portsmouth virginia economic development authority. (a) The city treasurer is authorized to issue a rebate of the fees and in the amounts set out in section 9. portsmouth virginia economic development authority

 
(a) The city treasurer is authorized to issue a rebate of the fees and in the amounts set out in section 9[email protected] Economic Development is your business's resource for starting, locating, and growing in the City of Portsmouth" alt="portsmouth virginia economic development authority Terry El-Nakeeb Dec 1st, 2022" style="filter: hue-rotate(-230deg) brightness(1.05) contrast(1.05);" />

Phone Number (757) 393-8804. Yarmosky@governor. VEDP is the state development arm created by the General Assembly to encourage, stimulate, and support the development and expansion of the Commonwealth's economy. WINDOWS OF OPPORTUNITY GRANT . Clarke County, Virginia, is an Equal Opportunity Employer and does not discriminate against employees or applicants for. 4th floor. Press Release. The EDA is comprised of seven (7) City Council-appointed Commissioners serving staggered four (4) year terms. in Town Center is owned by the city’s Development Authority. Join us on Monday, October 9, at 10:30 am to celebrate this exciting addition to the downtown community with a ribbon-cutting ceremony. Mr. (WAVY) – With the cutting of a ribbon, the new Portsmouth Economic Development Workforce Development Center officially opened to the public. Swedish construction and development company Skanska has penned a contract with the Virginia Port Authority for the redevelopment of the Portsmouth marine terminal for use as an offshore wind staging port. m. - 5 p. Portsmouth, Virginia Event Landing Page: Monday October 23, 2023 12:30 pm – 2:00 pm:. com. 1 (§ 15. PED works directly with business, education & gov't partners. About; Dining; Blog; Meetings; Things To Do; Shopping; Outdoors; Museums; Visitor Directory; PLAN YOUR TRIP; Where To Stay; Parking; Visitor Services; City of Portsmouth Municipal Website Portsmouth Economic Development Portsmouth Virginia Events Calendar Olde Towne Portsmouth. The $223m deal supports the Coastal Virginia Offshore Wind (CVOW) project which is the largest offshore wind project of its. 08. bayer@norfolk. Home. Economic Development. The Portsmouth Business Directory is a listing of many of the businesses in the city to help you connect locally. 30 per $100 of assessed value. The City of Portsmouth offers a modernized historical downtown full of walkable businesses, as well as cultural and recreational entertainment options. City of Portsmouth Fiscal Year 2016 Adopted Budget Community and Economic Development. Step FiveCommunity and Economic Development Economic Development City Council named economic development its top priority late in 2009. Assessing Housing and Redevelopment Strategies, Portsmouth, VA 2 on economic revitalization of the City’s downtown core; housing strategy recommendations were provided only as they affected the economic revitalization of the core. For more information regarding this program and to find out if your business project may be eligible, please contact the Director of Development at (757) 391-2910 or at development@prha. 1,864 acres. 2-6214) Chapter 63 Authorities for Development of Former Federal Areas (§§ 15. m. 393. Agendas & Minutes. 8836 (f) 757. Within the proposed (second) Virginia Enterprise Zone, the maximum assessed value for the with the ERSTE applies will be increased to $5,000,000. The Economic Development Authority (EDA) of the City of Portsmouth is a political subdivision of the Commonwealth of Virginia created by City Council in 1968. Encourage exports of Virginia’s products and services. Season Roberts of Virginia Beach, Managing Partner, Charrette Agency . He knew it 18 months ago when the Staunton City Council majority bloc took office, he said. Portsmouth Economic Development is your company’s liaison to access all our Smart City has to offer. Helpful Links. 757-393-8651: Portsmouth Redevelopment and Housing Authority: 757-399-5261: Property assessment questions (Real Estate Information) 757-393-8631: Real estate taxes: 757-393-8198. Portsmouth is home to every. Lexington Place. (Nov. 393. A must-watch for those interested in economic development and policy-making. The Department of Economic Development focuses on three (3) economic development principles: business attraction, business retention, and business expansion. m. Connecting You with the Resources to Grow. 0947 Port Of Va Economic Infrastructure Devlpmt Grt Fd $0 $0 1000 Federal Trust $3,000,000. Alexandria Economic Development Partnership is a 501(c)6 public-private partnership that promotes the City of Alexandria as a premier location for businesses of all sizes, entrepreneurs, nonprofits, and cutting-edge institutions