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Va. casinos report more than $72M in January revenue
January gaming revenues from Virginia’s casinos totaled $72.34 million, according to a report from the Virginia Lottery released Friday. Last month, Hard Rock Bristol casino reported about $18.52 million in adjusted gaming revenues (wagers minus winnings), of which about $15.16 million came from 1,486 slots and $3.36 milli[...]
Construction kicks off on $750M Norfolk casino
After more than four years and amid shifting plans, construction has finally begun on Norfolk’s new $750 million casino resort. Norfolk Casino spokesperson Jay Smith confirmed that construction on the long-awaited project kicked off Friday near Harbor Park. While a ceremonial groundbreaking ceremony was held in October 202[...]
Norfolk eyes two former school sites for development
The Norfolk city government is soliciting help to figure out how to transform two former school sites into significant assets that generate tax revenue. The city government has sent out two Requests for Information asking professional real estate development firms to provide insights on how it should develop the former Coronado [...]
Jan. housing inventory, prices increase in NoVa, Hampton Roads
Housing sales last month increased year-over-year in Northern Virginia but dropped in Hampton Roads, although inventory and sales prices rose in both regions. Northern Virginia Home sales, prices and inventory in Northern Virginia rose year-over-year in January, according to Northern Virginia Association of Realtors data release[...]
W&M receives $50M gift from alum for Batten School, VIMS
William & Mary alumnus Dr. R. Todd Stravitz has donated $50 million to the Williamsburg university to create a full-tuition scholarship fund for its new Batten School of Coastal & Marine Sciences and the Virginia Institute for Marine Science, W&M announced Thursday. This is W&M’s largest ever scholarship fu[...]
CHKD is latest Va. system to halt gender-affirming treatment for minors
Days after UVA Health and VCU Health suspended all gender-affirming medical treatments for people under age 19, Norfolk-based Children’s Hospital of The King’s Daughters has followed suit, a spokesperson confirmed Tuesday. In a statement, CHKD noted that it has never offered surgical treatments to patients. “Wi[...]
Virginia Beach hires economic development director
Virginia Beach has hired a new director of economic development. City Manager Patrick Duhaney appointed Christian Green to the post, and he will join the city Feb. 24, according to a Tuesday announcement. Green follows Charles E. “Chuck” Rigney, who resigned from the job in July 2024. In an August 2024 article in The Virgini[...]
Cost of Va. Beach wind farm increases by close to $1B
Eggs aren’t the only thing getting more expensive. The estimated cost to build Dominion Energy‘s Coastal Virginia Offshore Wind (CVOW) project has increased from $9.8 billion to $10.7 billion, a 9% jump. Over the life of the project, the expected average impact to the monthly bill of a residential customer who uses 1[...]
Breeden regional director retires after 28 years
After nearly three decades at The Breeden Co., Debbie Gordon retired Friday, according to an announcement from the Virginia Beach real estate development and property management company. Gordon, regional director of Breeden’s multifamily property management division, joined the company in 1997. Under Gordon’s leaders[...]
Done and Dome — Oceanfront venue to open in May
When Three Dog Night takes the stage May 4 at The Dome, the 1970s rock band will help open a new chapter in live performances at the Virginia Beach Oceanfront that it closed more than three decades ago. Known for hits such as “Joy to the World,” the band was the last group to play […]
Norfolk focuses on cruise and entertainment tourism
The “city surrounded by water” — Norfolk — is going through “an evolution, putting in necessary investments to stay on top of the times” as a tourism destination, says Sean Washington, the city’s director of economic development. The city is expanding its cruise center to accommodate an influx of passengers yea[...]
White House decisions weigh heavily on Va., Hampton Roads economies, experts say
While federal workers ponder taking a buyout offer from President Donald Trump and a now-rescinded federal funding freeze memo caused confusion and worry over the status of major economic development projects in Virginia, economists at Old Dominion University say uncertainty in Washington, D.C., is the major factor affecting the[...]
