Virginia Beach Town Center

Coordinates: 36°50′34″N 76°7′59.8″W / 36.84278°N 76.133278°W / 36.84278; -76.133278
Source: Wikipedia, the free encyclopedia.
Virginia Beach Town Center
Leasable area
4,300,000 sq ft (400,000 m2).
Parking3600+

Virginia Beach Town Center is a group of offices, hotels, stores, and restaurants located in the central business district of Virginia Beach, Virginia.

Location

The Virginia Beach Town Center is located in the Central Business District of Virginia Beach across the street from Pembroke Mall. Although the city had planned a "downtown" project for decades, clearance of land, and building construction did not begin until around 2000. The first building, the Armada Hoffler Tower, opened in 2003. Town Center is located 9 miles from the Virginia Beach Oceanfront and 10 miles from downtown Norfolk, Virginia.

Services

The Virginia Beach Town Center has commercial space, living space, hotels, dining, shopping and entertainment. Major commercial tenants in Town Center include Armada Hoffler, HBA Architects, Troutman Sanders, Clark Nexsen, Divaris Real Estate. Restaurants include Keagan's Irish Pub,

.

Development

Phase I

Included the Armada Hoffler Tower, a Hilton Garden Inn, a Towne Bank office, parking garages, and surrounding office and retail. Phase I added 968,000 sq ft (89,900 m2), and consisted of a $75 million private investment and a $25 million public investment.

Phase II

Included the Cosmopolitan Apartments, a public plaza, parking garages, the Apex Entertainment Building, (originally a Galyan's and then a Dick's Sporting Goods), and surrounding office and retail. Phase II added 1,248,300 sq ft (115,970 m2) with a $90 million private investment and a $26 million public investment.

Phase III

Included the Westin Virginia Beach Town Center hotel and residences, Studio 56 Lofts, The Sandler Center for the Performing Arts, a 5-story office building, office, retail, and more parking. Phase II added 996,979 sq ft (92,622.4 m2) with a $173 million private investment and a $28.8 million public investment.

Phase IV (On Hold)

Was scheduled to begin in the fourth quarter of 2008 but was moved to 2009. In the summer the Virginia Beach branch office of the

Virginian Pilot, the Beacon Building, was cleared to make way for the Gateway Bank Tower
; the paper's Virginia Beach operations moved nearby to the Westin Hotel building. Groundbreaking for the tower was to take place in 2010, then moved to early to mid-2011 but for unknown reasons the phase has been put on hiatus as of 2011. Phase IV and additional phases, if any, are scheduled to include an additional 1,630,000 sq ft (151,000 m2) space.[4] Ground broke on phase V in early 2013 and construction began in spring 2013. The developer has noted that Phase IV is still on hold and will begin after construction of phase V.

Phase V

Included 4525 Main Street Tower, Encore Apartments, and 23,000 SF of retail. Phase V added 236,000 sq ft with an $84 million private investment and a $21 million public investment.

Phase VI

Included Premier Apartments, Premier retail, and the Zeiders American Dream Theater. Phase VI added 55,000 sq ft with a $38 million private investment and a $4 million public investment.[5]

References

  1. ^ "Visit our Town Center of Virginia Beach Location". the Cheesecake Factory. Retrieved October 25, 2022.
  2. ^ "Cold Stone Creamery – Virginia Beach". Cold Stone Creamery. Retrieved October 25, 2022.
  3. PF Chang's
    . Retrieved October 25, 2022.
  4. ^ [1] Virginia Beach Media & Communications | Town Center Project. Retrieved June 15, 2008. Archived December 4, 2008, at the Wayback Machine
  5. ^ "Town Center :: Virginia Beach Department of Economic Development". www.yesvirginiabeach.com. Retrieved 2020-02-17.

External links