OUR MISSION:
The mission of the Economic Development Authority (EDA) is to create jobs, maximize the utilization of Norfolk’s real estate, foster business capital investment, increase revenue by growing the tax base, focus on efforts to build on the strengths and the needs of neighborhoods, and support minority and small businesses.
Sean Washington
Executive Director of Norfolk EDA
757-664-4338
The EDA is a political subdivision of the Commonwealth of Virginia created by the City to acquire, own, lease and dispose of properties to promote industry and induce businesses to locate and remain in Norfolk. The EDA is authorized to issue revenue bonds to finance facilities for non-profits, manufacturers, and businesses in an Enterprise or Empowerment Zone. Neither the EDA nor the City have any liability under the bonds. Liability is assumed by the enterprises for which the facilities are constructed.
Revenue Bonds Issued
Bonds are limited to manufacturing businesses, or businesses in Enterprise / Empowerment Zones, or 501(c)(3) non-profit organizations. Bond qualifications are determined by the Internal Revenue Code.
Board of Directors
- Jeffrey Brooke – Chairman
- Morgan Whayland- Vice Chairman
- Kim P. Brown
- Jaeson Dandalides
- John Garrett
- Richard H. Ottinger
- Henri Patten
- Kimberly Phillips
- George Polizos
- Simon Scott
- Carter Smith
EDA Appointed Staff
- Sean Washington, Executive Director
- Robert Sharak, Assistant Executive Director
- Michael Paris, Secretary / Treasurer
- Dawn Ryan, Assistant Secretary / Treasurer
EDA Restated By-Laws 2015
Annual Audits by Fiscal Year
Military Circle Mall RFP
Notice of Public Hearing
PRIVATE ACTIVITY BOND FINANCING FOR OLD DOMINION UNIVERSITY REAL ESTATE FOUNDATION
Meetings in 2025
Monthly EDA meetings are typically held the first Wednesday of every month. The EDA Budget committee meeting will only be held at 11:15 am, followed by the Monthly EDA Meeting at 12:00 pm when financial business matters are bought to the committee for review and discussion and an agenda will be provided on the list below.
Unless otherwise noted every meeting will take place at our office building, 999 Waterside Drive, Suite #400, Norfolk, VA 23510 at 12:00 pm.
Meetings in 2024
Monthly EDA meetings are typically held the first Wednesday of every month. The EDA Budget committee meeting will only be held at 11:15 am, followed by the Monthly EDA Meeting at 12:00 pm when financial business matters are bought to the committee for review and discussion and an agenda will be provided on the list below.
Unless otherwise noted every meeting will take place at our office building, 999 Waterside Drive, Suite#400, Norfolk, VA 23510 at 12:00 pm.
- January 10th, 2024 – Suite #415
- February 7th, 2024
- March 6th, 2024
- April 10th, 2024 – Suite #415
- May 1st, 2024
- June 5th, 2024 – CANCELLED
- July 10th, 2024 – Suite #415
- August 7th, 2024
- September 4th, 2024
- October 2nd, 2024
- November 6th, 2024
- December 4th, 2024