of science and learning. * Downtown Portsmouth Economic Development Plan – The goal of the plan is to have a guiding framework for economic growth, business attraction, tourism, and multi-family residential development in Downtown Portsmouth. Rivers Casino Portsmouth is officially open. 2-2 to a qualifying applicant for qualifying activity in an enterprise zone designated by the governor of the Commonwealth of Virginia and located in the city. 3336 Victory Blvd. Virginia - Department of Economic Development. Board & Commissions. Lexington Place. m. gov / 757-664-4766. Get involved and keep up with the projects we're involved in! This morning's Economic Development Authority's (August 16, 2022) meeting is now available on the…Portsmouth @ Work - Workforce Development & Training Business Directory Property Search About Us About Us Page; Staff Partners Economic Development Authority Portsmouth Port & Industrial Commission News &. Date: October 19,. Economic. partners with state, federal, local and nonprofit housing and community and economic development initiatives. Natural. 2 days ago · Onshore, the Virginia Port Authority has put more than $220 million toward the Portsmouth Marine Terminal to develop areas where large wind components like turbines and monopile foundations can be. m. Codified at Chapter 60 (§ 15. Economic Development Authority Portsmouth Port & Industrial Commission News & Press Media Library Event Calendar. That Economic Development Authority of the City of Portsmouth, Virginia (or its successors in interest to the property) is hereby granted a use permit pursuant to Section 40. Economic Development Authority of the City of Portsmouth . A low-income census tract is defined as having an individual. Economic Development 732,084 944,754 - 899,465 911,868 Total Budget 4,882,370 9,124,993 - 9,006,965. Pease Development Authority. VIRGINIA BEACH, Va. In 2021, Portsmouth, VA had a population of 97. m. Economic Development Authority Meeting August 16, 2022 Portsmouth Virginia. Gain insights into the economic strategies, plans, and discussions that shape the future of Portsmouth's economy. The dynamic neighborhoods and business districts offer residents and professionals access and options quickly while remaining central to the 757. Mailing Address: 200 High Street Suite 200 Portsmouth, VA 23704. Virginia Beach Development Authority | 4525 Main St. Economic Development Agency, Government Economic Program, State Government Office. The Portsmouth Economic Development Authority (EDA) will be meeting virtually on Tuesday, April 20th, 2021 to discuss business vital to ongoing operations of the City in compliance with the Governor's orders. m. S. Hotel Reservations: Hotel: 804-364-3600 Reservations: 1-888-225-9664 Online Reservations. Economic Development Authority Portsmouth Port & Industrial Commission News & Press Media Library. The event kicked off with a special performance by Norfolk State University’s “Spartan Legion” Marching Band . Generate wealth for the City of Norfolk through business expansion, enhancement, and new business development. m. Mayor Shannon Glover says Portsmouth is open for business. Portsmouth Economic Development has a simple goal: to support the Portsmouth business community in starting, growing, and locating their businesses. Our SmartStart Business Guide is intended to distill the key information you need when starting a business and provide you with a roadmap to the different city services you'll need. 2-6200 through 15. Portsmouth Economic Development is. Community Profile; Home to the Region’s:. The Economic Development Authority (EDA) of the City of Portsmouth is a political subdivision of the Commonwealth of Virginia created by City Council in 1968. S. com. DuVal will present the plan to the governor-elect at the organization’s December economic summit. The EDA is comprised of seven (7) City Council-appointed Commissioners serving staggered four (4) year terms. headquarters or a local startup growing your practice, Chesapeake has something for everyone. Address: 1746 South Street, Portsmouth, VA 23704. (Sept. Natural Gas (per 1,000 cubic feet) $5. Dean A. History of Portsmouth. Commonwealth of Virginia's Building codes and assigned local regulations, coordination of new programs to promote new. Portsmouth, Virginia 2021 | For the FisCAl YeAr ended June 30, 2021 21 Annual Financial Report (FNL-REV II). Time: 9:00 AM - 11:00 AM. Virginia Beach Economic Development Ste 1000, 222 Central Park Ave, Virginia Beach, VA - 34. Website. Hinds gave a brief overview of the Virginia Industrial Development Authorities Institute. We are here to help you. S. DOMA Technologies to invest $3. In fact, the ultimateOpportunity Zones are designed to spur economic development in economically-distressed communities by providing federal tax benefits to investors with capital gains. m. m. m. Lexington Place Development; Available Properties; Homeownership; Deeds and Releases; HCV/S8. 