Introducing Unlocking Hampton Roads, your resource for economic development and international business expansion in the region, delivered monthly to your inbox by the Economic Development Task Force at Willcox Savage. | | |
Feature | ICYMI - Recap of panelists’ insights from this month‘s economic development program
Here & Now | Acoustical Sheetmetal Company announces third expansion in Virginia Beach
Word in the ‘Roads |Digest of significant press releases and investment announcements from over 40 of the region’s economic development authorities, alliances, chambers, incubators, and local governments
Legislative Affairs & Regulatory Compliance | EVRIFA (Eastern Virginia Regional Industrial Facility Authority)—a new frontier in economic development
Where’s WilSav | Catch up with attorneys on our Economic Development Task Force at the region’s upcoming conferences and conventions
Willcox Savage Business Solutions Series | Calendar August 12th for an employment law program from our lunch and learn speaker series delivering timely and operational-critical information to businesses operating in Hampton Roads
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From left to right: Top row - Lisa M. Murphy, Land Use Attorney, Willcox Savage; Douglas L. Smith, President & CEO, Hampton Roads Alliance; Andrew Nissman , Director of Grants and Corporate Stewardship, Hampton Roads Workforce Council. Bottom row - James B. 'Jimmy" Wood, Employment Immigration Attorney, Willcox Savage;
Emily Archer, Deputy Director of Economic Development, Virginia Beach Economic Development; Preston Wilhelm, Deputy Director of Economic Development, Chesapeake Economic Development
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Insights from our Panelists
The recent installment of the Willcox Savage Business Solution Series brought together leading voices from Hampton Roads’ economic and workforce development sectors to discuss the region’s powerful positioning in key industries. Panelists included representatives from Hampton Roads Alliance, Virginia Beach and Chesapeake Economic Development Departments, and the Hampton Roads Workforce Council. Their insights underscored Hampton Roads' unique advantages in maritime industry, defense manufacturing, ship repair, and emerging energy sectors.
Hampton Roads: A Strategic Hub for Business Expansion in Maritime, Defense, and Energy
Hampton Roads is embracing who it is— a strategic epicenter for national security, energy transformation, and maritime excellence—and doubling down on what it does better than anywhere else. With its deep talent base, port efficiency, growing international presence, and regional alignment, Hampton Roads is more than ready for companies seeking a foothold in a future-forward, globally connected, and infrastructure-rich environment.
Reinventing Regional Strategy
Doug Smith, President and CEO of Hampton Roads Alliance, emphasized a strategic shift back to Hampton Roads' roots as a maritime, industrial, and defense-centric region. As global conditions drive the U.S. toward re-militarization, re-industrialization, and energy security, Hampton Roads stands uniquely ready to respond. The region’s capabilities—ranging from nuclear shipbuilding to port logistics and aerospace innovation—are unmatched. With 20% of the nation’s shipbuilding and ship repair happening in the area, Hampton Roads is no longer trying to attract companies from scratch; it's attracting those already halfway down the funnel who know they need to be here.
A forthcoming 10-year regional economic development strategy, complete with a regional investment playbook, will codify these priorities: defense, energy (particularly nuclear), air and space, and port logistics.
Local Commitment: Virginia Beach and Chesapeake Step Up
Emily Archer from Virginia Beach highlighted the city’s dual focus on defense contractors and advanced technology tied to coastal resources. The city has become a hub for offshore wind initiatives, undersea data cables, and support infrastructure for emerging tech industries such as AI and cybersecurity. Virginia Beach has also created a soft-landing incubator for international firms, fostering defense intelligence and tech-focused enterprises from countries like the UK, Korea, and Japan.
Chesapeake’s Deputy Director of Economic Development, Preston Wilhelm, pointed to the city’s active development of industrial-ready sites—including a 90-acre shovel-ready parcel and the expansive Coastal Virginia Commerce Park (4,000 acres). He cited large-scale international projects like LS Greenlink's almost $700 million investment as examples of the region’s readiness for global business.
Workforce Development: Tackling the Talent Gap
Andrew Nissman of the Hampton Roads Workforce Council illustrated how the region’s workforce development is aligning with its economic goals. The Council supports maritime industries with its 2024-launched Regional Maritime Training System, which has already trained and placed 2,000 workers.
Recognizing a persistent shortage of trades like welders and electricians, the Council also targets healthcare and cybersecurity—sectors crucial to dual-use military and civilian applications.
Initiatives include collaboration with local community colleges and leveraging federal funding to build long-term skills pipelines. The Workforce Council also focuses on those transitioning out of military service and their spouses, aiming to retain the 14,000 service members who exit annually in the region.
Housing, Mobility, and Retention
Housing emerged as a critical concern. Emily Archer discussed Virginia Beach’s adoption of an attainable housing grant program modeled after Richmond’s program to retain young professionals and address workforce housing gaps. Nissman added that without affordable housing and transit access, retaining new talent—especially recent college grads—will remain a regional challenge.
International Recruitment and Global Connectivity
International interest in Hampton Roads is surging—especially from NATO countries, Korea, and Japan. These nations see the region’s proximity to U.S. military assets like Yorktown Naval Weapons Station as strategically essential. Virginia Beach has played a key role by creating office space for international companies entering the U.S. market. Meanwhile, Hampton Roads Alliance has partnered with cultural institutions like the Virginia Arts Festival to host country-specific engagements, effectively weaving quality of life into its pitch.
Collaboration and Regionalism: The Eastern Virginia RIFA Model
A game-changing regional collaboration tool—EVRIFA (Eastern Virginia Regional Industrial Facility Authority)—was spotlighted as a new frontier in economic development. The model allows cities with limited land or resources (e.g., Williamsburg) to invest in development in another locality (e.g., York County) and share in the revenues. This regional cooperation is already supporting major initiatives and is poised to become a foundational tool in Hampton Roads’ future development.
