Jump to content

River Tower (Under Construction)


Recommended Posts


  • Replies 417
  • Created
  • Last Reply

Top Posters In This Topic

Top Posters In This Topic

Popular Posts

As seen from the Gather offices at the BB&T building. 

Went to the battleship Wisconsin with the fam today.  Got some pics of River Tower, and CHKD.  The far shot from the stern of the ship is a bit underwhelming but the close up gives a better look at it

Posted Images

I'm excited for you guys this is a seriously cool project! I've only lived in Richmond (and VA) for three years, but I am becoming quite fond of Norfolk from my limited travels there--I love DT and Ghent. This coupled with your convention center/Hilton tower and other waterfront projects I keep seeing are really cool. I really get Baltimore Inner Harbor vibes from DT Norfolk, but with continued focus on the area it could really become better in my eyes (with less of the sketchy third world crap you see in Baltimore with all of the scammers). I can't wait to visit again this spring and summer and see all the progress. Don't forget to visit Richmond too, we've got great momentum up this way as well! Cheers to Virginia's urban crescent getting stronger! 

  • Like 4
Link to post
Share on other sites

I was in B-More last year Mother's Day weekend. Sketchy rep aside, it was cool seeing how vibrant and busy downtown was (it probably helped that there was an O's game that day). But, if Norfolk can move in that direction and become half as busy as B-More, I'd say they've succeeded. We're finally starting to feel like a city.

Gotta get up to Richmond soon. Hearing great things are happening up there too!

Link to post
Share on other sites

This article has a different timescale. Really hoping the pilot one is correct. Their pace of sales seems to be quicker than this most recent article indicatesays. Perhaps it's a typo and they mean 2017?

 

http://www.virginiabusiness.com/news/article/harbors-edge-norfolk-retirement-community-to-add-another-tower

Link to post
Share on other sites

I think Virginia Business is mistaken. With 112 out of 138 under contract we're already at 81% leased, well past their 70% target. I wouldn't be surprised to see construction start this summer instead of fall. The only thing that could hold them back is if they decide to add floors, which I wouldn't mind at all.

Link to post
Share on other sites
18 minutes ago, vdogg said:

I think Virginia Business is mistaken. With 112 out of 138 under contract we're already at 81% leased, well past their 70% target. I wouldn't be surprised to see construction start this summer instead of fall. The only thing that could hold them back is if they decide to add floors, which I wouldn't mind at all.

It does say the article has been updated. Perhaps it's  an existing article which was updated, but not thoroughly enough to reflect the time line consitent with what has already been published elsewhere (VP).

Link to post
Share on other sites

On 2/17/2017 at 8:56 AM, vdogg said:

I think Virginia Business is mistaken. With 112 out of 138 under contract we're already at 81% leased, well past their 70% target. I wouldn't be surprised to see construction start this summer instead of fall. The only thing that could hold them back is if they decide to add floors, which I wouldn't mind at all.

Let us pray..

 

I'm actually surprised a bigger push hasn't bee made to make ft.norfolk/Atlantic city top priority. It really has some gem of views and great chunk of land.

Link to post
Share on other sites
48 minutes ago, carolinaboy said:

I hope it gets built. I also hope it doesn't get value engineered.

I wouldn't put too much stock in the Virginia Business article. As has been stated it was an edited re-print of a previously released article and was likely not reflective of updated construction time line released in the VP just two days prior. 

As to "value engineering", I wouldn't worry about it. This project is over 80% sold at some very high prices. Re-engineering after selling would likely open them up to numerous lawsuits.

Link to post
Share on other sites

Any idea of who makes up the architectural review committee? Did the makeup change when Mayor Fraim and others stepped down/weren't re-elected? I'll be really aggravated if the design changes to another generic brick building.

Link to post
Share on other sites
17 hours ago, likeminded said:

Not familiar with the term "value engineered."  What does that mean?

 

Value engineering is when they create plans and renderings showing certain materials and aesthetics (for hype) but due to cost actually scale back to different materials or design details thus not necessarily ending up with what was shown. Example, they show a glass facade but then do away with it because some other material is cheaper.

 

EDIT: I am in no way implying this will happen.

Edited by carolinaboy
clarity
Link to post
Share on other sites

  • 2 months later...
3 hours ago, Ghentite said:

Hearing the groundbreaking will be in the fall.  Demand is high, they've sold out of units, and there is actually a lengthy waitlist to secure one.  Pretty confident this project will be green-lit and shouldn't have any issues.

So if demand is as such, what are the chances this could grow if not vertical, horizontally as an "area".

I think this area is key to LRT, especially now since vb killed the extension. Could be worth the final ride to evmc area if they do it right.

Link to post
Share on other sites
38 minutes ago, brikkman said:

So if demand is as such, what are the chances this could grow if not vertical, horizontally as an "area".

I think this area is key to LRT, especially now since vb killed the extension. Could be worth the final ride to evmc area if they do it right.

Not really sure.  The demand is from retirees and assisted living patients so that's a specific demographic. Part of the demand isn't all on location either.  It's the amenities and treatment and lack of retirement communities in nfk that is drawing people there.

 

Edited by Ghentite
Link to post
Share on other sites
18 hours ago, Ghentite said:

Hearing the groundbreaking will be in the fall.  Demand is high, they've sold out of units, and there is actually a lengthy waitlist to secure one.  Pretty confident this project will be green-lit and shouldn't have any issues.

I wonder if they are considering adding some more units now with the high demand

Link to post
Share on other sites
7 hours ago, Norva757 said:

I wonder if they are considering adding some more units now with the high demand

I'm hopeful but probably not. Harbor's Edge had a long waiting list too but they still proceeded at 17 floors. Part of it has to do with what portion of the design process they're in, if they've already secured materials at a certain price, etc. Just adding floors sounds easy but it's a bit more involved than that. All the increases for the Westin came within the first few months of the project being announced. I imagine the closer we get to groundbreaking, an increase is less likely, though not impossible.

  • Like 1
Link to post
Share on other sites

Website promotion indicates the new building is purposefully differentiated from the first one to reflect the contemporary and sleek style of living that today's seniors prefer and demand. It has been almost 20 years since the first phase was initially conceived, so there has been a true generational shift. 

Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

  • Recently Browsing   0 members

    No registered users viewing this page.

×
×
  • Create New...

Important Information

By using this site you agree to our Terms of Use and Privacy Policy. We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.