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Jefferson Lab names next director
The Thomas Jefferson National Accelerator Facility has named a new director, Kim Sawyer, who will replace Stuart Henderson, the lab’s director since 2017. Sawyer will start her new post at the Newport News facility Aug. 2, according to a Jefferson Science Associates news release Monday. Having previously served as deputy[...]
Chesapeake shopping center sells for $20.05M
A community shopping center in Chesapeake sold for $20.05 million in early June, property records show. Located at 4300 Portsmouth Blvd., adjacent to the Chesapeake Square mall, the roughly 180,000-square-foot shopping center sold for $18.847 million, and an associated 1.32-acre outparcel sold for $1.203 million. The shopping ce[...]
Wawa parcel in Newport News bought for $4.5M
A property leased to a Wawa in Newport News sold for $4.5 million, Cushman & Wakefield | Thalhimer announced Monday. OMILOS LLC — registered to an Arlington County address — bought the 1.95-acre parcel located at 11124 Jefferson Ave. Property records show that Athanasios K. Polyzos previously owned the property, beginnin[...]
Navy Region Mid-Atlantic changes command
After serving as commander of the Navy Region Mid-Atlantic for a little over a year, Navy Rear Adm. Wesley “Wes” McCall finished his duties Wednesday and has been succeeded by Rear Adm. Carl A. Lahti. As of Wednesday, Lahti now oversees 13 installations from Illinois to North Carolina and is stationed at the world[...]
NNS aims to grow workforce
Virginia’s largest industrial employer, Newport News Shipbuilding, hopes to grow its 26,000-person workforce by 3,000 this year to tackle its backlog of projects. NNS, a division of Huntington Ingalls Industries, is building modular components for 12 Columbia-class subs and then handing them off to partner General Dynamics’ [...]
Catch a wave
Updated July 26: Chuck Rigney resigned as economic development director after six months on the job. After three decades recruiting businesses to Norfolk, Portsmouth and Hampton, Charles E. “Chuck” Rigney is tackling a new challenge: leading Virginia Beach’s economic development. Rigney was named the Resort City’s perma[...]
Liebherr to expand Newport News-Hampton facility
Newport News-based Liebherr Mining Equipment will invest $72.3 million to expand a plant at the border of Newport News and Hampton, creating an estimated 175 jobs, Gov. Glenn Youngkin announced Tuesday. “We thank Liebherr, an international leader in mining equipment manufacturing, for its commitment to the commonwealth of Virg[...]
Firefly Aerospace to launch at Wallops Island
Cedar Park, Texas-based Firefly Aerospace has picked Virginia Spaceport Authority’s Mid-Atlantic Regional Spaceport located on Accomack County’s Wallops Island as a new launch site for its two-stage orbital Alpha rocket, Gov. Glenn Youngkin announced Monday. A small launch vehicle, the Alpha serves commercial, civil an[...]
ODU hires new engineering dean
Old Dominion University announced Tuesday it has hired Jeffrey Fergus to be the next dean of the Batten College of Engineering and Technology, starting Aug. 10. Fergus is currently the associate dean for undergraduate studies and program assessment in the Samuel Ginn College of Engineering at Auburn University in Alabama, where [...]
Va. casinos report $62.7M in May gaming revenues
May gaming revenues for Virginia’s three casinos totaled $62.7 million, according to Virginia Lottery data released June 14. Last month, the Bristol Casino: Future Home of Hard Rock temporary casino reported about $15.46 million in adjusted gaming revenues (wagers minus winnings), of which about $12.4 million came from its 891[...]
400-unit apartment complex sells for $84M in Norfolk
A 400-unit apartment community in Norfolk sold for $84 million, according to a late May news release from Croatan Investments. Originally built in 1991, the garden-style apartment community, Park Crescent, had 454,735 rentable square feet at the time of sale, according to Croatan. FPA Multifamily purchased the property from a jo[...]
Dollar Tree, a Virginia corporate success, faces new pressures over history of violations
Virginia inspectors have levied $1.9 million in fines against Dollar Tree and Family Dollar in the past 10 years for health and safety violations, according to a VCIJ at WHRO analysis. Federal inspectors have forced the stores’ parent company to pay millions more. Now, worker advocates and activist investors have increased cal[...]
