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BeagleAccountant

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About BeagleAccountant

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    Norfolk, VA

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  1. No shovels in the dirt yet. Guessing materials delays aren't helping matters.
  2. I'd love to see that patch developed or turned into a park. But that lot is owned by the federal government and I doubt anything happens with it as long as the courthouse is there.
  3. This should come as no surprise to anyone who has been paying to attention to ODU over the past four years or so. ODU has been very vocal and has pushed for a more regional league. They were proponents of a CUSA/Sun Belt re-organization multiple times and got support from USM, MTSU, WKU and Marshall and the Sun Belt. They couldn't get the votes as they were fought by LaTech and the Texas schools, who all had it pretty good in the current CUSA set-up. ODU would want no part in a Texas-based AAC. It hasn't helped us now and the revenue increases wont be enough to balance all the negative th
  4. The exit fees in the CUSA contract are two years worth of ncaa distributions which would be just under $6mil. However, I saw they're estimating that the current crop of schools leaving will only have to pay $3mil each in exit fees. I'd imagine if ODU wanted to leave, they could get them waived completely now that so many teams are leaving.
  5. This timeline is all related to the FTA grant funding that would be required in order to fund the project. It's a long inefficient process.
  6. No. Where did you get that idea? They are not going through the tribal casino process, meaning the land will not become sovereign land. So while the Pamunkey Tribe will be the operators of the casino, they will still owe all the associated taxes of operating a casino; hotel occupancy tax, food/alcohol tax, property tax, gaming taxes etc.
  7. Here are the slides that were presented during the meeting. I like that this will connect The Next apartments more cohesively to campus while also extending Monarch Village. Should be a good addition to ODU.
  8. The city is currently conducting a survey on the resilience park that will border the St Paul’s development along Tidewater Drive. https://opentownhall.us5.list-manage.com/track/click?u=afcceb1b9e6a294a87a9831ec&id=0d883815d3&e=e1ac87f5b8
  9. Norfolk’s department of development just released this survey regarding the project and the three different proposals. Here’s our first chance to let them know what we think; https://www.surveymonkey.com/r/K67QMNN
  10. The ODU Real Estate Foundation is much like ODAF (the athletic foundation) where they have their own director and their own board, but they fall under the umbrella of ODU. They have their own budget and endowment. They also have autonomy to manage their day-to-day operations but ultimately they will need to answer and get the approval of ODU's BOV and the President. I will add that they have had wanted to add a grocery store to Monarch Village for a long time, so I'm guessing they won't announce anything until the leases are signed and shovels are ready to be dug.
  11. On the August 26th agenda for the planning commission is a new distillery in Park Place at 2618 Colley Ave. It’s good to see some more development along this stretch of Colley. But naming it Fort Norfolk Spirit Company is a bit odd when it’s that many blocks away from Fort Norfolk. You can see the full agenda here: http://norfolkcityva.iqm2.com/Citizens/FileOpen.aspx?Type=1&ID=1724&Inline=True
  12. ODU is conducting a stadium feasibility study for the Bud (baseball stadium). https://www.pilotonline.com/sports/vp-sp-odu-baseball-stadium-20210609-tvimk7udvnb5tmm47z3vgthjg4-story.html I've been told that there are two options being considered and all of it will depend on whether or not ODU supports ODAF in getting state funding. If they do, the new stadium should be built in the next 3 years (1 year for the study, 1 year for design and then 1 year of construction). They would probably play in Harbor Park while it's being constructed. If ODU does not support ODAF in getting st
  13. Norfolk Development issued a press release about their hotel occupancy rate outpacing the national average and is using it as a selling point to developers. “By the end of the first week of June, 2021, the Hotel Occupancy Rate was 71.1% for Norfolk/Portsmouth, Virginia. That’s 2.5 percentage points higher than Hampton Roads and almost 11.8 percentage points higher than the Commonwealth, and 9.2 percentage points higher than the Country. ” https://norfolkdevelopment.com/norfolk-hotel-market-outpaces-the-nation/?fbclid=IwAR36fGY063yc4P0hT1Oo6BfQhdsJUtO5EngElt4f6rQNJEdAmtIwlM9tf1Y
  14. Codex has posted some photos on their construction progress in this space. It doesn’t look like much is changing from the space we all remember as Field Guide; https://www.instagram.com/p/CP3FBc1hlAK/?utm_medium=copy_link
  15. Pharrell’s non-profit is opening a private school in Ghent for low income families. The article does not say where in Ghent this will be located. https://www.pilotonline.com/news/education/vp-nw-pharrell-williams-yellowhab-school-20210607-hhyzrj6cmjg7pae4s77tqdl3ye-story.html
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