HRVA
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Posts posted by HRVA
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Interesting potential development going through the approval process in Chesapeake that includes a 26-story, 660-foot tower. This will be for an industrial facility that appears to be for manufacturing underwater cables, potentially related to the offshore wind farm. The linked article about a facility in South Korea is similar to what is being proposed: https://m.koreaherald.com/amp/view.php?ud=20230502000629
Would this count as the tallest building in Virginia?
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55 minutes ago, baobabs727 said:
There are no divisions, per se, as you termed them. Dollar Tree acquired their competitor. The folks who were let go were Dollar Tree employees, and there is no indication that they used to work for Family Dollar. Furthermore, these layoffs were all from the HQ at Summit Pointe, not from Family Dollar stores.
The nearly $9bn acquisition of Family Dollar has not gone as well as they had anticipated, that much is true.
Eh…the layoffs probably weren’t working directly for the Family Dollar ‘segment’ (as Dollar Tree references their two ‘divisions’) but it’s clear FD’s performance is why they are happening. 97% of the planned closures are Family Dollar locations.
Either way, this isn’t as big of a deal as it appears. Short-term blip - 1,000 store closures over the next several years sounds like a lot, but they’ve netted 434 additional locations in the past 4 quarters. They will continue to open more stores than they close and their corporate headcount will more than recover. They’ve also increased their footprint at Summit Pointe, taking the last floor at 555 Belaire, further indication they are projecting growth.
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19 minutes ago, mintscraft56 said:
Yea I know but dollar tree owns that warehouse and they plan to remove it for summit pointe anyways. It was mentioned somewhere in here. Though I dont think the city council would turn down a dollar tree funded project. Hopefully it goes through. Chesapeake has a better record of building what they promise.
Maybe…eventually but we’re a little over 5 years into what was described as a 35 year build out when it was approved. For now, Dollar Tree is still investing in that distribution center…it’s not going anywhere anytime soon. And the Greenbrier Area Plan is moot when it comes to Summit Pointe anyways. They already have their PUD approved so it likely won’t factor into any land use decisions.
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3 hours ago, mintscraft56 said:
I dont know what the fuss is about cane's. I understand it’s a drive thru restaurant but it seems everyone is ok with these other restaurants while targeting cane's. Though im not trying to defend the honor and glory of Cane's chicken here lol, if it were up to me, Id just choose to build nothing till a good use of this land pops up.
The other restaurants were approved before the current version of the comp plan. It’s not that Cane’s is being singled out, but because the current comp plan calls for this corridor to transition away from auto centric uses. If Cane’s had come at the same time as Chick-Fil-A and Cookout (13 years ago) it wouldn’t have faced the same scrutiny - comp plan was approved the following year in 2012.
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3 hours ago, mintscraft56 said:
Looks like the warehouse has got to go
Lol, just an aspirational conceptual rendering for the comprehensive plan. The Greenbrier Area Plan is still in the drafting stage and has not been adopted by City Council.
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I listened to the hearing. The developer all but confirmed one of the other restaurants will be First Watch and an upscale burger restaurant so this is effectively pre-leased. They estimated $750k a year in meals taxes. They considered having Cane’s front Monticello but it would require dine-in customers to cross two drive-thru lanes to get to the building from the parking lot and that’s the reason for the rezoning request (exceeding 10 foot max setback). Of course they noted that it’s been ten years since the current zoning was approved, it’s been marketed to other apartment developers and no dice. Big emphasis on the neighbors to the east being undesirable (cemetery) and being a long-term/permanent obstacle for that kind of development.
Planning recommended denial but really their hands are tied to the comp plan. While everything along there is auto related, the precedent is not in favor of a drive-thru as the comp plan that calls for transitioning uses was approved AFTER Chick-Fil-A and Cookout were approved.City Council’s hands aren’t tied to the comp plan and, for better or worse, I think they’ll approve it. As babs essentially said, you have a development that is a go, with tenants identified, vs a speculative development that the market is not moving to deliver.
I don’t like it, and I wish they could at least get rid of Cane’s in favor of a similar sit down concept like the other two. But the close to $1 million a year vs ~$30k the city gets now from the site is going to carry a lot of weight.
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45 minutes ago, zeppelin14 said:
There was a Raising Canes at ODU and it closed down.... So no, I do NOT see what all the buzz is about. It's a waste of a good space.
If you really want to see the buzz, check out the reviews. They’re not good. The menu is bland chicken strips (that’s it) with their take on the ketchup/mayo sauce …woo. If you’re college aged or younger, you’ll love it but if you’ve developed a palate, you’ll be disappointed.
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2 hours ago, KJHburg said:
drove through Suffolk on my way out of town today what is going on US 58 after the bypass on the western side? It looks like they are widening the highway but are they making it a freeway or what?
Just widening it. Most of the warehouses out there now didn’t exist 5 years ago and there’s in excess of 10 million SF in the pipeline around downtown Suffolk.
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34 minutes ago, KJHburg said:
Experienced this today at 30-50 mph coming in hot from Williamsburg. So tell me what is going on with it brand new wider tunnels? They need at least 4 lanes in each direction if you ask me.
There will be 4 tunnels with 2 lanes each. The two existing tunnels will carry westbound traffic with one carrying general traffic and the other express lanes. The new tunnels will carry eastbound traffic. The express lanes are free to 2+ HOV with a flex transponder.
The first new tunnel recently completed boring and the tunnel boring machine, Mary, is in the months long process turning around for the second tunnel. Completion is ~2027 and that is already two years behind schedule from original 2025 completion.
