Our community has always been a City shaped by intention - by the thoughtful curation of opportunity, the power of collaboration, and the creativity that fuels innovation. This year, the Economic Development Authority strengthened that vision as new ideas took shape and partnerships deepened, with major employers and emerging enterprises alike reaffirming their commitment to Newport News.
In a year defined by vision and momentum, the EDA curated opportunities, collaborated across public and private sectors, and created conditions for transformative progress – advancing major projects that will shape Newport News’ economic landscape for decades to come.
Topics
- The Inaugural Newport News Economic Development Growth and Expansion (NN EDGE) Summit
- $400 million investment by the U.S. Navy
- The airport achieved “Key Site” designation, recognizing it as a hub for uncrewed systems development and Beyond Visual Line-of-Sight (BVLOS) training
- Innovated Machine & Tool Co., Inc. completed a major expansion in Oakland Industrial Park which included a 30,000-square-foot addition
- Successful rezoning of the 283-acre Endview property
With intention and collaboration, the EDA curated opportunities that activated key sites, strengthened Downtown, and created momentum for inclusive, sustainable economic growth.
Topics
- Shipyard Flats, a $23.3 million adaptive reuse project
- 91 new apartment units and 3,100 square feet of retail space
- Finalizing the disposition of property at 2815 Washington Avenue and 150 29th Street
- The Choice Neighborhoods Initiative (CNI) project
- Mark Turner Construction (MTC), opened its new regional office at 91 29th Street
Collaboration is Newport News’ multiplier – an advantage. We excel at connecting partners, capital, and talent to create more investable places, strengthen workforce pipelines, and deliver measurable economic gains for businesses and residents in the City.
Topics
- Newport News Trades Center groundbreaking
- Opening of the Newport News Early Childhood Development Center
- The opening of Legacy Landing with 155 new townhome and apartment units
- Seafood Market receives $50,000 Infrastructure Grant
Economic vitality is built as we craft investable conditions, collaborate to unlock capital and connectivity, and create pathways for businesses of every size to grow, compete and hire in Newport News.
Topics
- $3.25 million participation agreement with Costco
- Carolinas- Virginia Minority Supplier Development Council hosted its Annual Meeting & ProForum Conference
- 2025 Hampton Roads Small Business Symposium
- Virginia Economic Developers Association (VEDA) 2025 Spring Conference
- East End Business Expo