Norfolk In “Early Negotiations” With Pharrell’s Team For Military Circle Redevelopment
Share This
- Maddison Pace
Time to read: 1 minute
Last year we told you about how the city of Norfolk was looking to redevelop Military Circle Mall and seeking your input to help them choose between three submitted proposals. Well, it seems they’re getting closer to making a final decision, as the city has just revealed that it’s in “early negotiations” with Pharrell’s team, whose proposed development is called Wellness Circle.
Some other familiar names are part of Wellness Circle, LLC, including Armada Hoffler, Live Nation, Venture Realty Group, and the YMCA of South Hampton Roads. Their proposal involves transforming the mall into an inclusive community that would have 4.6 million square feet of mixed use development, with plenty of office space, retail, mixed-income residential properties, and a 16,000 seat arena.
The project’s theme is wellness, and as such includes features that promote health and well-being, like the proposed 500,000 square feet of healthcare offices and medical service space. It would transform the ring road currently around the mall into a green path for walking and cycling.
The team wants to bring over 700 residential units to the location, nearly 300 of which would be low-income housing credit units. The plan also includes 200,000 square feet of retail and restaurants.
There’s no word yet on when the city might announce the outcome of the negotiations, but stay tuned to The VBJ and we’ll keep you updated on any further developments as they happen.
Share This Story
Email This Story
Maddison Pace
More Stories
Development Authority Discusses Plans For Innovation Park Anchor Building
The Hampton Inn By Hilton would be a 120 room hotel next to Central Park and the Zeiders playhouse.
More Stories
Walmart Offers Drone Delivery in Virginia Beach
DroneUp was founded in 2016...
Norfolk International To Receive $5.4 Million For Moving Walkway
ORF previously had the world's longest.
Donate to TheVBJ!
More
Money.com Calls Virginia Beach The Third Best City To Live In Right Now
Researchers compared cities with populations over 300,000 on over 8,000 different data points…
Developers Break Ground For Atlantic Park At The Oceanfront
The wave park is part of phase one…
Pembroke Mall Redevelopment To Include Tempo By Hilton
The $200 million Pembroke redevelopment project now underway will transform the region’s first mall (built in 1966) to more closely match the kind of density…