2016 Economic Activity Report

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ECONOMIC

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2016


Sub headline here

Photo courtesy of Port of Virginia

Front cover: Lidl grocery store, with signature architecture, under construction in Harbour View. Inside cover (above): Panattoni Development Company’s Building B, located in Virginia Regional Commerce Park, during tilt-up construction. Back cover: Allfirst partners with Virginia Jobs Investment Program to train new employees.

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More companies are saying

to Suffolk

Sub headline here Leadership, vision, solid management and experience are propelling Suffolk to new heights and innovation. Linda T. Johnson Mayor, City of Suffolk

Linda T. Johnson Mayor

Say YES! to Suffolk

Room to grow and thrive

Strategic location, room for expansion and a positive business climate have transformed Suffolk from its humble beginnings in peanut processing into a hub for 21st century business and industry.

As Virginia’s largest city, Suffolk has 430 square miles of land and untapped room for potential growth. As a result of solid management, the city maintains a low-cost business environment and continually invests in infrastructure enhancements. The AAA credit rating ensures a financially strong city, paving the way for future planning and growth. Suffolk is one of the fastest growing cities in Virginia and rated as one of the “100 Best Places to Live.” Every day, every year, our goal is for companies to say YES Suffolk!

America’s supply chain shifts east Suffolk’s proximity to the Port of Virginia has attracted investment in industrial and business space, cashing in on the trend in the logistics industry where West Coast based operations look to diversify their supply chain by establishing an East Coast presence. The city’s other advantages such as access to a vast rail and intermodal network that connects to major population areas, Port of Virginia expansion and modernization and a highlyskilled workforce position Suffolk for the future.

Suffolk doesn’t know NO The Department of Economic Development, attuned to current trends, leads in new business development and support of expanding businesses, logging-in almost 400 existing industry visits and over 100 prospect visits in 2016. Working with the EDA, the team continually strives to bring new jobs and increased commerce, enhancing and maintaining a high quality of life for Suffolk citizens.

Virginia’s Caffeine Capital With the Port of Virginia’s designation as a point of delivery for International Coffee Exchange (ICE) “C” futures, the food and beverage industry has exploded, lending Suffolk the title “Virginia’s Caffeine Capital.” Peet’s Coffee was welcomed, joining Massimo Zanetti Beverage USA, Pacorini Global Services USA, Unilever Lipton Tea, Continental Terminals and J.M. Smucker.

Suffolk City Council Pictured back left to right: Timothy J. Johnson, Lue R. Ward, Jr., Roger W. Fawcett, Donald Z. Goldberg. Front left to right: Curtis R. Milteer, Sr., Linda T. Johnson, Mayor, Leroy Bennett, Vice Mayor, Michael D. Duman

Creative, innovative leadership

The Economic Development Authority (EDA) plays a key role in driving economic growth for Suffolk. The EDA leadership board members are: J. Harold Faulk, Oliver Creekmore, Stacy Lewis, Maria Herbert, Raymond Wittersheim, Robert C. Barclay, IV, J. “Clif” Harrell, Jr., and Wesley King.

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“Virginia’s strategic location, business climate and top-notch workforce continue to attract high-caliber companies.” Terry McAuliffe, Governor of Virginia

Food & Beverage and Warehousing

Peet’s Coffee: a toast to the Caffeine Capital Governor Terry McAuliffe announced that Peet’s Coffee® , the original craft brand celebrating its 50th anniversary, will invest $58 million to establish an East Coast coffee roasting operation. The California-based company will build a 175,000-square-foot roastery in CenterPoint Intermodal Center that will produce a variety of coffee. Peet’s Coffee joins a flourishing coffee handling and manufacturing industry in Virginia, in part sustained by proximity to the Port of Virginia and the infrastructure to provide access to world markets and supply chains. The new location will allow the company to maintain their standards of quality by supplying the freshest beans to East Coast customers. The project is expected to create 135 new jobs.

Birdsong expands corporate office A $2.8 million, 12,000-squarefoot expansion doubled the office space at Birdsong Peanuts. The company buys peanuts directly from farmers, processes them and then ships to major suppliers throughout the U.S. and internationally. Birdsong Peanuts is a fifth generation, family-owned business in operation for over 100 years.

