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Port of Virginia Awards $1 Million in Support of Regional Waterfront Projects
Money to Be Used for Capital Upgrades, Development or Maintenance
NORFOLK, VA – The Port of Virginia approved $1 million in grant awards to eight Virginia localities to upgrade their local ports and waterfront parks, repair and maintain local maritime assets and spur waterfront development
Localities throughout the Commonwealth can apply for funding through The Port of Virginia’s Aid to Local Ports Program. The budget for the annual program is $1 million, which is allocated among the recipients. Funds can be used for projects including dock replacement and similar projects, terminal development, dredging and other various repairs and services and commercial development along the waterfront.
“The state’s maritime community stretches well-beyond the Norfolk Harbor and it is important to recognize that and support that segment of the maritime industry,” said John F. Reinhart, CEO and executive director of the Virginia Port Authority.
At its regularly-scheduled board meeting held May 23, the Virginia Port Authority Board of Commissioners awarded these funds to the recipients based on need and urgency, total cost of the project, the timeline and proposed phases and the forecasted impact on the community.
“There are projects located throughout the Commonwealth that generate jobs, tax revenue and create regional economic benefits,” Reinhart said. “This program helps to support those efforts.”
The funds are primarily directed toward non-cargo-related operations: marinas and commercial fishing or cruise ports. Through the Aid to Local Ports program, The Port of Virginia seesk to help generate both revenue and jobs in the region.
The grants awarded are as follows:
- City of Hampton: $50,000 for downtown commercial fishing pier improvements.
- City of Newport News: $404,627 for outer harbor repairs and modifications to the seafood industrial park.
- City of Norfolk: $82,500 for an ADA-accessible kayak/canoe/paddleboard launch area at Plum Point Park.
- City of Poquoson: $202,125 for construction of a second breakwater at Messick Point.
- City of Richmond: $81,848 for development the Intermediate Terminal project.
- City of Portsmouth: $109,650 for development of Portside and $25,000 for Paradise Creek Nature Park.
- Town of Wachapreage: $38,000 for maintenance and repair at the Town Marina.
- Northampton County: $26,250 for repairs to Morley’s Wharf boat ramp.
Since 1986, The Port of Virginia has allotted $21 million to Virginia ports in need of financial assistance, and will continue to support the local economy in upcoming fiscal years.
The Virginia Port Authority (VPA) is a political subdivision of the Commonwealth of Virginia. The VPA owns and through its private operating subsidiary, Virginia International Terminals, LLC (VIT), operates four general cargo facilities Norfolk International Terminals, Portsmouth Marine Terminal, Newport News Marine Terminal and the Virginia Inland Port in Warren County. The VPA leases Virginia International Gateway and the Port of Richmond. In fiscal 2013, The Port of Virginia provided more than 374,000 jobs and generated $60.3 billion in total economic impact throughout the Commonwealth.