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Eastern Virginia

Sep 24, 2021

8 Va. companies land spots on $42B Air Force contract

Eight Virginia companies have landed spots on a $46 billion contract with the U.S. Air Force Eglin Wide Agile Acquisition contract. The Air Force awarded spots to 55 firms, according to a Department of Defense announcement this week. The contract provides for work in digital engineering and model-based systems engineering, agile processes, open systems architecture, […]

Sep 24, 2021

CNU President Paul Trible to retire in August

Christopher Newport University President Paul S. Trible Jr. announced Friday he plans to retire as president next August. He will then serve as chancellor for the next academic year, and Adelia Thompson, university’s chief of staff and acting CEO, will be CNU’s interim president. Trible, a former U.S. senator and mem[...]

Touwanna Brannon
Sep 23, 2021

Thomas Nelson Community College renamed Va. Peninsula

Thomas Nelson Community College, based in Hampton and James City County, will soon be called Virginia Peninsula Community College, the Virginia Community College System’s state board voted Thursday. In February, the college’s local advisory board voted unanimously to change the school’s name, bestowed to honor [...]

Sep 21, 2021

The Lawson Cos. hires first talent and development manager

Virginia Beach-based property management firm The Lawson Cos. hired Brandi Hall as its first talent and development manager, it announced Tuesday. Hall is responsible for hiring and training Lawson employees as well as retaining them. She has 16 years of experience in human resource roles and was most recently the human resource[...]

Sep 20, 2021

Va. Beach apartment complex goes for $28.1M

Arbor Trace Apartment Homes, a Virginia Beach complex in the Oceanfront area, has sold for $28,175,000 to Hill Property Partners LLC, S.L. Nusbaum Realty Co. announced Monday. The neighborhood at 624 Suhtai Court is made up of 148 two-bedroom units, which will receive upgraded flooring and new appliances and fixtures. The commun[...]

Sep 17, 2021

Green Clean Express Auto Wash to open 20+ locations in Va.

Green Clean Express Auto Wash, a Norfolk business acquired by Ohio-based Express Wash Concepts in May, plans to open more than 20 car wash locations throughout Hampton Roads, Richmond and Charlottesville by the second quarter of 2022. As part of its expansion, Green Clean purchased an acre in Virginia Beach for $1,794,500, Cush[...]

Sep 17, 2021

Recent commercial real estate deals in Hampton Roads

The following commercial real estate deals in Hampton Roads were announced the week ending Sept. 17 by local firms. A multi-tenant retail condo at The Strand at 3244 Holland Road in Virginia Beach sold for $2.02 million. The 10,200-square-foot building was purchased by a private investment group that will occuply one of the exis[...]

Sep 16, 2021

Old Point Trust names new president and CEO

Hampton-based Old Point Trust & Financial Services has a new president and CEO, its parent company announced Thursday. A. Eric Kauders Jr., who led Bank of America’s $16 billion fiduciary business in three states, started his new job this week, succeeding Eugene M. Jordan II, now Old Point Financial Corp.’s gener[...]

Sep 14, 2021

Aery Aviation to add 211 jobs, expand Newport News HQ

Newport News-based defense contractor Aery Aviation LLC will add 211 jobs with the $15.3 million expansion of its headquarters in Newport News, Gov. Ralph Northam announced Tuesday. The aviation company will build a 60,000 square-foot hangar with access to the Newport News/Williamsburg International Airport runway and an engineering technology center to provide maintenance and modification […][...]

Sep 13, 2021

Bank of America names new Hampton Roads president

Francisco “Frank” Castellanos has been named the Hampton Roads region president for Bank of America, the bank announced Monday. Castellanos comes to Bank of America from Merill Lynch Wealth Management, where he was the market executive for greater Virginia and a market integration executive. He previously worked in B[...]

Sep 13, 2021

Del Taco expands to Virginia with 10 locations

California-based Del Taco Restaurants Inc. is expanding its taco empire into Virginia with 10 new locations, the company announced Monday. Del Taco signed a deal with Virginia Beach-based franchise group Virginia Taco. The nation’s second-largest Mexican quick service restaurant will have locations in Virginia Beach, Chesa[...]

The Pamunkey Indian Tribe plans to build a $500 million casino and resort on the Elizabeth River if Norfolk voters approve the project on the November ballot. Rendering courtesy Pamunkey Indian Tribe
Sep 10, 2021

Pamunkey Tribe names W.M. Jordan, Suffolk as Norfolk casino builders

Newport News-based construction company W.M. Jordan Co. will team up with a national firm, Suffolk, to build Norfolk’s $500 million HeadWaters Resort & Casino project on the Elizabeth River, according to a Friday announcement from the Pamunkey Indian Tribe, the casino’s operator. Suffolk, which earns $4 billion i[...]

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