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Massive foundation posts arrive for Dominion’s offshore wind farm
The first eight monopiles, the wind-turbine foundation posts for Dominion Energy’s $9.8 billion offshore wind farm, arrived at Portsmouth Marine Terminal on Oct. 19, and state officials and Dominion executives celebrated their arrival from Germany Friday. In a ceremony Friday, Gov. Glenn Youngkin, Dominion Chair, President and CEO Bob Blue and state and local dignitaries […]
DroneUp promotes chief growth officer
Virginia Beach-based DroneUp has promoted Rishap “Rish” Malhotra to be its growth officer, a newly created position at the autonomous drone delivery company. Malhotra had been DroneUp’s senior vice president of corporate development, and heading up the company’s mergers and acquisitions will be part of his new job, which the company announced Thursday. He will […]
Virginia Tech receives $10M gift for endowed scholarship
Preston White, the founder of Virginia Beach-based concrete contractor Century Concrete, and his wife, Catharine, have donated $10 million to Virginia Tech to create an endowed scholarship, the university announced Tuesday. The Whites’ latest gift to Tech, the Preston and Catharine White Endowed Diversity Scholarship, will eventually provide scholarships of $5,000 to $7,500 to about [&hellip[...]
Virginia Natural Gas names chief admin officer
Virginia Natural Gas has named Shannon Pierce as its vice president of strategy and chief administrative officer, the Virginia Beach-based utility announced Monday. Pierce, a native of Surry, most recently served as vice president of growth and chief external affairs officer at SouthStar Energy Services, a subsidiary of VNG’s parent company, Southern Company Gas. She […]
Space race
Leaders of a regional engineering firm figured finding office space in the Town Center of Virginia Beach would be a breeze. Newspapers were reporting that demand for offices was down nationally. But that isn’t the case in the Hampton Roads area, where the office vacancy rate was 8.1% for the first quarter of 2023, according […]
Under construction
Atlantic Park Virginia Beach Proposed in 2017 by music icon Pharrell Williams and Venture Realty Group, Atlantic Park finally got underway in March with a groundbreaking on the first phase of the $350 million surf park project. Phase one will involve 10.95 acres, including 309 multifamily units, 10,000 square feet of office space, a 70,000-square-foot […]
The Pharrell factor
Some celebrities seem to forget their roots. Fortunately for Hampton Roads, Pharrell Williams is not that kind of star. The Grammy-winning musician with a worldwide following has invested in the area repeatedly over the past several years and is poised to continue. Even as his career took a new path this year when he was […]
RVA757 Connects releases plan for global internet hub
RVA757 Connects, a nonprofit focused on regional cooperation for economic development in Richmond and Hampton Roads, released on Thursday its 10-point strategic plan for transforming the “megaregion” into the next global internet hub. Virginia is already home to the world’s largest internet hub in Loudoun County’s Ashburn area, which has the world’s greatest concentration of [...]
Amazon to open fulfillment, delivery facilities in Va. Beach
Amazon.com will launch a fulfillment center and delivery station in Virginia Beach, creating an estimated 1,000 full-time jobs, Gov. Glenn Youngkin announced Monday. Groundbreaking began Monday, according to Ian Allen-Anderson, an Amazon spokesperson. The fulfillment center will be located at the intersection of Harpers and Dam Neck roads, and the delivery station will be “at […]
Sandpaper manufacturer to expand in Va. Beach
Hermes Abrasives USA, the U.S. subsidiary of Hamburg, Germany-based Hermes Abrasives, will invest $5.6 million in a Virginia Beach expansion that will add an estimated 30 jobs, Gov. Glenn Youngkin announced Wednesday. Hermes Abrasives manufactures coated and bonded abrasives and grinding tools. The company will return its narrow belt production line to its Virginia Beach […]
Chartway Credit Union names chief legal officer
Melissa Stratton Moffa is Chartway Credit Union’s new chief legal officer, the Virginia Beach-based credit union announced Tuesday. Moffa was most recently Tysons-based Pentagon Federal Credit Union’s senior director, associate general counsel and privacy officer. “We are thrilled to have Melissa on board. Her experience in mergers and acquisitions and her background working at a[...]
Groundworks promotes two execs to C-suite
Virginia Beach-based Groundworks has promoted two employees, including one to chief sales officer and another as chief revenue officer, the foundation and water management solutions company announced Thursday. Ben Flowers has been promoted from vice president of Groundworks’ southern division to chief sales officer, a new role for the company. Flowers will lead its sales […]
