Hampton Roads Development

By
Real Estate Agent with REMAX Alleiance

                                                       

                                                                        Whats New In Hampton Roads Development 

                        

 10/04/07

 

Chesapeake - Ground has been broken on the Gateway at SoNo project.  The project on the site of the former Big Pig grocery store will contain 133 condominiums priced from $160,000 to $350,000.  Twenty percent of the units will be made available for first-time homebuyers.

  

Norfolk - Norfolk's light rail project is scheduled to receive $128 million in federal funds beginning on October 1, which means that construction on the light rail line will begin by early November.  Trains should begin running on the line between EVMS and Newtown Road by 2010.

 

Portsmouth - The city has hired Paul D. Holt III, who previously served as the City of Richmond's interim director of public utilities, to serve as the city's new Planning Director.  The city has not had a permanent Planning Director since the summer of 2006.

 

Suffolk - A Virginia Beach developer is planning a 160 unit development on the site of the Tidewater Fair Downs off East Washington Street.  The 147 units and 13 single family homes will all sell for between $150,000 and $200,000, and the development will be called October at Fair Downs.

  

Virginia Beach - City Council will hold a Town Meeting on October 16 from 7:15 p.m. to 9:00 p.m. at the Virginia Beach Convention Center to discuss the 2008-2010 biennial budget with the public.  Registration in advance in required by calling 385-3111

 

Ted Wheaton, 

RE/MAX Allegiance 575 Lynnhaven Parkway, Suite 100 Virginia Beach, VA  23452 Cell: (757) 404-4978 Fax: (757) 819-1224 Office:  (757) 217-2901 Email:  SevenCityHomes@gmail.com Web site: http://www.Tedwheatron.sell4.com

Oh by the way, I am never too busy to handle any referrals you may have for any of your friends or family who may want to buy, sell, or invest in real estate.

 

 

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