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Real world learning

In 2021, colleges and universities got back to semi-normal, holding more classes in person and hosting sporting events and commencement ceremonies. Many institutions required students, faculty and other employees to be vaccinated against COVID-19 last fall, and some schools also mandated booster shots.

In Hampton Roads, three institutions — Old Dominion University, Norfolk State University and Eastern Virginia Medical School — signed an agreement in August 2021 to establish the state’s first school of public health, with the state contributing $5 million to the project and Sentara Healthcare pitching in $4 million in grant funding to support the accreditation process.

In Northern Virginia, the University of Virginia, Virginia Tech and George Mason University all made progress toward expansion last year. Tech broke ground on its $1 billion Innovation Campus in Alexandria in September 2021, starting construction of the $302 million Academic Building 1, scheduled to open in August 2024. Major corporate donors include The Boeing Co., which has pledged $50 million to promote diversity, and Northrop Grumman Corp., which gave $12.5 million toward a quantum information science and engineering center.

U.Va., meanwhile, set the stage for its growth in Fairfax and Arlington counties, rebranding its northern presence as UVA|NOVA in December 2021. Graduate-level business and executive education programs are set to expand at U.Va.’s Rosslyn location, and growth also is expected around the Merrifield area of Fairfax, where U.Va.’s medical school has a northern outpost on Inova Health System’s campus.

Also in Arlington, GMU is set to open the $168 million building that will house its Institute for Digital InnovAtion and School of Computing by summer 2025.

For Mason and Virginia Tech, the new buildings are part of their efforts to graduate many of the 31,000 computer science and engineering graduates the state has promised to deliver within 20 years. Virginia’s Tech Talent Investment Program was a major part of the state’s campaign to woo Amazon.com Inc.’s HQ2 East Coast headquarters. Eleven universities are part of TTIP, but Mason and Tech shoulder the majority of the responsibility.

Other universities and colleges are focusing their efforts on workforce training in other sectors with talent gaps, including data science, cybersecurity, wind energy and health care. Gov. Ralph Northam’s $36 million “G3: Get Skilled, Get a Job, Get Ahead” initiative, making community college tuition free for low- and middle-income students pursuing jobs in data analysis, cybersecurity, information technology and other high-demand fields, was signed into law last year.

The past year also saw some significant leadership changes and announcements. Glenn DuBois, chancellor of the Virginia Community College System since 2001, announced last August that he plans to retire in June, having led the 23-college system through three strategic plans. Radford University President Brian Hemphill moved east in June 2021 to become Old Dominion University’s president after the retirement of John Broderick. Bret Danilowicz, Florida Atlantic University’s provost, is set to become Radford’s next president this summer.

Christopher Newport University President Paul S. Trible Jr. is stepping down in August but will remain on staff as chancellor through the 2022-23 academic year. The university has launched a national search for a new president, who is expected to take office in summer 2023.

Hampton University’s William R. Harvey, who has led the private HBCU since 1978 and is one of the nation’s longest tenured university presidents, announced he will be retiring this summer.

Virginia Military Institute appointed retired U.S. Army Maj. Gen. Cedric T. Wins as its permanent superintendent in
April 2021, six months after he was chosen as interim superintendent. Wins returned to his 1985 alma mater at a time of crisis, as Northam launched a state investigation into the school’s culture amid reports of racism. The report, released last June, revealed numerous instances of racist behavior but also sexual assaults against female cadets and staff.

Wins has hired VMI’s first diversity officer and proposed an expanded Title IX office, but some alumni and current cadets are pushing back against the changes, according to recent news reports. 

 

Hubs and spokes

Economic conditions bounced back across many sectors in 2021, but the COVID-19 pandemic still impacted development deals occurring in Virginia. The state saw a great deal of focus on manufacturing and supply chain growth, areas expected to stay busy despite the recent change in state political leadership.

In Hampton Roads, many of the region’s major deals centered on the Port of Virginia and Dominion Energy Inc.’s burgeoning offshore wind farm 27 miles off the Virginia Beach coast. Spanish turbine manufacturer Siemens Gamesa Renewable Energy S.A. announced in October 2021 that it was building a turbine parts production plant in Portsmouth. Set to be finished in early 2023, the $200 million project is expected to create more than 300 jobs. Even more significantly, it sets the stage for more potential development in the region’s quest to become a national wind energy supply chain hub.

The port’s Portsmouth Marine Terminalx is also being leased by Dominion Energy Inc. as a staging area to deploy equipment to build the 180 turbines for its $9.8 billion wind farm.

