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Not by coincidence
Norfolk Mayor Kenneth Cooper Alexander has a vision for his city that includes increasing revenue without creating additional taxes for residents. His focuses in achieving that goal include tourism, hospitality and entertainment — familiar parts of neighboring Virginia Beach’s economy. However, unlike Virginia Beach, he[...]
Unfinished business
The tone of the 2023 General Assembly can be encapsulated in its approach to electricity rates. With dozens of lawmakers poised to retire, the General Assembly passed a major energy law, giving the State Corporation Commission added leeway over adjusting customer rates for utilities Dominion Energy Inc. and Appalachian Power. Ye[...]
Reaching the majors
Reaching the “major league” in academic research boosts Old Dominion University’s clout in attracting top talent and grants, emphasizes the university’s vice president for research. Achieving the R1 research classification “enhances the reputation of the university,” says Morris Foster, and “helps in the ta[...]
Fairwinds Landing project breaks ground in Norfolk
Developers broke ground Thursday morning on the Fairwinds Landing maritime operations and logistics center supporting Hampton Roads’ offshore wind, defense and transportation industries. The development project at Norfolk Southern Corp.’s Lambert’s Points Docks in Norfolk is being spearheaded by Fairwinds Lan[...]
Biomass company to expand in Wythe County
Musser Biomass and Wood Products will invest $7.5 million to expand operations in Wythe County and add 10 jobs, Gov. Glenn Youngkin announced Wednesday afternoon. The company, a division of Musser Lumber Co., will more than double production of dried hardwood chips and sawdust that the company supplies to composite decking manufacturers, plastic extrusion companies, […]
After protests, CACI prevails on $5.7B Air Force IT contract
After rounds of protest from other bidders, Reston-based CACI International Inc. announced Tuesday that it will transform the Air Force’s IT service delivery for more than 800,000 airmen and Space Force guardians under a $5.7 billion contract. Enterprise Information Technology as a Service (EITaaS) Wave 1, an Air Force ini[...]
LewisGale receives Level 2 trauma center status
Salem-based LewisGale Medical Center has been designated as a Level 2 trauma center by the Virginia Department of Health, the hospital system announced Wednesday. The designation makes LewisGale the eighth Level 2 center in the state and the first in the region, according to the state health department. One level below the top L[...]
TCC expands Skilled Trades Academy
Tidewater Community College has kicked off the expansion of its Skilled Trades Academy, adding more space and more courses to its Portsmouth facility. The academy opened in 2019 with 20,000 square feet of space, and currently has three classrooms at 3303 Airline Blvd., which is enough room to hold three to six courses at a [&h[...]
Bon Secours taps Mary Immaculate Hospital president
Alan George, a former health care executive from Georgia, started as president of Bon Secours Mary Immaculate Hospital in Newport News this week, the health care system announced Tuesday. George comes from ScionHealth, where he served as the chief operating officer for St. Francis – Emory Healthcare in Columbus, Georgia. H[...]
Pembroke Square scales back some parts of project
Pembroke Square, the $200 million redevelopment of Pembroke Mall in Virginia Beach, is moving forward but at a smaller scale, according to the president of Pembroke Realty Group. Pembroke Square Associates LLC first announced plans for the redevelopment of the aging mall’s 54 acres in November 2021, with groundbreaking for[...]
Breeden finishes projects in Albemarle, Chester, Petersburg
The Breeden Co. has completed construction on an 10-building apartment community in Albemarle County and has broken ground on a Virginia Beach apartment complex, and its subsidiary, Breeden Construction, has finished apartment communities in Chester and Petersburg. Completed in June, Berkmar Landing apartments in Albemarle has 2[...]
EY taps seven Va. biz leaders as mid-Atlantic entrepreneurs of year
Seven Virginia business leaders have been named winners of Ernst & Young LLP’s Mid-Atlantic Entrepreneur of the Year Award for 2023. The winners, named Friday by the Big Four multinational professional services company, include: Aptive Resources | Rachele Cooper, founder and CEO, Alexandria Cuisine Solutions Inc. | F[...]
