Virginia beach

May 19, 2016 Comments Off on Virginia Beach, Armada Hoffler Team on $32M Development Views: 293 California News, National News, Southeast, Virginia

Virginia Beach, Armada Hoffler Team on $32M Development

Armada Hoffler Properties, in a public-private partnership with the City of Virginia Beach, has announced a $32 million, mixed-use project as the next phase in the Town Center of Virginia Beach. The development will include 33,000 square feet of street-level retail space, 5,000 square feet of restaurant space, and approximately 120 high-end apartment units.

Additionally, Zeiders American Dream Theater will invest approximately $8 million to help build a 17,000-square-foot performing arts center. The city of Virginia Beach plans to invest approximately $3 million for public infrastructure, which will include an open-air public plaza.
Town Center is a 25-acre, 17-block mixed-use development that Armada Hoffler began in 2000, in partnership with the city. Construction on the next phase will begin in the second half of this year.

Read More at Business Wire

Connect with Armada Hoffler

Share on FacebookTweet about this on TwitterShare on LinkedInEmail this to someone

Tags: , , ,

Comments are closed.