“We’re going to be able to service offshore wind for all of the East Coast right out of Hampton Roads,” then-Gov. Ralph Northam said in a November 2021 interview with Virginia Business. “That’s billions of dollars that we have now to pick up jobs, and so that’s a big deal.”

Another major factor in manufacturing opportunities: Transportation improvements, including railway and road projects. The expansion of Interstate 81, the $3.8 billion Hampton Roads Bridge-Tunnel project and the $1.9 billion bridge that will run parallel to the Long Bridge across the Potomac River are all expected to speed up delivery times and efficiency.

Meanwhile, the $350 million dredging projects to create the deepest and widest port on the East Coast in Norfolk Harbor are set to be completed by 2024. That will bring more traffic to the port, which already saw increased interest from shippers last year as West Coast ports experienced significant delays in processing cargo. 

In February 2021, shipping and logistics company CMA CGM Group announced it would expand its North American headquarters in Norfolk, creating 400 jobs and investing $36 million. There’s more business in Danville and Richmond, too, port officials note, because of faster turnaround times for deliveries from Hampton Roads ports.

Other areas of interest are pharmaceutical and medical supply chains — two sectors that were hit hard during the early days of the pandemic. In the Petersburg area, a group of pharma companies are growing a manufacturing hub to produce a national supply chain for essential medicines at risk for shortages. In May 2021, AMPAC Fine Chemicals, which reactivated its plant in 2019, announced it would create 125 jobs and expand its facility, and Civica Inc. has built its own plant nearby, creating 186 jobs. Phlow Corp., which won a $354 million, four-year federal contract in 2020 to produce medications, is partnering with both companies.

In Southwest Virginia, 2021’s big news was the October announcement that a glove manufacturer planned to invest $714 million in a new nitrile glove manufacturing plant in Wythe County, creating about 2,500 jobs. Similar to the pharmaceutical companies, Blue Star NBR LLC officials say that the demand for domestically produced personal protective equipment — and subsequent supply shortages — have prompted growth in the industry.

More recently, Virginia’s new governor, Glenn Youngkin, has said that he will focus more attention on building up the state’s industrial sites, making sure properties are ready for immediate development by companies seeking to locate here.

“Manufacturing has to be an industry of growth for us,” Youngkin said in a Virginia Business interview late last year. “We are not being considered for a lot of manufacturing footprint in aerospace and in automotive. We absolutely have to retool with site development to make sure that we have physical sites for these businesses to come build on and invest in.” 

Fed still likely to raise rates, despite Russia-Ukraine conflict

Federal Reserve Bank of Richmond President and CEO Thomas Barkin said Thursday that he hopes to bring interest rates up to pre-pandemic levels “relatively quickly,” while noting that it’s hard to predict the future effect of the geopolitical conflict between Russia and Ukraine on the nation’s economy.

Speaking at a luncheon in Colonial Heights hosted by the Virginia’s Gateway Region economic development organization, Barkin said the last time Russia invaded Ukraine in 2014 — when it took over two regions, unlike this week’s action to control the entire nation — it did not have a significant impact on the U.S. economy. The economic impact could also be low this time around, he added, but it depends on how many other nations get involved and how Russia responds.

“The Russian economy and Ukrainian economy are relatively segmented,” Barkin said. “From the U.S., we have some exposure — oil prices, wheat, nickel, those kinds of things and commodities. But you and I can both speculate on other ways this thing could escalate. And it’s particularly around the ‘tit for tat.’ We might be more aggressive on sanctions, [and] they might be more aggressive, whether that be energy markets or cyber. … Those are things that could affect growth in the economy.”

Barkin called the invasion news “unsettling,” creating more uncertainty after two years of pandemic-related economic fluctuation. It’s possible that cyberattacks, such as the one that impacted the Colonial Pipeline last year and caused gasoline shortages in Virginia and other East Coast states, could develop, or that oil prices rising across Europe could lead to “significant price spikes” and supply chain stress, he added.

The Fed board is set to meet in March, with many watchers expecting an interest rate boost, after nearly two years with rates at close to zero. Barkin said most of the board members want to raise rates to a “highly normalized” level, although he did not speak in specific terms about what could happen at next month’s meeting. The New York Times reported Thursday that several officials on the board have signaled in recent days that the invasion will not affect plans to raise rates.

Barkin said that the national unemployment rate, at 4% in January, was relatively low and that the economy’s recovery since May 2020 was “the fastest recovery in our memory. The economy is already bigger than it was pre-pandemic, and by the end of this quarter, most forecasts say it’ll be higher than even the pre-pandemic trend. Underlying demand looks very robust. Personal balance sheets are very healthy. Business balance sheets are very healthy.”

