Sign In
Free Newsletter
Recovery time
More than a year into the pandemic, the commercial real estate market in Hampton Roads isn’t hurting. “The pandemic wasn’t as bad as we feared it might be for commercial real estate,” says Larry Colorito Jr., chair of the board of directors and a senior managing director for national appraisal firm Valbridge Property Advisors. Geoff […]
Back to the beach
After a strong summer comeback, the Hampton Roads tourism industry is facing uncertainty once again as the COVID-19 pandemic lingers. This summer, Virginia Beach hotels saw slightly higher occupancy rates than in 2019 — a welcome return to normalcy. But an autumn and winter of hospitality industry revenue declines related to e[...]
‘Where the game is happening’
Touting one of North America’s largest ports, congestion-free shipping channels and the nation’s highest percentage of maritime workers, Hampton Roads is charting a course to become the East Coast supply chain hub for the offshore wind industry. Those attributes, say local leaders, set the region apart in the race to build t[...]
Measured steps
Although Hampton Roads health care systems conducted some significant business over the past year, the biggest news was a deal that didn’t happen. Norfolk-based Sentara Healthcare’s plan to merge with North Carolina-based Cone Health, which was announced in August 2020 and would have created a 17-hospital system with a combi[...]
Questioning the daily grind
Before last year’s pandemic shutdowns, 24-year-old Julia Swanson had been commuting from Newport News to her job as a civil engineer for the Virginia Beach office of Kimley-Horn, a national engineering firm headquartered in North Carolina. It could take 35 minutes to an hour and a half traveling only one way, and Swanson says [...]
