HII lands $2.99B Navy contract
The U.S. Navy awarded Newport News-based Huntington Ingalls Industries’ (HII) Newport News Shipbuilding division a $2.99 billion contract to refuel and overhaul USS John C. Stennis supercarrier, the Department of Defense announced Friday. Under the contract, Newport News Shipbuilding will perform work for the second half of th[...]
ODU announces $3.9M cybersecurity scholarship program
Old Dominion University announced Thursday its School of Cybersecurity and Center for High Impact Practices has received a $3.9 million National Science Foundation grant to offer scholarships to cybersecurity students. Through the grant, ODU will work with Tidewater Community College and Thomas Nelson Community College to provide full in-state tuition scholarships, an annual stipend ranging […][...]
The Breeden Co. names multifamily, CRE director
Virginia Beach-based real estate developer The Breeden Co. announced Wednesday that Bonnie Moore has been promoted to director of operations for the company’s multifamily and commercial real estate divisions. Moore has been The Breeden Co.’s director of multifamily operations for more than 20 years. In her new role, she will[...]
Va. Beach insurance company names president, VP
Virginia Beach-based insurance company Core Assurance Partners Inc. announced Tuesday that Zack Brandau has been named as president and Will Russell has been named as vice president. Brandau, a founding principal of the firm, will oversee the firm’s daily operations and growth initiatives. He succeeds Doug Russell, who had ser[...]
Radford’s Brian Hemphill named new ODU president
Radford University President Brian Hemphill has been hired as Old Dominion University’s ninth president, ODU announced Friday. He will succeed John Broderick, the Norfolk university’s president of 13 years, who is retiring this year. Hemphill, who has led Radford since 2016, will join ODU this summer, according to a [...]
Chesapeake Economic Development offers extra $1M for small businesses
Through the Chesapeake Economic Development department’s latest $1 million round of COVID-19 grants, small businesses can receive up to $10,000 for reimbursable business expenses related to the pandemic, such as rent, payroll and operating costs. This marks the department’s third round of Small Business COVID-19 Recovery Grant program funding. So far, the department has disbursed […]
Sentara Norfolk General Hospital names new president
Norfolk-based Sentara Healthcare announced Wednesday it has hired Liisa Ortegon as the new president of Sentara Norfolk General Hospital, one of the state’s largest hospitals. She replaces Carolyn Carpenter, who left to join Johns Hopkins Health System as its capital region president. Ortegon most recently served as senior vic[...]
Three Hampton Roads revitalization projects receive $1M from state
Gov. Ralph Northam announced Tuesday that $1 million in Port Host Communities Revitalization Fund (PHCRF) grants will go toward three projects in Hampton Roads including revitalizing the vacant 57,792-square-foot Willis Building in Norfolk, making updates to the Menchville Marina to aid the state’s oyster industry and redeveloping the 51-acre Lovett Point property in Portsmouth for […][...]
Rush Street Gaming announces general contractor for Portsmouth casino
Rush Street Gaming, the developer and gaming operator for the upcoming $300 million Rivers Casino Portsmouth, announced Friday it has chosen a joint venture between Virginia Beach-based S.B. Ballard Construction Co. and Philadelphia, Mississippi-based Yates Construction as the resort casino’s general contractor. Ballard an[...]
COVID roundup: Va. to receive more weekly vaccine doses immediately
Virginia expects to receive about 18,000 more weekly COVID-19 vaccine doses starting immediately, as the federal government’s pledge to increase distribution by about 16% kicks in Monday. That will raise the commonwealth’s vaccine supply from 118,000 doses to 128,000 doses per week, said Dr. Danny Avula, the state’s vaccine coordinator. Meanwhile, the number of virus-related […][...]
York County shopping center sells for $2.9M
A shopping center in York County sold for $2.9 million, Cushman & Wakefield | Thalhimer announced Tuesday. The 39,000-square-foot Town & Country Shopping Center is located at 465-469 and 473 Merrimac Trail and is fully leased to tenants including NAPA Auto, Family Dollar, Davita Dialysis, Eastside Church, The Wash Hous[...]
Virginia Beach revives resort office to bolster Oceanfront tourism
This summer, visitors to Virginia Beach’s resort area will be greeted by spruced-up properties, enhanced entertainment options and new tourism ambassadors. These are just some of the city’s efforts to improve the 40-block commercial district through its restored Resort Management Office. City Council is allocating $1.1 milli[...]