Earlier this week, the Governor’s Office announced that the Economic Development Authority of the City of Newport News has been awarded a $500,000 competitive grant by the Virginia Economic Development Partnership to fund the continued cleanup of the former Chase Packaging site in the Southeast Community. The Economic Development Authority acquired this property in July 2017 with a goal to positively impact surrounding neighborhoods by improving the site’s appearance and safety. Substantial amounts of debris accumulated by the previous owner have already been removed. The new funding will significantly accelerate completion of the remaining work.
Originally, the property was part of the Horace E. Dodge Boat and Plane Factory, which opened as a 210,000 square-foot, state-of-the-art manufacturing facility for pleasure boats on March 13, 1930. Most recently, it housed Chase Packaging, a business that converted paper into flexible packaging. The unique location of this scenic waterfront property and its transformational potential for the surrounding community have long been apparent. The site is in a key location in the Marshall-Ridley Choice Neighborhood. Its revitalization will make a major contribution toward making the area a sought-after place to live. This grant award will dramatically enhance the City’s capacity to move forward with redevelopment in the area as well as reduce the timeframe required.