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Jun 28, 2023

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[...]

Jun 27, 2023

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[...]

Jun 27, 2023

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[...]

Jun 26, 2023

Virginia Business wins three national journalism awards

Virginia Business won three national journalism awards Monday during The Alliance of Area Business Publishers’ (AABP) 2023 Editorial Excellence Awards ceremony, held in Detroit. Virginia Business Deputy Editor Kate Andrews placed gold in the Best Coverage of Local Breaking News category for medium-size business publications fo[...]

Jun 26, 2023

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[...]

Jun 26, 2023

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[...]

Jun 26, 2023

Warehouse portfolio in Chesapeake sells for $24M

The Port of Virginia Distribution Center, a two-building, 334,881-square-foot industrial portfolio in Chesapeake, has changed hands. Chesapeake Industrial Park LLC acquired the property at 2620-2626 Indian River Road for $24 million, according to Cushman & Wakefield | Thalhimer, which represented the seller. Phoenix Chesapea[...]

Jun 23, 2023

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. | Felip[...]

Jun 22, 2023

Intelsat-SES merger talks called off

Merger talks between McLean-based satellite operator Intelsat and Luxembourg-based competitor SES S.A. have been called off, SES said in a post on its website Thursday. The merger was anticipated to have created a $10 billion global business. SES confirmed March 29 that the companies had “engaged in discussions” about combining, but said at the time, […]

Jun 22, 2023

SAIC receives $1.3B Treasury contract

Reston-based Fortune 500 contractor Science Applications International Corp. (SAIC) will provide the U.S. Department of the Treasury with a range of cloud and professional services under a seven-year, $1.3 billion contract, the company announced Thursday. Dubbed “T-Cloud,” SAIC will deliver a shared-service cloud infrastructure model providing enterprise-wise efficiencies in access, contracting and security, SAIC said in [&[...]

Jun 21, 2023

RTX’s Raytheon lands $1.15B missiles contract

Arlington County-based Raytheon, a business unit of newly rebranded aerospace and defense contractor RTX, will produce Advanced Medium Range Air-to-Air Missiles for the U.S. Air Force and Navy as well as foreign militaries under a $1.15 billion contract announced by the Pentagon Tuesday. The contract includes missiles, the AMRAA[...]

Jun 21, 2023

2023 Va. hotel revenues up 12.9% over pre-pandemic

Hotel revenues in the commonwealth this year were 12.9% higher from January through May, compared with pre-pandemic business during the same period in 2019, according to data released Tuesday by STR Inc., a division of CoStar Group Inc. that provides market data on the U.S. hospitality industry. Hotel rooms sold were about the s[...]

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