He also predicted that inflation — which rose to 5.8% last year, according to the Fed — would be “somewhere in the threes” range by the end of 2022. Barkin also said that prices of goods, which rose significantly during the first part of the COVID-19 pandemic, would lower “massively” in coming months, although prices of services would rise.

The reason behind the rise in service costs, as well as a significant factor in overall inflation, is wage pressure, Barkin noted. “Are retirees gonna come back to the workforce, or parents [going to] come back to the workforce? Is COVID going to subside to the level at which people no longer fear going into work? These [are] all important questions, because the larger the workforce, the less the pressure on wages. The less the pressure on wages, the less the pressure on prices.”

But with unpredictable COVID variants and families still struggling with child care, Barkin said he expects the tight labor market “lasting a while.”

Answering an audience question, Barkin said that although he doesn’t see the need for Congress to immediately reduce the national debt, which is now at $30 trillion, he believes legislators will need to take action to reduce the debt-to-GDP ratio “that gives us the flexibility to be able to do the kinds of things we did during the pandemic,” such as stimulus packages and federal unemployment payments.

AutoZone to build $185M distribution center in New Kent

Auto parts retailer AutoZone Inc. plans to build a $185.2 million warehouse and distribution center in New Kent County, creating 352 jobs, Gov. Glenn Youngkin announced Friday.

The 800,000-square-foot facility will serve as the company’s East Coast distribution operation, according to the governor’s office. Based in Memphis, Tennessee, AutoZone has more than 6,000 stores nationwide and is a leading distributor of automotive replacement parts and other vehicle accessories. In fiscal year 2021, the company saw $14.6 billion in sales.

“AutoZone’s new distribution and direct import facility in New Kent County will be a historic economic boost for the region and demonstrates the advantages of Virginia’s strategic location and world-class infrastructure,” Youngkin said in a statement. “The supply chain sector continues to gain momentum, and this major investment is a powerful testament to the commonwealth’s assets and competitiveness.”
The Virginia Economic Development Partnership worked with New Kent County and the Port of Virginia to secure the deal, and former Gov. Ralph Northam approved a $2.5 million grant from the Commonwealth’s Opportunity Fund to assist the county with the project. AutoZone is eligible to receive benefits from the Port of Virginia Economic and Infrastructure Development Zone grant program, and employee training will be provided through the Virginia Jobs Investment Program at no cost to the company. According to the governor’s office, Dominion Energy Virginia will also be involved with the project, but the statement did not specify Dominion’s role.
Felicia Howard, Dominion Energy Virginia’s vice president of economic development strategy, said in a statement that the utility “looks forward to powering AutoZone’s ability to distribute to new markets, but also partnering for its long-term success in this region.”
“With over 145 stores in the commonwealth of Virginia and more than 735 stores in neighboring states along the East Coast, we are very excited to be a part of the New Kent community and greater Richmond region,” AutoZone Chairman, President and CEO Bill Rhodes said in a statement. “During our rigorous and competitive search process to identify our next distribution center location, Virginia and New Kent County leadership were tremendous and instrumental in us deciding to join this wonderful community. Our large-scale investment in New Kent County is an important part of our strategy for accelerated growth and represents our commitment to always put customers first.”

Avula tapped as Va. social services commissioner

Dr. Danny Avula, the director of Richmond and Henrico County’s health districts and the state’s former COVID vaccine coordinator, has accepted Gov. Glenn Youngkin’s appointment to become commissioner of the state’s Department of Social Services, the health districts announced Friday.

In January 2021, Avula was given responsibility for organizing the state’s COVID-19 vaccination campaign, which at the time was lagging behind the rest of the nation due to extreme demand and low supplies of vaccine doses. Avula became a familiar face at then-Gov. Ralph Northam’s press conferences, providing updates on the efforts to get Virginians vaccinated against the coronavirus. As of October 2021, the state was 10th in the nation for percentage of population vaccinated.

“I’m incredibly excited to serve Virginia in this new capacity with the Department of Social Services; so much of the support that ultimately impacts families’ health and resilience lies within DSS,” Avula said in a statement Friday. “That said, it’s bittersweet to close out my time with Richmond and Henrico Health Districts. It’s been life-giving to see the dedication of my team and all they’ve been able to accomplish; I’m in awe of them and am proud to have worked alongside them. Richmond and Henrico communities are left in capable and caring hands.”

