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$450M Navy housing project in Newport News slated to begin this summer
Newport News Mayor Phillip Jones announced Monday that a $450 million downtown development is expected to begin construction this summer.
TowneBank sells resort property management segment for $250M
Suffolk-based TowneBank announced Monday it has sold its Towne Vacations division for $250 million to Bellcrest Vacations Acquisitions.
Colonna’s Shipyard hires new CFO
Norfolk-based Colonna’s Shipyard has appointed Brian Waterfield to be its new chief financial officer, effective Monday.
Port of Virginia completes $450M dredging project
The Port of Virginia has finished a $450 million project to dredge commercial shipping channels and Norfolk Harbor to 55 feet deep.
CV International, Capes tap new executives
CV International last week announced that it has promoted vice president Cary Hagen to chief commercial officer.
TowneBank appoints new CIO
TowneBank announced Monday that it has appointed Varun Chandhok as senior executive vice president and chief information officer.
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.
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.
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.
2026 Virginia Power 50 List: DENNIS MATHEIS
PRESIDENT AND CEO SENTARA HEALTH VIRGINIA BEACH
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.
