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2021 Virginia Business Person of the Year: Bruce Thompson
Standing on a hill overlooking the Atlantic Ocean, the Cavalier Hotel is a callback to a time when Virginia Beach was a sleepy little resort town inside Princess Anne County. Opened in 1927 as the largest brick building in the state, the Cavalier was a product of the Jazz Age. Over the years, the Y-shaped […]
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 […]
Va. expands Elizabeth River Tunnels toll relief program
The commonwealth of Virginia and Elizabeth River Crossings OpCo LLC have partnered to expand the Toll Relief Program, Gov. Ralph Northam announced Monday. Elizabeth River Crossings, partly owned by Spanish company Abertis Infraestructuras S.A, owns Elizabeth River Tunnels, and the program, which was established in 2016, will reduce Downtown and Midtown Tunnel tolls for those […]
Operation Next expands to Hampton Roads
Operation Next, a federally backed advanced manufacturing workforce development program for military veterans and their spouses, has expanded to Hampton Roads. The Maritime Base Industrial Ecosystem (MIBE) will recruit service members and their spouses to enroll in the program and will guide them to attain portable and nationally recognized credentials from the National Institute of […]
Getting ahead, giving back
Brought to you by Virginia Business and Bank of America, join us every other month for the Diversity Leadership Series — virtual fireside chats with a diverse group of Virginia business leaders sharing their insights and thoughts on leadership, their career paths and diversity and equity. The second installment in our series took place Sept. […]
Virginia wins $5M DOD grant to train shipbuilding workers
Virginia won a $5 million U.S. Department of Defense grant to train workers in defense manufacturing industries, particularly shipbuilding, in Danville and Hampton Roads, Gov. Ralph Northam announced Friday. The grant will go to the Virginia Defense Manufacturing Community, which brings together the Institute for Advanced Learning and Research in Southern Virginia and Old Dominion […]
Hampton Roads State of the Region report shows slow recovery
The Hampton Roads region is slowly recovering from pandemic-spurred economic distress but has lost a large chunk of its workforce, according to Old Dominion University’s Dragas Center for Economic Analysis & Policy’s 2021 State of the Region Report released Tuesday. Hampton Roads’ labor force and individual employment levels peaked in February 2020, only to be […]
Sentara Healthcare names president of Suffolk hospital
David J. Masterson will become president of Sentara Obici Hospital in Suffolk on Nov. 8, Sentara Healthcare announced Wednesday. “I’m looking forward to being part of the community in Suffolk and Western Tidewater,” Masterson said in a statement. “It’s a fast-growing region and I want to help ensure that Sentara Obici Hospital and Sentara BelleHarbour […]
Bank of America names new Hampton Roads president
Francisco “Frank” Castellanos has been named the Hampton Roads region president for Bank of America, the bank announced Monday. Castellanos comes to Bank of America from Merill Lynch Wealth Management, where he was the market executive for greater Virginia and a market integration executive. He previously worked in Bank of America’s policy office, concentrating on […]
Del Taco expands to Virginia with 10 locations
California-based Del Taco Restaurants Inc. is expanding its taco empire into Virginia with 10 new locations, the company announced Monday. Del Taco signed a deal with Virginia Beach-based franchise group Virginia Taco. The nation’s second-largest Mexican quick service restaurant will have locations in Virginia Beach, Chesapeake, Portsmouth, Norfolk, Hampton and Newport News. The exact locati[...]
Amazon opens career center, two distribution facilities in Hampton Roads
Amazon.com Inc. has launched a career center and two delivery stations in Hampton Roads, it announced Wednesday. The Amazon Career Center opened last week at 1989 S. Military Highway in Chesapeake and will serve as a hiring and orientation hub for Amazon’s facilities in Chesapeake, Suffolk, Norfolk, Hampton and Virginia Beach. One delivery station opened […]
Manifest destiny
Taking on a new job during a pandemic could spell rough waters, particularly if the job relies on global commerce. But the past eight months largely have been smooth sailing for Stephen Edwards, the new CEO and executive director of the Virginia Port Authority, which oversees the Port of Virginia. Edwards came onboard in January, […]
