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Eastern Virginia

A man wearing a suit and tie.
Jul 30, 2024

ODU names inaugural director of supply chain/logistics school

Old Dominion University has named Kuntal Bhattacharyya as inaugural director of its new School of Supply Chain, Logistics and Maritime Operations (SSCLMO), the university announced Tuesday.  Previously, Bhattacharyya worked as project director of Indiana State University’s Logistics 4.0 Innovation Hub, where students stud[...]

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Jul 26, 2024

Virginia Beach economic development director resigns

Charles E. “Chuck” Rigney resigned Wednesday from his post as Virginia Beach‘s economic development director, city spokesperson Ali Weatherton-Shook confirmed Friday, following a report by The Virginian-Pilot.  Rigney had held the position officially for six months after serving as interim director for about eight mon[...]

VMS_Courtyard-final-for-July-24
Jul 24, 2024

Batten donates $100M to expand W&M marine, coastal research

Jane Batten, the matriarch of a Hampton Roads family known for its philanthropy, has pledged $100 million to William & Mary to boost coastal and marine science research towards finding global solutions for flooding and sea-level rise, the Williamsburg university announced Wednesday. The newly named Batten School of Coastal &[...]

June market statistics in Northern Virginia. Image courtesy Northern Virginia Association of Realtors
Jul 19, 2024

NoVa, Hampton Roads home sales fall in June

Home sales in Northern Virginia and Hampton Roads dropped year-over-year in June, as homes stayed on the market longer and median sales prices rose. Northern Virginia June home sales in Northern Virginia fell 13.8% from June 2023 and 12.2% from May, according to data released July 11 by the Northern Virginia Association of Realt[...]

inova fairfax medical center
Jul 16, 2024

Inova Fairfax Hospital ranks No. 1 in Va. for fourth year

For the fourth consecutive year, Inova Fairfax Hospital in Falls Church has taken the No. 1 spot in Virginia on the U.S. News and World Report’s annual list of the best hospitals in the nation, released Tuesday.  The Inova Health System hospital also ranked first in the Washington, D.C., metro area for the fourth straight[...]

Rendering of an aerial view of two warehouses
Jul 12, 2024

Construction begins on Hampton Logistics Center

New York’s Turnbridge Equities and Maryland’s Manekin, both real estate development and investment firms, have begun construction on two Class A industrial warehouse buildings in Hampton off Interstate 64, located less than 20 minutes from the Port of Virginia, according to an announcement this week. The two companie[...]

Rendering of the LS GreenLink subsea cable production facility in Chesapeake. Image courtesy LS Cable
Jul 9, 2024

$681M subsea cable plant coming to Chesapeake

A U.S. subsidiary of a South Korean cable manufacturer plans to build a $681 million subsea cable manufacturing plant in Chesapeake, the company announced Tuesday. The project is expected to create 338 jobs. LS GreenLink USA’s Chesapeake subsea cable factory will be built at the Deep Water Terminal Site in Chesapeake, a 96[...]

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Jul 8, 2024

Dominion Energy to buy N.C. offshore wind lease for $160M

A Dominion Energy subsidiary has agreed to acquire a 40,000-acre offshore wind lease off North Carolina‘s Outer Banks for $160 million, the Fortune 500 utility announced Monday. Virginia Electric and Power Company, which does business as Dominion Energy Virginia, will purchase the Kitty Hawk North Wind lease from Avangrid,[...]

2024 Kim Sawyer Portrait
Jul 8, 2024

Jefferson Lab names next director

The Thomas Jefferson National Accelerator Facility has named a new director, Kim Sawyer, who will replace Stuart Henderson, the lab’s director since 2017.  Sawyer will start her new post at the Newport News facility Aug. 2, according to a Jefferson Science Associates news release Monday. Having previously served as deputy[...]

An aerial view from Chesapeake property records of the shopping center at 4300 Portsmouth Blvd.
Jul 8, 2024

Chesapeake shopping center sells for $20.05M

A community shopping center in Chesapeake sold for $20.05 million in early June, property records show. Located at 4300 Portsmouth Blvd., adjacent to the Chesapeake Square mall, the roughly 180,000-square-foot shopping center sold for $18.847 million, and an associated 1.32-acre outparcel sold for $1.203 million. The shopping ce[...]

The property at 11124 Jefferson Ave. in Newport News is leased to Wawa. Photo courtesy Cushman & Wakefield | Thalhimer
Jul 8, 2024

Wawa parcel in Newport News bought for $4.5M

A property leased to a Wawa in Newport News sold for $4.5 million, Cushman & Wakefield | Thalhimer announced Monday. OMILOS LLC — registered to an Arlington County address — bought the 1.95-acre parcel located at 11124 Jefferson Ave. Property records show that Athanasios K. Polyzos previously owned the property, beginnin[...]

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Jul 3, 2024

Navy Region Mid-Atlantic changes command

After serving as commander of the Navy Region Mid-Atlantic for a little over a year, Navy Rear Adm. Wesley “Wes” McCall finished his duties Wednesday and has been succeeded by Rear Adm. Carl A. Lahti. As of Wednesday, Lahti now oversees 13 installations from Illinois to North Carolina and is stationed at the world[...]

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