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Sentara Healthcare to merge with N.C. health system
Sentara and Cone Health have combined revenues of $11.5B
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Norfolk-based Sentara Healthcare announced Wednesday it has signed a letter of intent to combine organizations with Greensboro, North Carolina-based Cone Health. Transaction details were not disclosed. Sentara President and CEO
TowneBank and CHKD buy Norfolk Southern Tower for $30M
Building was valued at $55M; likely to become TowneBank Tower
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UPDATED JULY 2 | Suffolk-based TowneBank and Children’s Hospital of the King’s Daughters (CHKD) have jointly purchased the 22-story Norfolk Southern Tower in downtown Norfolk from the Fortune 500 railroad
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Norfolk apartment complex sells for $17M
Brittany Place includes 148 two-bedroom units
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The Brittany Place apartment complex in Norfolk has sold for $17 million, New York City-based commercial real estate company Berkadia Commercial Mortgage LLC announced late last week. Located at 6143
Sentara opens $93.5M Brock Cancer Center in Norfolk
Facility named for Virginia philanthropists Joan and Macon Brock
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Norfolk-based Sentara Healthcare announced Friday it has opened the $93.5 million, 253,000-square-foot Sentara Brock Cancer Center, a patient treatment and care facility in Norfolk. The facility, which started construction in
Port expansion project nears finish line
Final cranes delivered to Norfolk International Terminals last week
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The Port of Virginia announced Monday that the final group of stacking cranes needed to complete the $375 million crane addition portion of expansions at both the Norfolk International Terminals
Norfolk nonprofit awards $2M to small businesses to battle sea level rise
RISE awards up to $250,000 to each of five companies
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Norfolk-based nonprofit organization RISE announced Monday that up to $2 million will be allocated among five small businesses to advance the design of products to help coastal communities adapt to
ODU president retiring in 2021
John R. Broderick has been university's president since 2008.
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Old Dominion University President John R. Broderick announced Monday that he will be retiring in summer 2021. ” I am proud of the many breakthroughs Old Dominion has achieved in
Norfolk buys former Military Circle hotel for $2.4M
EDA now has control of the entire mall property.
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Less than a week after Norfolk announced its purchase of the Military Circle Shopping Mall for $11 million, the Norfolk Economic Development Authority (EDA) said Thursday it has also approved
Norfolk buys Military Circle Shopping Mall for $11M
The city plans to redevelop the area for mixed-use development
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The Norfolk Economic Development Authority (EDA) announced Friday it approved a plan for the city to purchase the Military Circle Shopping Mall for $11 million to redevelop the mall and
The Breeden Co. starts construction on $70M waterfront apartment complex
Lofts at Front Street in Norfolk will include 258 units and internal parking garage.
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Virginia Beach-based real estate developers The Breeden Co. began construction this week on a $70 million waterfront apartment complex in the Fort Norfolk area. The Lofts at Front Street will