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Troutman Sanders completes merger with Pepper Hamilton
After postponing its original April 1 merger date due to the COVID-19 pandemic, Atlanta-based law firm Troutman Sanders LLP and Philadelphia-based Pepper Hamilton LLP announced Wednesday they have merged to become Troutman Pepper Hamilton Sanders LLP (Troutman Pepper). Among Troutman Pepper’s 23 nationwide offices, the Richm[...]
Colonial Williamsburg begins gradually reopening
After a rough spring, Colonial Williamsburg reopened June 14 on a limited basis, although visitors may notice modern reality intruding in the form of face masks and Plexiglas barriers. With nearly 2,000 workers, Colonial Williamsburg is one of the Peninsula region’s largest employers, but it was especially hard hit by the cor[...]
Making a difference
As health care systems raced to locate new sources of personal protective equipment during the first months of the COVID-19 pandemic, Virginia’s engineering schools stepped up with innovative plans for manufacturing in-demand PPE. In Roanoke, where the number of COVID-19 cases has remained much lower than Northern, Eastern and[...]
Dominion debuts first offshore wind farm in U.S. federal waters
After nearly a decade of planning, Richmond-based Dominion Energy Inc. is on the verge of harnessing offshore wind power following the installation this month of two turbines off the coast of Virginia Beach. Standing approximately 600 feet tall, the 12-megawatt turbines are the cornerstone of Dominion’s $300 million Coastal Vi[...]
City of Suffolk names HR director
Suffolk City Manager Patrick Roberts announced Thursday that Robin Wynn will be the city’s new director of human resources, effective July 1. Wynn was most recently the human resources director for the Virginia Alcohol Beverage Control Authority in Richmond. With more than 28 years of experience, she has also served in hum[...]
TowneBank and CHKD buy Norfolk Southern Tower for $30M
UPDATED JULY 2 | Suffolk-based TowneBank and Children’s Hospital of the King’s Daughters (CHKD) have jointly purchased the 22-story Norfolk Southern Tower in downtown Norfolk from the Fortune 500 railroad corporation, which is in the process of migrating its corporate headquarters to Atlanta. The building sold for $30 mill[...]
Norfolk apartment complex sells for $17M
The Brittany Place apartment complex in Norfolk has sold for $17 million, New York City-based commercial real estate company Berkadia Commercial Mortgage LLC announced late last week. Located at 6143 Edward Street, the complex includes 148 two-bedroom units. The Affordable Housing Corp. sold the property to 6143 Edward Street [...]
Survey: Economic, cultural impact of virus concern Va. execs
A newly released survey finds that Virginia business and nonprofit leaders are concerned not only about the financial but the cultural impact of the COVID-19 pandemic. The Culture Conundrum survey, which polled 365 leaders across Central Virginia, Hampton Roads and Northern Virginia, was conducted from May 19-31 by Williamsburg-based marketing research firm Brand Planning LLC […]
Sentara opens $93.5M Brock Cancer Center in Norfolk
Norfolk-based Sentara Healthcare announced Friday it has opened the $93.5 million, 253,000-square-foot Sentara Brock Cancer Center, a patient treatment and care facility in Norfolk. The facility, which started construction in March 2018, opened to patients on June 1. It’s named for philanthropists Joan Brock and her late[...]
$125M Marriott Virginia Beach Oceanfront hotel opens
The $125 million, 305-room Marriott Virginia Beach Oceanfront is now open, Virginia Beach hospitality and real estate company Gold Key | PHR announced Thursday. The hotel, managed by Gold Key | PHR, is an addition to The Cavalier Resort, which includes the Historic Cavalier Hotel and Beach Club, two restaurants, 25,000 square fe[...]
ECPI University announces $4M in scholarships for black students
Virginia Beach-headquartered ECPI University will offer $4 million in scholarships for African American students in science, technology, engineering, math and health care programs, it announced Thursday. The new LIFT scholarship (Lead, Instruct, Foster, Transform) will pay for tuition, computers and Wi-Fi access for black studen[...]
Ship repair company building $64.4M Newport News campus
S23 Holdings LLC, a maritime company focused on ship repair and manufacturing, plans to locate its corporate and industrial campus in Newport News, Gov. Ralph Northam announced Tuesday. The company, which includes among its affiliates East Coast Repair and Fabrication (ECR), will invest $64.4 million and is expected to create 332 jobs. ECR already has […]
