vdogg

Virginia Beach Projects and Construction

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Virginia Beach Projects and Construction

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A. Ocean Beach Club

http://www.vboceanbeachclub.com/press-office/release.cfm

Phase I 19 story tower is complete. Phase II and III 20 and 21 story towers to start construction later this year.

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B. Marriott

15 story building that is now on Hold due to a possible change of zoning at the oceanfront.

marriottbig.gif Cancelled

C. Cityview project (construction to begin summer of 2007)

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D. 31Ocean (21 story hotel is complete, park construction is underway)

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E. City Walk

^^^The above statement is with regards to plans for the former HQ site which was purchased last year in the hopes of developing a project which compliments towncenter (thanks guynvb :thumbsup: ).

Edited by vdogg

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Virginia Beach Town Center

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A. Tower 2

"I emailed Mr. Divaris yesterday to get an update on the prospective tower which will be built on the Columbus Center parking lot and here is his response:

Yes we have started the plans for block 11, the south parking lot of

One Columbus Center. The current plans call for a 23 storey building,

but that could change based upon demand. As we have very little office

space available the timing is right to get started. We are talking to

several tenants about space so we could get going sooner than later. As

of now, we expect to break ground for that building some time in the

second/third quarter of 2006 and we expect it to open in early 2008."

(courtesy of guynvb)

update 12/24/05: The Town Center website has been updated with the following info-

"Construction is set to begin on the new 20-story second high-rise office tower at the Town Center of Virginia Beach with occupancy set for Summer 2008. The office component of 287,000 square feet over 12 floors will be above a 800 car parking garage. In addition, there will be 80,000 square feet of retail stores complementing the tenant mix at the Town Center."

B. Cosmopolitan Apartments- 14-story apartment building scheduled to open this fall.

This project is nearing completion and some tenants have already moved in.

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C. The Westin at Town Center

*Newest renderings as of 6/10/05

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Courtesy of guynvb

This 37/38-Story 508ft tall skyscraper is expected to begin construction later this summer or early fall. Constructed by Armada Hoffler it is slated to become the tallest building in Virginia. Construction should take 2 years with an opening scheduled for summer 2007. *update 12/24/05: This project is currently under construction. The pile driving phase is nearing completion*

Edited by vdogg

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Virginia Beach City Center "Town Center West"

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This project will consist of a 9 story office tower with first floor retail and condos on the upper floors. It will be on the former longhorn steakhouse site. This is not to be confused with the "Pembroke Retail Office Park" depicted on the development map at the top of the page.

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Edited by vdogg

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Cornerstone Development

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Cornerstone will have 234 two-story townhomes built atop each other in four-story buildings.

Also included will be 242 three-story townhouses and 370 apartments. The apartments will be connected to a four-story parking garage. The one- to three-bedroom townhouses will be priced in the mid-$100,000s up to $300,000. This project met with some initial opposition due at the time to the developers refusal to include affordable housing. A vote on this project was deferred by council on March 22, 2005 but later approved on April 5, 2005 by a 9-2 vote. The current status of this project is unknown. You can find the complete project details at this link Warning! .pdf file.

Edited by vdogg

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City Walk

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Property Description:

a mixed-use Main Street development comprising retail on two levels with high-rise residential parking garage and a hotel in a street format.

378,100 SF of retail and restaurant space, 25 townhomes, 436 condominium units, 192-room hotel

No rate is quoted -- each transaction is quoted on its merits and circumstances in terms of size, tenant credit, TIA, term, etc.

Location Description:

Bounded by Virginia Beach Boulevard, Kellam Road, Columbus Street and Independence Boulevard in Virginia Beach s Central Busines District at Pembroke. Eleven miles from Downtown Norfolk and 11 miles from the oceanfront. Adjacent to The Town Center of Virginia Beach and Pembroke Mall.

Located in Virginia Beach s central business district at Pembroke, a few steps from The Town Center of Virginia Beach. Area retailers include: P.F. Chang s, The Cheesecake Factory, Ruth s Chris Steak House, Dick s Sporting Goods, Ann Taylor Loft, California Pizza Kitchen, Red Star Tavern, Stanley Adams Stationery, Bravo! Cucina Italiana, Funny Bone Comedy Club, Sonoma Wine Store, The Mens Wearhouse, Barnes & Noble, Columbus Movies, Bed Bath & Beyond and Planet Music.

Additional Renderings:

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Gateway Bank Tower

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Status:Proposed

Type: Office

Location: Corner of VB Blvd and Market street

Floors: 21

Height: unknown

Units: N/A

Residential space: No

Retail space: Yes

Developer:Armada Hoffler

Architect: CMSS Architects

Website: N/A

Additional Renderings:Towertworeal.jpg

Project Description: 22-story 350,000 sq ft office tower. Project will have a parking garage and 50, 000 sq ft of retail. Project sits on the land currently occupied by the Beacon. Construction begins in 2008.

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