Economic Development

3+ day, 19+ hour ago   (882+ words) PORTSMOUTH — The city’s consultants for its multi-phase renovation and upgrade of the police station and City Hall complex released updated cost estimates for the project this week. Richard Martz of JSA Design told members of the city's Municipal Building Blue…...

4+ day, 19+ hour ago   (390+ words) PORTSMOUTH — A Stratham development company is moving forward with a plan to build three new single-family homes at 20 Central Ave., according to preliminary plans filed with the city. The redevelopment project calls for the “demolition of the existing dwelling, subdivision…...

4+ day, 35+ min ago   (174+ words) There’s been a lot of talk recently both touting the benefits of AI, but also the dangers of it as well, as artificial intelligence is likely coming for a lot of our jobs. However, now experts say, it might also…...

4+ day, 6+ hour ago   (634+ words) Work continues on the Norfolk Police Division expansion project. City projections indicate the full $8.833 million designated for the police station project will be collected by the July 2027 remittance. Once that amount has been reached, revenue generated by the sales tax…...

4+ day, 7+ hour ago   (574+ words) The City of Norfolk has sold $3.61 million in general obligation bonds to fund street, water and sewer improvements, attracting strong interest from institutional investors and securing borrowing costs well below authorized limits. The bonds were sold Aug. 27, with five institutional…...

5+ day, 16+ hour ago   (580+ words) A massive new transmission line planned for Virginia would run farther through Buckingham County than any other county in the state — even though Buckingham has no data center built or proposed. That disconnect is raising difficult questions about who benefits,…...

1+ week, 4+ day ago   (314+ words) A new report from the University of Virginia’s Weldon Cooper Center for Public Service says Virginia’s economy is expected to grow modestly through the end of the year. However, job losses are also still expected. “It seems like we hit…...

2+ week, 3+ day ago   (429+ words) (The Center Square) – Virginia earned an overall C for its infrastructure in a new report, with energy, schools and wastewater among the lowest-rated areas despite billions of dollars in recent state and federal investment. The American Society of Civil Engineers…...

2+ week, 5+ day ago   (707+ words) The phase 2 development is expected to take about four to five months to construct once work begins, although co-developer Bryce Hinrichs said the exact timeline remains uncertain as details are still being finalized. The second phase will add 16 units to…...

2+ week, 5+ day ago   (471+ words) A growing number of employed people in the D.C. region live with their parents, while realizing they may never be able to afford to buy a home of their own nearby, according to a new report from real estate listings firm…...