With its deep and wide shipping channels, easy access to the open Atlantic and millions in new offshore wind port upgrades, Portsmouth, Virginia is fast-becoming the epicenter of the emerging New Blue Economy on the East Coast. And a strategic Mid Atlantic home for port-centric commerce and trade.
Portsmouth is a vibrant and strategic hub for all kinds of port-centric businesses. Locating here puts you within a 2-day drive of three-quarters of the U.S. population, opening the door to key markets, new supply-chain solutions, and big opportunities. Fast.
Just 27 miles offshore, Dominion Energy is building the world’s 2nd largest wind farm. And Portsmouth can plug your business into the heart of it. Built by the Commonwealth and Port of Virginia, the $220 million state-of-the-art windport at Portsmouth Marine Terminal is bringing new energy to the city. And new business clusters here to support it.
Under a $223 million dollar investment by the Commonwealth and Port of Virginia, Portsmouth Marine Terminal is transforming into a modern East Coast hub for Dominion Energy’s Coastal Virginia Offshore Wind Project. Completion is set for early 2025.
• $220 Million investment
• 270-acre terminal
• 43-foot water depth
• Unlimited air draft
• Unlimited opportunities
With its semi-automated container terminal, direct access to rail and interstates and ability to accommodate three ultra-large container vessels simultaneously, the Virginia International Gateway is your gateway to success in Portsmouth. The Virginia International Gateway was re-engineered in 2019 after a 3-year, $312 million investment, doubling its container and rail capacity.
• 2.2M TEU capacity
• 291 operating acres
• 55-foot water depth by 2025
• 12 Super Post Panamax ship-to-shore cranes
• 56 semi-automated stacking cranes
• 19,644 LF of on-dock rail track served by CSX & NS
There are cost-effective opportunities, incentives and support all over Portsmouth, VA for your port-centric businesses. Whether you’re planning a relocation or expansion – or just thinking about it – we’d love to talk. If you can dream it, you can make it come true in Portsmouth.