Businesses “Dry January” became all too literal in Richmond, where city residents and businesses struggled with a water outage that started Jan. 6, delaying the start of the General Assembly, and leaving the city without water for several days. (Jan. 8)
Caesars didn’t shortchange on spectacle for the opening of its $800 million Danville casino, the third permanent casino to open in the state. (Dec. 17, 2024)
A Massachusetts-based fusion energy company, plans to build the world’s first grid-scale commercial fusion power plant in Chesterfield County. (Dec. 17, 2024)
A federal court jury in Abingdon found Dr. Joel Smithers, who previously practiced in Martinsville, guilty of 466 federal counts of illegally prescribing Schedule II controlled substances and of one count of maintaining a place for the purpose of illegally distributing controlled substances. (Jan. 7)
1. and 2.President Donald Trump, right, and first lady Melania Trump watched fireworks at Trump National Golf Club Washington, D.C. in Sterling on Jan. 18, ahead of the 60th Presidential Inauguration. (Photos by Matt Rourke/Associated Press and Alex Brandon/Associated Press)
3. L to R: Heng Yong and Chenxi Lu, attorneys at Williams Mullen; Tinh D. Phan, founder and
chairman, the Virginia Asian Chamber of Commerce; My Lan Tran, executive director, VACC; Virginia Gov. Glenn Youngkin; Kajal Kapur, president of Kapur Energy Environment Economics; and Srini Bayireddy, president of Navitas Consulting, at the chamber’s Dec. 4, 2024, awards gala. The chamber presented Youngkin with its Champion of Economic Visionary Award. (Photo by Austin Stevens, Office of the Governor)
4.Linda Green, immediate past president of the Virginia Economic Developers Association, presented VEDA’s 2024 President’s Award to Mike Grundmann, senior vice president of talent solutions for the Virginia Economic Development Partnership, at VEDA’s winter meeting in Richmond Dec. 5, 2024. (Photo courtesy VEDA)
5.Green Front Furniture Chief Operating Officer Dianne Cunningham poses with newly adopted puppy Gala and Green Front CEODen Crallé at the Dec. 7, 2024, Southside SPCA Holiday Gala in Farmville. Green Front sponsored the sold-out gala, which raised $50,000 for local shelter animals. (Photo courtesy Green Front Furniture)
In May 2022, Virginia officials were in a buoyant mood as Fortune Global 500 aerospace and defense giant Boeing announced it would move its world headquarters from Chicago to Arlington County, with then-President and CEO Dave Calhoun having conferred with Gov. Glenn Youngkin months ahead about the move.
Nearly three years later, the mood is radically different. Calhoun is gone, following the January 2024 blowout of a Boeing jet’s door plug in midair, which led to federal investigations and cratering jet sales. Although the blowout didn’t claim any lives, the incident prompted further regulatory scrutiny of Boeing’s settlement with the government following two fatal crashes of 737 Max planes in 2018 and 2019. In September 2024 came the hiring of new Boeing CEO Kelly Ortberg, who promptly announced he would be based in Seattle, close to the company’s troubled commercial aircraft division.
Now the question is whether Boeing’s headquarters will move west with Ortberg, who has purchased a home in Seattle, according to The Seattle Times.
Boeing did not respond to questions about its plans; also unclear is the status of a research and technology hub that the company pledged to build when it announced its move to Arlington, where about 400 employees currently work.
However, Boeing, which reported annual losses of $11.83 billion for 2024, has so far resisted talk of moving its corporate headquarters from Arlington to Seattle. Last year, the Securities and Exchange Commission allowed Boeing to block a stockholder’s attempt to bring the matter up for a vote during Boeing’s May 2024 annual shareholders meeting.
Either way, while Boeing’s headquarters move there was a nice feather in Northern Virginia’s cap, “it’s not that important” in terms of Virginia’s economy if Boeing moves out of the state, says Terry Clower, director of George Mason University’s Center for Regional Analysis.
“It’s all about the company and its ghastly record.”
