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Norfolk’s MacArthur Center mall listed for sale
JLL is marketing the downtown mall
Downtown Norfolk’s struggling mall, MacArthur Center, is officially on the market. A listing from real estate company JLL describes the 23-acre property as “a compelling redevelopment opportunity.” The listing encourages
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Rocket Lab launches first mission from U.S. soil
HawkEye 360 satellites launched from NASA Wallops facility in Accomack
Published
After more than a month’s delay, Rocket Lab USA’s first launch from U.S. soil at NASA’s Wallops Flight Facility in Accomack County blasted off Tuesday evening. The mission, “Virginia is
HII names new exec VP, CIO
Chris Soong promotion effective April 1
Published
Newport News-based Huntington Ingalls Industries has promoted Chris Soong to executive vice president and chief information officer, the Fortune 500 federal contractor announced Tuesday. Soong’s promotion is effective April 1.
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Dollar Tree CEO resigning; former Dollar General CEO to replace him
Rick Dreiling to become CEO on Jan. 29
Published
Dollar Tree Inc. CEO Mike Witynski will leave the Chesapeake-based Fortune 500 discount retailer and its board effective Jan. 29, with Executive Chairman Rick Dreiling becoming the next CEO, the
Rivers Casino Portsmouth opens to big crowds
Thousands flocked to Va.'s first permanent casino Monday
Published
When Rivers Casino Portsmouth opened its doors Monday, Christopher Hoffman was among the thousands of patrons attending opening day at the first permanent casino to open in Virginia. A Hampton
Prism Maritime receives $250M Navy contract
Will support California-based Navy Alteration Installation Team
Published
Chesapeake-based Prism Maritime LLC has received a contract valued up to $250.8 million to install, modify and upgrade various combat systems for the Navy, Coast Guard and for foreign militaries,
VersAbility Resources lands $140M Air Force contract
Will provide mail service support at installations across U.S.
Published
Hampton-based VersAbility Resources Inc. has received a $140.7 million contract to support mail and postal service center support at Air Force installations across the U.S., the Pentagon announced Friday. The
Colliers to manage, lease City Center at Oyster Point
Newport News development has office, retail, residences
Published
Colliers will be the leasing and management company for City Center at Oyster Point in Newport News, Florida-based real estate investment firm Murphy Property Group announced last week. Colliers will
TowneBank completes Farmers Bank acquisition
Deal closed on Jan. 13
Published
Suffolk-based TowneBank has completed its acquisition of Windsor-headquartered Farmers Bankshares Inc., the parent company of Farmers Bank, TowneBank announced Tuesday. The $56 million deal created a combined company worth $17.5
ODU hires associate VP for innovation, commercialization
Kevin Leslie is Hampton Roads Biomedical Research Consortium exec director
Published
Kevin Leslie will be Old Dominion University’s first associate vice president for innovation and commercialization, the Norfolk-based university announced Friday. Leslie will improve ODU’s technology transfer operation to better identify,