Right location, right balance, right on Target

Suffolk becomes the East Coast gateway for Emser Tile Emser Tile, a leading designer, marketer and producer of fine tile and natural stone, invested $16.25 million to establish a distribution operation in CenterPoint Intermodal Center, creating 98 new jobs. Governor Terry McAuliffe, making the announcement said, “It is another tremendous testament to Virginia’s competitive advantages that a company like Emser Tile chooses the Commonwealth as its gateway to the East Coast market and the rest of the globe.”

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Target announced a $50 million expansion in 2015 that turned their Suffolk facility into an Upstream Distribution Center designed to handle hard-to-forecast items such as apparel and accessories in order to keep the right balance of inventory in the retail settings. In 2016, Target hired approximately 600 Team Members in Suffolk to serve stores located on the East Coast.


More companies are saying

to Suffolk

Office and Technology

Flexible business space A national trend has arrived in Suffolk. Richard Chaing is leasing flexible office space to serve entrepreneurs and start-ups in a refurbished building Downtown, offering private executive suites. Suffolk Executive Offices are fully furnished, appointed with contemporary dĂŠcor, and include amenities such as office equipment, a receptionist, a hi-tech conference room and telephone. Flexible lease terms include leasing hourly to annually. This is the first flexible office space enterprise for Suffolk.

RFK Solutionz: fast growing, award winning Five years ago,

TeamLogic IT Rob Moore faced the opportunity of redirecting his future after an 11-year stint in the technology sector with Lockheed Martin. Moore found himself with well-honed marketplace skills, so, he took the opportunity to follow his dream of owning his own business and bought a TeamLogic IT franchise in 2016. Moore (seated) and Marc-Anthony Hyde (standing), Computer Systems Technician, now serve customers throughout Hampton Roads.

VRCP changing the landscape

Panattoni Development Company, one of the largest privately held full-service real estate development companies in the world, broke ground on Building B, a 284,580-square-foot Class A warehouse located in Virginia Regional Commerce Park (VRCP). This project is the first industrial project in Virginia for Panattoni, and the first speculative project in Hampton Roads since 2007. The new building will be divisible for industrial tenants. Building A, located in VRCP, is fully leased. VRCP is a 25-acre, master-planned commerce park with Foreign Trade Zone designation. It is strategically located at the major crossroads of Route 460 and Route 58 with easy access to I-95 and I-85.

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Kimberly and Ricardo Frost formed a company to provide cyber security, training and services for federal government clients, corporations, state government and even global businesses, offering skills gained during 20-year Naval careers in technology. The fast-growing company almost tripled their footprint in 2015 with the purchase of a new building, going from 1,500 square feet to 4,000 square feet. In 2016, that expansion, plus being awarded SBA 8A Certification, translated into doubled revenue. The company also provided IT training for students at Paul D. Camp Community College enrolled in the Workforce Development program. The training resulted in 20 students moving directly into the workforce after receiving IT Certification. The Frosts, in the spirit of service, give back by sponsoring several faith-based initiatives that reach out to homeless veterans and at-risk children.

Shovel Ready. Biz Ready. CenterPoint Intermodal Center is the first site recognized by Virginia Business Ready Sites Program with Tier 4 and Tier 5 Certifications. CenterPoint is a 900-acre intermodal logistics commerce park in proximity to the Port of Virginia.

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Advanced Manufacturing

“Our location in Virginia is strategic and provides us the dual opportunities to draw from an area rich with a strong work ethic, as well as to serve the industrial companies in the Mid-Atlantic region.” James Templeton, Vice President of Operations, Allfirst

Allfirst: safety and integrity first Allfirst LLC, an industrial general contractor, was founded in 2000 by CEO Les Hall with a business philosophy based on honesty, quality work and timely delivery. However, in order to expand the company, new workers were needed. Finding employees was a challenge because not enough individuals wanted to work in the trades, making it difficult to hire, train and retain. Hall set out to solve the problem by offering an apprenticeship at the company, partnering with Virginia Jobs Investment Program (VJIP). VJIP is a state-funded program that helps reduce the costs of human resource management for new and expanding companies. He calls VJIP a “win-win because the program offers support for in-house training without excessive red tape.” Allfirst was named by Inside Business as a 2016 Roaring 20 Award honoree, noting the company’s steady growth and ability to maintain long-term customer relationships.

