Tight housing markets continue in NoVa, Hampton Roads
Home sales in Northern Virginia in June were up 3.6% from the previous month, but still down 16% compared with the same period a year ago, according to a report from the Northern Virginia Association of Realtors released Wednesday. “Many factors” are pointing to the region’s market normalizing when comparing it to five-year trends, the report […]
Fairwinds Landing project breaks ground in Norfolk
Developers broke ground Thursday morning on the Fairwinds Landing maritime operations and logistics center supporting Hampton Roads’ offshore wind, defense and transportation industries. The development project at Norfolk Southern Corp.’s Lambert’s Points Docks in Norfolk is being spearheaded by Fairwinds Landing LLC, a partnership between The Miller Group, Balicore Constructio[...]
United Way of South Hampton Roads names new leader
Mark Uren will be the new president and CEO of the United Way of South Hampton Roads, the organization announced Tuesday. He starts in the role on July 17. Michele Anderson, the regional United Way’s previous CEO, left the organization in January. Kristel Fitzgerald, chief operating officer, and Kelsey Mohring, chief marketing and strategy officer, […]
Hampton Roads warehouses sell for $8.4M
A portfolio of three warehouses in Hampton Roads sold for $8.4 million in mid-May. Tidewater Fleet Supply, an independent distributor of fleet, truck, trailer and heavy equipment parts, leases the properties. Located at 3666 Progress Road, the Norfolk warehouse sold for $6.03 million, according to city property records. The parcel is approximately 4.82 acres. At […]
Remembering Harvey Lindsay Jr.
Harvey L. Lindsay Jr., chairman of Harvey Lindsay Commercial Real Estate, died April 19 at the age of 93. In addition to his nearly 70-year career in real estate, Lindsay was a Korean War veteran, an active volunteer in Hampton Roads civic organizations and an early civil rights activist. “Harvey was an eternal optimist and […]
Navy awards $1.1B more for sub construction
General Dynamics Corp.’s Groton, Connecticut-based Electric Boat Corp. has received nearly $1.1 billion more from the Navy to continue building Virginia-class submarines, and its teammate, Newport News Shipbuilding, has received a $305 million chunk of that award to procure long-lead time material and components for the next two hulls. The contract modification, announced by the […]
Hampton Roads housing inventory rises, listings still low
Residential inventory in Hampton Roads has risen slightly from last year, although active listings remain below pre-pandemic levels, according to April data from the Real Estate Information Network Inc. (REIN). Active listings in April were down 0.97% year-over-year from the 3,187 listings that REIN recorded in April 2022. Pending sales stood at 2,363, down 21% […]
Hampton Roads Chamber exec retires
In her 33 years with the Hampton Roads Small Business Development Center, Debra Hamilton Farley helped launch 252 businesses that created more than 9,000 jobs. Now, she’s taking a break — Farley retired on April 28. “Debra’s contributions to the small businesses community she has served over her sterling career is invaluable,” said Bryan Stephens, […]
757 Collab announces promotions
After announcing a new managing director in April, 757 Collab announced more leadership changes and promotions to its umbrella organization May 3. Hunter Walsh, previously a program manager for 757 Startup Studios, a coworking space in Norfolk where selected entrepreneurs can set up offices at no cost and receive mentoring, became its director on May […]
Harvey Lindsay Jr., Norfolk real estate icon, dies at 93
Harvey L. Lindsay Jr., chairman and former president of Harvey Lindsay Commercial Real Estate, died Wednesday at the age of 93, the Norfolk firm announced Thursday. In addition to his nearly 70-year career in real estate, Lindsay was a Korean War veteran and an active volunteer in Hampton Roads civic organizations, as well as an […]
Civic Leadership Institute names new CEO
Mary Kate Andris has been named the next president and CEO of the Norfolk-based Civic Leadership Institute in Hampton Roads. Civic aims to connect executive leaders to improve life in Hampton Roads and runs an eight-month executive program, recognizes philanthropic leaders with its Darden Awards and hosts a scholars program for Old Dominion University and […]
Hampton Roads Shipping Association taps new president
The Hampton Roads Shipping Association has named Jeremy Bridges its new president, effective May 1. Bridges will succeed Roger Giesinger, who has led the nonprofit, Norfolk-based trade association for the past 28 years. Giesinger, who announced his retirement last year, will stay on as president emeritus for a brief transition period. Bridges comes to HRSA […]