HRVA

The only change between Q2 and Q3 I see is leaving the door open for multifamily on the Regal site but that’s clearly a long term if…, then… plan. But really almost any multifamily project not already under construction is either dead/cancelled or on hold until rates start to come down. It is what it is. AH is going to save their capital for the deals that present themselves on the other side of this cycle. As for Divaris, the only ‘big’ announcement I recall was LEGO. Hopefully there’s something coming before the end of the year but everything everywhere is getting pushed back so I’m not optimistic.

Yup, this and another drive thru (Panda Express IIRC) across the street in front of Walmart had/have been working through the approval process. Par for the course infill.

Here’s the specific language each municipality had to use in their referendums: "Shall casino gaming be permitted at a casino gaming establishment in ________________________ (name of city and location) as may be approved by the Virginia Lottery Board?  [ ] Yes  [ ] No" And the requirement that a preferred operator be selected prior to the referendum: An eligible host city shall promptly submit its preferred casino gaming operator to the Department for review prior to scheduling the referendum required by § 58.1-4123. Both link to the Code of Virginia sections quoted.

Every other location had a site and operator selected prior to their respective referendums. I believe that was a requirement in the state law that was passed enabling all of this.

Obviously he’s a real estate agent and mentioning apartments doesn’t benefit him but there are so many more places to live in NEON than the one building he mentioned. Disappointed he didn’t at least make mention of that since he has a larger audience than people looking to buy a home.

Here’s the governors press release: https://www.governor.virginia.gov/newsroom/news-releases/2023/november/name-1016719-en.html

Every other casino in Virginia has taken some kind of phased approach. Danville and Bristol in the form of temporary casinos and Portsmouth certainly hasn’t completed their proposal (no hotel). There’s clearly other issues going on behind the scenes but I don’t think a phased approach is unreasonable.

This is from a few weeks ago:

This is a relatively newer group but they own something like 20 MiLB teams and I couldn’t find any stories about them relocating teams. I think this will be a positive change. Harbor Park is in need of an overhaul and the timing is right with lease negotiations and a well capitalized ownership group. They will also bring direct knowledge of what is working with other teams. Frankly, while the team itself is great and fully loaded with top tier prospects, the experience at Harbor Park has been lacking for awhile now.

Depends on the organization. The Tides used to be this way but the past couple of seasons Norfolk has been spoiled with extended stays by some of top prospects in baseball, including multiple #1s (Rutschman, Henderson and now Holliday).

Not the best but renderings nonetheless. First floor will be parking.

Interesting project I randomly came across. Four-story mixed use development adjacent to the Great Bridge Bridge with ground retail, second floor offices and 44 apartments on the third and fourth floors. This is the former Great Bridge Pharmacy site that cleared out for Off the Hook but those plans never materialized.

Community workshop this Saturday at Harbor Park for the comprehensive plan. Hope the Norfolk residents on this forum can take time to be part of this process. https://www.norfolk.gov/nfk2050?mibextid=Zxz2cZ

City Politics | Proposed Virginia Beach apartment project is igniting a debate (pilotonline.com) Suburban development but sharing for the quote from Mayor Dyer, pushing back against Barbara Henley's concerns over the density of the project:

They are certainly impressive buildings but it’s a relatively newer type of center and there are many in the pipeline. HR will not be unique in having two.

Nope and nope. HR already has multiple delivery stations, and the robotics warehouse is the same as what was built in Suffolk. They are all over the county and generally fulfill local/regional orders.

It is confusing. The Railroad District is a larger area of Park Place that borders Ghent, while this project is the Railyard at Lambert’s Point.

They’re part of the adjacent Colony development by IPConfigure, not the Railyard project. I believe they’ve both been mentioned in other threads in this forum though. ETA: Actually go back a couple of pages in this thread and it’s mentioned.

It appears they are excluding Williamsburg, James City County, and York County. Excluding those, their projections total 1,597,211. Including the Williamsburg area the total is 1,775,524 (this still excludes the NC counties that are part of the MSA).

Golf simulator bar/restaurant is my random guess. Figure it’ll be something smaller in scale as the article says it’ll be in one of the older buildings.

I believe it’s 17 & 18 but addresses are stated in the flyer below. It’s the site immediately south of the transit center.

Decent place to grab a quick lunch but nothing to get excited about. The franchise chains filling this development were likely always going to be a part of the mix but with Three Notch’d and River City Roll dropping out, it’s really lost it’s luster, especially since Lidl coming in removes the possibility of large experiential business coming in like RCR would have been. It’s just another shopping center now.

Video update on the current buildings under construction. Groundbreaking for the next building is on Wednesday. https://fb.watch/mZknELdw7c/?mibextid=vTn5qL

Wells Fargo will typically attach a two-year deed restriction on bank branches for properties they own when they sell them. Assuming they do the same here, it would need to be a bank that’s willing to pay up and then wait two years to open.

Progress shot from Hanbury: