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Latest Department of Economic Development News Releases

Dorothy L. Wood Appointed to Virginia Beach Development Authority

Friday, August 12, 2011 · 11:30 am
Dorothy L. Wood has been appointed to the Virginia Beach Development Authority. She will fill the unexpired term of Prescott Sherrod, which ends Aug. 31, 2014. Sherrod recently left the authority to join the City Council.   Wood’s commitment to the City of Virginia Beach ... ​

Seniorcorp Expands and Moves Corporate Headquarter to Virginia Beach

Thursday, July 28, 2011 · 11:30 am
Seniorcorp, a company that provides independent living services for seniors at home, will move its corporate headquarters to Virginia Beach. The company is one of the largest privately held companies in Virginia that offers in-home care and support services for seniors. It h... ​

Whole Foods Comes to Virginia Beach

Thursday, July 28, 2011 · 11:30 am
Whole Foods Market (NASDAQ:WFMI), the world’s leading natural and organic foods supermarket, is coming to Virginia Beach. The lease was announced during the third quarter earnings conference call by John Mackey and Walter Robb, co-chief executive officers yesterday.   “V... ​

Virginia Beach is First to Eliminate Machinery and Tools Tax

Wednesday, July 06, 2011 · 11:30 am
Making good on a promise that Mayor William D. Sessoms, Jr. made in 2010, Virginia Beach has eliminated its machinery and tools tax for local manufacturers, effective July 1.  The tax was assessed against manufacturers on equipment used in the production of goods.   “We... ​

Virginia Beach is First to Eliminate Machinery and Tools Tax

Wednesday, July 06, 2011 · 11:30 am
Making good on a promise that Mayor William D. Sessoms, Jr. made in 2010, Virginia Beach has eliminated its machinery and tools tax for local manufacturers, effective July 1.  The tax was assessed against manufacturers on equipment used in the production of goods.   “We... ​

Yard House Brings World’s Largest Selection of Draft Beer and 200 Jobs to Virginia Beach

Tuesday, June 07, 2011 · 11:30 am
Yard House, headquartered in Irvine, California, has announced plans to open its first location in Virginia at Virginia Beach’s Town Center.  The company is investing $5 million in capital improvements and training to open the location on the corner of Independence Bouleva... ​

Yard House Brings World’s Largest Selection of Draft Beer and 200 Jobs to Virginia Beach

Tuesday, June 07, 2011 · 11:30 am
Yard House, headquartered in Irvine, California, has announced plans to open its first location in Virginia at Virginia Beach’s Town Center.  The company is investing $5 million in capital improvements and training to open the location on the corner of Independence Bouleva... ​

BMZ, GmbH to Open U.S. Headquarters in Virginia Beach

Wednesday, April 13, 2011 · 02:30 pm
Batterien-Montag-Zentrum GmbH (BMZ) will open its U.S. headquarters in Virginia Beach.  The company, based in Karlstein, Germany, is Europe’s leading supplier for rechargeable battery packs.  BMZ also has manufacturing facilities in China, Poland and Germany.   The new U... ​

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