FAM Tour wins fans

Hampton Roads Economic Development Alliance (HREDA) hosted state visitors from Virginia Economic Development Partnership (VEDP) for a Familiarization (FAM) Tour of the region, showcasing business assets and resources. Friant & Associates was in the spotlight for the Suffolk portion of FAM. Friant opened a 357,000-square-foot, $17 million facility at CenterPoint Intermodal Center in 2014 to manufacture high end, customizable office furniture. Those on the tour learned first-hand about the region, fostering awareness and growth, allowing VEDP to better tell the story of Hampton Roads as they market economic development for Virginia.

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Sacrificial anodes make a positive impact on ships Canada Metal (Pacific) Ltd. (CMP) is a leading provider of marine products. Darrick Lemaster, General Manager, operates the Suffolk subsidiary located in Suffolk Industrial Park which produces commercial marine anodes marketed under the Martyr Anodes brand. These sacrificial anodes are applied to ships in order to protect the hulls and engines from corrosion, and CMP is the only commercial manufacturer of anodes in Virginia. Lemaster explains that the proprietary process used in manufacturing the aluminum anodes is environmentally friendly because they are cadmium free and lighter in weight than traditional anodes. Proximity to the Port of Virginia allows CMP to serve the military and commercial shipping industry, and to reach East Coast customers in a timely way.

A decade of serving the community Suffolk Workforce Development Center celebrated its 10-year anniversary. The Center has grown from serving 1,300 citizens to over 16,000 annually, providing services to employers, veterans, job seekers and young adults by aiding in career assistance and resources necessary to improve quality of life.


More companies are saying

Hospitality

Resort-style marina docks in Bennett’s Creek Self-proclaimed workaholics Brian and Teresa Mullins never tire of new endeavors. When the former Bennett’s Creek Restaurant and Marina site became available, they jumped at the opportunity to acquire the property. “We looked at the property for a long time,” remarked Teresa. “The sunsets are beautiful.” The $8 million resort-style development includes plans for Decoys, a 5,000-square-foot, two-story restaurant and Blind Duck Tiki Bar, 55 boat slips, a marina with ship’s store, swimming pool with swim-up bar, bathhouse and fueling station. The Landings, 24 condo-style homes, will be an age 55-plus residential development. The site has been raised 3.5 feet to mediate the historic flood level. Eco-friendly construction of the marina has been a priority along with preservation of the water view. Trees that were cleared from the site are being milled for hardwood that will be used in the restaurant for floors, tabletops and the bar countertop, plus some memorabilia from the previous restaurant was saved to be used. The Mullins’ believe that Decoys and the marina will become a destination, drawing visitors to Suffolk. A shuttle will be available to take visitors to a golf course or other local spots. The projected open date is early 2018.

to Suffolk

A tall tale in a nutshell: Mr. Peanut turns 100 Mr. Peanut has long been a towering figure in the world of advertising icons—and now he really is one. To “shell-ebrate” his 100th birthday the Suffolk Department of Economic Development commissioned a giant inflatable of the world’s best-dressed snack food, which appeared at several events in the city during October. Standing 30 feet tall from the sole of his spatted shoes to the crown of his black top hat, the Mr. Peanut inflatable leans jauntily on his cane, while grinning merrily with his trademark monocle. The inflatable was unveiled at Suffolk’s annual Peanut Fest Parade on October 1st, along with a ceremony in Hall Place Park to present a new historical marker honoring the creator of Mr. Peanut, Antonio Gentile. In 1916, fourteen-yearold Gentile submitted a drawing of a cane-carrying peanut to a contest sponsored by Amedeo Obici, founder of Planter’s Peanuts. An artist for an advertising agency added the famous goober’s monocle and top hat, but those are in keeping with Gentile’s intention. The Mr. Peanut inflatable also made appearances at the Driver Days Fall Festival, the Suffolk Farmers’ Market Mr. Peanut birthday party, and the Touch a Truck, Train and More interactive event for children sponsored by the SuffolkNansemond Historical Society. As the passing of his centennial shows, celebrity may have made Mr. Peanut larger than life, but he is still a hometown hero with roots deep in the Suffolk soil.