In the meantime, Boeing has finished much of its unpleasant business. In July 2024, in a case related to fatal crashes of two 737 Max jetliners, Boeing finalized its guilty plea to a federal criminal fraud conspiracy charge, under which it will pay at least $243.6 million in fines. And in November 2024, the company reached a deal to end a machinists’ strike that halted jet production for two months.
By January, Boeing was expected to have laid off about 10% of its 170,000-person workforce, including 68 employees across Virginia. Boeing would not specify how many of those employees were at each location, or whether any of those layoffs were related to a headquarters move.
“We are adjusting our workforce levels to align with our financial reality and a more focused set of priorities,” a Boeing spokesperson said via email.
In Southwest Virginia, the trend of outmigration among younger people appears to be slowing and even reversing in some counties.
The decline in the population aged 25 to 44 in Wise and Lee counties has slowed during the first half of the 2020s compared with the early 2010s, according to University of Virginia Weldon Cooper Center for Public Service research based on census data. Russell and Scott counties have shown slight growth in their 25-to-44-year-old workforces, as has Washington County, although Bristol, Virginia, has seen a decline.
This trend is largely the result of remote work and a tight labor market, says Hamilton Lombard, a Weldon Cooper Center demographer. Reece Miller with Holston Realty, 2024 president of the Bristol TN/VA Association of Realtors, agrees: “The reason we’re seeing it grow in some areas … is the COVID boom, the work from home revolution. People [are] able to bring a higher paying job, come to Southwest Virginia where there’s a low cost of living and still purchase a home or some land.”
From 2019 to 2022, there was a 30% increase — 309 people — in workers technically based in Washington, D.C., but working from Southwest Virginia, according to U.S. Census Bureau’s Longitudinal Employer-Household Dynamics data.
Because that dataset excludes most federal workers, the actual number is likely higher, Lombard says.
Travis Staton, president and CEO of Abingdon nonprofit EO, says he’s seen remote workers come to the region “because they don’t want the city life. They can work remotely, they are professionals, and they’re actually helping drive local economies.”
This influx of young professionals is helping diversify the regional economy, bringing in high-paying jobs in fields like tech, consulting and finance, “and that’s going to stimulate the economy a lot of ways,” Lombard says.
The migration has also fueled competition in Bristol’s housing market — and a shortage of residential units is at least part of the reason Bristol’s 25-to-44-year-old population hasn’t grown, while adjacent counties’ populations have. For instance, the city had only 2.77 months of inventory in November 2024, while a balanced real estate market should have about six months’ worth.
Bristol lacks land for new construction, Miller notes, and “the city’s kind of filled out as much as it really can. There’s not a ton of dead space,” he says, at least under current zoning policy.
The “city surrounded by water” — Norfolk — is going through “an evolution, putting in necessary investments to stay on top of the times” as a tourism destination, says Sean Washington, the city’s director of economic development. The city is expanding its cruise center to accommodate an influx of passengers year-round, has broken ground on a casino complex, and is sprucing up its arts and culture hub.
It’s also making improvements to its airport, Washington says, to “make the traveler’s experience as efficient and convenient as possible. … Now, it’s a lot of dollars, but it’s necessary that it is invested in the overall experience of the traveler.”
The amount of the city’s investment in various projects is not unusual, Washington says. But the timing of it is compressed because “so many of our older assets needed work at once.”
The 12-deck Carnival Sunshine setting sail weekly from Norfolk to the Bahamas, Bermuda and the Caribbean holds about 3,300 people.
“So, every weekend, 3,300 people are arriving and 3,300 people are disembarking,” says Stephen Kirkland, executive director of Nauticus maritime museum. “They’ll be shopping, eating, staying in hotels. We expect people to be driving in and people will be flying into the Norfolk airport. We hope people driving will stop on the way in or the way home” and visit other Virginia attractions.
About 300,000 passengers are expected to move through Norfolk annually, starting this year. Roughly $12 million in enhancements will go into making that traffic flow smoothly. The city is footing the bill.
The 80,000-square-foot facility that is home to Virginia’s only cruise ship program shares its space with Nauticus’ Maritime Discovery Center, Sail Nauticus — a Nauticus Foundation program for underserved youth, and the historic Battleship Wisconsin, one of the largest battleships ever built by the U.S. Navy.
