New port News in town(letter from council) we have a party that has signed a deal with the district to develop a new port.This new port purposed by the third party and agreed to by the district is a 50 million dollar deep sea port to be built at the current arrow dock.Get your mits into real estate now folks the valley is a mile long and a mile wide there is a current shortage of housing and this port will only add to the problem.You heard it here first.