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“The core of Bon Secours’ mission is to improve the overall health of the communities we serve.” Michael K. Kerner, CEO, Bon Secours Hampton Roads Health System

Bon Secours Hampton Roads Health System officially opened the Bon Secours Cancer Institute in the new Bon Secours Harbour View Medical Plaza. The Cancer Institute at Harbour View was designed to bring all outpatient cancer treatment services together on one campus to enhance coordination of care. The $20 million, 58,000-square-foot facility houses the most up-to-date innovations in cancer treatment such as external beam radiation therapy provided by a high-tech Varian linear accelerator and advanced brachytherapy services along with high-dose radiation therapy. The first floor of the two-story building is

dedicated to comprehensive cancer services that include radiation oncology, infusion treatments, medical oncologists and an education room. Internists of Churchland, a Bon Secours Medical Group practice, along with space for other physician practices is located The $20 million Bon Secours Cancer Institute at Bon Secours Harbour on the second floor. View Medical Plaza officially opened in October, marked by a ribbon Michael K. Kerner, cutting ceremony. CEO, Bon Secours Hampton address the needs of individuals with a Roads Health System remarked, “The core cancer diagnosis by creating a comfortable of Bon Secours’ mission is to improve the and efficient environment for care, overall health of the communities we serve. consultation and treatment.” The new Cancer Institute allows us to better

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ACTIVITY

Good help with coordinated care

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More companies are saying

to Suffolk

Medical Sentara delivers quality healthcare everyday Recent growth at Sentara Healthcare Obici campus included a new 20,000-square-foot medical office building, renovation of over 6,000 square feet for administrative and medical staff offices and upgrades to the Breast Center. In addition, the expansion and renovations allowed Sentara Obici to welcome two new services to the campus, Sentara Medical Group Podiatry and Sentara Medical Group Cardiology. Improvements and construction at the Obici campus in 2016 totaled over $10.2 million. Sentara BelleHarbour campus also expanded with new construction of nearly 6,500 square feet to house Sentara Medical Group Multi-Specialist Suite, representing an over $1.3 million investment. “At Sentara Obici Hospital and subsidiaries, we are dedicated to delivery of the highest quality care and safety for our patients through the efforts of our hospital and medical staff,” said Dr. Steve Julian, President, Sentara Obici Hospital. “We are continuing to grow our services and offerings to meet the needs and expectations of the community and we strive to be the healthcare provider of choice of those we serve.” Sentara also enhanced outpatient physical therapy services in partnership with the Suffolk Family YMCA, investing $300,000 in a new Obici Therapy Center. The 6,500-square-foot renovation is dedicated to physical, occupational and speech therapy in one space.

Award-winning eye surgeon brings spotlight to Suffolk The Hampton Roads Chamber of Commerce named Suffolk Eye Physicians & Surgeons as the 2016 Suffolk Small Business of the Year. Dr. Jennifer Schneider is owner and ophthalmologist of the growing practice, which now has a steady roster of patients from four locations. Her vivacious energy is contagious and motivates the approximately 40-strong staff. Dr. Schneider purchased the business from Dr. Andrew O’Dwyer in 2013. However, it was a natural transition because she worked as a technician for him while in high school at Nansemond-Suffolk Academy. Suffolk Eye Physicians & Surgeons was also named by Inside Business to the 2016 Roaring 20 Award and Coastal Virginia Magazine’s CoVA BIZ Impact Awards 2016. Dr. Schenider was chosen as one of Inside Business 2016 Women in Business honorees.

Children’s Hospital of the King’s Daughters will open Suffolk’s first children’s urgent care center, investing in a $4.6 million, 20,000-square-foot facility in Harbour View.

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“The city’s steady population increase and ideal location attract opportunity and growth. The future is bright for Suffolk.”

