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vdogg

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Everything posted by vdogg

  1. Such a shame that we gave them that extension just for them to drag their feet yet again. If we're not their priority, then they shouldn't be our priority either. No more extensions. Sell that land to another developer, preferably Pembroke, and move on.
  2. Does Zoom not exist anymore? No reason to cancel this.
  3. That's an odd location for mixed use. Nothing really around there. I'd rather have this near Chesapeake Square or Greenbrier.
  4. That one confuses me as well, but with construction starting by the middle of this year, we have to be very close to an announcement. Bare minimum, they need to start the planning process, and we may find out something when they submit their documents.
  5. vdogg

    Norfolk Off-Topic

    If one of us gets on the ARB it's over. Skyscrapers everywhere!
  6. Saw this picture on Facebook and had to share. Wow!
  7. Years ago the city was trying to get the height raised at several locations at the oceanfront. The sticking point was not the flight paths, it was the radar on base and the potential for taller buildings to block that radar from seeing incoming threats. There were talks about the city potentially paying to move the radar, but I guess those plans fell through.
  8. Ahh, another great tower value engineered out of existence. Par for the course for this area...
  9. vdogg

    Norfolk Off-Topic

    We have a construction thread for a reason. I will move related posts to their corresponding threads as I see fit. Any further questions I would suggest taking it up via PM.
  10. ODU has just achieved the highest research university ranking, putting it in the same tier as the research institutions in the triangle as well as Va. Tech. https://www.virginiabusiness.com/article/odu-earns-highest-research-classification-in-national-ranking/ "Old Dominion University has earned the highest research activity classification in the Carnegie Classification of Institutions of Higher Education, the university announced Tuesday. ODU is now one of 137 four-year research institutions with the Research 1 classification, which indicates “very high research activity.” To receive the R1 classification, doctoral universities must meet benchmarks in 10 indicators, including research doctorates awarded, total research expenditures, the aggregate level of research activity and the number of research staff. The classification, produced this year by the Center for Postsecondary Research at Indiana University, is published every three years. ODU is one of nine universities upgraded to the highest level this year, joining fellow Virginia R1 institutions George Mason University, the University of Virginia, Virginia Commonwealth University and Virginia Tech."
  11. After some extensive digging, an update: Completion of sale of property to Stokes Properties occurred on 6/9/2021 with the permit to begin site work being issued 8/17/2021. The gist of the preliminary site work is that Cox cable needs to run new 268' worth of cable plus corresponding conduit to the property, extensive boring will be necessary (plus several other punch list items that are too numerous to spell out here). This work has proceeded....sloooowly. Partial closures are upcoming, and will be occurring between the hours of 9am and 3pm. This is only referring to Cox Cable, and not any of the other utility work that needs to be done. Needless to say, it's going to be a bit before we see major work, but the project is indeed moving forward.
  12. While I'm happy for more retail, they need to stop punting on the Office Tower and the new apartments. They have two tenants and the city wanting to build a new high-rise office tower right now (this from the minutes of the meeting that the pilot got the information on these stores from). They need to stop dragging their feet and just go ahead and do it, it is now or never. They're delaying just because they want to make sure they can command higher rents, but they're going to find themselves in a position where the tenants just move on to another location. If these tenants need to expand, they're not just going to wait forever. Armada Hoffler is driving me crazy with this stuff... Actually, I take that back. I hope they do wait. That way Pembroke Mall can poach their tenants and get their office tower off the ground...
  13. vdogg

    Norfolk Off-Topic

    "Of the $250 million Hampton Roads Ventures had invested by the end of 2019, the last year federal records are complete, only $35.2 million was in Norfolk. Meanwhile, the housing authority’s subsidiary has funded projects in at least 15 states and the District of Columbia — grocery stores, health clinics, senior housing, a cotton mill, an aluminum plant and a hair gel company — everywhere, it seems, but Norfolk" ^^^I need to stop reading. This is burning me up and I shouldn't be mad on Christmas Day.
  14. vdogg

