• Virginia Beach Emerges as Tech Hub, Pharrell Fest Decision, and Community Kindness

  • Jan 4 2025
  • Length: 4 mins
  • Podcast

Virginia Beach Emerges as Tech Hub, Pharrell Fest Decision, and Community Kindness

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  • Summary

  • Good morning, this is Virginia Beach Local Pulse for January 4, 2025.

    We're starting off the year with some exciting news from the tech sector. Virginia Beach is emerging as a thriving tech hub, with demand soaring for roles like Software Engineers and Data Engineers. Companies like USAA and Ferguson Enterprises are driving this boom, with salaries reaching up to $198,000 and $191,000, respectively. The city's internship program is also seeing a 20% boost, offering hands-on experience in everything from IT systems to digital marketing[2].

    In other news, the City Council will vote on Tuesday on whether to issue an ultimatum to the festival spearheaded by Pharrell Williams. This decision could have significant impacts on the city's cultural scene and local businesses[1].

    Moving on to the job market, we're seeing a 15% jump in job postings this year, making it perfect timing for newcomers to jump in. Major hiring announcements include Doma Technologies investing $3.7 million and creating over 300 new tech jobs. Top local employers like The Select Group and ADS Inc. are leading the transformation, with tech companies now making up 15% of the local economy and creating jobs for nearly 20,000 people[2].

    In real estate, we're seeing notable commercial property sales and new development projects. The area around Virginia Beach is just as lit for tech opportunities, with top IT service providers offering competitive salaries ranging from $120-200 per hour. Weekly median home prices and inventory levels are stable, but we're keeping an eye on significant zoning changes or property developments that could impact local residents.

    From City Hall, we're expecting a comprehensive update on the 2025 Virginia Beach business and economic forecast at the upcoming State of the City luncheon on January 8. City leaders will share insights on projects and initiatives, as well as community involvement[3].

    Weather-wise, we're looking at a partly cloudy day with a high of 52 degrees. There's a slight chance of rain later in the evening, so make sure to check the forecast before heading out.

    In new business activity, we're seeing a mix of openings and closings. The Virginia Living Museum in Newport News is welcoming a new porcupine, and you can help name it. Meanwhile, a 'Christmas Angel' pulled through for a Virginia Beach Navy family to help buy shoes, showcasing the community's spirit[4].

    Upcoming community events include the State of the City luncheon and various holiday festivities. In local school achievements, we're celebrating the success of Huntley, the Virginia native who won "The Voice" and is performing at the Ferguson Center for the Arts.

    In today's crime report, deputies used stop sticks to deflate a vehicle's tires and positioned their patrol cars as a barrier to stop the vehicle in a recent incident. We're also seeing a canine distemper outbreak impacting Virginia and NC wildlife, so pet owners, please be vigilant[4].

    Finally, a feel-good community story: the 'Christmas Angel' who helped the Virginia Beach Navy family is a heartwarming reminder of the kindness in our community.

    This has been Virginia Beach Local Pulse. We'll see you tomorrow with more local updates.
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