Retail Development Façade Before

Kevin Hughes, Director, Department of Economic Development, City of Suffolk

Façade After

Planet Fitness: Home of the Judgement-Free Zone® Planet Fitness, one of the largest and fastest growing franchises in the U.S., now anchors Towne Square Shopping Center. The fitness gym aims to offer a safe, energetic environment where everyone can be comfortable and build an active lifestyle. Ken Ryder, CEO of Planet Fitness Hampton Roads, noted that the growing population and strong businesses in Suffolk were the reasons for choosing this location. The shopping center was completely transformed with a modern façade and greater curb appeal thanks to a grant from the Economic Development Authority (EDA). Towne Square features over 40,000 square feet of retail space and sits on 5 acres with ample parking.

Lidl

A popular German chain of grocery stores with signature arched roof architecture is coming to Suffolk. Lidl operates more than 10,000 stores in 27 countries. The Lidl philosophy is simple: focus on offering customers top-

Red banner days say

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The Shops at Centerbrooke Village Construction began on The Shops at Centerbrooke Village, a new retail development located at the intersection of Godwin Boulevard and Centerbrooke Lane. The Shops have excellent visibility and easy access to Route 58. Two buildings comprise a $5 million, 34,000-square-foot investment. Parker Burnell is the leasing agent.

AutoZone Construction began on a new AutoZone store at Bennetts Creek Crossing on Bridge Road. The national franchise was started in 1979 in Forrest City, Arkansas and now boasts 5,600 stores. The latest Suffolk location represents a $500,000 investment and 7,300 square feet of retail space.

First Team Kia First Team Automotive Group invested $5 million in a new Kia dealership on Bridge Road located adjacent to First Team Subaru. The 17,500-squarefoot facility features a new showroom and service area. First Team is known for maintaining “top tier customer service” for new and pre-owned car buyers.

Clothes Mentor: Upscale Resale Fashionconscious ladies will always be in style with the opening of the newest Clothes Mentor. Owner Donna Saylor launched her second regional location at Hampton Roads Crossing in Harbour View. This nationallyfranchised retail store offers gently-used, name-brand and designer clothing, shoes and accessories for up to 70% off original prices. Hampton Roads Crossing is a $20 million mixed-use development built on 148 acres by The Terry Peterson Companies.

Suffolk!

DSW

Dollar Tree

quality products at the most competitive pricing in the most convenient locations. The nearly 36,000-square-foot, $5.4 million store is located along Harbour View Boulevard.

ECONOMIC

Farm Fresh

ACTIVITY

REPORT

Hi-Ho Silver

2016

Nansemond-Suffolk Academy

Petco


More companies are saying

to Suffolk

Love Local Buy Suffolk A family-owned jewelry store has expanded to 2944 Bridge Road. The shop specializes in sterling silver jewelry and gift items, handcrafted and assembled in the U.S. Some of the sterling silver pieces were designed for Hi-Ho Silver by metalsmiths in Mexico. This is the fourth location in Hampton Roads, operated locally by owner Leslie Sink.

for that unique gift? Check out Twisted Art and More in Driver Village, one of Suffolk’s newest Love Locals. Owners Pam and David English offer space for over 40 local artisans to sell gifts, home décor, jewelry, furniture and other one-of-a-kind items. Twisted Art also offers paint, crochet and jewelry classes for adults and children.

Brighter Day Café

Plum Crazy Art The mecca for local artistic talent and the place to find that unique, perfect piece of art or gift, opened in north Suffolk. Owned by Wendy Spain, Plum Crazy Art is a local gallery featuring unique handmade items—jewelry, pottery, painted glass and more. Plum Crazy is also the place to enjoy paint night or host a special occasion party. Glass artist Shawna Buchsen teaches glassmaking classes. The new location in the Shoppes on the Village Green at Governor’s Pointe is perfect for Plum Crazy Art for artists to put their heart and soul into their pieces, and as Wendy says, “You can feel it as soon as you walk through the door.”

Planet Fitness

Ross Dress for Less

Re-Stored: Downtown Pop-Up Shop Initiative

Twisted Art & More Looking

Hi-Ho Silver

Your day will get brighter when you step into Brighter Day Café for a Beastie Burger, Gnarly Dog or Carolina BBQ sandwich. Owners Garet and Jennifer Watters saw a need Downtown for a place to get a good-tasting meal at a reasonable price, so they opened the small café to serve-up some home-cooked food.

