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Eastern Virginia

In December 2025, Gov. Glenn Youngkin and LS Cable & System CEO Bon-kyu Koo announced LS Cable’s plans for a second major manufacturing campus in Chesapeake. Photo courtesy Hampton Roads Alliance
Mar 1, 2026

LS Cable’s $689M Chesapeake campus doubles investment

LS Cable will invest $689 million in a new manufacturing campus in Chesapeake, creating 430 jobs and doubling its total investment in the region by 2027.

CEL Critical Power’s new facility, which opened in summer 2025, was part of a $5.225 million investment. Photo courtesy CEL Critical Power
Mar 1, 2026

Hampton Roads leverages regional economic assets

Hampton Roads drives growth with $1.5 billion in investments across defense, energy, aerospace, and logistics sectors in 2025, boosting jobs and infrastructure.

A 3D-printed mold for a hydropower impeller is printed using a wire arc additive manufacturing system. Photo by Carlos Jones, courtesy U.S. Department of Energy’s Oak Ridge National Laboratory.
Feb 25, 2026

Maritime manufacturing startup to invest $10.5M in Portsmouth

Radian Forge will invest $10.5M to grow its Portsmouth manufacturing operation to meet U.S. Navy production needs.

An affiliate of Yale Realty Services has purchased the Landstown Commons Shopping Center in Virginia Beach for $102 million. Photo courtesy Yale Realty Services
Feb 20, 2026

New York firm acquires Virginia Beach shopping center for $102M

An affiliate of Yale Realty Services has purchased the Landstown Commons Shopping Center in Virginia Beach for $102 million.

Gov. Abigail Spanberger on Feb. 18 announces that Echelon Resources will invest $20 million to redevelop two historic Fort Monroe buildings into housing. Photo courtesy Gov. Abigail Spanberger's office
Feb 20, 2026

$20M housing development coming to Fort Monroe

Echelon Resources will invest $20 million to redevelop two historic Fort Monroe buildings into housing, Gov. Abigail Spanberger announced.

Norfolk International Airport's new U.S. Customs and Border Protection facility to process international arrivals opened in February 2026. Photo by Josh Janney
Feb 18, 2026

Norfolk airport debuts $25M international arrivals facility

Norfolk International Airport on Wednesday celebrated the opening of its new $25 million international arrivals facility.

Shawn Tibbetts
Feb 17, 2026

Armada Hoffler rebrands amid strategic shift

Armada Hoffler Properties announced Monday that it plans to rebrand as AH Realty Trust next month as part of a sweeping overhaul.

MacArthur Center mall was built in 1999. The city announced it will be demolished this year to make way for a redevelopment. Photo courtesy Norfolk Convention & Visitors Bureau Offices
Feb 6, 2026

Norfolk’s MacArthur Center to be demolished this year

The city of Norfolk announced Friday that it will close and demolish the MacArthur Center mall as part of a redevelopment plan for the site.

Bahama Breeze in Michigan at 19600 Haggerty Road in Livonia is closing.
Feb 6, 2026

Amid national shutdown, Bahama Breeze to lay off 62 in Woodbridge

Darden Restaurants, owner of the Bahama Breeze restaurant chain, announced Tuesday it is permanently closing or converting the Caribbean-inspired restaurants to other brands.

Boar’s Head reopens Jarratt plant tied to deadly listeria outbreak
Feb 5, 2026

Boar’s Head reopens Jarratt plant tied to deadly listeria outbreak

Boar’s Head Provisions reopened its Jarratt meat plant Monday, roughly a year and a half after closing it following a 2024 listeria outbreak.

The fourth ultra-large vessel berth and four all-electric cranes added at Norfolk International Terminals. Photo courtesy Port of Virginia
Feb 4, 2026

Port of Virginia expands to serve four ultra-large container ships at once

The Port of Virginia can now handle four ultra-large container vessels at once after adding four new cranes at NIT.

Hampton Roads law firm secures naming rights to The Dome
Feb 4, 2026

Hampton Roads law firm secures naming rights to The Dome

Hampton Roads law firm Rutter Mills has secured the naming rights to Virginia Beach's massive entertainment venue, The Dome.

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