Avula stepped down as vaccine coordinator just before the end of Northam’s term in January, returning to his position as director of the health districts, which he has led since 2016. He has previously served as a member of the State Board of Social Services and as chair from 2017 to 2019. Avula received degrees in medicine and public health from Virginia Commonwealth University and Johns Hopkins University, and he completed his undergraduate education at the University of Virginia.

He replaces Duke Storen as commissioner of social services, which oversees child welfare, workforce programs, licensing of child care and adult living facilities, refugee assistance, benefit programs and other initiatives focused on easing poverty, abuse and neglect. Dr. Melissa Viray will be the acting director of the Richmond and Henrico Health Districts, having served as deputy director since 2017.

 

Sentara CEO Kern announces retirement plans

Howard P. Kern, Sentara Healthcare’s president and CEO, announced his planned retirement Friday. A search for his replacement is already underway, the Norfolk-based health system said in a statement, and Kern will stay on until his replacement starts later this year.

Having spent 42 years with Sentara in hospital administration, finance and insurance, Kern has led the $9.8 billion, 12-hospital system since 2016.

In recent years, Sentara has opened the $93.5 million Sentara Brock Cancer Center, started a massive renovation of Sentara Norfolk General Hospital, and in December 2021, Kern signed an agreement with Old Dominion University and Eastern Virginia Medical School to collaborate more closely on health care for the Hampton Roads region, which Kern said is the largest metropolitan area without a state university-based medical school.

Last year, Kern also announced that Sentara would not merge with North Carolina’s Cone Health, which would have created an $11.5 billion system with 17 hospitals.

Kern made moves in the area of health insurance, creating Sentara’s first health plans and its first business, Optima Health, which acquired VCU Health’s Virginia Premier Health Plan in April 2020. Sentara was listed as one of the nation’s top five large health systems in the 2021 annual ranking by Fortune and IBM Watson Health. It employs more than 1,200 physicians and 30,000 other people.

“I am fortunate to have worked with many truly exceptional leaders, but what has really set Sentara apart from other excellent organizations has been the way these leaders have come together as a team, with a unified purpose, to accomplish extraordinary things. That said, Sentara is entering a new era in health care, and I believe the time for new leadership is now. I will forever remain personally devoted to Sentara Healthcare and the people who make it great,” Kern said in a statement. “I will support the board and new CEO in whatever way I can to ensure a smooth transition that assures continued success for that individual, the system and our communities.”

 

The Visionary

The online version of this article includes additional material from Virginia Business’ interview with Pharrell Williams. 

Pharrell Williams is a 13-time Grammy winner, an Oscar nominee, a fashion designer, a film producer, a music superstar and innovator. He’s also a native Virginian — a point that comes across strongly when he discusses his business ventures and his hopes for his home state.

Within the past few years, Williams, 48, has focused attention on economic development in his hometown of Virginia Beach and neighboring Norfolk, most famously with his April 2019 Something in the Water music festival and the Atlantic Park surf park project under development now at Virginia Beach’s Oceanfront. He also has become something of a patron for Norfolk State University, delivering commencement addresses in 2020 and 2021, as well as last year launching the Elephant in the Room economic conference, a local event he likens to Davos, Switzerland’s World Economic Forum, but focused on the need for equity and diversity in economic development. Last fall, his nonprofit, Yellow, opened its pilot Yellowhab charter school in Norfolk, with plans to open more in the future, focusing on individual learning styles and preparing students for college and the workforce. 

Williams’ focus on his hometown has not been without struggle and heartache. In March 2021, his cousin, Donovon Lynch, was shot and killed by a Virginia Beach police officer, and last August, a special grand jury found no probable cause to charge the officer. Williams and other family members have called for further investigation into the shooting, and the tragedy remains a point of pain for the singer.

In September 2021, Williams decided to cancel Something in the Water, which had an economic impact of $24 million in 2019, saying in a letter to the city administration that he believes Virginia Beach is run with “toxic energy.” He wrote, “I wish the same energy I’ve felt from Virginia Beach leadership upon losing the festival would have been similarly channeled following the loss of my relative’s life.”

In January, Williams, who primarily lives in Miami, sat down with Virginia Business to discuss his business endeavors in Hampton Roads, the future of Something in the Water, and how he hopes to make the business case for greater diversity and equity — focusing on “green” rather than Black and white, or red and blue politics.

Virginia Business: What are your plans in Virginia for 2022?

Pharrell Williams: I really want to see us do better as people. I want to see programs, activation, businesses and groups really work together to advance us to a higher level. I think in my own prospective businesses, I think it’s just about us working.

