Va. Beach makes economic development head permanent
Charles E. “Chuck” Rigney Sr. has worked in economic development all over Hampton Roads; in Norfolk, Portsmouth and Hampton. Last February, he joined Virginia Beach‘s economic development team as a business development administrator and since June 2023, he has been the department’s interim director. Now he’ll keep the job permanently. The city announced his promotion [...]
Chartway Credit Union names chief retail officer
Melissa Cade has been promoted to chief retail officer at Chartway Credit Union, Chartway announced Monday. Cade has been with the Virginia Beach-based credit union for 24 years, many spent working with branches. In her new role, she will oversee the strategy and leadership of branch and member care teams and continue to spearhead Chartway’s […]
Dominion offshore wind farm earns final federal approvals
Richmond-based Dominion Energy has earned the final two federal approvals needed to move forward with the construction and operation of its $9.8 billion, 176-turbine offshore wind farm 27 miles off the coast of Virginia Beach. The Bureau of Ocean Energy Management granted final approval of the construction plan for the Coastal Virginia Offshore Wind (CVOW) […]
Cushman & Wakefield | Thalhimer promotes two SVPs
Two Cushman & Wakefield | Thalhimer commercial brokerage first vice presidents have been promoted, the Glen Allen-based real estate firm announced Friday. Wick Smith and Jenny Stoner are now senior vice presidents. Smith joined Thalhimer’s Virginia Beach office in July 2015 and specializes in retail sales and tenant representation. He works with operators of regional shopping […]
Virginia Beach Holiday Inn sells for $16.25M
A 307-room Holiday Inn in Virginia Beach sold for $16.25 million in mid-December 2023, according to city property records. The six-story Holiday Inn Virginia Beach – Norfolk, located at 5655 Greenwich Road, was built in 1981, property records show. It opened in 1982, according to a news release from commercial real estate firm CBRE, and […]
Virginia Chamber elects Va. Natural Gas president as board chair
The Virginia Chamber of Commerce has elected Robert Duvall, president of Virginia Natural Gas, to chair its board of directors, the chamber announced Thursday. Duvall succeeds Lakshmi Williams, North American general counsel of Transurban, who chaired the board in 2023. Duvall’s term as chair will last a year. At Virginia Natural Gas, Duvall is responsible […]
Groundworks hires CFO
Groundworks has hired Michael Mullican as its chief financial officer, the Virginia Beach-based foundation and water management solutions company announced Wednesday. Mullican will succeed Stephen Fry, who is retiring at the end of March. Mullican was previously president and CFO of sporting goods retailer Academy Sports + Outdoors, which is headquartered in a suburb of […]
Virginia Beach retail building sells for $5.5M
A retail building in Virginia Beach sold for $5.5 million on Dec. 18, 2023. Located at 5169 Virginia Beach Blvd., the freestanding retail building is 59,162 square feet, and the plot of land is almost 136,999 square feet, according to city property records. The current tenant is a Havertys Furniture store. 5169 VB BLVD LLC […]
Va. Beach Vision exec director to retire
Martha McClees, executive director of business advocacy group Virginia Beach Vision, plans to retire next year after 16 years, the organization’s board announced Tuesday. McClees, who joined VBV in 2008, said in a Nov. 30 letter to the board that she would retire May 31, 2024. The board, led by Virginia Wesleyan University President Scott […]
Site selectors conference coming to Virginia Beach
Area Development magazine will bring its national spring conference for site selection consultants and economic development officials to Hampton Roads. The Area Development Spring Consultants Forum is slated for June 10-12, 2024, at the Marriott Virginia Beach Oceanfront. Devoted to corporate site selection and relocation, the magazine typically holds two consultants’ forums annually in diff[...]
Va. Beach digital solutions company to add 300+ jobs
Virginia Beach-based Doma Technologies, a software company founded in 2000, will invest $3.7 million to expand in the city, adding about 307 jobs in the next three years and bringing its total to about 500 employees, Gov. Glenn Youngkin announced Thursday. The expansion will include a new 69,000-square-foot facility. Doma is currently located along London […]
Dominion offshore wind farm moves closer to final approval
Dominion Energy has passed another critical federal hurdle on its way to gaining approval to begin construction on its $9.8 billion, 176-turbine offshore wind farm 27 miles off the coast of Virginia Beach. The Bureau of Ocean Energy Management granted a favorable record of decision for the Richmond-based Fortune 500 electric utility’s 2.6-gigawatt Coastal Virginia […]