Glass Joint Art Gallery

Here today, gone tomorrow— pop-up shops offer opportunities for a bricks-and-mortar presence without a long term lease. Suffolk’s version of this national trend is known as Re-Stored PopUp Shop Initiative and is sponsored by the Department of Economic Development. The one-day event offers indoor and outdoor spaces to entrepreneurs, independent retailers and specialty merchants wanting to test a market or expand their geographic footprint. Two Re-Stored Pop-Up events were held in 2016, one in May and the other on Small Business Saturday in November. Over 35 merchant and food vendors “popped-up” in historic Downtown, offering a unique array of hand-crafted, artisan-quality items. The goal of Re-Stored Pop-Up Shops is to promote and support owner-operated businesses while encouraging a continued interest in Downtown revitalization.

Craig Musolino, owner, opened a unique art gallery Downtown with the mission to bring all things glass to Hampton Roads. The store features glass pieces including dishes, seasonal and unusual items. Customer service is top priority and everyone is invited to stop in and visit.

Star Pointe Academy

CITY

Texas Roadhouse

OF

SUFFOLK

Twisted Art & More

ECONOMIC

ACTIVITY

Ulta Beauty

REPORT

2016

11


New businesses in 2016 Firm

Target Industries

Product/Services

Sq. Ft.

Investment $10,000

Advanced Tactical

Consumer Goods

Retail

2

1,400

Andrew Gregory - Raymond James

Financial Services

Office and Administration

2

2,400

$25,000

Beach Tire Shop

Food Services

Retail

2

1,156

$10,000

Big D’s Hawaiian Shaved Ice

Food Services

Retail

2

2,948

$5,000

Brighter Day Café

Food Services

Retail

2

2,500

$15,000

Carson Endodontics

Patient Services

Medical

3

1,500

$30,000

CE Tactical

Consumer Goods

Retail

3

1,100

$10,000

Center for Vein Restoration

Patient Services

Medical

4

1,100

$10,000

Clothes Mentor

Consumer Goods

Retail

4

2,680

$50,000

David Karda Insurance Company

Insurance Services

Office and Administration

2

800

$10,000

Decoy’s

Food Services

Retail

85

5,550

$8,000,000

Discount Tire

Consumer Goods

Retail

11

7,373

$1,200,000

D’s General Convenience Store

Convenience Store

Retail

2

1,000

$6,000

Emser Tile

Tile and Stone Sales and Services

Warehouse and Distribution

98

401,066

$16,250,000

First Team Kia

Auto Sales and Services

Retail

25

17,500

$5,000,000

Green Clean Car Wash

Auto Wash

Retail

6

3,756

$650,000

Harbour View Kitchen and Bath

Consumer Goods

Retail

3

1,800

$55,000

Hi-Ho Silver

Gift Shop

Retail

3

1,795

$15,000

L&N Groceries

Convenience Store

Retail

3

1,100

$10,000

LabCorp

Lab Services

Medical

1,243

$15,000

Lidl

Grocer

Retail

Little Yeti’s Snoballs

Food Services

Retail

3

1,552

$10,000

NILD

Patient Services

Medical

4

3,193

$25,000

Pho79

Food Services

Retail

12

2,500

$30,000

Planet Fitness

Fitness Services

Retail

10

25,600

$2,200,200

Plum Crazy

Gift Shop

Retail

0

2,500

$10,000

Remedy Staffing

Staffing Services

Office and Administration

1

2,000

$10,000

Riverfront Dentistry

Patient Services

Medical

4

2,350

$20,000

Sadler Homes

Building Services

Office and Administration

5

1,800

$10,000

Saunders Real Estate Professionals

Real Estate Services

Office and Administration

2

800

$1,500

Shannon Brinkley Taylor

Insurance Services

Office and Administration

2

1,200

$20,000

Smart Talk Wireless 2

Consumer Goods

Retail

3

1,100

$8,000

Southeastern Cable

Communications Services

Office and Administration

3

2,072

$10,000

Sprint

Consumer Goods

Retail

3

1,300

$15,000

Star Pointe Academy

School (Private)

