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Norfolk

Sep 29, 2024

Latest and greatest

By late spring, surf will be up at Atlantic Park on the former site of The Dome, Virginia Beach’s distinctive geodesic dome convention center and concert hall that was torn down in 1994. Atlantic Park, a $350 million mixed-use entertainment venue and surf lagoon project at the Oceanfront, is the highest profile project in the […]

Sep 27, 2024

Sentara to cut 200 jobs across workforce

Sentara Health is cutting approximately 200 positions across its workforce, officials told employees this week. Most of the affected employees work for Sentara Health Plans and are based in Virginia, according to a statement issued Friday by the Hampton Roads-based health system. The cuts are related to the Medicaid redetermination process and associated decline in […]

Sep 23, 2024

Va. casinos report $63.1M in August revenues

August gaming revenues for Virginia’s three casinos totaled $63.1 million, according to Virginia Lottery data released in September.  Last month, the Bristol Casino: Future Home of Hard Rock temporary casino reported about $15.94 million in adjusted gaming revenues (wagers minus winnings), of which about $13.29 million came from its 905 slots, and the remaining roughly […]

Sep 10, 2024

Norfolk Council moves delayed casino forward

Updated Sept. 11, 2024 Norfolk will have a temporary casino open by next November and a permanent resort in 2027 if all goes to plan, as the Pamunkey Indian Tribe and casino giant Boyd Gaming, its new corporate partner, received a fresh start on the long-delayed project from Norfolk City Council on Tuesday. City Council […]

ReAlta Life Sciences CEO David Marek
Aug 26, 2024

Norfolk biopharma company appoints CEO, chief R&D officer

Norfolk-based biopharma company ReAlta Life Sciences has appointed David Marek its CEO and Paolo Martini its chief research and development officer, the company announced Thursday. “I am confident that David and Paolo are the ideal leaders for these two pivotal roles,” Edward A. Heidt Jr., chairperson of ReAlta’s board of directors, said in a statement. […]

Aug 26, 2024

Virginia Housing board elects officers

Members of the Virginia Housing Development Authority’s Board of Commissioners elected Sarah Barrie Stedfast chair, the organization announced last week.  Stedfast is venture president at Norfolk‘s RW Towne Mortgage, a subsidiary of TowneBank Mortgage, and is active in the Virginia and Tidewater mortgage bankers associations. She has a degree in business finance from Virginia Tech.  [...]

A man wearing a blue balzer.
Aug 22, 2024

Fahrenheit Advisors hires Hampton Roads leader

Richmond consulting firm Fahrenheit Advisors has hired Stephen Hoy as managing director of business development for the Hampton Roads area, the company announced Monday.  Hoy will develop new relationships and support existing clients from Williamsburg to Virginia Beach.  Most recently, Hoy was director of sales and strategic partnerships for Strive, a California company that offers […]

Aug 15, 2024

Va. casino gaming revenues total $59.3M in July

Casino gaming revenues for Virginia’s three casinos totaled $59.3 million in July, according to Virginia Lottery data released Thursday. Also, the $500 million HeadWaters Resort & Casino in Norfolk, which has been in a holding pattern for the past several months, could be moving forward. The Norfolk Architectural Review Board will discuss new renderings for […]

Jul 30, 2024

Military Circle plans shift in new direction

The fate of Norfolk‘s closed Military Circle Mall has yet to be determined, but city officials are considering how the property could leverage sports tourism and offer retail and housing options. The city bought the 54-year-old, long-declining mall building and the surrounding 73 acres in 2020 for $11 million. As Norfolk seeks to repurpose the […]

A man wearing a suit and tie.
Jul 30, 2024

ODU names inaugural director of supply chain/logistics school

Old Dominion University has named Kuntal Bhattacharyya as inaugural director of its new School of Supply Chain, Logistics and Maritime Operations (SSCLMO), the university announced Tuesday.  Previously, Bhattacharyya worked as project director of Indiana State University’s Logistics 4.0 Innovation Hub, where students study artificial intelligence, machine learning and the management of logi[...]

Jul 26, 2024

Virginia Beach economic development director resigns

Charles E. “Chuck” Rigney resigned Wednesday from his post as Virginia Beach’s economic development director, city spokesperson Ali Weatherton-Shook confirmed Friday, following a report by The Virginian-Pilot.  Rigney had held the position officially for six months after serving as interim director for about eight months following the departure of the department’s former head, Tay[...]

Jul 18, 2024

Va. casinos report $59.5M in June revenues

June gaming revenues for Virginia’s three casinos totaled $59.5 million, according to Virginia Lottery data released July 15. June numbers broke a three-month streak in which the casinos brought in combined totals of more than $60 million, casinos.com noted this week.  Last month, the Bristol Casino: Future Home of Hard Rock temporary casino reported about […]

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