Williamsburg Business News
Finance
Williamsburg Earns Distinguished Budget Presentation Award
News Summary The City of Williamsburg has received the Distinguished Budget Presentation Award from the GFOA for its Fiscal Year 2026 budget. This award highlights the city’s dedication to transparent...
3e Restoration Inc. Secures Grants for Homeless Support in Williamsburg
News Summary 3e Restoration Inc., dedicated to aiding the homeless in Williamsburg, has received significant funding to enhance its Housing First initiatives. An $85,000 grant from the Sentara Cares Foundation...
Recent Commercial Real Estate Transactions Highlight Growth in Virginia
News Summary Virginia’s commercial real estate market shows positive momentum with significant transactions across diverse sectors, indicating strong investor interest. Major purchases, including office condominiums and industrial land, reflect confidence...
Virginia Natural Gas Proposes Rate Increase for Customers
News Summary Virginia Natural Gas has submitted a proposal to convert an interim rate hike into a permanent adjustment, potentially raising average monthly bills for residential customers by over $8....
Williamsburg Symphony Orchestra Seeks Part-Time Bookkeeper
News Summary The Williamsburg Symphony Orchestra (WSO) is searching for a part-time Bookkeeper to manage accounting records, payroll, and financial reports. This role offers 15-23 hours per week and competitive...
Newport News Introduces $50 Million Loan Fund for Businesses
News Summary Newport News is launching the Peninsula Cooperative Fund, a $50 million initiative to support small and mid-sized businesses. The fund addresses capital access gaps in underserved communities, offering...
Surry County Approves $5 Million Loan for YMCA Design
News Summary Surry County supervisors have authorized a $5 million loan for the design of a new YMCA facility adjacent to the Parks and Recreation Center. Despite opposition from Supervisor...
Williamsburg Transitions to Monthly Water and Sewer Billing
News Summary Williamsburg is shifting its water and sewer billing from a quarterly to a monthly system as part of its Fiscal Year 2026 budget. This change, effective immediately, aims...
Newport News Launches $50 Million Initiative for Small Businesses
News Summary Newport News announced the Peninsula Cooperative Fund, a $50 million initiative aimed at supporting small to mid-sized businesses facing financial barriers. Unveiled at a press event, the program...
Construction
Progress on Greater Williamsburg Sports and Events Center
News Summary The Greater Williamsburg Sports and Events Center is approximately 65% complete and on track for an opening in August 2026. This multi-purpose facility will feature various sports amenities...
Progress on Greater Williamsburg Sports and Events Center
News Summary The Greater Williamsburg Sports and Events Center is nearing completion, with a planned opening set for August 2026. Currently 65% finished, the facility will feature 200,000 square feet...
Groundbreaking Ceremony for Williamsburg Behavioral Health Center
News Summary Colonial Behavioral Health and the Commonwealth of Virginia have begun construction on a new Center for Support & Wellness in Williamsburg. Governor Glenn Youngkin attended the groundbreaking ceremony...
Federal Funding Boosts Virginia’s Airport Infrastructure
News Summary Senators Mark Warner and Tim Kaine have announced over $48 million in federal funding for airport improvements across Virginia. The allocation will benefit 18 airports, focusing on upgrading...
Newport News Trades Center Launched to Boost Workforce Training
News Summary Virginia Peninsula Community College has broken ground on the Newport News Trades Center, a $9 million investment aimed at training over 400 students annually in critical workforce skills....
Best ERP for Commercial Construction in Williamsburg, VA | Colonial Case Study
Williamsburg, VA, August 5, 2025 Best ERP for Commercial Construction Firms in Williamsburg, VA: Enhance Project Management with CMiC ERP For commercial construction firms in Williamsburg, VA, managing projects efficiently while...
N&R Design Launches Sustainable Interior Design Company in Williamsburg
News Summary N&R Design, a new eco-friendly interior design firm, has opened in Williamsburg. Founded by Roxanne McKinley and Nicole Tomaszewski, the company emphasizes sustainable practices and personalized design. Drawing...
Surry County Approves $5 Million Loan for YMCA Design
News Summary Surry County supervisors have authorized a $5 million loan for the design of a new YMCA facility adjacent to the Parks and Recreation Center. Despite opposition from Supervisor...
Newport News Celebrates Legacy Landing Housing Development
News Summary Newport News, Virginia, held a ribbon-cutting ceremony for the first phase of the Legacy Landing housing development. This initiative aims to transform the former Ridley Place neighborhood into...
Real Estate & Properties
Recent Commercial Real Estate Transactions Highlight Growth in Virginia
News Summary Virginia’s commercial real estate market shows positive momentum with significant transactions across diverse sectors, indicating strong investor interest. Major purchases, including office condominiums and industrial land, reflect confidence...
Active Real Estate Market Sees Significant Transactions in Williamsburg
News Summary The commercial real estate market in the Hampton Roads region is experiencing dynamic activity with several notable acquisitions and leases in Williamsburg, Chesapeake, Newport News, and Norfolk. Tuscany...
Colonial Williamsburg Unveils Handmade Reproduction Harpsichord
News Summary Colonial Williamsburg has launched a handmade replica of a 1764 harpsichord, priced at $21,000. Crafted by artisans Edward Wright and Melanie Belongia, the instrument reflects meticulous historical research...
N&R Design Launches Sustainable Interior Design Company in Williamsburg
News Summary N&R Design, a new eco-friendly interior design firm, has opened in Williamsburg. Founded by Roxanne McKinley and Nicole Tomaszewski, the company emphasizes sustainable practices and personalized design. Drawing...
Newport News to Enforce Short-Term Rental Regulations
News Summary Newport News is set to implement new regulations for short-term rentals, including Airbnb, starting August 1, 2025. The city aims to maintain neighborhood livability while promoting responsible rental...
Virginia Housing Market Shows Mixed Signals
News Summary The Virginia housing market has displayed mixed signs as home sales increased by about 8% in June compared to the same time last year, despite a slight year-to-date...
Nordstrom Rack to Open New Location in Williamsburg
News Summary Seattle-based Nordstrom Inc. has revealed plans to launch a new Nordstrom Rack in Williamsburg, set to open in fall 2026. The store will occupy 25,000 square feet at...
Spark by Hilton Opens in Williamsburg
News Summary HMP Properties has launched the Spark by Hilton in Williamsburg, offering 118 budget-friendly guest rooms and complimentary breakfast. Ideally situated near local attractions, the hotel signifies Hilton’s first...
Newport News Celebrates Legacy Landing Housing Development
News Summary Newport News, Virginia, held a ribbon-cutting ceremony for the first phase of the Legacy Landing housing development. This initiative aims to transform the former Ridley Place neighborhood into...
Marketing
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