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Economic Development

Oct 11, 2024

Marble Systems to build facility in Caroline County

A Fairfax County-based stone products manufacturer and distributor, Marble Systems, will invest $9.7 million on a warehouse and distribution center in Caroline County, creating an estimated 59 jobs, Gov. Glenn Youngkin announced Friday. Virginia competed with South Carolina, New Jersey and Georgia for the project, which will also include cut stone and stone product manufacturing […]

Oct 11, 2024

Currie Medical to expand in Norfolk

Currie Medical, a medical device manufacturer, plans to invest $1.22 million to expand its operations in Norfolk, creating an estimated 60 jobs, the governor’s office announced Friday. Based in Franklin, Tennessee, Currie Medical will lease a 30,000-square-foot building at 3701 E. Virginia Beach Blvd. in Norfolk, where it will house its medical device reprocessing operation […]

Rendering of the permanent Hard Rock Hotel & Casino Bristol
Oct 9, 2024

Hard Rock Bristol to open permanent facility Nov. 14

The Hard Rock Hotel & Casino Bristol will open its approximately $515 million permanent facility on Nov. 14, with country music star Blake Shelton making an appearance at the ceremony, its development team announced Wednesday. The temporary Bristol Casino: Future Home of Hard Rock opened July 8, 2022, making it Virginia’s[...]

Sep 29, 2024

Under construction

Amazon.com fulfillment and delivery centers Virginia Beach As part of Amazon.com’s growing presence in Virginia, the tech giant is coming to the Virginia Beach area in the form of a 650,000-square-foot fulfillment center and a 219,000-square-foot delivery station. It is an endeavor with $350 million in investments and is expec[...]

Sep 29, 2024

Chips on the table

This story has been updated since publication.  For Roy Corby, Hampton Roads evokes vacation vibes. He grew up in Ocean City, New Jersey, but his family vacationed regularly in Virginia Beach for a change in seaside scenery. Nearly two years ago, Corby returned to open and run Rivers Casino Portsmouth as its general manager. It[...]

Sep 29, 2024

Growth in the valley

It can take a village — or a valley — to attract a multinational corporation. Shenandoah Valley economic and workforce development officials combined forces to entice Northrop Grumman to locate a 315,000-square-foot advanced electronics manufacturing and testing facility on a 63-acre site in Waynesboro, a project announced i[...]

Sep 29, 2024

Building out

Hampton Roads always has plenty going on, and in this issue of Hampton Roads Business, we’ll take you on a tour around the region to check in on some of the largest and most consequential projects that are under development.   In our main feature, “Latest and greatest,” freelance writer Jim Morrison will bring you up [&h[...]

Sep 29, 2024

On the ledger

This story has been updated since publication. With its 2023 purchase of Farmers Bankshares for $53 million, Suffolk’s TowneBank secured its leadership of the Hampton Roads banking market with a nearly 28% share. Truist Bank remains in second place at 23.72%, and the rest of the top five banks in the market are Wells Fargo, […]

Sep 29, 2024

Growth on the horizon

Patients in Hampton Roads will have another option for health care in spring 2025 with the opening of the 98,000-square-foot Bon Secours Harbour View Medical Center in Suffolk. Construction is moving along on the $80 million facility, which will include 18 inpatient rooms and four operating rooms in the expansion of its existing[...]

Sep 29, 2024

Latest and greatest

By late spring, surf will be up at Atlantic Park on the former site of The Dome, Virginia Beach’s distinctive geodesic dome convention center and concert hall that was torn down in 1994. Atlantic Park, a $350 million mixed-use entertainment venue and surf lagoon project at the Oceanfront, is the highest profile project in the [...]

Sep 29, 2024

Executive insights

Virginia Business asked six Hampton Roads leaders to discuss how their organizations are contributing to the region’s success and meeting challenges such as sustainability, regional cooperation and workforce training. LAURA HAYES CHALK Executive director, Virginia Beach Vision, Virginia Beach Virginia Beach Vision is partly focused on resiliency and sustainability — what do you hope to […][...]

An overhead photo of a manufacturing facility surrounded by mountains.
Sep 24, 2024

Manufacturer plans $5M expansion in Scott County

VFP, a manufacturer of enclosures used to protect critical infrastructure, will invest $5 million to expand its Scott County facility, a move expected to create 50 jobs, Gov. Glenn Youngkin announced Monday.  The expansion will allow VFP to respond to a growing data center market.  “Virginia’s robust data center industry r[...]

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