Watch: Newport News Mayor delivers annual State of the City Address

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NEWPORT NEWS, Va. - Newport News Mayor Dr. McKinley Price delivered the annual State of the City address Tuesday afternoon.

The event at the Newport News Marriott at City Center was a partnership between the Virginia Peninsula Chamber of Commerce with the City of Newport News.

The theme of the address this year was "Building Our Future One Block At A Time" and the mayor highlighted the city's accomplishments and progress, as well as discussing challenges and share a vision for the future.

"We already have major accomplishments, we need a firm foundation for the city to build upon. We need people to realize that we already have a lot of things in place to take us to the next level. So we are going to amplify our foundation. We are going to shore up our foundation," Mayor Price told News 3 anchor Todd Corillo Tuesday.

The mayor highlighted recent economic development and investments made by companies such as Ferguson Enterprises and Newport News Shipbuilding that are expected to pump millions of dollars into the economy and create new jobs.