Other

8

7,148

$20,000

Suffolk Executive Offices

Corporate Services

Office and Administration

1

5,500

$20,000

Superior Trailer

Trailer Sales and Services

Retail

4

21,229

$50,000

Team Logic IT

Computer Services

Office and Administration

3

1,485

$15,000

The Glass Joint

Gift Shop

Retail

2

1,300

$5,000

The Shops at Centerbrooke Village

Speculative

Retail

Tidewater Kidney Specialists

Patient Services

Medical

Twisted Art and More

Gift Shop

UPS

Shipping Services

CITY

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ECONOMIC

ACTIVITY

REPORT

2016

8 55

35,962 $5,400,000

0

34,000

$5,000,000

11

1,518

$90,000

Retail

2

3,458

$10,000

Warehouse and Distribution

3

7,750

$1,000,000

411

627,084

$45,355,700

Total New Businesses

12

New Jobs


More companies are saying

Expanding businesses in 2016 Firm

Target Industries

Product/Services

New Jobs

422 South Pinner Street

Speculative

Office and Administration

Academy Animal Care

Veterinary Services

Medical

AutoZone

Auto Goods

Birdsong

Peanut Processing

to Suffolk

Sq. Ft.

Investment

0

0

$30,000

0

0

$10,000

Retail

11

7,382

$500,000

Food and Beverage Processing

10

11,673

$2,800,000

Bon Secours Health Center at Harbour View Patient Services

Medical

0

0

$400,000

Burger King

Food Services

Retail

0

0

$245,000

CHKD Health Center and Urgent Care

Patient Services

Medical

80

20,000

$4,600,000

Dollar General Carolina Road

Consumer Goods

Retail

8

7,200

$385,000

Dollar General Godwin Blvd

Consumer Goods

Retail

8

7,200

$410,000

Duke Collision Center

Auto Services

Retail

4

12,000

$20,000

East West Realty Partners

Real Estate Services

Office and Administration

6

2,083

$10,000

Farm Fresh

Grocery

Retail

Fresenius Kidney Care

Patient Services

Medical

Great Clips

Hair Services

Hardee’s

Food Services

Harris Funeral Home Kraft Heinz Planters

0

0

$50,000

12

11,684

$200,000

Retail

9

1,300

$50,000

Retail

0

0

$35,000

Funeral Services

Retail

0

0

$30,000

Peanut Processing

Food and Beverage Processing

0

0

$750,000

Lavish Nails

Nail Services

Retail

6

1,100

$30,000

Lockheed Martin Center for Innovation

Defense and Technology Services

Office and Administration

0

5,277

$744,000

Metro Van and Storage

Shipping Services

Warehousing and Distribution

0

33,000

$15,000

Nansemond Pre Cast Concrete

Concrete Services

Advanced Manufacturing

0

,477

$450,000

Nansemond Suffolk Cemetery

Cemetery Services

Other

0

768

$100,000

RnR

Consumer Goods

Retail

0

5,351

$46,500

Sentara

Patient Services

Medical

241

41,025

$11,857,000

Shaffer Realty

Real Estate Services

Office and Administration

2

1,068

$50,000

Southern Bank

Financial Services

Retail

0

0

$84,450

Speedway

Convenience Store

Retail

0

0

$107,000

Starbucks

Food and Beverage Services

Retail

0

0

$4,200

Starr Motors

Auto Sales and Services

Retail

0

0

$7,500

Suffolk Family YMCA

Fitness Services

Retail

20

15,000

$3,200,000

Suffolk Shopping Center

Speculative

Retail

0

0

$233,408

Sumitomo

Industrial Gear Distribution

Warehousing and Distribution

0

0

$75,600

Super 8 Hotel

Hotel

Hospitality

0

0

$30,000

Terma

Defense Technology

Advanced Manufacturing

0

0

$25,000

Unilever Lipton

Tea Processing

Food and Beverage Processing

0

0

$1,300,000

Unique Little Hands Day Care

Child Care

Retail

0

2,000

$15,000

Virginia Indigent Defense Commission

Attorney Services

Office and Administration

1

3,976

$175,000

VRCP Building B

Speculative

Warehousing and Distribution

0

284,580

$17,000,000

Walmart

Consumer Goods

Retail

8

2,730

$2,800,000 $1,600,000

Wanchese and Cook Seafood

Seafood Processing

Food and Beverage Processing

10

0

Western Tidewater Community Services

Public Services

Office and Administration

0

0

$34,900

Wilco

Convenience Store

Retail

0

0

$175,000

Total Expanding Businesses

436

480,874

$50,684,558

Total New and Expanding Businesses in 2016