VB: How is Atlantic Park, the surf park and entertainment center you’re developing in Virginia Beach, coming along?

Williams: I was excited to be a part of it, and I am still excited to be a part of it, but … I think Atlantic Park was like my first entrée into understanding that there were some systemic issues with the city. Because while it was a beautiful project and it’s destined to be a big attraction for the Oceanfront and the ViBe [Creative] District, we were met with a lot of resistance. The resistance that we were met with was in terms of things that inhibited the momentum.

We were met with differing philosophy — down to what direction the Oceanfront should go … and we were met with, at certain times, just full-on stagnancy. When I began to ask questions to try to make sense of these things, the answers were … never anything factual. It was always about opinion, and I began to glean favoritism.

That’s when I realized that it wasn’t as unified as it needed to be. Recently, after the death of my cousin, Donovon Lynch — the way that it was handled and a lot of the energy around it — and a couple of other things, it pushed me back a bit.

That’s when I just publicly said, “Listen, if the city wants to support me at this point, the only thing that I’ll be thinking about is this project.” I think it actually will have more than just the benefit to the Oceanfront, but there’d be a big benefit to the whole city of Virginia Beach. I wanted to focus my energy there, because I felt like in all other aspects, I’ve just been let down.

I said, if the city really wants to support me, then get behind a project that’s going to encourage some of the other people in the business community to broaden their horizons. Virginia Beach is Virginia Beach, but Virginia Beach honestly is one city in a very powerful state. The state of Virginia has been very influential.

VB: You’re also part of a team proposing the Wellness Circle, a $1.1 billion redevelopment plan for Norfolk’s Military Circle Mall, which would include a 15,000-seat arena and a 1-mile trail to be called the Wellness Loop. There are several competing redevelopment plans, but can you tell us about why you got involved with it?

Williams: I heard about the opportunity and that the city was looking for a partner or partners to come in and bring a fresh vision to the region. I immediately thought about the problems. I love turning problems into solutions and then, therefore, assets.

There’s still a sense, even though it might not be racial, there still seems to be a financial and economic segregation. Even if [it’s] not totally planned, the instincts are leaning that way, and that is not a community that’s working together. So, we proposed a project that was centered around an arena because literally, the amount of talent and athleticism that is born and bred in the 757 is unreal. It’s insane.

We need some professional teams here. Whether it’s basketball or hockey, which are two things that I’m working on, we need an arena. Around that arena should be a hotel, [and] there should be food and beverage. There should also be retail. There should also be an automotive partner, who probably runs on electric — that’s probably the most I can say about that. Then we need single-family, market-rate homes, right?

We also need not “affordable houses,” because “affordable” in real estate is an abused term that is appropriated for other things, so we don’t say “affordable.” It needs to have federally subsidized, transitional, workforce housing. I came from that myself. We want it to be transitional.

We want it to be a three- to five-year program where there’s a social worker in place right there to help you identify what you’re really good at. Whether it’s putting you directly into that vocational experience, or sending you to school to figure out what is for you, but transitional. You’re there to get a leg up, figure it out, get out, get on your own and inspire the next person that was just like you.

What I’m describing here is like a chartered community. We know how charter schools work, right? They have wraparound services, so what happens is it ensures the child gets everything that they need. What about making sure the community gets everything that they need? It’s a chartered community. Because literally, maybe [the next] Pharrell [is] coming out of my housing project.

I can come outside, and I look across the campus, and I see a doctor coming out of his single-family, market-rate home, or he’s walking to work. There’s a program over there that’s teamed up with one of the colleges — hopefully, Norfolk State University — that’s over there training folks in the medical field to get ready for their vocation.

Then across the other side of the campus is where the arena is, which is the natural attraction. That keeps the blood pumping, that’s the heart. Everyone [will come] in from a five-hour radius, about 22 million people, if I remember correctly.

Forget Pharrell Williams. You might just be the next Missy Elliott, or you might just be the next Allen Iverson. You might just be the next Pusha T, or the next architect or next academic or next artist, the next author, the next astronaut.

VB: Speaking of charter schools, how are things going at your pilot Yellowhab school in Norfolk?

Williams: I’m very proud of all the work that the folks over at Yellow are doing. It’s thriving because, again, we planned against the pandemic. We weren’t waiting at the mercy and the hands of what could have and what might happen — at the center of which were the needs of these kids.