One of the key improvements to the city-owned cruise center, according to Kirkland, is the replacement of cramped elevators and escalators with a sloped circular ramp that will make boarding and exiting ships more efficient. “People, luggage. Everything from Xerox paper to lobster tails needs to have a quick turnaround. Every five minutes saved helps,” he says.
Work also is being done to improve U.S. Customs and Border Protection facilities to handle the increasing number of passengers. Kirkland says mobile customs kiosks are being added for efficiency.
An outdoor terrace area at the center is being enclosed to provide air-conditioned seating space for about 600 passengers waiting to board. That’s expected to be completed this fall.
Chrysler Hall will shut down for a full season to allow a full renovation, says Sean Washington, Norfolk’s director of economic development. Photo by Mark Rhodes
Norfolk is already a port of call for several cruise lines, Kirkland notes. “It works well. Ships arrive during week and people take tours of Williamsburg, Jamestown, Yorktown” and of Norfolk itself, he says.
Still, the booming cruise line industry has been meeting with resistance at overcrowded ports of call around the globe. Some residents in Yorktown protested a Princess pilot program that would have brought thousands of tourists to its small port, so those plans were put on hold.
“We’ve not had any real concerns here in Norfolk, but we do recognize that this heightened cruise activity needs to be carefully balanced with other priorities in the community,” says Kirkland, who has met with local businesses owners, hoteliers and civic league leaders.
Carnival began sailing from Norfolk in 2002, and in 2023 operated a six-month cruise schedule from May to October. A total of 250,000 cruise passenger visits last year made it the busiest season in the city’s history. Norfolk’s expansion is a sign of how the cruise industry has changed after the Sept. 11 terrorist attacks, Kirkland adds. Before, cruises were mostly out of New York City, Miami and Los Angeles. “There are more ports now. They’re bringing the ships to the people.”
Doubling down
Last year, Norfolk took its first step toward joining three other Virginia cities in the casino business. In October 2024, the Pamunkey Indian Tribe and Boyd Gaming, its corporate partner, broke ground on a commercial casino resort on the north bank of the Elizabeth River, near Harbor Park. This came after multiple delays following city voters approving a casino referendum in 2020, as well as a change in the business partnership.
Plans for the $750 million Norfolk resort call for a 200-room hotel, eight food and beverage outlets, and a casino floor with 1,500 slot machines and 50 table games.
It is expected to open in late 2027, but in the meantime, a temporary casino will be built on the property, which is expected to open in November, says David Strow, spokesman for Boyd Gaming. “The transitional facility will be at the front of the site, using a minimum amount of space. We want to leave ourselves plenty of room” for the permanent casino, he notes.
The new casino originally was to be named Head Waters Resort & Casino, but “it will have a different brand,” Strow says. A new name has not been announced.
“We’re looking to be a best-in-market facility. We want to attract people not only from the Hampton Roads region but from other states, other markets,” Strow says. The new casino “will create hundreds of new jobs. It will create tax revenues and purchasing opportunities for local business.”
Once it opens, the Norfolk casino will join the Hard Rock Hotel & Casino Bristol, Rivers Casino Portsmouth, and Danville’s Caesars Virginia, as well as Petersburg’s Live! Casino & Hotel Virginia, which is expected to open in 2026.
The region already has plenty of reasons for people to visit, Strow adds. “Our hope is to add to that experience. We could partner down the road with cruise ship traffic. That could be an opportunity. We believe there are synergies to partnering with others in the community.”
To give people even more reason to visit, Norfolk is sprucing up its entertainment venues. At the end of this season, the Chrysler Hall performing arts theater, which features Broadway shows such as “Mamma Mia!” and “Tina – The Tina Turner Musical,” will shut down for one full season.
The upgrade will make loading and unloading theater sets quicker, Washington says. Currently, “we can’t turn the shows as fast as we want to.”
After the lights are back up at Chrysler Hall, the city plans to close the Scope Arena for renovations, Washington says. “We’ll do them back-to-back, then have them both back online.”