847 1,107,958 $96,040,258

CITY

OF

SUFFOLK

ECONOMIC

ACTIVITY

REPORT

2016

13


Awards and Accolades

The numbers say

Grandwatt Grandwatt Electric Corporation is a global manufacturer of portable light towers and generator sets available in various configurations. The company made sales to distributors in Chile and Costa Rica as a result of its participation in the Virginia Economic Development Partnership’s (VEDP) international trade program. Grandwatt signed an agreement to sell generators in Chile, projecting sales of 150200 units per year going forward.

Harper’s Table The awardwinning Harper’s Table restaurant ranked fourth in the 13th annual Coastal Virginia Magazine Platinum Plate Awards. They were noted for their southern-centric menu of locally-sourced food, service and charm. The restaurant was established Downtown by Chef/Owner Harper Bradshaw.

Sera-Brynn

Suffolk 100

New Jobs JobsTotal 847 New

Office & Administration

132K

4%

Retail

2040 Population

37%

Warehousing & Distribution

12%

Medical

42%

Advanced Manufacturing Food & Beverage Processing

2%

Hospitality

1%

Other

1%

Square Footage Total 1,107,958

Square Footage

Warehousing & Distribution

64%

Medical

8%

Advanced Manufacturing

1%

Food & Beverage Processing

1%

Hospitality

1%

Other

1%

New Sq Ft

$96M+ Invested

Investment Total $96,040,258

New Investment

14

CITY

OF

SUFFOLK

ECONOMIC

Office & Administration

1%

Retail

36%

Warehousing & Distribution

35%

Medical

18%

Advanced Manufacturing

1%

Food & Beverage Processing

7%

Hospitality

1%

Other

1%

The Suffolk Economic Development team (L-R): Terry Smith, Gregory Byrd, Jennifer Schmack, Kevin Hughes and Deanna Holt.

ACTIVITY

REPORT

2016

430

Median Household Income

3% 21%

Population

AAA $65K+ Credit Rating 1.1M+

Retail

91,722

Sq Miles

1%

Food Writers Tour National food and beverage journalists were treated to outstanding Suffolk hospitality while gathering information on Virginia’s $25.9 billion food processing industry. Stops on the tour included Wanchese Seafood, a familyowned fish processing business, and Massimo Zanetti Beverage USA coffee processing facility. The event was sponsored by Virginia Economic Development Partnership (VEDP), The Port of Virginia, Hampton Roads Economic Development Alliance (HREDA) and Suffolk Economic Development.

Industry Visits

Prospect Visits

Office & Administration

Sera-Brynn returned to a top spot in 2016 on the Cybersecurity 500, a list of the hottest and most innovative cybersecurity firms in the world. The list, compiled by Cybersecurity Ventures ranked Sera-Brynn at #10 globally, #7 in the U.S. and #1 in Virginia. The Harbour Viewbased company offers audit, risk management and advisory services.

400

847 New Jobs 100 Best Places to Live


Navigating Suffolk’s 430 square miles of opportunity Traditional paper maps may not be so crucial in the digital age, but requests still poured in for an introduction to Suffolk. The Department of Economic Development turned these inquiries into an opportunity to create an illustrated map that is engaging and fun, highlighting the history and major landmarks of the city. The maps are free and can be found at Suffolk Visitor Center and City Hall.

Just say (or tweet) #YesSuffolk Want to keep up on the latest news in the Suffolk business community? Want to network with local entrepreneurs? Then be sure to follow the Suffolk Department of Economic Development on Facebook, Twitter and Instagram. We launched our #YesSuffolk social media campaign in September to highlight business expansion and activity. You can find us @YesSuffolk and be sure to use the hashtag #YesSuffolk when posting to social media so we can share your story with the entire community.

CITY

OF

SUFFOLK

ECONOMIC

ACTIVITY

REPORT

2016

15


YesSuffolk.com City of Suffolk Department of Economic Development

P.O. Box 1858, Suffolk, Virginia 23439

757-514-4040


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