Newport News

WE ARE: NEWPORT NEWS

Announcements In June, Governor Terry McAuliffe announced that Ferguson Enterprises, Inc. will expand its Newport News presence and create an additional campus in City Center at Oyster Point. The City Center campus will house 1,400 Ferguson employees working in information technology and other corporate functions. As part of the expansion, Ferguson will invest nearly $83M and create 434 new jobs. Ferguson has been headquartered in Newport News for 47 years and this expansion further solidifies the company’s presence in the city.

Advanced Manufacturing Muhlbauer International expanded their technology production operations by adding 51,200 SF to their existing production facility in Oakland Industrial Park. The expansion represents an investment of $12M and will create 15-20 additional jobs. The company specializes in precision machinery which enables production, personalization and issuance of multimedia card-related security documents, smart labels, and other security and tracking applications. Continental Automotive Systems, a manufacturer fuel injectors and pumps for the automotive and non-automotive markets, continued with significant new investment and job creation as part of their multi-year expansion at the Newport News facility. In 2017, the company received a major Port of Virginia Economic and Infrastructure Development Grant, based on job creation, investment and port utilization. Additionally, based on their active partnership with Thomas Nelson Community College, Continental also qualified for a local Partnership for Advancing Certification Training grant from the Newport News Economic Development Authority.

Revitalization The City of Newport News and the Newport News Redevelopment and Housing Authority were awarded a $500,000 Choice Neighborhoods Initiative Planning Grant from the U.S. Department of Housing and Urban Development to help revitalize and transform a portion of the Southeast Community. This planning grant will enable the City to develop a community-driven plan for Ridley Place and an expanded area around the public housing complex. The Choice Neighborhoods Initiative (CNI) provides competitive grants to transform neighborhoods. The comprehensive process brings together local leaders, residents, and other stakeholders to create and implement a neighborhood revitalization plan to help localities transform and build neighborhoods of opportunity. Ranked in the top 20% of Most Diverse Places to Live in Virginia, and in the top 30% of Most Diverse Cities in America — Niche.com, 2017

The Newport News Economic Development Authority was instrumental in providing support for both the $500,000 planning grant and facilitating the application for a $30M implementation grant. Staff anticipates a decision on this grant in Spring 2018. The Newport News Economic Development Authority was also awarded a $500,000 Virginia Brownfields Restoration and Economic Redevelopment Assistance grant in November 2017 through the Virginia Economic Development Partnership to fund the continued cleanup of the former Chase Packaging site in the Southeast Community. The unique, scenic waterfront location of this property and its transformational potential for the surrounding community have long been apparent. The site is in a key location in the MarshallRidley Choice Neighborhood and its revitalization will be a major contribution toward making the area a sought-after place to live. This grant will dramatically enhance the city’s capacity to move forward with transformational redevelopment in the area.

Mixed-Use Development W. M. Jordan Development Company officially broke ground in August at Tech Center, a 50 acre research park located at the intersection of Jefferson Avenue and Oyster Point Road. Business partners and dignitaries were on hand to make several tenant announcements as part of the ceremony. Building One, developed by W. M. Jordan, is an 80,000 SF facility and is the first of many planned for the park. The Tech Center project is a 100 acre, $450M mixed-use planned development, estimated to create more than 5,500 jobs. The project includes Tech Center Research Park with nearly one million SF of office and laboratory space planned on 50 acres, 288 residential units, and the Marketplace at Tech Center which is anchored by Whole Foods, and includes more than 250,000 SF of retail space.

Infrastructure Construction on Segment 1 of the I- 64 Widening Project, a 5.6 mile stretch of interstate that began in September 2015, celebrated a two year milestone and completion at the end of 2017. Segment 2 began construction in Fall 2016 and is expected to be finished in early 2019.

Food & Beverage On the heels of the release of its first batch of handcrafted bourbon, Ironclad Distillery launched an equity crowdfunding campaign which successfully earned its goal of $450,000 from 599 investors. Founded in 2014 and located along the downtown Newport News waterfront, the family-owned company will utilize the funds to build a tasting room and lounge as well as add equipment to grow production. Expansions and continued investment by firms such as Target Flavors, High Liner Foods, Miller Meats and rigid plastics container manufacturer Printpack added to the growth of the food & beverage market in Newport News.

Population:

Prime-Age Population (Aged 25-54) Civilian Labor Force:

Prime-Age Labor Force Participation Rate

Largest Employment by Industry

Manufacturing Government Healthcare & Social Assistance Retail Trade Accommodation & Food Services Administrative Support

EMPLOYEES

23,790 16,050 12,160 9,840 7,220 5,520 181,830 73,770 88,890 84%

% OF WORKFORCE

16.9% 11.4% 8.7% 7.0% 5.1% 3.9%

Livability To close out the year, Boathouse Live opened in City Center at Oyster Point in December 2017. Boathouse Live is expected to pay homage to the original Boathouse that was a hub for live music in the 1980s in Norfolk. Boathouse Live will be a restaurant and live music venue dedicated to providing a dynamic atmosphere for both artists and audiences alike. The full service restaurant and bar will offer old world New York style pizza made in a unique high temperature coal fired oven, as well as delicious sandwiches, pit house plates, samplers, sides and more. Classic cocktails, approachable wines and the best in local and regional craft beers will be available to serve as the perfect complement to each meal. The music will be presented on a specially designed stage with high quality sound, lights and video, with care being taken to provide all patrons with a great view of the shows featuring the finest national and regional entertainment.

Key Employers

Huntington Ingalls Industries/Newport News Shipbuilding Riverside Health Systems Ferguson Enterprises Canon Virginia Continental Automotive Jefferson Lab Liebherr

Contact

WWW.NEWPORTNEWSVA.COM

Ms. Florence G. Kingston, Director of Development City of Newport News (757) 926-8428 • fkingston@nnva.gov