The Scope Plaza — the shared space between Scope and Chrysler — has been underused, Washington adds, and the overhaul of the buildings will provide an excuse for more outdoor entertainment. In August 2024, thousands of music fans showed up to the plaza for the Cousinz Festival, a one-day music event with headliners Erykah Badu, Larry June and Jermaine Dupri, and organizers announced the festival will return in 2025.
Plans for the city-owned former Military Circle mall property also are shaping up. Washington says the project will center on a tournament-caliber ice rink complex, plus residential, retail and hotel space. “If we want to have sports tourism, we don’t want to duplicate what’s being done in surrounding cities,” such as Virginia Beach’s emphasis on volleyball, Washington says.
There’s also still discussion about what should happen at the struggling MacArthur Center mall, which was purchased by the city in 2023 for approximately $18 million. Washington says MacArthur Center is ready “for some big developments.” As of late 2024, the city has completed studies and met with developers, he notes. “There’s a lot of great momentum. Everybody was highly impressed with the city and are wanting to move forward.”
Taking off
All the visitors attracted to the area have “dramatically increased demand” at Norfolk International Airport, says Mark Perryman, president and CEO of the Norfolk Airport Authority, which runs the airport.
Traffic has increased from 4.1 million passengers in 2022 to 4.86 million in 2024 at an airport that “hasn’t had major improvements other than upgrading parking structures” in more than 20 years, according to Perryman. But that’s changing.
To prepare the airport for the coming decades, a billion-dollar improvement project is underway to update critical infrastructure and add amenities. Among the biggest changes is a new $400 million departures terminal, with groundbreaking expected in summer 2026.
Already completed is an update of the airport’s primary runway, which returned to full service in December 2024, following the replacement of older concrete surfaces with easier-to-maintain asphalt. A new 80-space “park-and-wait” area opened just in time for the 2024 Christmas rush, and three additional gates in Concourse A are expected to be finished by November.
Other projects include a new U.S. Customs Inspection facility, which will replace one that is more than 25 years old, and by summer a new moving walkway connecting parking decks is expected to be operational, Perryman says.
Also in the works is a 165-room Courtyard by Marriott hotel, connected directly to the terminal. It’s set to be open in early 2026, Perryman says, and it fulfills a long-term need.
“Norfolk and Virginia Beach have a shortage of hotel rooms. We don’t have anything really close to the airport — the closest hotel is about three miles away. This will be nice for early flights and late arrivals,” he says.
Another big project is a $200 million consolidated rental car facility scheduled for groundbreaking this year. The new facility will be more efficient, Perryman says. Rental cars will be serviced on site, and “we need the parking spaces” the rental car companies have been using in the parking garages.
Sprinkled among the larger projects are smaller improvements to make airport travel more pleasant, including new seating, phone chargers and more vending machines.
For all these improvements, Perryman notes that the airport is mainly covering costs itself. “We don’t receive any tax money from any municipalities — not from the general revenue, not from property taxes.”
The airport receives some grant money but, for the most part, “we use user fees to support ourselves,” he says. The Norfolk Airport Authority had $98 million in total revenue in fiscal 2024, up from $87 million the prior fiscal year. Hotel and rental car companies, meanwhile, are providing their own financing for their projects. Perryman’s also looking ahead to increased cruise travel and its impact on the airport.
“How do we get people between the airport and the port?” he asks. “We don’t have the capacity with taxis, Uber and Lyft. We’re looking at having dedicated shuttles.”
It’s all part of making the Norfolk “the best flying experience possible,” he says. “We want to make our piece of it as customer-friendly as possible.”
Norfolk at a glance
Located at the mouth of the Chesapeake Bay, Norfolk’s vast waterfront acreage has earned it the nickname of “the Mermaid City.” Home to Naval Station Norfolk — the world’s largest naval base — the city has capitalized on its strategic location as a hub for both defense and international shipping. However, Norfolk has grown beyond its maritime roots, developing a vibrant food and entertainment scene. The third most populous city in Virginia (behind Virginia Beach and Chesapeake), Norfolk is also a higher education powerhouse, home to Old Dominion University, Norfolk State University, Eastern Virginia Medical School (now part of ODU), Tidewater Community College, ECPI University and Tidewater Tech.