[I’m] super proud of this partnership that we have with [The] Boeing [Co.], who’s … going to help us build our flagship school, hopefully at the Wellness Loop [at Military Circle]. They’ll be the ones that are helping us when the Lord blesses us with the Wellness Loop. There’s also talks about [starting a school] in Arizona. We’re also in talks in New York, which is super exciting.

We look at it like we want to radicalize education. Education is absolutely broken in the country. We have to meet the kids halfway.

VB: What do you mean by meeting kids halfway?

Williams: Let’s take someone who is dyslexic for a second. There’s a broad spectrum of dyslexia. What you find in a lot of people who have dyslexia, they usually tend to be incredible or exceptional musicians. They end up being exceptional architects. Usually, they end up being artistically superior in other disciplines that are beyond reading numbers and letters. The school system now is primarily graphemic [written communication]. It is also auditory, and it’s also visual as well, but primarily graphemic.

At Yellow, it’s all about assessing how the child learns, how the child retains and how the child applies. The curriculum … is more catered and more aligned with the way that you learn, retain and apply. That, to me, is super important. Because it changes the conversation. That’s how you meet a child halfway.

Wellness Circle LLC’s plan is backed by music superstar and Virginia Beach native Pharrell Williams. Renderings courtesy City of Norfolk Economic Development
Wellness Circle LLC’s plan is backed by music superstar and Virginia Beach native Pharrell Williams. Rendering courtesy City of Norfolk Economic Development

VB: What is happening with Something in the Water? Do you ever expect to hold it again, even if it’s someplace else?

Williams: Yes, for sure I have to. Something in the Water — when you talk DMV, they always say, “Man, whether it’s Missy Elliott or Timbaland or Chad Hugo or Michael Vick, it must be something in the water.”

We were willing to bet that would [unify] our home, and also show some of the places of business that they didn’t need to be intimidated by Black people. When there are various agencies and groups [that] continue to push out stereotypes about us, it causes other people who [have] not really taken the extra step to learn or come visit some of our neighborhoods and try to be a part of the solution of change — they start to believe in them.

We are more than your music and food and all the things that you attribute to us when you want to be nice. We’re more than that. We are human beings. God put us on the planet. As dark as our skin is, there’s a lot of light that comes from us.

I think that a lot of the businesses were very appreciative. I think they showed up and did what they were supposed to do. James Cervera [Virginia Beach’s former police chief, who approached Williams about starting the festival] is our hero. They had a problem with the students when they came down [for spring break]. He asked me what I thought we could do. He was the one that agreed with me when I said, “Let’s do a festival.”

The next thing you know, the hotel association, the restaurant association and all those things, they all showed up.

But then, you know how they say, when you take your eye off of the prize for a second, … groups maybe decide that they want to go back to their instincts with their idle time. The fear built back up [and] next thing you know, it goes right back to where it started.

Some of that rubbed me the wrong way when it came to the handling of my cousin’s murder. It was very particularly off-putting when they were so concerned about the future of the festival, but they weren’t concerned about the future of my cousin’s life. They weren’t concerned about the future of my cousin’s legacy and painted him in a way that he wasn’t.

The point [of Something in the Water] still stands, but while we have a community that’s getting to accept such toxicity and extending toxicity, I can’t be a part of that. Atlantic Park … still represents a brighter future. You know what, the citizens and the patrons will get together. They’re going to unify. They don’t need me for that. This is their homework.

VB: During your December 2021 graduation speech at Norfolk State, you said that Norfolk will be a different place in five years. What do you hope to see in terms of equity?

Williams: Well, I was thinking about that because we knew with [the] Elephant in the Room [economic conference], that is going to be our dialogue. We’re already talking to corporations about it. They’re all excited about it. … When we did the first Elephant in the Room last year, there were financial institutions that represented north of $9 trillion in investments.

What some people are afraid of, these corporations are attracted to. They love the potential influx of Black success. They love it. These Fortune 500 companies, nothing is more attractive to them — aside from their bottom line — than it being done in partnership with people of color and the emerging majority. We don’t say minority anymore because that’s not even real. [People of color] are not the minority; we are the emerging majority.

We’re getting [companies] to actually come in and make investments in Norfolk because Norfolk wants it. Norfolk is willing and ready.

Quite honestly, some people may hear that, talk about it and say, “Oh, that’s so materialistic.” We just want you to be a more informed version of materialistic. You don’t have to be superficial to be materialistic. I often say it’s not about red or blue, it’s not even about Black and white, it’s about green.

Whether they’re wearing a whole lot of red, or they’re wearing a whole lot of blue, in their pockets they have a whole lot of green. We’re saying that there is a way to make so much money that you can’t sit once you stuff it your pocket.

