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Multifamily residences sell in Suffolk, Norfolk
An apartment complex in Norfolk and a townhouse community in Suffolk both sold this week, Colliers Virginia announced Friday. Beamons Mill Townhomes, at 224 Beamons Mill Trail in Suffolk, was sold by Outlier Realty Capital to The Apartment Gallery for $9.15 million. The 55-unit townhome community was built in the early 2000s. Each townhouse is […]
Diversity Leadership Series: Jack Ezzell and Angela Reddix
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. In our second event, held Sept. 30 […]
ODU board names new rector, other officers
The Old Dominion University Board of Visitors has elected a new slate of officers, including former newspaper executive Bruce Bradley as rector, the university announced Monday. Bradley was the president of Landmark Publishing Group and executive vice president of Landmark Media Enterprises LLC before he retired, and he was previously president and publisher of The […]
2 Va. companies land spots on $151M Navy IT contract
Two Virginia companies have landed spots on a $151 million contract to provide full IT lifecycle support to the Naval Facilities Engineering Systems Command’s core facilities, management, construction management and installation management systems. Norfolk-based Chitra Productions LLC and Fairfax-based AttainX Inc. will both do work alongside three other companies in Atlanta, Kansas and Ohio[...]
Recent commercial real estate deals in Hampton Roads
The following commercial real estate deals in Hampton Roads were announced the week ending Sept. 17 by local firms. A multi-tenant retail condo at The Strand at 3244 Holland Road in Virginia Beach sold for $2.02 million. The 10,200-square-foot building was purchased by a private investment group that will occuply one of the existing spaces. […]
Pamunkey Tribe names W.M. Jordan, Suffolk as Norfolk casino builders
Newport News-based construction company W.M. Jordan Co. will team up with a national firm, Suffolk, to build Norfolk‘s $500 million HeadWaters Resort & Casino project on the Elizabeth River, according to a Friday announcement from the Pamunkey Indian Tribe, the casino’s operator. Suffolk, which earns $4 billion in annual revenue and employs 2,500 people in […]
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 […]
Dominion Energy and Port of Va. reach lease agreement for offshore wind project
Dominion Energy Inc. and the Port of Virginia reached an agreement allowing Dominion to lease 72 acres of the Portsmouth Marine Terminal, Gov. Ralph Northam announced Wednesday. Dominion Energy will use its portion of the 287-acre terminal, one of the Port of Virginia’s two multiuse terminals in the Norfolk Harbor, as a staging and pre-assembly […]
Two Va. companies among group that won $950M Navy contract
Two Virginia federal contracting companies were part of a group of companies that won a maximum $950 million construction contract from Naval Facilities Engineering Systems Command (NAVFAC) Mid-Atlantic, Norfolk. Along with six other contractors, they can compete for task orders under the terms of the contract, the Department of Defense announced Friday. Virginia Beach-based S.B. […]
Proposals for Norfolk’s Military Circle Mall redevelopment narrowed to 3
Three groups have submitted full proposals to the city of Norfolk to redevelop Military Circle Mall. In late 2020, Norfolk put out a call for developers to turn the struggling mall into a thriving mixed-use community. The city narrowed the list to four, but on Friday, just three proposals were released by the city, including […]
Norfolk software company to expand, create 37 jobs
A Norfolk-based software company will expand its operation and create 37 jobs, Gov. Ralph Northam announced Thursday. SVT Robotics, a company that accelerates the deployment of industrial robotics, will invest $101,400 to expand in the Ghent area of Norfolk. The company will build a lab to house robotic equipment used to demonstrate its proprietary platform […]
Inova Fairfax Medical Campus captures No.1 state ranking
Inova Fairfax Medical Campus unseated University of Virginia Medical Center as the best hospital in Virginia in U.S. News and World Report’s annual list of the best hospitals in the nation, which was released Tuesday. The Inova facility was also ranked as the top hospital in the Washington, D.C. area. “We are extraordinarily proud to […]