Major attractions
Tourist attractions in the Mermaid City include Nauticus maritime museum, which just reopened after a $21.5 million renovation, and the Battleship Wisconsin. Norfolk Botanical Garden has 60 different gardens and offers a popular holiday lights display. The Chrysler Museum of Art, the Barry Art Museum at ODU, which is undergoing a significant expansion, and the Glass Light Hotel & Gallery collectively have the largest collection of glass to be viewed for free in the world.
Professional sports
Norfolk Tides Minor League Baseball (Baltimore Orioles affiliate)
Norfolk Admirals East Coast Hockey League
Top convention hotels
Sheraton Norfolk Waterside Hotel 45,570 square feet of event space, 466 rooms
Norfolk Waterside Marriott 68,879 square feet of event space, 407 rooms
Hilton Norfolk The Main 60,000 square feet of event space, 300 rooms
Top employers
U.S. Department of Defense (10,000-plus employees)
Sentara Health (7,500 to 9,999 employees)
Norfolk Public Schools (7,500 to 9,999 employees)
Norfolk city government (2,500 to 4,999 employees)
Old Dominion University (2,500 to 4,999 employees)
Johnson’s perhaps best known as a community leader in Hampton Roads. In 2011, he started work with SunTrust, after 17 years with the United Way, and in 2019, SunTrust and BB&T merged, creating Truist. In 2023, he was promoted to his current post, helping fund nonprofit community organizations. In 2022, he was honored at the UNCF Mayors’ Masked Ball in Hampton for his service to the community.
MY MOST MEANINGFUL JOB:I have dedicated the majority of my career to community development, beginning with my service to United Way. This experience allowed me to cultivate leadership skills and build strategic partnerships, ultimately leading to my current role.
WHOSE FOOTSTEPS I’M FOLLOWING:It has been a true honor to follow in my father’s footsteps, as he dedicated most of his career to serving as a community development banker, inspiring me to carry forward his legacy of impact and service.
HOW I GIVE BACK: As an executive leader, I see my role as an opportunity to educate, empower and equip the next generation with the knowledge and tools to shape the future. This commitment extends to serving on local nonprofit boards and supporting small businesses.
MOST MEANINGFUL AWARD: I have been incredibly honored to receive numerous awards throughout my career, but one that stands out is the Wall of Distinction award. This prestigious recognition from my high school celebrates alumni for their outstanding accomplishments in athletics, academics and professional success. Being included among such remarkable individuals is very humbling.
Stubbs was recognized in 2022 with the annual Women in Technology Award, presented by multiple cable telecommunications organizations. At Cox, Stubbs oversees network planning, engineering and telecommunications operations across the state, but she started with the company in Texas in 2005. She’s also Virginia chapter adviser for the Women in Cable Telecommunications board.
FIRST JOB: The “lotto girl” at a convenience store. I operated the lottery machine before automation, manually entering three- and four-digit numbers in every possible combination.
WHY I CHOSE MY PROFESSION:I’ve always had an analytical mind and have worked in tech throughout my career, with my introduction to the cable industry early on. Engineering offers endless opportunities for learning and growth. It is the foundation to the internet. Being part of what connects people globally is both fascinating and exciting, which is why I’ve stayed in the industry for over 20 years.
HOW I GIVE BACK:I’m actively involved in my church, working with the youth ministry. I also serve on the board of Envision Lead Grow, an organization focused on empowering girls to move from poverty to prosperity. I willingly support organizations like the Hampton Roads Chamber, where I share my experiences and expertise on panels and other events.
MEANINGFUL AWARD I’VE RECEIVED:The Women in Technology award from CableFax, WICT and SCTE was incredibly meaningful to me. It recognized my contributions in a field where women are often underrepresented. This award not only validated my hard work but also reinforced my commitment to empowering women in technology and continuing to break barriers in the industry.
