CHANGING FACES OF HAMPTON
Daily Press (Newport News, VA)
August 27, 2004
Author: JODY SNIDER Daily Press
Jimmy Eason talks about economic development to commercial realtors.
Change is afoot.
In the next 60 days, terms of three development agreements for downtown Hampton should be outlined and ready for review by city officials.
Six previously announced tenants in the Power Plant of Hampton Roads are either ready to start construction or already have started construction along the boardwalk area of the development.
And Mall Properties, the owner of the Coliseum Mall in Hampton, is considering "demalling the mall" by breaking the mall into several buildings, running small roads through it, and building sidewalks, turning Coliseum Mall into an urban town center.
Jimmy Eason, newly hired director of economic development for Hampton, spoke to the Commercial Real Estate Council of Hampton Roads on Thursday at netcenter, giving the mix of commercial and residential real estate professionals a broad sense of the volume of economic development taking place in Hampton.
He said remaking Coliseum Mall would impact retail in the Coliseum Central District, creating a town-center effect that would open up shopping with streets and more outparcels featuring restaurants and transform the area into a vital shopping district.
Pittsburgh-based Urban Design Associates has outlined a 1,800-acre area for redevelopment that stretches from the Hampton Coliseum to Sentara CarePlex Hospital. Included in the plan is the Riverdale Shopping Center, about a block from the mall on Mercury Boulevard. The consultants want to open that shopping center with streets, sidewalks and trees, making a movie theater behind the center more accessible.
Eason said upscale housing is needed in the Coliseum Central District to help attract the type of retail the city is seeking. And he noted that there are discussions between the city and L.M. Sandler & Sons for about 500 condominium units that would be near the convention center, which is a part of the city's Crossroads project.
"Those units would be close to an 11-acre parcel that will be developed by The Cordish Company. It will offer restaurants and nightlife," Eason said. Another 19-acre parcel of land near there will be developed by someone else, and it will cater to day-use, restaurants and retail." *
More info:
http://www.hrtransit.org/lrt/pdf/Col.pdf