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Virginia Beach

fiber optics
Apr 25, 2025

FiberLight to acquire York County-based fiber provider

Georgia-based fiber optic networks provider FiberLight announced last week it has entered into a definitive agreement to acquire York County-based Metro Fiber Networks.

Lake Taylor Pointe Apartments in Norfolk were completed in April 2025. Image courtesy The Breeden Co.
Apr 25, 2025

The Breeden Co. completes $43M apartment complex in Norfolk

Virginia Beach-based real estate development firm The Breeden Co. announced Thursday that it completed construction on a 198-unit multifamily community in Norfolk, located near Norfolk International Airport.

A rendering of the planned Pembroke Square Tempo building. Rendering courtesy Pembroke Square Associates
Apr 22, 2025

Pembroke Square hotel set to open in 2027, two years late

The seven-story Tempo by Hilton hotel being planned for Virginia Beach‘s Pembroke Square development is expected to open in 2027 — about two years later than originally announced. Developers on Tuesday revealed the new construction timeline of the hotel, along with several other updates on the $200 million redevelopment of the former Pembroke Mall, including […]

Apr 21, 2025

Norfolk State breaks ground on $118M science building

Norfolk State University on Friday broke ground on a $118 million science building. The new 131,376-square-foot facility, which is being built on the northwest side of the HBCU’s main campus, will replace the Roy A. Woods Science Building. Once complete, it will house teaching and research labs, classrooms, a planetarium, a greenhouse and student-centered collaboration […]

Interior Secretary Doug Burgum speaks with a reporter outside the West Wing of the White House, Thursday, April 10, 2025, in Washington. (AP Photo/Mark Schiefelbein)
Apr 17, 2025

Trump administration issues order to stop construction on New York offshore wind project

The Trump administration has issued an order to stop construction on a major offshore wind project to power more than 500,000 New York homes, the latest in a series of moves targeting the industry. Interior Secretary Doug Burgum on Wednesday directed the Bureau of Ocean Energy Management to halt construction on Empire Wind, a fully-permitted […]

Suffolk-based TowneBank plans to acquire Old Point Financial Corporation, the parent company of The Old Point National Bank of Phoebus. Photo by AdobeStock
Apr 3, 2025

TowneBank to acquire Old Point in $203M deal

Suffolk-based TowneBank announced plans Thursday to acquire Old Point Financial, parent company of The Old Point National Bank of Phoebus, in a deal valued at $203 million. The merger, which is expected to enhance TowneBank’s position as the bank with the most market share in Hampton Roads, follows the April 1 completion of TowneBaTowneBank’s $120 […]

Virginia Beach-based Groundworks President and Chief Financial Officer Mike Mullican (left) and Chief Operating Officer Jeffrey Martin received promotions in March 2025. Photo courtesy Groundworks
Mar 21, 2025

Virginia Beach-based Groundworks names new president, COO

Groundworks, a Virginia Beach-based foundation and water management solutions company, has promoted two senior executives to president and chief operating officer. Michael Mullican, who joined Groundworks over a year ago as chief financial officer, has been named president and retains his CFO title, and Jeffrey Martin, most recently Groundworks’ chief revenue officer, is now COO, […]

A Neptune statue overlooks a walkway in the center of the photo. A hotel is visible on the right side.
Mar 7, 2025

Defense optics manufacturer to open Virginia Beach facility

Vidarr, which makes night vision goggles and other defense optical equipment, will invest $2.69 million over the next three years to open a manufacturing facility in Virginia Beach, a project estimated to create 40 jobs, Gov. Glenn Youngkin announced Friday. The New Hampshire company’s manufacturing facility is moving into a 16,410-square-foot building located at 2656 […]

Mar 4, 2025

Retired Newport News Shipbuilding prez joins Armada Hoffler board

Virginia Beach-based real estate investment trust Armada Hoffler announced Monday that it has appointed former Newport News Shipbuilding President Jennifer Boykin to the company’s board of directors. “We are excited to welcome Mrs. Boykin to our board of directors,” Armada Hoffler President and CEO Shawn Tibbetts said in a statement. “Her extensive leadership experience and […]

Feb 27, 2025

Petersburg City Council grants zoning approval for $1.4B casino resort

Petersburg City Council and Planning Commission unanimously gave final approval Tuesday for the zoning permits for Live! Casino Resort — paving the way for site development work to start in preparation for the construction of the multi-phase project. The $1.4 billion casino resort, which will be built on an undeveloped 100-acre site at the intersection […]

A man wearing a navy blue blazer
Feb 4, 2025

Virginia Beach hires economic development director

Virginia Beach has hired a new director of economic development. City Manager Patrick Duhaney appointed Christian Green to the post, and he will join the city Feb. 24, according to a Tuesday announcement. Green follows Charles E. “Chuck” Rigney, who resigned from the job in July 2024. In an August 2024 article in The Virginian-Pilot, […]

A woman wearing a purple blazer.
Jan 31, 2025

Breeden regional director retires after 28 years

After nearly three decades at The Breeden Co., Debbie Gordon retired Friday, according to an announcement from the Virginia Beach real estate development and property management company. Gordon, regional director of Breeden’s multifamily property management division, joined the company in 1997. Under Gordon’s leadership, the company successfully reached the break-even occupancy rate fo[...]

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