1 miles. The EDA is comprised of seven (7) City Council-appointed Commissioners serving staggered four (4) year terms. Contact Purchasing Manager Mike Legge at purchasing@clarkecounty. Baillie — Treasurer Anthony. gov. About. Brian provides oversight of the office’s business recruitment, retention and workforce development. He directs and manages the operations of Virginia’s marine. Quasi-Judicial Board or Commission – Governed by state law (RSAs), City Charter, and City Ordinance . 2025 Master Plan. It supports efforts to create more high-paying jobs through incentivized collaboration betweenAlso serving as vice chair of the Virginia Economic Development Partnership, the University of Virginia graduate has had direct involvement in securing several big-ticket projects: Amazon’s HQ2 East Coast headquarters in Arlington ($2. Economic Development 701,960 923,623 923,623 885,291. S. • A separate authority created by the locality for a specific development • A voluntary special assessment district created at the request of the landowners • Authorized by Va. The Chairman called the meeting to order at 8:02 a. Providing legal counsel to the Portsmouth Economic Development Authority and the Portsmouth Port and Industrial Commission;. VEDP Update. 3% between July 2021 and July 2022. Economic Development Authority Meeting August 16, 2022 Portsmouth Virginia. PORTSMOUTH. Economic Development Authority Let's Get Social, Portsmouth! City Manager for the City of Portsmouth VA Position Specification November 2023 Portsmouth Live Meeting. Thomasson — Chairman Aaron J. - 5 p. Our staff stays up-to-date on available properties throughout the city and can help you determine the appropriate use. aspx. Government . A line. Recently relocated from Richmond, VA, Aimee earned a Bachelor of Science in Marketing from Virginia Commonwealth University and has 11+ years’ experience in the marketing and multi-family housing industries. 801 Crawford Street. Name Title Email Phone Additional Phone Donahue, Brian Assistant Director of Economic. Software Development Company to Expand in Virginia. Personal Property Tax – Boats. Pg. Small Business. 0 miles. Any assessed value in excess of $5,000,000 would be fully taxable but could leverage an REIG. The Chairman called the meeting to order at 8:02 a. Portsmouth Economic Development | 1,112 followers on LinkedIn. Stephen Edwards of L. Both traditional and emerging industries have a home in the City of Portsmouth. Created in 1995,. Board & Commissions. Official Forms. Fairfax County, Virginia — The Fairfax County Economic Development Authority (FCEDA) has named Victor Hoskins as its new president and chief executive officer. The EDC's function is to develop economic development policies, goals and objectives as an advisory commission to the. Commonwealth of Virginia's Building codes and assigned local regulations, coordination of new programs to promote new. Economic Development Agency, Government Economic Program, State Government Office. Jason El Koubi, President & CEO, Virginia Economic Development Partnership; Event Landing Page/Registration. Specifically, the Virginia economic impacts of the Port of Virginia in fiscal year 2021 include: • $100. OUR MISSION: The mission of the Economic Development Authority (EDA) is to create jobs, maximize the utilization of Norfolk’s real estate, foster business capital investment, increase revenue by. 5. The Portsmouth Economic Development Department’s 2021 Annual Report (highlighting 2020 business. Portsmouth Economic Development . $2,305,540 in 2019 Disaster Supplemental funds, matched by $576,385 in local investment, to the Economic Development Authority of Floyd County, Floyd/Floyd County, Virginia, to fund construction of the Floyd Growth Center Building for skilled trades and innovative production in Floyd County. Overview. Cal-Maine Foods, Inc. The EDA is comprised of seven (7) City Council-appointed Commissioners serving staggered four (4) year terms. New Port Community Development Authority 12 - 9 Fiscal Year 2014 12 - 1 Community and Economic Development. The Economic Development team is committed to supporting and building a diverse, innovative, and talent-focused economy that enhances the quality of life for both Portsmouth residents and visitors, across all socioeconomic levels. Stephen A. Coal Train Heritage Authority, Virginia. Economic Development Authority Meeting August 15, 2023 Portsmouth Virginia EDA. Economic Development Authority Meeting August 15, 2023 Portsmouth Virginia EDA. Economic Development Authority of the City of Portsmouth . 