Shore Drive Dental Office EDIP Grant
At a glance
- What: A request for an EDIP Part A award of 159,600 dollars for a family dentistry practice (name uncertain in the captions, rendered as Mavrattis Dental) that bought a vacant former fast-food building on Shore Drive to build a new two-story dental office.
- Where it stands: The Development Authority approved the resolution by voice vote on October 13, 2026.
- Next: Not stated in the meeting.
The proposal
- A practice that has operated in Virginia Beach for about 42 years, led by a dentist with his two sons; it currently has an office on Sun State Court, and the purchased building was vacant a little over two years.
- New two-story office of roughly 4,400 square feet, with the dental office on the first floor, staff space on the second, and an additional 2,000 square feet to lease to a health care professional.
- Total investment of nearly 6 million dollars, of which about 3.69 million qualifies; six new jobs added to 11 existing for 17, at an average annual salary of about 102,333 dollars, with four jobs incentivized at tier 2. Target industry: professional services.
- Award: 147,600 dollars for capital investment plus 12,000 dollars for job creation.
Sources
- 2026-10-13 - Development Authority (auto-captioned recording of the October 13, 2026 Development Authority meeting)
Discussion time
About 4 minutes across 1 meeting (from transcript timestamps; approximate).
| Meeting | Minutes |
|---|---|
| 2026-10-13 - Development Authority | 4 |
Log
- 2026-10-13 - Development Authority — Staff presented the request; approved by voice vote.