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FACILITIESAPPROVED

Newport News City Council Agenda 2026-06-09

Economic Development Authority Retail Sublease Extended to 2032

City of Newport NewsECONOMIC DEVELOPMENT AUTHORITY OF THE CITY OF NEWPORT NEWS VIRGINIAJune 9, 2026

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Description

The Newport News City Council approved Addendum No. 1 to the sublease with its Economic Development Authority, extending the retail sublease at Fountain Plaza Two through July 2032. The extension keeps EDA-managed retail operations in City Center for five more years.

Contract Details

Vendor

ECONOMIC DEVELOPMENT AUTHORITY OF THE CITY OF NEWPORT NEWS VIRGINIA

Agency

City of Newport News, VA

Contract Type

FACILITIES

Document Date

June 9, 2026

Contract Term

July 1, 2027 – July 31, 2032

Renewal Date

2032-07-31

Renewal Info

Sublease term extended to match City's primary lease renewal; all other terms remain unchanged. This is Addendum No. 1.

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