Maritime: Shipbuilding and Repair


Hampton Roads Alliance
Hampton Roads Alliance2 days ago
Today is World Tourism Day! 🌎 Tourism is a huge economic driver for Hampton Roads. From the beautiful, sandy shores of Virginia Beach to the centuries of culture that define the Historical Triangle, Hampton Roads is a great place to explore, and there are countless ways to appreciate the beauty of the region. Today, we thank everyone who plays a part in improving our region's quality of life, allowing the tourism industry to flourish. What is your favorite local attraction or site to visit? Tell us in the comments below!
Hampton Roads Alliance
Hampton Roads Alliance4 days ago
Governor of Virginia Glenn Youngkin announced today that Alliance Investor will build two world-class facilities and create more than 1,000 new jobs in the City of Virginia Beach (Virginia Beach City Government)! Alliance President and CEO Douglas L. Smith stated “In the past few years, Amazon has truly embraced the Hampton Roads community, opening facilities in multiple locations and quickly becoming one of the region’s major employers. Today’s announcement marks yet another milestone in Amazon’s investment in and dedication to Hampton Roads. The Alliance congratulates Amazon, along with the Virginia Economic Development Partnership and Virginia Beach Department of Economic Development on their continued success and thanks them for their commitment to growing the Hampton Roads economy.” Learn more:
Hampton Roads Alliance
Hampton Roads Alliance1 week ago
Hampton Roads Workforce Council hosted their exciting Workforce Innovation Awards last evening at Rivers Casino Portsmouth! 👏 Congratulations to all the winners including Michael Paris, Bureau Manager for Norfolk Economic Development, for being named 2023 Workforce Champion of the Year!

Norfolk, VA

Norfolk is a thriving city of almost 250,000 residents, serving as the regional center for healthcare, arts and culture, business, higher education, professional sports, innovation and entrepreneurship. A city of international commerce and trade, we have specializations in a wide variety of industries, including shipbuilding and repair, distribution and logistics, information technology, and defense.

Industry Highlights

Norfolk is the most multi-modal city in Virginia. Transportation assets include a global port, Norfolk International Airport (ORF), Half Moone Cruise Center, Amtrak service, and light rail.  A Norfolk Naval Transit Corridor project is under study to evaluate future high-capacity transit services leading to the Naval base.

Businesses seeking collaborative opportunities for innovation find a business community ripe with university research and innovations centers with linkages to sister international organizations addressing problems and finding entrepreneurial solutions. Due to our maritime/coastal, healthcare and military concentration, our technologies are often shared across these platforms.

The region's largest redevelopment project area, St. Paul's, encompasses 350-acres adjacent to Downtown, is in 3 of Norfolk's 16 Opportunity Zones. This area is embracing transformational investment and sustainable environmental efforts. Home to the largest collection of naval operations in the world, touching every branch of the armed services, and home to the future of global security, NATO Allied Command Transformation, Norfolk is known throughout the world as a center of prowess. Progress in the offshore wind industry, and high-speed fiber-optic access connections, as well as installation of 5G, is feeding new opportunities for new and expanding companies seeking scalability and working with an internationally recognized leader in coastal resilience.

Healthcare and medical insurance continues to thrive.  Norfolk is the headquarters of Sentara Health Systems and Optima health. In support of these and many other interests, our centers of excellence expand into studies of reproductive health, autoimmune diseases, medical reporting and diabetes.  In 2020, more than half a billion dollars in hospital expansion projects will be completed.  One expansion is The Children’s Hospital of the King’s Daughters, an excellent institution and one of the only children’s hospitals in Virginia.  

Quality of Life

The Norfolk lifestyle is centered on waterfront recreation and conservation. The Elizabeth River and the Lafayette River wind through many neighborhoods, and the Chesapeake Bay brings 7.5 miles of pristine beach, making Norfolk’s downtown one of the most beautiful waterfront cities on the East Coast.

In addition to outdoor activities, Norfolk also has many other recreational activities, including a vibrant arts and dining scene. Furthermore, a newly announced addition to our community, the Pamunkey Indian Resort Hotel and Casino, will provide another attractive option for things to do in the Norfolk area.


Industry Employment Breakdown

Industry # of Employees % of Workforce
Health Care and Social Assistance 20.800 30.30%
Administrative and Support and Waste Management and Remediation Services 9,164 13.35%
Professional, Scientific, and Technical Services 8,584 12.51%
Transportation and Warehousing 8,047 11.72%
Manufacturing 6,346 9.25%

Source: EMSI


Median Age
Labor Force
Unemployment Rate
Median Household Income
Sources: U.S. Bureau of Labor Statistics, November 2019; Esri Business Analyst Online, 2024 Forecast; Esri Business Analyst Online 2019 Detailed Age Profile; Economic Modeling Specialists International (EMSI), 2019 Forecast

Key Companies

Automatic Data Processing, Inc (ADP)

BAE Systems Norfolk Ship Repair

Children's Hospital of the King's Daughters

Eastern Virginia Medical School

Sentara Healthcare

Norfolk Department of Economic Development

Mr. Sean Washington, Interim Director
(P) 757-664-4333

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Hampton Roads Alliance
3 Commercial Place, Suite 1320
Norfolk, VA 23510
P: (757) 627-2315
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