The Newport News Economic/Industrial Development Authority (NNEDA) is a full-service authority that can act quickly to allow a company to occupy its facility in the shortest time possible; the powers of NNEDA have been granted by the Virginia General Assembly.

• The Authority acts as the development arm for the City and is willing to act aggressively to attract new industry to Newport News.

• The NNEDA manages more than 2,100 acres in six industrial and business parks and more than 1.6 million square feet of office and industrial space, plus eight parking garages.

• The Authority can issue tax-exempt and taxable Industrial Revenue bonds. To assist companies locating or expanding in Newport News, the NNEDA has built and renovated facilities for sale, capital lease and long-term operating lease to companies.

BOARD MEMBERS

Arthur P. Henderson, Jr., Chair (2012) Member of the Board since 2006. Mr. Henderson is a retired business executive, former CFO with Noland Company, a leading wholesale distributor of plumbing, mechanical and electrical supplies. Mr. Henderson is also a Certified Public Accountant.

Thomas P. Herbert, P.E., Vice-Chair (2012) Member of the Board since 2009. Mr. Herbert is the Director of Business Development for MMM Design Group, a firm providing architectural and engineering consulting services for a variety of private, municipal, institutional and federal clients across Virginia and around the world.

Alonzo R. Bell, Jr., CCIM, Member of the Board since 2007. Mr. Bell is the founder and principal broker of Randolph Real Estate Services Company, LLC, and has over twenty years of experience in commercial real estate brokerage.

Evan L. Curbeam, Member of the Board since 2011. Mr. Curbeam is Commercial Banking Manager and Executive Vice President of Virginia Company Bank, a full-service, community-focused bank founded in 2005 by business and community leaders in Newport News.

Wendy C. Drucker, Member of the Board since 2008. Ms. Drucker is Managing Director of Drucker & Falk, LLC, which specializes in multifamily, commercial and senior real estate. Headquartered in Newport News, Drucker & Falk operates in the Mid-Atlantic and Southeast regions of the United States.

Cary B. Epes, Member of the Board since 2010. Mr. Epes is a retired banking executive, formerly of Old Point National Bank, which has offices throughout Hampton Roads.

C. Gary Minter, Member of the Board since 2010. Mr. Minter is President of POMOCO Lincoln Mercury and Vice President of POMOCO Auto Group, which has locations on the Peninsula and in Smithfield.

 

 

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