Assessed Value of Downtown Property Has Increased 158% in the past 10 Years - growing from $343 million to $1.3 billion. 

Under 10% Office Vacancy Rate

 

To View Current Downtown Projects in PDFs, Click Here

Introducing WACHOVIA CENTER - construction starts in 2009 and completion in 2010

22 Story Class A Office Tower ~250,000 GSF of office space ~10,000 GSF retail on first floor ~500 public parking spaces ~40,000 GSF retail along Monticello Ave. ~175 Residential Apartments ~1450 public parking spaces Greenspace for future Public Facility $150 Million investment

 

The 2010 Plan is bringing city officials and private developers together to craft an exciting and exceptionally well-orchestrated plan for the future of downtown Norfolk. 

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Some of the Projects Currently Under Construction

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Dominion Enterprises                           Granby Tower

                                  St. Paul's                           TCC Student Center

Norfolk Cruise Terminal at Nauticus                   Harbor Heights

The Rotunda                                     388 Boush

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