5k people with a median age of 35. Agendas & Minutes. SMART START BUSINESS GUIDEThis morning's Economic Development Authority's (August 16, 2022) meeting is now available on the City's YouTube channel. aspx. 570 likes · 8 talking about this · 9 were here. 17 Housing Urban Development jobs available in Nav Wpns Sta, VA on Indeed. The Norfolk Economic Development Authority; Menu. The Hampton Roads Workforce Council (HRWC) will develop the Region 5 Talent. . Portsmouth @ Work - Workforce Development & Training Business Directory Property Search About Us About Us Page; Staff Partners Economic Development Authority Portsmouth Port & Industrial Commission News & Press Media Library Event Calendar Contact UsEconomic Development Authority (EDA) 2018; 2017; Agenda Minutes Download Feb 23, 2018. We have the expertise and relationships to connect new and expanding businesses with a wide. Economic Development Authority Portsmouth Port & Industrial Commission News & Press. 1 (§ 15. That Economic Development Authority of the City of Portsmouth, Virginia (or its successors in interest to the property) is hereby granted a use permit pursuant to Section. Economic Development Authority Meeting . Portsmouth Redevelopment and Housing Authority manages the following affordable housing programs:. Bailey. 30 per $100 of assessed value. Retention. VIG is the largest privately-owned container terminal in the United States. Stephen Edwards, a Los Angeles-based CEO with more than two decades of maritime industry. A recording of the meeting will be posted on the Economic Development website. — Mitch Carmichael, the cabinet secretary for the West Virginia Department of Economic Development, was quietly removed as chairman and designee of Gov. The Portsmouth Port & Industrial Commission (PPIC) was specifically created for Portsmouth by the Virginia General Assembly in 1954. expansion in Manassas. Home. 393. Brian has 19 years of experience in economic development, community development and real estate across the Commonwealth of Virginia. — Portsmouth is hoping to bring new life to an area of the city described as underdeveloped by creating an Innovation District to attract new businesses. COMMISSIONERS PRESENT: ALSO PRESENT: Dean A. com (4:14 hours) Thursday, September 23, 2021 9:00 am - 10:00. DHCD programs strive to maintain the vibrancy of communities throughout the Commonwealth and include providing universal. Use the link provided to view . With nearly three decades of experience in the econom-ic development field, two of which were spent in Portsmouth, you can rest assured I have hit the ground running. Specifically, the Virginia economic impacts of the Port of Virginia in fiscal year 2021 include: • $100. There is hereby created in the state treasury a special nonreverting fund to be known as the Port of Virginia Economic Development Grant Fund (the Fund), to be administered by the Virginia Port Authority. Agendas & Minutes. 1. The Portsmouth Economic Development Authority (EDA) will be meeting virtually on Tuesday, Nov. The Virginia Economic Development Partnership worked with the City of Lynchburg and the Lynchburg Regional Business Alliance to secure the project for Virginia. VEDP works to accomplish these objectives. The Economic Development Authority (EDA) of the City of Portsmouth is a political subdivision of the Commonwealth of Virginia created by City Council in 1968. 999 Waterside Drive, Suite 2430, Norfolk, VA, 23510. The city’s Economic Development Authority might find itself in the midst of a legal controversy now that it has voted to buy back land for a. Directions Physical Address: View Map. SMART START BUSINESS GUIDESearch Technical manager analyst jobs. S. The Historically Underutilized Business Zone Program is a “place-based” federal contracting program for small businesses. Portsmouth, VA 23704 (757) 673-0001. The Port of Virginia’s mission is to deliver opportunity by. 30 miles of on-dock rail. Within the proposed (second) Virginia Enterprise Zone, the maximum assessed value for the with the ERSTE applies will be increased to $5,000,000. The EDA is governed by an independent Board of seven Directors who are appointed by the Warren County Board of Supervisors. Independence Blvd. Our location in both the middle of Hampton Roads. West End Vision Plan, October 2015. . This funding will support 14 projects focused on economic diversification, workforce development, talent pipelines, economic resiliency, and. New Port Community Development Authority 16 Fiscal Year 2012 1 Community and Economic Development. President and Chief Executive Officer of the Virginia Economic Development Partnership. Address: 1746 South Street, Portsmouth, VA 23704. Amentum has more than 44,000 employees in 85 countries on all seven continents, including locations across Virginia in Alexandria, Arlington, Chantilly, Dahlgren, Falls