If I treat you like a human being no matter if you are transgender, if you are Black, you are mentally challenged, you are a white Confederate, you are an undocumented worker … if the entire community adopts this mentality, then you’re going to be known as the most friendly community and super successful because everybody feels welcome.

If we do that as a city, well, then we’re the most desired city. If we do that as a region, then we become the most popping place on the entire East Coast.

That’s the region we should be. This whole conversation is a case of better business. So it’s not about red and blue, black and white. It’s about green.

The problem is that I think that there are certain people who don’t care, and they really like business the way it is. They don’t care if they make less money, but they want their business and their environment to be the way they are, the way it is, because [change] just means they lose their privilege.

White privilege means that when you are using it, you know you’re using it and that you are aware that it exists. And even if you’re not aware, you are still using it. It’s your job to learn what that is. Sometimes you don’t even know you’re doing it. Sometimes you step on a person’s foot [and] you don’t even know you’ve stepped on their foot. They’ve got to tell you by saying “ow,” right?

Some of these people, they run businesses and they’re like, “Well, I don’t want to change the way I do business.” Basically, what they’re telling you is, “Man, I’ve been cutting lines all my life. I didn’t even know I’ve been cutting lines but now that I know, no, I’m not really willing to get in the back of the line. Why would I do that? That’s going to make me late.”

Listen, we are always at the back of the line. Put yourself in the place of somebody that you perceive as being different, you may like or may not like it, and I guarantee you, … if you have a heart and a conscience, [it] will cause you to treat them better. That person will feel welcome, and that person will tell 10 other people.

VB: What do you hope will happen in Virginia in the next five or 10 years? What are your dreams for this commonwealth?

Williams: We figure out a way to make wealth more common.

When you’re a Black person, that just means the laws come down so much heavier. That just means the gravity in your jail sentence is going to be insane.

But let’s make wealth more common — wealth not only in finance, but wealth in opportunity, wealth in education, wealth in work and diverse opportunities for the jobs, for the positions, wealth in community building, wealth in support of each other, wealth in health care. Let’s do that. Let’s make wealth common.

Let’s be a “green” state. Let’s be green in the life force because anything that’s green is alive. Have green in our environment. Let’s think about our ecosystem. Then there’s another “eco” word: economics. Let’s be green about the economy.

VB: Do you consider Virginia a place where artists can thrive?

Williams: Virginia’s a place where artists, academics, officers, architects, astronauts, astrologists — everyone can flourish here. Everyone. Whatever you want, you can do it in Virginia. You can do it. It’s just [that] we have to make up our mind that we’re going to be supportive of all these different disciplines.

I think that it all starts with the business community. That’s in my opinion. To me, the business community, they control which way the wind blows. Every once in a while, a hurricane sets down, and they really don’t know what to do. Then when it clears back up, they become the know-it-alls all over again and we’re back in the same situation that we are, and really, no one should be controlling which way the wind blows. In fact, we all should be contributing.

VB: Do you think that bitcoin and cryptocurrency in general is a healthy thing, or are you concerned about it and the bubble it’s creating?

Williams: Cryptocurrency is absolutely going to take over 100%. There’s no inflation, and it was thought out differently. It’s a new system, and we should be welcoming that. It’s the future.

On our legal tender, it says, “In God we trust.” There’s been so many things that have been done with those legal tenders that have nothing to do with that, but there’s trust, right? They’re saying trust. We trust that in Fort Knox there’s a certain amount of gold that backs up the legal tender. We know that there’s not, and there’s other commodities supposed to back it as well.

Well, the cryptocurrency is based on people just investing. They trust, and that type of currency works. That’s a shift, and those are the kind of things that Virginia … should get ahead of and we can, we will.

VB: What do you hope will be different with Elephant in the Room, when that comes back later this year?

Williams: It’s just going to be bigger. There’s going to be full days of caucuses and panels. It’s not just people coming to town and telling us what to do, but it’s people coming into town having conversations with us.

We have the ability to make more money and be more welcoming and be the No. 1 destination not only on the East Coast, but in this country, if we are welcoming human beings. That’s a case for better business. We put our politics aside and put people first.

See more of Virginia Business’ Black business leaders issue.

Port of Va. had $100B+ economic impact in FY21

Amid some of the toughest months of the pandemic, the Port of Virginia set cargo records, processing more than 3.2 million TEUs (20-foot equivalent units) for the fiscal year ending June 30, 2021, and generating more than $100.1 billion in ancillary economic impact, according to the port’s fiscal 2021 economic impact report released Thursday.

