News & Press

There’s a lot happening in Portsmouth and our momentum keeps growing! Read the latest news & press releases from Portsmouth Economic Development – we cover project announcements, business openings, development news, and more.

Media inquiry? Contact us at 757-393-8804 or porteco@portsmouthva.gov.

Latest News

Press Release

Shamin Hotels buys Renaissance Portsmouth Norfolk Waterfront Hotel

By Paula C. Squires Shamin Hotels, one of Central Virginia’s largest hotel operators, has purchased the 249-room Renaissance Portsmouth Norfolk Waterfront Hotel for $9.2 million. The transaction with seller Ashford...

Press Release

MoMac Brewing Co. to Open in Portsmouth This Summer

MoMac Brewing Co. has begun renovation on 6,600 square feet of space in the Academy Crossing Shopping Center at 3228 Academy Drive in Portsmouth. When completed, the space will include a viewable, onsite brew works, a...

Press Release

12 Hours in Portsmouth’s Olde Towne

By Jonathan Black PORTSMOUTH – There’s a deep history among the bars and restaurants of Portsmouth’s High Street and its surrounding area. Homes dating back to the 18th century line the streets of Olde Towne, while the occasional blast of a ship...

Press Release

2015 Economic Development Annual Report

"While Portsmouth is a city steeped in history, 2015 brought a wave of new changes and opportunities for the future..."