Church, Fredericksburg, and Norfolk. Call Us (757) 393-8832. Coastal Virginia Offshore Wind Economic Profile Tax Structure Utilities and Infrastructure. F. We believe that a diverse business landscape along with a variety of sustainable employment options is a direct way we can impact the quality of life for Portsmouth residents. Make your hotel reservation by Saturday, March 5, 2022 to receive the VEDA group rate of $159 per night. — The West Virginia Economic Development Authority Board of Directors approved more than $6 million in loans to four businesses at its August meeting on Thursday. Stephen A. . Terry El-Nakeeb Dec 1st, 2022. We have the expertise and relationships to connect new and expanding businesses with a wide variety of resources, including local. Economic Inclusion Website /QuickLinks. 8 million, the property has sat vacant for years and. Board & Commissions. The Commonwealth of Virginia budget also included investments of up to $40 million to upgrade the Portsmouth Marine Terminal to secure new investments in the offshore wind supply chain. Local Utility Snapshot (Average Rates) Electricity (cents per kWh) $. The event kicked off with a special performance by Norfolk State University’s “Spartan Legion” Marching Band . - 5 p. 1 BILLION IN OUTPUT SALES; • $47. - 5 p. By Senators Jeffries, Queen, Deeds, Plymale, Hamilton, Roberts, and Hunt. Scott (arrived at 8:11) The City of Portsmouth serves a wide range of growing industries. 19th Annual Consultants. 2-2 to a qualifying applicant for qualifying activity in an enterprise zone designated by the governor of the Commonwealth of Virginia and located in the city. The Master Transportation Plan (MTP) is the City’s Plan for transportation in Portsmouth. 17th, 2020 to discuss business vital to ongoing operations of the City in compliance with the Governor's orders. CHARLESTON, W. ) of Title 15. Governor Glenn Youngkin announced today that Lyon Shipyard, Inc. 5. That Economic Development Authority of the City of Portsmouth, Virginia (or its successors in interest to the property) is hereby granted a use permit pursuant to Section 40. Portsmouth’s tax structure favors new and expanding businesses. COMMISSIONERS PRESENT: ALSO PRESENT: Dean A. (2) “Broadband Loan Insurance Program” or. Economic Development Authority Meeting September 19, 2023 Portsmouth Virginia. gurney@siemensgamesa. ) today applauded the announcement that BHE Renewables, a Berkshire Hathaway Energy business, has entered into an agreement with the State of West Virginia to purchase more than 2,000 acres of land in Ravenswood, W. m. Let's Get Social, Portsmouth!. Program Guidelines & Application Process Information . In July 2010, the Virginia Port Authority (VPA) and APM Terminals entered into a 20-year lease agreement. Aimee Tracy joined the Portsmouth Economic Development team in August 2022 as a Business Development Specialist. 3116 South Street | Portsmouth, VA 23707. The Department of Development staffs the Economic/ Industrial Development Authority of the City of Newport News, Virginia. PED works directly with business, education & gov't partners to build a strong business & economy! Portsmouth Economic Development | Portsmouth VA Brian has 20 years of experience in economic development, community development and real estate across the Commonwealth of Virginia. Portsmouth 5-year Development Activity Summary (Planning Department, August 2021) Master Plan. Another vital asset is its relationship with the state’s economic development agency, the Virginia Economic Development Partnership. Bureau of Community Development. Information Session. Send faxes to (540) 955-0456. For additional details about this program, please contact Economic Development Staff at 757. Employment Opportunities. Welcome & Call to Order (Thomasson) 2. m. A. The EDA is comprised of seven (7) City Council-appointed Commissioners serving staggered four (4). May 30, 2017 . A low-income census tract is defined as having an. The firm will use the terminal for its work on the Coastal Virginia Offshore Windfarm and other projects along the East Coast. ) of Title 15. Cathy Revell . FORT MONROE AUTHORITY . aspx. With nearly three decades of experience in the econom-ic development field, two of which were spent in Portsmouth, you can rest assured I have hit the ground running. Coastal Virginia Offshore Wind Economic Profile Tax Structure Utilities and Infrastructure. Portsmouth City Hall Contact Us 801 Crawford Street Portsmouth, VA 23704 Phone: 757-393-8000 Monday-Friday 8 a. The Economic Development Authority (EDA) of the City of Portsmouth is a political subdivision of the Commonwealth of Virginia created by City Council in 1968. Software Development Company to Expand in Virginia. Portsmouth Economic Development is your companys liaison to access all our Smart