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Exclusive: Colliers names new Va. exec. managing director
Colliers has named Jamie Thomas executive managing director and brokerage market leader for Virginia, effective Monday, the company told Virginia Business. Thomas, a Richmond native and Virginia Commonwealth University graduate, replaces J. Scott Adams, whose role shifted to prioritize client services and investment sales across[...]
REIN elects new board
The Real Estate Information Network Inc., the multiple listing service for the Hampton Roads region, has a new board of directors and executive committee. The new board includes: Jon McAchran, president Gary Lundholm, vice president Barry Nachman, secretary Dorcas Helfant-Browning, treasurer Tina Holt, director Cavelle Mollineaux, director Kimberly Plourde, director Brenda Reid, director Barbara Wolcott, […][...]
TowneBank promotes HR chief to COO
TowneBank has promoted R. Lee Clark from chief human resources officer to chief operating officer, the Suffolk-based bank announced Thursday. In this role, Clark will continue to oversee human resources and will be responsible for bank operations. He’ll also become a member of the corporate management team. “Throughout his c[...]
Suffolk logistics center moves ahead
Despite lingering community opposition, Suffolk officials remain committed to the Port 460 Logistics Center, a warehouse complex on Pruden Boulevard at the U.S. Route 58 interchange, a major freight corridor to the Port of Virginia. In September 2022, Suffolk City Council approved rezoning 540 acres from general commercial and a[...]
757 Angels will partner with VentureSouth
757 Angels, a Hampton Roads angel investment group that matches venture capitalists with local entrepreneurs, is partnering with VentureSouth, one of the largest angel investment networks in the United States. Effective in June, the partnership will provide more access to capital and investors to 757 Angels’ 140 members. Estab[...]
Sentara invests $11M in Newport News revitalization
Sentara Healthcare invested $11 million in Newport News’ Marshall-Ridley Choice Neighborhood revitalization initiative, the Norfolk-based health system announced Wednesday. Sentara is providing $11 million in loan financing support for the project’s second phase, which focuses on the former Ridley Place neighborhood. The pro[...]
ODU hires associate VP for corporate partnerships
Civic Leadership Institute President and CEO Sarah Jane Kirkland will become Old Dominion University’s associate vice president for corporate partnerships on March 1, 2023, the Norfolk university announced Thursday. “Sarah Jane is well-known and highly respected in Hampton Roads, especially among business and industry leader[...]
Youngkin budget outlines EVMS/ODU merger by 2024
In his proposed budget amendments released Thursday, Virginia Gov. Glenn Youngkin lays out the framework and a timeline for the merger of Eastern Virginia Medical School and Old Dominion University, requiring it to take place by July 2024. Youngkin’s amendments to the 2022-24 state budget, which must be passed by the Gene[...]
M S International to open $61.6M Suffolk distribution center
M S International Inc. (MSI), a California-based flooring, countertop, wall tile and hardscaping products supplier, will invest $61.6 million to establish its East Coast distribution facility in Suffolk, a project expected to create 80 jobs, Gov. Glenn Youngkin announced Thursday. McDonald Development Co. will construct the 548,000-square-foot facility, which will be located at 2821 Holland […][...]
First look inside Rivers Casino Portsmouth
Rivers Casino Portsmouth will be the first permanent casino to open in Virginia when it opens its doors to the public on Jan. 15, 2023, but local media outlets got a sneak peek on Tuesday. With 28 days until opening — the casino will open for two “charity days” on Jan. 10 and 12 — […]
Va. Beach City Council approves $2M sponsorship of Something in the Water
Virginia Beach native Pharrell Williams’ Something in the Water three-day music festival will get a $2 million sponsorship from Virginia Beach as part of an incentive package approved by the City Council Tuesday night. Something in the Water debuted in April 2019 at the Oceanfront and was called off in 2020 and 2021 due to[...]
CHKD president and CEO James Dahling to retire
After nearly 30 years, Children’s Hospital of The King’s Daughters President and CEO James Dahling announced his retirement from the Hampton Roads-based health system Friday. “The board extends immense gratitude to Jim for his visionary leadership,” Akhil Jain, chair of CHKD’s board of directors, said in a [...]
