Hampton Roads District Council of The Urban Land Institute. Craney Island Marine Terminal Update
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1 Hampton Roads District Council of The Urban Land Institute Craney Island Marine Terminal Update Mr. Jeff Keever Senior Deputy Executive Director Virginia Port Authority June 29, 2011
2 The Port of Virginia NNMT Hampton Roads Harbor Craney Island Marine Terminal CIDMMA NIT Craney Island Road & Rail Connector APM PMT
3 The Port s Economic Impact The Port of Virginia 343,000 Jobs, Every 9 th Job $13.5 B in Income; Revenues of $41.1 Over 14,000 U.S. businesses in 48 states ship goods through The Port of Virginia
4 CIMT Creates Jobs Businesses and support industries will locate in region 54,000+ Jobs $1.7 B annual wages $155M in annual state and local tax revenue
5 World Trade Lanes Lead to Virginia China to West Coast India/Southeast Asia to East Coast Through Suez Canal China to East Coast Through Panama Canal
6 GDP Index Forecasted Global Demand Containerized Trade Grows 2X Faster Than GDP 600 U.S. GDP and TEU Trade: U.S TEUs U.S GDP TEU Index (Millions)
7 Population Centers and Cargo Forecast Less than 6,600 TEUs ,000 TEUs 33,001-88,000 TEUs 88, ,000 TEUs 198, ,000 TEUs
8 Panama Canal Expansion Will Increase Business at The Port of Virginia Creates higher capacity route from Asia to Atlantic ports Completion by 2015 Virginia is the only East Coast port with deep enough channels for biggest ships
9 Virginia Brings Cargo to the Nation Intermodal Freight Movement Heartland Corridor National Gateway NY/NJ Crescent Corridor Rickenbacker Intermodal Terminal Europe Virginia Craney Island Marine Terminal $6B in National Benefits Service To All U.S. Markets in 48 States Suez Canal Panama Canal Expansion South America International Trade Lanes The Port of Virginia s Deep Channels Make it the Only East Coast Port Able to Handle World s Largest Ships
10 James River James River Newport News Chesapeake Bay James River Bridge Monitor- Merrimac Memorial Bridge Tunnel Hampton Roads Craney Island U.S. Naval Base NIT NIT Chesapeake Bay Hampton Roads Bridge Tunnel Portsmouth Norfolk Suffolk Bower s Hill PMT Segment 1 Segment 2 Segment 3 Segment 4 Segment 5
11 James River Newport News Chesapeake Bay James River Bridge Monitor- Merrimac Memorial Bridge Tunnel Craney Island Hampton Roads U.S. Naval Base NIT NIT Chesapeake Bay Hampton Roads Bridge Tunnel Portsmouth Norfolk PMT Suffolk Bower s Hill I-564 Connector Norfolk Harbor B-T CIRRC
12 Congressional Action $27.4 Million in President Obama s 2012 proposed budget Virginia s Congressional Delegation has been vital in securing project funding Will fund cross dike construction
13 Craney Island Eastward Expansion and Marine Terminal Extends the life of Craney Island as a dredged material management area Provides land for construction of a new marine terminal
14 CIMT Cost-Share VPA is Funding 85% of Total Project Cost Dike Construction: 50/50 VPA & USACE Fill / Ground Improvement: VPA Terminal Construction: VPA Road & Rail Connector: VPA
15 Project Schedule Project Phase Time Frame Eastward Expansion Engineering & Design Dike Construction Marine Terminal Construction Filling Phase I Phases II & III Phase IV
16 Construction Sequence
17 Construction Update CIDMMA Division Cross Dike South Cross Dike Construction Started in December 2010
18 Construction Update Initial Sand Lifts Being Placed by Spill Barge
19 Congressional Action Needed WRDA land conveyance NO COST Transfer ownership of land from Corps of Engineers to VPA Necessary for Eastward Expansion Construction CIDMMA Federal Property Limits Portsmouth Area to be Conveyed acres Area to be Conveyed acres Navy Fuel Depot
20 Get Ready & Coordinate Long-Term Today what is developed, zoned or marketed is scattered and conflicts will occur Buffer Zones Avoid Conflicts Prioritized Infrastructure Investment Zoned Industrial No Residential Encroachment
21 2,748 Acre Concept 1,046 in Progress Shirley T. Holland NS ICTF Proposed 460 Mitigated Wetlands
22 Hampton Roads District Council of The Urban Land Institute Craney Island Marine Terminal Update Mr. Jeff Keever Senior Deputy Executive Director Virginia Port Authority June 22, 2011
Mr. Jeff Keever Deputy Executive Director Virginia Port Authority May 2, 2012
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