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July 24, 2024Ranked in the top 10 cities for healthcare in the country, our energetic and wellness-oriented lifestyle not only leads to a healthy and stable economy, but high levels of prosperity and balanced progress in personal and professional ventures.
The EDA is playing a vital role to support Hilton Village Main Street – the Virginia Main Street-affiliated entity for Hilton Village. In partnership with Historic Hilton Village, Inc., the EDA is acting as a fiscal agent to administer key grants from the Virginia Department of Housing and Community Development (DHCD) until the nonprofit Hilton Village Main Street organization is formally established.
Additionally, the EDA worked with HVMS to facilitate a $50,000 grant from the Virginia Main Street Small Area Plan Grant Program to fund planning activities, focusing on the area between Main and Hopkins Streets, including a redevelopment strategy for 96 Main Street, the historic Bank of Warwick building, and guide of best practices for signage, public art and creative placemaking.
As Hilton continues to thrive, the EDA has made investments in strategic property acquisitions to support new growth and reinforce this key neighborhood within the City.
Following the purchase of 11008 Warwick Boulevard in 2023, the EDA authorized a lease with Riverside Health System for the entirety of the 106,000-square-foot, former UPS call center property to serve as Riverside’s new Medical Residency Building. Initial occupancy is projected to occur in Summer 2025 and the new use will directly support Riverside’s health services and medical training functions, in addition to bringing additional visitation and activity to Greater Hilton.
In November, the EDA closed on the purchase of the adjacent Warwick Village Shopping Center at 11006 Warwick Boulevard from Warwick Plaza Shopping Center, LLP, for $6.5 million. This strategic acquisition expands the EDA’s existing ownership of 11008 Warwick Boulevard and 89 Nelson Drive, consolidating prominent properties at a key gateway to the Hilton Village historic business district, in addition to securing frontage along Warwick Boulevard.
While there are no immediate plans to alter the center, it is a key property that will support redevelopment at this community entrance. The EDA intends to engage with neighborhood stakeholders to create a vision for the property that will enhance Hilton Village and the Greater Hilton area, adding to the character of the corridor. The EDA’s acquisitions at 11006 and 11008 Warwick Boulevard align with the City’s strategic goals, and supports revitalization along a key corridor and strengthening of a neighborhood. Hilton is one of Newport News’ strongest neighborhoods, and this redevelopment work underscores a commitment to its vibrancy and success.