hampton roads, part b
TRANSCRIPT
The Hampton Roads HarborThe Hampton Roads Harbor
NITNIT
NNMTNNMT
Future CIMTFuture CIMT
PMTPMT
APM TerminalsAPM Terminals
The Virginia Inland Port (VIP) is located 220 miles northwest of Norfolk in Front Royal, VA, across 161 acres
Handled over 60,000 TEUs in 2008
On-site rail service by Norfolk Southern with five-day-a-week rail service between the VIP and the marine terminals in Hampton Roads
Direct interstate access to I-81 and I-66
Virginia Inland PortVirginia Inland Port
Virginia Inland PortVirginia Inland Port
Economic Engine for the Commonwealth
27 Major Companies have located near the VIP
– Investment of Over $599 Million
– Over 6 Million SF of Buildings
– Employment of Over 7,000
The Virginia Inland Port
HOME DEPOT
INTERCHANGE
OZBURN-HESSEYFORTESSA
The Virginia Inland Port
HOME DEPOT
INTERCHANGE
OZBURN-HESSEY
FORTESSA
Selected Distribution CentersSelected Distribution Centers
343,000 jobs, or 9 percent of the state’s resident workforce
$13.5 billion of employee compensation, or 7.4 percent of the total compensation paid to private sector, state and local government employees
$1.2 billion in local income, sales, and real property taxes
$41.1 billion in total revenue
Source: The Fiscal Year 2006 Virginia Economic and Fiscal Impacts of Virginia Port Authority Operations, The Mason School of Business Compete Center, College of William and Mary, January 2008
The Port as an Economic EngineThe Port as an Economic Engine
DEPARTMENT of DEFENSE
Fentress OLF
Naval Security Group(Northwest)
Dam Neck Annex
NAS Oceana
Ft Story
Navy ExchangeCommand
Little Creek Amphibious Base
Ft Eustis
Norfolk Naval
Shipyard
USJFCOM Joint Warfighting
Center
Naval Medical Center
Craney Island
Naval Station
Joint Forces Staff College
Naval Support Activity
Camp Elmore / Camp Allen
Army Corps of Engineers
FT Monroe
Langley AFB
Camp Peary
Cheatham Annex
Naval Weapons
Station
LafayetteRiverAnnex
Hampton Roads Naval
Museum
Army Research
Lab
2030 No-build Level of Service
Majority of principal roads throughout region are congested or extremely congested
Year 2000 Speed Decay
Lower than free flow speeds in large portions of Peninsula, Virginia Beach, Chesapeake and all bridges and tunnels
Future Craney Island Marine TerminalFuture Craney Island Marine Terminal
Phase 1 – by 2020Total Acreage: 220 Pier Length: 3000 ft.Depth: 52 ft.Cranes: 6Capacity: 1.5M TEUsCost: $1.2B
Phase 2 – June 2032Total Acreage: 600 Pier Length: 8000 ft.Depth: 52 ft.Cranes: 15Capacity: 5M TEUsCost: $1.06B
Phase 1 – completed in 2007
Total Acreage: 230 Pier Length: 3200 ft.Depth: 55 ft.Cranes: 6Capacity: 1 Million TEUsCost: $500 Million
Phase 2 - as volume dictates
Total Acreage: 291 Pier Length: 4000 ft.Cranes: 12Capacity: 2.2 Million TEUsCost: $250 Million - Projected
APM Terminals – Portsmouth, VAAPM Terminals – Portsmouth, VA