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Key Virginia markets see year-over-year home sale increases in March
Housing markets across Northern Virginia, Central Virginia and Hampton Roads posted year-over-year sales gains in March.
Central Garden & Pet to close Henrico facility, laying off 94
Central Garden & Pet will soon close its eastern Henrico County dog treat manufacturing facility and lay off 94 employees as it consolidates operations.
$450M Navy housing project in Newport News slated to begin this summer
Newport News Mayor Phillip Jones announced Monday that a $450 million downtown development is expected to begin construction this summer.
Former Port of Virginia CEO John Reinhart dies at 72
Former Virginia Port Authority CEO John Reinhart, credited with transforming the Port of Virginia, died Saturday at age 72.
Divaris appoints managing principal broker of D.C. regional office
Divaris Real Estate announced that it has appointed James O’Neill to be managing principal broker of its Washington, D.C., regional office.
Harbor Group International to purchase 11 multifamily properties for $562M
Harbor Group International plans to purchase 11 multifamily properties from Virginia Beach-based AH Realty Trust for $562 million.
TowneBank sells resort property management segment for $250M
Suffolk-based TowneBank announced Monday it has sold its Towne Vacations division for $250 million to Bellcrest Vacations Acquisitions.
DOE awards $1.8B contract to LLC to manage Jefferson Lab
The U.S. Department of Energy has awarded a new contract to operate the Thomas Jefferson National Accelerator Facility.
Norfolk airport undergoes $1B modernization
As passenger numbers at Norfolk International Airport grow past pre-pandemic levels, the airport is undergoing a $1 billion upgrade to expand service, attract new airlines and modernize the travel experience. The first major project in the effort was completed in February, when the airport opened its new $25 million internationa[...]
Colonna’s Shipyard hires new CFO
Norfolk-based Colonna’s Shipyard has appointed Brian Waterfield to be its new chief financial officer, effective Monday.
Three Virginia biz schools rank in top 25 of Poets&Quants’ 2026 list
Six Virginia Business schools placed among the the top 110 business schools in Poets&Quants’ 2026 rankings of undergraduate business schools
Dominion offshore wind farm delivers first power to the grid
Dominion Energy’s Coastal Virginia Offshore Wind project off Virginia Beach’s coast delivered its first power to the grid Monday.
