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

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
  • Kim P. Brown
  • Jaeson Dandalides
  • Richard H. Ottinger
  • Henri Patten
  • George Polizos
  • Simon H. Scott
  • Antonio L. Sisco
  • Carter Smith
  • Morgan Whayland – Vice Chairman

EDA Appointed Staff

  • Sean Washington, Executive Director
  • Michael Paris, Secretary / Treasurer
  • Dawn Ryan, Assistant Secretary / Treasurer

EDA Restated By-Laws 2015

 2015 By-Laws

Annual Audits by Fiscal Year

FY 2022 Audit

Rosna Theater Boxing Center RFQ

RFP for Boxing Center

Rosna Theater Boxing Center Finance Committee Meeting

Day & Time: Monday, January 30th – 11:30am-12:30pm

Location: 999 Waterside Drive, Suite 2430, Norfolk VA 23510

Meetings in 2023

*First Wednesday of Every Month*

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 4th, 2023
  • February 27, 2023
    • Rosna Theater Boxing Center Finance Committee Meeting
    • 10:00am-11:00am
    • 999 Waterside Drive, Suite 2430
  • February 1st, 2023
  • March 1st, 2023
  • April 5th, 2023
  • May 3rd, 2023
  • June 7th, 2023
  • July 12th, 2023 -Town Point Club- World Trade Center- 101 W. Main Street, Suite 300, Norfolk, VA 23510
  • August 2nd, 2023
  • August 28th, 2023
    • Nominating Committee Meeting
    • 10:00 AM, open to the public
    • 999 Waterside Drive, Ste 2430, Norfolk, VA 23510
  • September 6th, 2023
  • October 4th, 2023
  • November 1st, 2023
  • December 6th, 2023