The amendment clears the way for the 600-acre eastward expansion of Craney Island, currently owned and operated by the US Army Corps of Engineers, to be transferred to the VPA when it decides the time is right for the construction of a fourth state-of-the-art terminal on the site.
The VPA, in partnership with the Corp,s is currently in a multi-year project to develop that 600-acre area.
“By [transferring] authority over certain parts of Craney Island to the Virginia Port Authority, [the] amendment removes some of the red tape that has hindered a project vital to Virginia’s economic development, “said Senator Mark Warner one of the sponsors of the Craney amendment.
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