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Hydrogen catches big air in Newport News
Already home to a nascent 176-turbine wind farm off the coast of Virginia Beach, Hampton Roads is expanding its foray into the clean energy industry with the creation of a green hydrogen production facility at Newport News’ Tech Center Research Park. Last spring, the Blacksburg-based Virginia Tech Corporate Research Center, wh[...]
Teamwork makes dreams work
Talk with researchers a few minutes, and they’ll explain how many stages it takes for an idea to become a medical treatment, and for the treatment method to be tested, approved and brought to market. In many cases, it can take several years. Founded in June 2020, the Hampton Roads Biomedical Research Consortium is a […]
Answering local needs
Since it began offering inpatient psychiatric care at its $224 million Children’s Pavilion last October, Children’s Hospital of The King’s Daughters has admitted 500 patients, according to Dr. Carl Petersen, chief of mental health services at CHKD. One in five children are estimated to have a mental health condition, accor[...]
Always right
Eric Tan opened his business, VA Wholesale Mortgage, a month before the COVID-19 pandemic sent the housing market into three years of unprecedented fluctuation. During those three years, Tan has managed to not only survive but reach an average revenue growth rate of 2,230%, landing the firm at No. 252 on the 2023 Inc. 5000 [&hel[...]
Long-range forecast
In this 2023 issue of Hampton Roads Business, several experts give us their takes on what the region will look like in 20 years. A lot of what we think about Hampton Roads surrounds its strategic significance to the U.S. military as home to the world’s largest naval base and the nation’s largest military shipbuilding [&helli[...]
Cruise lines add stops in Norfolk, Yorktown
Major cruise lines are launching expansions expected to propel Hampton Roads forward as a tourism destination, with new stops in Norfolk and Yorktown. In Norfolk, Carnival more than doubled the number of cruises departing to the Bahamas, Bermuda, the Caribbean and New England this year with a schedule that now runs from May to O[...]
The Pharrell factor
Some celebrities seem to forget their roots. Fortunately for Hampton Roads, Pharrell Williams is not that kind of star. The Grammy-winning musician with a worldwide following has invested in the area repeatedly over the past several years and is poised to continue. Even as his career took a new path this year when he was [&helli[...]
RVA757 Connects releases plan for global internet hub
RVA757 Connects, a nonprofit focused on regional cooperation for economic development in Richmond and Hampton Roads, released on Thursday its 10-point strategic plan for transforming the “megaregion” into the next global internet hub. Virginia is already home to the world’s largest internet hub in Loudoun County’s Ashbur[...]
Bank of America names new Hampton Roads president
Tyrone Noel has been named president of the Hampton Roads region for Bank of America, the bank announced Thursday. As president, Noel will lead 500 employees and operations across the Hampton Roads market and be responsible for growing market share and driving integration across the bank’s eight business lines. He will als[...]
Federal shutdown could have deep impacts in Va.
In late 2018, the last time the federal government shut down for an extended period, Eric Ingram was furloughed from his job at the U.S. Federal Aviation Administration for six weeks. He used that time to co-found a startup focused on space safety, Scout Space. Launched in 2019, the Alexandria-based technology startup now has se[...]
ODU supply chain/logistics school approved by SCHEV
Old Dominion University’s School of Supply Chain, Logistics, and Maritime Operations was approved Wednesday by the state’s higher education council, and it’s set to start programming on Oct. 1, according to the university. The State Council of Higher Education for Virginia (SCHEV) OK’d the new school, whi[...]
Dominion offshore wind farm hits next federal benchmark
Dominion Energy’s proposed offshore wind farm on Monday hit another major milestone. The federal Bureau of Ocean Energy Management announced it has completed its environmental assessment of the project, planned 27 miles off the coast of Virginia Beach, a little more than two years after the review began. The nearly 700-pag[...]