According to the report, which was prepared by William & Mary’s Raymond A. Mason School of Business in conjunction with Glen Allen-based Mangum Economics, during fiscal 2021, the economic impact from the cargo flowing through the six-terminal port system was responsible for generating:

  • 436,667 part-time and full-time jobs;
  • $100.1 billion in spending;
  • $47.4 billion in Virginia gross state product;
  • $27.2 billion in labor income;
  • and $2.7 billion in state and local taxes and fees.

“It is important to note that the port had this record-setting year and results in a most challenging trade environment,” Virginia Port Authority CEO and Executive Director Stephen A. Edwards wrote in a letter introducing the FY2021 report. “In FY21, as the global supply chain was facing unprecedented challenges, the Port of Virginia was a model of efficiency and performance.”

More than 40% of imports that move through the Port of Virginia are used as “inputs” for producing goods for sale in Virginia and across the nation, the report said, and imports have a “large impact on Virginia income and jobs.”

The last time the port commissioned an economic impact study was in 2018. The analysis includes activity at the Norfolk International Terminals, Newport News Marine Terminal, the Virginia International Gateway Terminal and Portsmouth Marine Terminal in Hampton Roads, as well as the Richmond Marine Terminal and the Virginia Inland Port in Front Royal. All combined, 23.4 million tons of cargo were moved through the terminals in FY21.

“The Port of Virginia’s success requires a continuing process of preparation,” the report concluded. “It requires visionary leadership, proactive investment in technology and infrastructure, as well as a healthy economic environment for citizens through businesses that create the jobs. The forward-looking approach that positioned the terminals so well to deal with the challenges within these pandemic years deserves support as additional initiatives are required.”

Appalachian Council for Innovation taps exec director

John Bebber has been hired as executive director of the Appalachian Council for Innovation, its board announced earlier in January. He was previously district director for U.S. Rep. Morgan Griffith, R-Abingdon.

ACI is a nonprofit regional economic development organization founded in 1999 as the Southwestern Virginia Technology Council. It includes businesses and organizations in 16 Southwest Virginia cities and counties, including Bristol and the counties of Wythe, Russell, Wise and Buchanan. ACI created IN Appalachia to connect businesses, health care providers, customers and organizations to drive growth and regional collaboration.

“I am excited for this opportunity to promote regionalism, cooperation and growth among our businesses, localities, schools and communities,” Bebber said in a statement. “Promoting these ideas in our region is vital to long-term success and sustainability, as well as showing our youth that they can grow up and build a life here without having to sacrifice prosperity, or any level of success or happiness. I believe that ACI will be a driving force behind building this model of sustainability and changing the way we look at ourselves as a region. I am thrilled that I get to be a part of that.”

A U.S. Navy veteran, Bebber has degrees from King University and Appalachian State University.

Central Virginia BBB names new CEO

Barry F. Moore Jr., who previously served on the Better Business Bureau’s Central Virginia branch’s board, has been named its president and CEO, the Glen Allen nonprofit organization announced Wednesday.

In a funny twist, the new Barry Moore replaces another Barry Moore, who retired in July 2021. They are not related. The newly hired Moore started Tuesday, taking over from BBB Chief Financial Officer Thomas A. Gelozin, who was interim CEO. Moore was on the BBB-CV board from 2010 to 2016 and was general manager of Haley Buick GMC Midlothian, which he left in 2018 to work in auto sales and insurance in Pennsylvania. He returns to the Richmond area for his new position.

A graduate of Seton Hall University who also has received leadership training at the University of Virginia’s Sorensen Institute for Political Leadership, Moore was named the Richmond Retail Merchants Association’s Retailer of the Year and won Chesterfield County’s Impact Award in 2014.

“I realized how fortunate I’ve been throughout my life, as great opportunities have opened up for me,” Moore said in a statement. “I thought that this opportunity at the BBB would give me the chance to give back in a meaningful way to a business community that I love and respect, here in Central Virginia.”

The organization also named its new board leadership this week, with Vincent Tucker, who owns Quality Moving Services in Chesterfield, becoming chair after previously serving as vice chair. Richard G. Johnstone Jr., the previous chair, was president and CEO of the Virginia, Maryland and Delaware Association of Electric Cooperatives until April 2021, when he retired. He was responsible for leading the leadership search for the BBB-CV’s president and CEO.

BBB Central Virginia serves Richmond, the Tri-Cities, Charlottesville and Fredericksburg, as well as surrounding counties, and promotes responsible, honest and ethical business practices.