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Va. allocates $20M for broadband infrastructure projects
Seventeen localities statewide are receiving $20.1 million in grants to improve broadband internet infrastructure, Gov. Ralph Northam announced Thursday. The funding will support 11 projects that will connect 13,400 customers, the governor’s office said in a news release. The localities — primarily in rural areas — are receiving funding through the Virginia Telecommunication Initiative (VATI), […][...]
Dewberry selected to develop Va. coastal resilience plan
Updated March 19 Fairfax-based engineering and planning firm Dewberry has been awarded a $2.6 million contract by the state to develop Virginia’s first Coastal Resilience Master Plan, Gov. Ralph Northam announced Thursday. Dewberry, joined by Louisiana-based The Water Institute of the Gulf and Virginia subcontractors GKY &[...]
Elizabeth River Project receives $2.1M naming gift
The nonprofit Elizabeth River Project announced Thursday that it has received a major naming gift of $2.1 million from Norfolk‘s Pru and Louis Ryan. The gift, the largest in the organization’s history, will attach the Ryans’ names to the Elizabeth River Project’s Resilience Lab that will be built along th[...]
CDW Corp. purchases Norfolk-based Amplified IT
Norfolk-based education consulting firm Amplified IT has been purchased by CDW Corp., an Illinois-based Fortune 500 technological services provider, CDW announced Tuesday. Founded in 2008, Amplified IT focuses on the K-12 and higher education markets and is Google’s leading K-12 services partner. CDW offers its services to education customers as well as business, government and […]
Danville, Eastern Shore first Va. localities to move into third vaccination phase
Danville and Eastern Shore health districts will be moving into phase 1c of the COVID-19 vaccination rollout this week, vaccinating a variety of workers from sectors including energy, higher education, finance, legal and housing and construction. Other regions are likely to follow soon, the Virginia Department of Health announce[...]
Breeden buys $3.5M Newport News site for apartments
Breeden Investment Properties Inc. purchased a 5.06-acre land parcel to build a 176-unit apartment complex in the 200-acre Huntington Pointe residential development. The Virginia Beach-based commercial real estate development company paid $3.52 for the vacant parcel. Breeden purchased the property, located off of Denbigh Boulevard near the York County line, from Huntington Pointe LLC. C. […][...]
Chesapeake industrial property sells for $2.9M
2280 Steppingstone LLC has purchased two 12,000-square foot office/warehouse condo buildings from Chesapeake Land Co. LLC for $2.88 million in Chesapeake. The buildings are located at 2278-2280 Steppingstone Square. Geoff Poston of Cushman & Wakefield | Thalhimer handled the sale negotiations on behalf of the purchaser. Subs[...]
Virginia Beach medical office building sells for $2.7M
Virginia Beach-based Gwynn-Reed Enterprises LLC has purchased a 10,036-square-foot medical office building on 1.84 acres in Virginia Beach for $2.65 million. The property is located at 1817 Republic Road. Gwynn-Reed purchased the property from Virginia Beach-based Vitruvian Property Group LLC. S.L. Nusbaum Realty Co.’s Chris Zarpas and Chris Devine represented the seller. Subscribe to Virginia […][...]
Hampton industrial property sells for $1.7M
G & V LLC has purchased a 44,76-square-foot industrial building situated on 3.71 acres in Hampton for $1.74 million to open a manufacturing operation. The property is located at 315 E. Street. Clay Culbreth of Cushman & Wakefield | Thalhimer handled the sale negotiations on behalf of the purchaser; Robert L. Phillips, Jr., also with […]
Portsmouth apartment property sells for $1M
Portsmouth property management company Doud Realty Services Inc. has purchased the Edison Apartments in Portsmouth for $1 million as part of a 1031 tax-deferred exchange. The 16-unit multifamily property is located at 219-249 Edison Ave. Clark Simpson of Cushman & Wakefield | Thalhimer Capital Markets Group handled the sale [...]
757 economic recovery plan focuses on cooperation
At a Thursday news conference, Hampton Roads regional leaders unveiled a new economic recovery plan for the next two years that focuses on cooperation and resiliency. Hampton Roads Alliance President and CEO Doug Smith presented a report detailing multiple goals for the region to help it recover financially after the COVID-19 pa[...]
ODU researchers: How to avoid Zoom fatigue
Although pandemic workdays for many have been filled with back-to-back Zoom meetings, a sense of belonging has dwindled, according to research published by Old Dominion University and Ohio State University researchers. “Feeling like you belong with the group is so tremendously important on a videoconference, and from our resul[...]