City has to offer infrastructure, accessibility, workforce and planning. Hometown Program. THE VISION Norfolk Economic Development is a trusted leader and partner driving sustainable and equitable opportunities for all. For at least a decade, Suffolk has been closing in on Portsmouth in terms of population. Sonja Briggs has over 20 years of customer service, administrative, and workforce experience in higher education, human services, and public housing settings. Te Port of Virginia Incentives EPORT GIDE Port of Virginia Economic and Infrastructure Development (POV) Grant A business entity that meets all four criteria listed below may be eligible for a cash grant from the POV Grant per Section 62. The Port is a large partner of the City’s and helps to drive the maritime & logistics industry forward through continual advancement and investment. With over three centuries of contributions to this nation, Portsmouth is a testament of what a community can do to insure freedom and democracy. - 5 p. A. Users who need accessibility assistance can also contact us by phone through the Federal Information. 37th Annual Corporate Survey: Economic Pressures Exerting Greatest Effect on Decision-Makers. The local musical ensemble recently appeared. Brian has 19 years of experience in economic development, community development and real estate across the Commonwealth of Virginia. Collins has expanded multiple times over the years and now services national and international contracts for maritime defense, the department of defense, maritime and logistics and more. Portsmouth Economic Development is your company’s liaison to access all our Smart City has to offer. Day 1 Live Stream Recording via youtube. Portsmouth, VA 23704 AccessPortsmouthVA. 1010 North Glebe Road, Suite 310. Portsmouth @ Work - Workforce Development & Training Business Directory Property Search About Us About Us Page; Staff Partners Economic Development Authority Portsmouth Port & Industrial Commission News & Press Media Library Event Calendar Contact UsAdvanced Materials. Gov2Go ran out of funding after approving applications with a confirmation # and a claim # filed with an email saying your payment was being processed. Board & Commissions. Whether you’re an international corporation establishing a U. Comprising 14 diverse communities (the cities of Chesapeake, Franklin, Hampton, Newport News, Norfolk, Poquoson, Portsmouth, Suffolk, Virginia Beach, and Williamsburg, and the counties of James City, Isle of Wight, Southampton, and York), Hampton Roads has. Overview. moved to go into a closed meeting pursuant to Virginia Code Subsection. Fax: 757-393-5223. Economic Development Authority Meeting December 20, 2022 Portsmouth Virginia. There is hereby created within the city of Newport News, Virginia, a political subdivision of the Commonwealth to be called the Economic Development. ) of Title 15. m. RUSH STREET GAMING AND CITY OF PORTSMOUTH SIGN CASINO DEVELOPMENT AGREEMENT . Renewable Energy and Economic Development Opportunities. Founded in 2003 with $100,000 in seed money from the Portsmouth Partnership, the Portsmouth Partnership Foundation was created to support both worthwhile projects and non-profits within the city of Portsmouth. Phone: (757) 399-5261 • Fax: (757) 399-8697Oct 6, 2023. Economic Development Authority Meeting . We provide housing without discrimination on the basis of race, color, religion, sex, physical or mental handicap, familial status, national origin, or other protected class. He had volunteered to continue serving on the board, but the nominations committee, City. m. With a highly skilled and exceptionally trained workforce, a robust infrastructure serving multiple industries, and a passionate community to support business efforts, Portsmouth is the smart move for business. Portsmouth Economic Development is your company’s liaison to access all our Smart City has to offer. Jim Justice says he will call a special session of the Legislature to fix errors in a bill intended to create a loan fund with the West Virginia Economic Development Authority. Portsmouth Economic Development is your company’s liaison to access all our Smart City has to offer. 393. m. Arlington. Thomasson — Chairman Andrew D. HUBZONE. The Portsmouth Economic Development Authority (EDA) will be meeting virtually on Tuesday, April 20th, 2021 to discuss business vital to ongoing operations of the City in compliance with the Governor's orders. The Virginia Economic Development Partnership (VEDP) is the state economic development authority for the Commonwealth of Virginia. Subscribe. RUSH STREET GAMING AND CITY OF PORTSMOUTH SIGN CASINO DEVELOPMENT AGREEMENT . The business has expanded their Portsmouth headquarters and reinvested approximately $12 million in site acquisition and development. For new.