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Peninsula

Mar 27, 2025

Statewide home sales declined in February

Virginia home sales slowed in February, according to statewide sales data released Tuesday by Virginia Realtors. The trade association reports that there was a pullback in closed sales in February, with 6,129 homes sold statewide. That’s 604 fewer sales than last February — a 9% decrease. “Some of this was likely due to winter weather […]

Feb 27, 2023

Building momentum

From olive oil to space rockets, 2022 saw a variety of companies seeking to invest — or reinvest — in the Hampton Roads region and Eastern Virginia. That kind of diversity of industries augurs well for the region’s economy, says Vinod Agarwal, professor of economics at Old Dominion University’s Strome College of Business. “In the […]

Feb 11, 2022

Newport News apartments sell for $51M

The Cottage Grove Apartments complex in Newport News has been sold for $51 million. New York-based real estate company Beachwold Residential LLC sold the 112 building complex with 552 units to Virginia Beach-based real estate firm Featherstone Partners. The complex was originally built in 1948 and renovated in 2009. Featherstone plans to add amenities and […]

The Virginia Beer Co. brewery is a popular hangout in the Edge District, the burgeoning restaurant and entertainment district where the York and James City county borders meet the city of Williamsburg. Photo by Mark Rhodes
Dec 31, 2021

Better together

“Cooperation” is a word Jim Noel uses a lot these days when speaking about the Greater Williamsburg region, which encompasses the city of Williamsburg and York and James City counties. As York County’s economic development director, Noel has watched as one of the most historically significant areas of the nation has worked to revive and […]

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