Jenkins has led the Geller Law Group’s operations and human resources since 2023, but she worked with the firm as a contract consultant beginning in 2020. Before that, Jenkins held leadership roles at the March of Dimes and advised Microsoft and other organizations. She holds DEI credentials from Cornell and is a doctoral candidate at the University of Illinois.
FIRST JOB:Martial arts instructor
WHY I CHOSE MY PROFESSION:I’ve been blessed with the opportunity to work in various sectors and made the choice of human resources and operations because I could apply skillsets such as my expertise in DEI, communication, conflict resolution and operational management to improve the communities I serve.
HOW I GIVE BACK: I give back to communities both nationally and internationally. I travel to communities in Europe and Africa to teach self-defense to kids who face a world working against them. Nationally, I host self-defense workshops, mentor, sponsor STEM events for youth in underserved communities, and work with multiple community organizations to break down barriers.
MOST MEANINGFUL AWARD:The Heroines of Washington Award from the March of Dimes. It was the most meaningful because I was recognized for my work in the public sector, supporting the communities I grew up in, as well as surrounding areas. My community is my heartbeat, and being recognized as such a valuable changemaker meant so much to me.
PROUDEST PROFESSIONAL ACCOMPLISHMENT:Being able to educate over 40,000 health care professionals on dismantling bias in maternal and infant care settings.
HOBBIES: I also hold a degree in geology and love minerals, jewelry making and handcrafting other goods.
In 2020, Graves joined Sentara as president of its Princess Anne Hospital, an acute-care facility in southern Virginia Beach. She was previously president and CEO of UNC Rockingham Health Care in North Carolina and has degrees from the University of North Carolina and Emory University. Graves also serves on the YMCA of South Hampton Roads board.
WHY I CHOSE MY PROFESSION: I always knew I wanted to work in health care but had no knowledge of jobs outside of physicians and nurses. My junior year at Emory, I heard a senior mention health administration. I decided to apply to programs even though I didn’t really know what it was! And I fell in love with the field. I get to combine business acumen with improving health, a dream come true.
HOW I GIVE BACK: “Be who you needed when you were younger” is the phrase that guides me. I actively mentor young leaders, especially women from underrepresented backgrounds, so they feel supported in their career journey. I also serve on boards and organizations that are committed to those who need it most, including the YMCA of South Hampton Roads, United Way Women United and Alpha Kappa Alpha.
THE MOST IMPORTANT ADVICE MY MENTOR GAVE ME: As a child, I would sometimes go with my dad to clean buildings. One evening, he said to me, “This company has both a CEO and a janitor. If both of them don’t come to work for three days, which one will they miss? Don’t you ever look down on any job.” That advice rooted me.
Last July, Smith announced her plans to retire in 2025 after 15 years at the helm of LMR, which among other programs offers an annual leadership training course known as Leadership Quest. A Richmond native, Smith spent more than two decades at United Way and is immediate past chair of the Jenkins Foundation, which funds health care equity grants.
FIRST JOB:Community and economic planner at Planning District 15 in Farmville
MOST MEANINGFUL JOB: In the late ’80s at United Way, I staffed the Greater Richmond AIDS Impact task force. Through our inquiry, service gaps were identified, and one was financial assistance for individuals living with HIV. We created the AIDS Emergency Fund, which I developed and managed.
WHY I CHOSE MY PROFESSION: I have been fascinated by leaders since I was a kid. Their stories and biographies drew me — learning of their journeys, challenges and how they led inspired me to read and learn more. As a teen, serving on advisory councils and as an intern for city council members, I had close exposure to the new historical leadership of our city.
THE MOST IMPORTANT ADVICE MY MENTOR GAVE ME:I cannot pinpoint specific advice, but one of my mentors had helped and supported me when I doubted myself and my ability to move forward. She has been a role model and probably doesn’t realize the impact she has made, my mentor Eva Teig Hardy.
FAVORITE PLACE I’VE TRAVELED: Montgomery, Alabama. Its historical presentations of my descendants’ past are etched forever.
HOBBIES:Collecting primitive antiques. My family has lived in Amelia County since the early 1800s, and most of my pieces are from my descendants.
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