million investment. Photo courtesy CEL Critical Power
Mar 1, 2026

Hampton Roads leverages regional economic assets

Hampton Roads drives growth with $1.5 billion in investments across defense, energy, aerospace, and logistics sectors in 2025, boosting jobs and infrastructure.

Health Care 2025: MATHEIS, DENNIS
Mar 1, 2026

2026 Virginia Power 50 List: DENNIS MATHEIS

PRESIDENT AND CEO SENTARA HEALTH VIRGINIA BEACH

A 3D-printed mold for a hydropower impeller is printed using a wire arc additive manufacturing system. Photo by Carlos Jones, courtesy U.S. Department of Energy’s Oak Ridge National Laboratory.
Feb 25, 2026

Maritime manufacturing startup to invest $10.5M in Portsmouth

Radian Forge will invest $10.5M to grow its Portsmouth manufacturing operation to meet U.S. Navy production needs.

An affiliate of Yale Realty Services has purchased the Landstown Commons Shopping Center in Virginia Beach for $102 million. Photo courtesy Yale Realty Services
Feb 20, 2026

New York firm acquires Virginia Beach shopping center for $102M

An affiliate of Yale Realty Services has purchased the Landstown Commons Shopping Center in Virginia Beach for $102 million.

Norfolk International Airport's new U.S. Customs and Border Protection facility to process international arrivals opened in February 2026. Photo by Josh Janney
Feb 18, 2026

Norfolk airport debuts $25M international arrivals facility

Norfolk International Airport on Wednesday celebrated the opening of its new $25 million international arrivals facility.

The fourth ultra-large vessel berth and four all-electric cranes added at Norfolk International Terminals. Photo courtesy Port of Virginia
Feb 4, 2026

Port of Virginia expands to serve four ultra-large container ships at once

The Port of Virginia can now handle four ultra-large container vessels at once after adding four new cranes at NIT.

Hampton Roads law firm secures naming rights to The Dome
Feb 4, 2026

Hampton Roads law firm secures naming rights to The Dome

Hampton Roads law firm Rutter Mills has secured the naming rights to Virginia Beach's massive entertainment venue, The Dome.

Norfolk casino General Manager Ron Bailey leads a tour of the Interim Gaming Hall, which opened in November 2025. Photo by Kristen Zeis
Feb 1, 2026

Will new casino be a jackpot for Norfolk?

Norfolk’s $750M casino project is on track for 2027, but rising competition and lower tax projections raise revenue questions.

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