Cover Story
Gazing into the future
What does 2043 have in store for Hampton Roads?
The waterways and shorelines that make up Hampton Roads harbor a historic reputation as ideal hosts for commerce, trade, shipbuilding, military installations and government research. Its beaches and historical sites
Interview
Executive insights
Published
Virginia Business asked six Hampton Roads leaders to discuss how their organizations are contributing to the region’s success and meeting challenges such as workforce recruitment and inflation. DAWN GLYNN President
Opinion
Long-range forecast
Published
In this 2023 issue of Hampton Roads Business, several experts give us their takes on what the region will look like in 20 years. A lot of what we think
From This Issue
Legal Services/ Pro Bono 2023
Published
Tricia Lund Batson Legal Aid Society of Eastern Virginia, Norfolk Arlene Beckerman Northern Virginia Pro Bono Law Center, Fairfax David Dennis Beidler Legal Aid Society of Roanoke Valley, Roanoke Lisa
Flying high
Norfolk airport sees banner year
Published
Norfolk International Airport is on track to have the best year since its 1938 opening. In June, the airport reported a 7.5% increase in passenger activity, with 431,637 passengers —
Advertisement
An overview of Hampton Roads
Published
With a population of 1.79 million people in 17 localities, Hampton Roads is the second most populated region of Virginia, just behind Northern Virginia. Virginia Beach, with approximately 457,000 residents,
Space race
Class A office, industrial space in high demand
Published
Leaders of a regional engineering firm figured finding office space in the Town Center of Virginia Beach would be a breeze. Newspapers were reporting that demand for offices was down
A rising tide
Port lifts Hampton Roads office, industrial markets
Published
The Port of Virginia continues to drive commercial real estate activity in Hampton Roads as shipping and logistics companies seek footholds. The region’s office vacancy rate rose this year —
Making bank
TowneBank still leads market, but Truist is close
Published
Suffolk-based TowneBank continued to lead Hampton Roads with the largest market share in fiscal 2022, 25.67%, according to the Federal Deposit Insurance Corp.’s June 30, 2022, report. However, that figure
Propelling forward
Shipbuilder working to meet Navy sub demands
Published
A massive building is rising on the northernmost point of Newport News Shipbuilding on the James River, physical evidence of the shipyard’s ambitious plan to build the Navy’s next generation
Under construction
Projects currently in the works or recently completed
Published
Atlantic Park Virginia Beach Proposed in 2017 by music icon Pharrell Williams and Venture Realty Group, Atlantic Park finally got underway in March with a groundbreaking on the first phase
Wallops Island lifts off with Rocket Lab addition
Published
Rocket Lab USA is boosting the visibility of one of the United States’ lesser-known spaceports on Virginia’s Eastern Shore. Since January, the California-based aerospace company has launched three successful missions
Residential roller coaster
Local housing prices rise, drop, rise again
Published
Last year began on a high note for the Hampton Roads residential real estate market, with home prices and apartment rents soaring. According to the Real Estate Information Network, monthly
