Latest Department of Economic Development News Releases
Tuesday, June 18, 2013 · 11:00 am
KOSTER American Corporation announced plans to remodel and expand their existing facility at 2585 Aviator Drive. Located in Oceana South Industrial Park, KOSTER purchased the 14,000-square-foot office/warehouse facility in 2004. The company plans to expand into an existing...
Tuesday, June 18, 2013 · 09:45 am
Avis Budget Group today announced that as part of its ongoing strategic effort to drive efficiency, the company will relocate 17 positions from its headquarters in Parsippany, N.J. and create eight new positions to be based in Avis Budget Group’s Shared Services Center in Vi...
Thursday, April 11, 2013 · 08:30 am
Virginia Beach GrowSmart – a city program that improves early childhood education, attracts new jobs to the city and improves the lives of hundreds of local families – has won a national award for innovation.
Yesterday, the national Alliance for Innovation honored GrowSm...
Tuesday, January 15, 2013 · 10:15 am
Architectural Graphics, Inc. (AGI) has purchased 2820 Crusader Circle, comprising 156,450 square feet of industrial space in Virginia Beach, for $5.5 million. This strategic building acquisition, located in Oceana West Corporate Park, consolidates more than 100,000 square fe...
Tuesday, January 15, 2013 · 10:15 am
AvalonBay Communities, Inc., an Alexandria, Va.-based company and one of the nation’s leading real estate investment trusts, announced plans to expand its Corporate Shared Services Center that opened in Virginia Beach in 2007. The company's expansion will increase its curren...
Tuesday, January 15, 2013 · 10:15 am
BFPE International, a full-service fire protection and security system firm, has leased 15,660 square feet of industrial space at 2601 Reliance Drive in Virginia Beach. The company will move its regional headquarters from Chesapeake to the new location in Oceana West Corpora...
Tuesday, December 18, 2012 · 01:30 pm
Parsons Brinckerhoff, a global infrastructure, strategic consulting, engineering and program/construction management firm, has announced plans to merge its two current Hampton Roads locations to Convergence Center II at 277 Bendix Road in Virginia Beach. The regional headqua...
Tuesday, December 18, 2012 · 09:45 am
The Virginia Beach Economic Development Authority has joined with the Hampton Roads Partnership to fund the Virginia Beach Economic Gardening Initiative. The program is part of a national effort to identify and provide services to high growth-potential companies.
Econom...
Tuesday, December 18, 2012 · 09:45 am
LoanCare, a wholly owned subsidiary of Fidelity National Financial (NYSE:FNF), has announced plans to expand its regional office by 19,032 square feet and add 178 new jobs to its Virginia Beach workforce. The company opened a servicing office in Virginia Beach in 2007 with 1...
Tuesday, December 18, 2012 · 09:45 am
The Urban League of Hampton Roads, Inc. (ULHR) has relocated its headquarters from Portsmouth to 5700 Thurston Avenue in the Airport Industrial Park of Virginia Beach. The expansion will allow the organization to create 10 new jobs.
The Urban League of Hampton Roads, I...