Bluefield Daily Telegraph, Bluefield, WV

Breaking News

Virginia State News

April 30, 2014

Va. program helps finance tourism project

NEWPORT NEWS, Va. —  A Newport News tourism project financed through a state program is expected to create 525 jobs.

Gov. Terry McAuliffe says that City Center at Oyster Point Entertainment District has been certified for financing through Virginia’s Tourism Development Financing Program.

The state program provides financing of up to 20 percent for larger-scale tourism projects.

The area will include a movie theater and multiple restaurants, some of which already are open.

The project reflects a total capital investment of more than $26 million dollars and is projected to have a tax benefit of more than $2 million in its first full year of operation.

1
Text Only
Virginia State News
West Virginia State News
AP Video
Plane Crashes in Taiwan, Dozens Feared Dead Republicans Hold a Hearing on IRS Lost Emails Raw: Mourners Gather As MH17 Bodies Transported Robot Parking Valet Creates Stress-free Travel Raw: MH17 Bodies Arrive in Netherlands Raw: Fight Breaks Out in Ukraine Parliament Disabled Veterans Memorial Nearing Completion Last Mass Lynching in U.S. Remains Unsolved Home-sharing Programs Help Seniors Ex-NYC Mayor: US Should Allow Flights to Israel Clinton: "AIDS-Free Generation Within Our Reach" Judge Ponders Overturning Colo. Gay Marriage Ban Airlines Halt Travel to Israel Amid Violence VA Nominee McDonald Goes Before Congress US Official: Most Migrant Children to Be Removed Police Probing Brooklyn Bridge Flag Switch CDC Head Concerned About a Post-antibiotic Era Courts Conflicted Over Healthcare Law Raw: Truck, Train Crash Leads to Fireball
Sister Newspapers' News