The Importance of Hiring Local Professional Support
Hiring local professional service providers—such as law firms, engineers, and consultants—is a critical success factor for businesses expanding into Hampton Roads. These professionals offer deep knowledge of local permitting processes, zoning regulations, and development timelines, and often have long-standing relationships with municipal stakeholders. Their involvement can significantly streamline complex projects.
While international companies may initially rely on national or foreign firms, they often discover that engaging local partners ensures smoother navigation of regulatory processes, fosters trust with municipalities, and connects them to a supportive business ecosystem.
As Preston Wilhelm of Chesapeake Economic Development, explained: “We had a $700 million international client that initially brought in out-of-state consultants—but they quickly realized the value of our local expertise. Local firms knew how to get things done.”
Ultimately, local professionals don’t just provide services—they help close deals and drive long-term success in the region.
Community Buy-In
The panel concluded with a powerful call to action for local professional service providers to actively support economic growth. Local businesses were encouraged to offer support, even at early stages when returns aren’t guaranteed. Participating in projects, providing testimony, and engaging with prospects help make the region’s economic ecosystem more welcoming and efficient. As Doug Smith put it, “We get paid to sell the region. But when you tell the story, it really matters.”
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Here & Now
Hampton Roads -- A premier destination for international businesses
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Lisa Murphy, serving in her role as Chair of the Virginia Beach Economic Development Authority, kicks things off at the Acoustical expansion announcement on June 13, 2025.
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Word in the ’Roads
Recent press releases from the regional economic development authorities
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Legislative Affairs & Regulatory Compliance
Navigate the political and regulatory landscape with confidence and precision.
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EVRIFA: A Transformational Tool for Regional Economic Development
One of the most forward-thinking strategies highlighted during the panel was the development and use of the Eastern Virginia Regional Industrial Facility Authority (EVRIFA)—a powerful model for cross-jurisdictional collaboration.
Doug Smith, President and CEO of Hampton Roads Alliance, explained the concept with clarity and enthusiasm: “EVRIFA allows a locality with limited land or resources to invest in a project in another jurisdiction—and share in the revenues. It’s a game-changer.”
This structure is especially important in regions like Hampton Roads, where localities vary widely in their capacity for industrial development. For example, a landlocked city like Williamsburg can now invest in large-scale projects in areas like York County and benefit from the long-term economic returns. The Kings Creek Commerce Park is one such example, where over 30% of the project’s investment came from multiple Peninsula communities.
This model not only encourages regional unity—it unlocks collective potential. Instead of municipalities competing, EVRIFA aligns their goals, spreads risk, and builds mutual reward. Smith emphasized that this tool could become the most important regional economic vehicle in the next 5–10 years.
Preston Wilhelm echoed this sentiment by noting how cities like Chesapeake could leverage this type of regional cooperation to develop large-scale projects like the 4,000-acre Coastal Virginia Commerce Park—an ambitious megasite initiative that could house future OEMs (original equipment manufacturers) and international players in energy, logistics, or defense manufacturing.
Panelists also acknowledged the administrative and political patience required to make EVRIFA work. It requires long-term vision, political will, and interlocal trust, but its benefits of shared prosperity, smarter land use, and coordinated investment are invaluable.
This regional cooperation is already supporting major initiatives and is poised to become a foundational tool in Hampton Roads’ future development. It's about more than one city's win—it's about creating scalable success for the entire Hampton Roads region.
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Regional Industrial Facilities Act, Virginia
§ 15.2-6400 - § 15.2-6416
The Eastern Virginia Regional Industrial Facility Authority or EVRIFA, was formed in accordance with the Commonwealth of Virginia’s Regional Industrial Facilities Act for the purpose of providing a regional authority mechanism to enhance the economic base of the member localities on a cooperative basis. Spearheaded by the Peninsula communities, the Authority was formally recognized by the Secretary of the Commonwealth on December 18, 2019.
As of December 2022, Hampton Roads Alliance serves as the managing entity for the Authority.
www.easternvirginiaauthority.com
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Where’s WilSav
Hope to see you at these upcoming events
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The ABCs of the SCA | July 2
Catch up with government contracts attorney, Kevin Cosgrove during his presentation to the VSRA Human Resources Committee about the Service Contract Act.
VSRA Contracts Committee Fall Seminar Series | October 8 & 22; November 5 & 19
Save-the-dates for the Virginia Ship Repair Association's (VSRA) Contracts Committee seminar series focused on issues confronting small businesses. This series is for both members and non-members, and is held in the VSRA office on the 5th floor of the World Trade Center in Norfolk.
Willcox Savage 2025 Employment Law Update | October 14
Save-the-date for this annual half-day seminar hosted by the employment law practice group focused on the latest changes impacting employers in Virginia. Eligible attendees receive SHRM and/or HRCI credits.
Email us to receive the registration links.
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Willcox Savage Business Solutions Series
Our lunch and learn speaker series delivering timely and operation-critical information to businesses operating in Hampton Roads
| | Comprehensive Checklist for Setting up an International Business in the U.S. | | |
Structured for Solutions.
Our firm exists with one purpose in mind—offering practical solutions for the most complex challenges. And we specialize in helping international businesses establish a foothold in the United States with confidence and success. Backed by years of experience and a multidisciplinary team, we provide comprehensive guidance tailored to your unique needs.
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Legislative Advocacy that Drives Change.
Willcox Savage Consulting LLC is a Virginia-first public affairs and lobbying firm dedicated to providing strategic guidance and advocacy to clients navigating the complex landscape of state and federal government. Based in Richmond, Virginia, the firm leverages deep local expertise to help businesses, organizations, and individuals effectively influence policy and drive meaningful change.
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