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6 minutes ago, KJHburg said:
I am rolling into Tidewater VA tomorrow what projects should I not miss seeing underway in Va Beach and Norfolk?
Like to see construction and or brand new projects.
Make sure you take 64 into Norfolk to experience our most substantial project, the Hampton Roads Bridge Tunnel expansion.
Atlantic Park at the Oceanfront is vertical. 19th & Pacific.
Westminster Canterbury’s new tower is probably the tallest building under construction. Ocean Shore & Starfish Rd.
St Paul’s Quadrant redevelopment is well underway. Fenchurch St in Downtown Norfolk.No active construction at Summit Pointe but it is the area’s newest mixed use development in Chesapeake along Volvo Pkwy.
Amazon is building a robotics facility on Dam Neck Rd in Virginia Beach with a delivery station across the street.
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Raising Cane’s and two speculative restaurants. Only Canes will have a drive thru.
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Hampton is considering changes to the Coliseum Central overlay district that would allow 150 foot building heights and eliminate minimum dwelling sizes, maximum densities, and parking minimums.
Coverage from the Virginian Pilot: https://www.pilotonline.com/2024/05/07/hampton-considers-relaxing-some-zoning-requirements-for-developments-in-coliseum-central/
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40 minutes ago, BeagleAccountant said:
Where are you getting 3 to 4 years? Demo was started in late 2021. We are at 2 and a half years. This was always going to be a slow project and while it has missed the initial construction estimates, it's reasonable given the lot.
Reasonable given the wider economic environment. Everything is taking longer currently and it’s not getting better anytime soon. 2 to 2.5 years is normal now.
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9 minutes ago, BFG said:
I might be reading too much into it, but considering the Mayor just announced this last month isn't it a little premature for The Pilot to make it seem like its in jeopardy? I know they love to downplay any major development in this area, but it hasn't even been a month.
I think it was premature for the mayor to include it in the SOTC. I’m all for transparency but it gave the impression to most that this was happening. Until there’s a name and money behind it, the proposal is no more likely than the conceptual renderings in the comprehensive plan.
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Interesting project at the Aquarium, a 125-foot observation tower with a slide that will reportedly be the nation’s longest stainless steel slide. Opening this summer.
https://myadventurepark.com/location/virginia-beach-va/owl-creek-landing/
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East Coast Demo is making quick progress at Pembroke. From their social media page:
The glare makes it somewhat hard to see but this is facing north with Target in the background. The remaining structure with the skylight was the center of the mall.
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4 hours ago, Arctic_Tern said:
Do we know if the grocery store is still a part of the development? Everything else is built and a lot of the staging/construction equipment is gone, but the area where the grocer is supposed to be is just empty.
Lidl purchased the site last August but they can be pretty slow to develop. After their initial launch in the US, they’ve really slowed their pace. There’s quite a few sites they had purchased and later abandoned plans but those were all acquired years prior to this one. Hopefully they’ve figured their strategy out and that’s not the case here but time will tell.
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1 hour ago, ONCE1stBlvd said:
Between the Target getting approved at Wards Corner and the former Kmart at Norview going to Planning Commission next month, Norfolk is chipping away at some of its biggest blocks of retail vacancies.
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More details on the BRT study and opportunity to provide feedback. I know some folks working on this and they’re desperate to get good feedback so please take a couple minutes to do so.
https://www.connectingchesapeake.com/blog/spring2024?-
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5 hours ago, urbanvb said:
Funny Bone comedy club is expanding by moving to Pembroke Square.
This is exciting. Funny Bone’s current space feels tired. And the draftcade concept sounds great, essentially what Circuit is downtown. it will be great to have that option rather than dealing with the kids at Apex. With over a year’s notice, AH has plenty of time to line up a new user for the current space.
Anyone know how much retail the redeveloped Pembroke Square will have, exclusive of the existing tenants?
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Milestone for the HRBT expansion today. Mary the TBM punched through the North Island.
https://www.facebook.com/share/v/Wr2VvJwQB4zSedBX/?mibextid=w8EBqM&startTimeMs=1000
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Virginia Beach Development Authority just voted to renew Armada Hoffler’s option for three years. City Council still has to approve it. Interesting detail is Armada Hoffler is paying the real estate taxes on it.
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Unless there’s actual names behind the proposal, I have to assume this is all conceptual. I will wait to see if there’s any additional details to come out but I’m pessimistic about a substantial redevelopment happening anytime soon.
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20 minutes ago, Si7i said:
Looks like the owner is going to ask the city to allow a drive-through and low-density development by subleasing the plot to multiple suburban restaurants. Seems as if half the property already has a potential leaser. The old listing still showed the former proposed apartment development, as of March 27th the listing was updated on Loopnet with these new low-density renderings. I hope the city doesn't budge on this and only allows multi-family or mixed-use. I miss when the Piliot used to dig into this stuff.
Yea that’s unfortunately what I was expecting. It’s mind blowing they couldn’t make this project work even during the surge in demand and low interest rates during the pandemic. It would be a massive disappointment if this is approved.
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Chesapeake Development
in Hampton Roads
Posted
I shared the article for reference only as it’s a similar facility. The project is proposed along the Elizabeth River on the Chesapeake side of the Portsmouth border.
It wasn’t clear how the tower would be used from the plan I saw but it showed the height of each floor and there are windows at the top, which you can somewhat see in the rendering. It was labeled the same as the tower in the article: VCV tower, short for vertical continuous vulcanization tower.
The proposed tower in Northern Virginia I saw is listed at 600 feet.