    Norfolk Off-Topic

    An article on a topic highly similar to the one we were just discussing (this one dealing with Hampton Roads Ventures). https://www.pilotonline.com/government/local/vp-nw-hrv-nrha-mercury-pt1-20211225-3plyj72w2vadpnas5wikvpwbhi-story.html Let's face it. If even the entities that we create don't want to invest here then we're screwed. It's ridiculous that they're investing more money outside the area than inside.
  15. vdogg

    Norfolk Off-Topic

    Apparently we have plenty of investment capital in the area. I would love for them to spend some of this money in their home town... https://www.pilotonline.com/business/vp-nw-cbs-building-harbor-group-1225-20211223-6fooxhipnbetblmfvouf37uada-story.html "A nearly 500-foot-tall Midtown Manhattan skyscraper now has Hampton Roads owners. Norfolk real estate investment firm Harbor Group International purchased 51 W. 52nd St., more commonly known as the CBS Building, or Black Rock, for $760 million. For decades, the broadcasting network and entertainment company had owned and occupied the dark gray building, which has 38 stories and about 800,000 square feet of space." ^^ With $18 billion in assets, they can afford to bank roll some of these projects that fail to get off the ground *cough* Gateway *cough*. Before today, I had no idea they were as big as they are.
  16. vdogg

    Norfolk Off-Topic

    Richmond seems to have no problem with it. Other cities our size are going through major office building booms right now. I agree that we have a problem filling space, but it's not due to lack of affordability. We simply haven't done enough to attract major tenants downtown. We got lucky with ADP.
  17. vdogg

    Norfolk Off-Topic

    That's it. Those parking decks are expensive and floor heights short compared to office tower floor heights. Unfortunately that means we'd need at least a 30-story office tower to get to the 400 ft range here. Don't see that happening for a long time (though Harvey Lindsey tried to bring a 28-story office tower to the Waterside land and Norfolk said "nah, we'd rather have a food court...").
  18. vdogg

    Norfolk Off-Topic

    There's definitely something to it, it's definitely a thing and it may indeed come down to developer preference. I'm thinking it's likely a cost thing, just not sure "why" it's a cost thing.
  19. So, decided to walk around Pembroke one last time and happened to come across a janitor talking to a family about the changes to the mall, so naturally I decided to be nosey and eavesdrop on the conversation. Unfortunately only caught the tail end but enough to hear "and that's those 3 buildings and this last one (which would make a 4th building) will be 25 floors over parking " Now, some caveats. I have no idea if his information is correct and accurate, but you'd be surprised how much custodians generally know about what's going on in a particular building. I also have no idea whether this is referring to the office tower, or if this is another residential building. Lastly, I don't know if the 25 floors includes the parking, or if that's a parking garage and then 25 floors on top of that. So, take all this with a grain of salt. Hopefully we get more info after the turn of the year. That said, 25 floors would be in line with the height of the tallest building in the massing diagram so...
  20. Most of our *towers* here in Norfolk are around the 300 ft range. Trust me when I tell you our forum would be ecstatic about getting a 425 ft tower downtown. While not as grand as originally thought to be (Whatever is anymore? Seems to be a growing trend among developers), this is still a very major development in every aspect and will make a significant impact on Richmond. It's also one more piece of the puzzle. More developable land off the table>>scarcity>>higher land value>>taller buildings.
  21. vdogg

    Norfolk Off-Topic

    I’ve noticed something really curious and I wonder if there’s an actual technical reason for this. When looking through the Richmond threads, it seems that all of their existing or planned office towers that are in a 20+ floor range wind up to be about 400 feet or even taller. Contrast that with Norfolk, when we build a 20+ story office tower, it is usually around 300 feet or maybe even shorter. Is there a reason for such a difference in designs were that’s happening?
  22. That would be a shame. That’s such an iconic Richmond tower. They need to find some way to preserve it.
  23. Wait, what? Wth are they gonna demo Monroe?
  24. Unfortunately, at the time we landed (early morning), It was not an option. It's possible they've changed the schedule now, as this was some years ago, but not an experience I look forward to repeating. Gatwick on the other hand was wonderful. Gatwick express was 30 minute straight shot into the heart of London. I'd love a Gatwick Norfolk connection, and with our ties to the royal navy and NATO, direct Norfolk/London flights actually make sense. I feel there's some untapped demand there.
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