This is the fifth update in accordance with the 2022-2024 Biennial Budget (HB 6001 from the 2023 Special Session I), Item 113 T.4.

This document provides an update to ongoing work associated with the potential for a new inland port facility in the Mount Rogers Planning District and related next steps, for which the Commonwealth allocated additional funds in the 2022-2024 budget to pursue further development.

Readers of this update are encouraged to familiarize themselves with the project’s intent by reviewing the initial Inland Port Study (“Inland Port Study: Feasibility Analysis of Locating an Inland Port in the Commonwealth") which was jointly released with the Virginia Economic Development Partnership [VEDP] and previous updates, the most recent of which was released in September 2024.

This fifth update:

• Focuses on work accomplished over the most recent past three months, through December 1, 2024.

• Provides information regarding concept development and related efforts.

• Outlines next steps for potential development.