RD195 - Virginia Inland Port Study Q1 2025 General Assembly Update – March 1, 2025
Executive Summary: This is the sixth update in accordance with the 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 FY2025-FY2026 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 December 2024. This sixth update: • Focuses on work accomplished over the most recent past three months, through March 1, 2025. • Provides information regarding concept development and related efforts. • Outlines efforts planned for the remainder of calendar year 2025. |