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Hampton Roads home sales down in November
Home sales in Hampton Roads were down in November, both compared with October and November 2022, the Real Estate Information Network (REIN) reported in December. A total of 1,690 settled sales were down 10.77% from October and 12.12% from November 2022, according to REIN. Pending sales were also down 7.69% compared with October and 7.16% […]
Riddle Associates names new president
Riddle Associates, a Chesapeake-based commercial industrial real estate brokerage, promoted Lindsey Riddle Elliott to president and principal broker in November, the brokerage announced Wednesday. Elliott formerly served as executive vice president and has been with Riddle for 15 years. She replaces her father, Robert L. Riddle, who founded the firm in 1988 and is now […]
Va. Beach Vision exec director to retire
Martha McClees, executive director of business advocacy group Virginia Beach Vision, plans to retire next year after 16 years, the organization’s board announced Tuesday. McClees, who joined VBV in 2008, said in a Nov. 30 letter to the board that she would retire May 31, 2024. The board, led by Virginia Wesleyan University President Scott […]
Sentara takes sole ownership of Velocity Urgent Care
Sentara Health is now the sole owner of Velocity Urgent Care, the Norfolk-based health system announced Monday. In 2017, Sentara partnered with Velocity and transferred the operations of seven Sentara Urgent Care facilities to its joint venture with Velocity and a third party. Now Sentara, which declined to name the third party, is taking over […]
Hampton Roads hotel revenues outpace Va., country
Hotel revenues in Hampton Roads outpaced Virginia and the nation through October, according to a report from Old Dominion University’s Dragas Center for Economic Analysis and Policy, citing data from STR, a division of CoStar Group that provides market data on the U.S. hospitality industry. Through October, hotel revenues were 22.8% higher in Hampton Roads, […]
Siemens Gamesa cancels $200M Portsmouth wind blade factory
Amid failing turbine components and financial challenges, Siemens Gamesa Renewable Energy said Friday it has “discontinued” its plans to build the nation’s first offshore wind-turbine blade manufacturing facility at the Port of Virginia’s Portsmouth Marine Terminal. “Siemens Gamesa will continue to meet our obligations for the Coastal Virginia Offshore Wind project. [...]
Massive foundation posts arrive for Dominion’s offshore wind farm
The first eight monopiles, the wind-turbine foundation posts for Dominion Energy’s $9.8 billion offshore wind farm, arrived at Portsmouth Marine Terminal on Oct. 19, and state officials and Dominion executives celebrated their arrival from Germany Friday. In a ceremony Friday, Gov. Glenn Youngkin, Dominion Chair, President and CEO Bob Blue and state and local dignitaries […]
John ‘Dubby’ Wynne dies at 78
John O. “Dubby” Wynne only had one setting: giving 110%. He didn’t know how to do any less than that, even after years as a successful media executive who helped launch The Weather Channel, the 24-hour cable weather news channel. Instead of slowing down after his retirement as president and CEO after 27 years working […]
Newport News Shipbuilding names trades VP
Newport News Shipbuilding has promoted a third-generation shipbuilder to vice president of trades. David Horne has served since 2022 as senior director of trades. His promotion comes following a split of the shipbuilder’s human resources and administration department and trades department into two standalone groups. Xavier Beale, who held both roles, will continue as vice […]
Hampton Roads real estate veteran to retire
Lisa Chandler, president and principal broker of Berkshire Hathaway HomeServices RW Towne Property Management, announced her retirement Wednesday. Chandler will leave at the end of October after more than 40 years in real estate. Berkshire Hathaway and Virginia Beach-based Rose & Womble Realty merged in March, bringing more than 750 real estate agents together. Chandler […]
Flying high
Norfolk International Airport is on track to have the best year since its 1938 opening. In June, the airport reported a 7.5% increase in passenger activity, with 431,637 passengers — up from last June’s figure of 401,517, marking the largest number of June passengers in the airport’s history. During the first six months of 2023, […]
An overview of Hampton Roads
With a population of 1.79 million people in 17 localities, Hampton Roads is the second most populated region of Virginia, just behind Northern Virginia. Virginia Beach, with approximately 457,000 residents, is the commonwealth’s biggest city by population, and neighboring Norfolk has the highest density in the region, with 4,467 people per square mile, according to […]
