Return to Virginia Business - October 2002

Building a better Virginia

Virginia has seen its share of the economic downturn in the past several years but that hasn’t stopped some major commercial construction projects from proceeding around the state. Working with the Associated General Contractors of Virginia, we have identified several key projects that are having a major impact on businesses and economic development in the region.

BLACKSBURG:
LANE STADIUM EXPANSION

Virginia Tech football has a long-standing tradition of greatness with nine straight bowl appearances, three conference championships, and top-20 status in the national polls. Season ticket sales continue to break records, selling out all home games for the past three years.
Therefore, the school decided it was time to improve the Hokies beloved Lane Stadium, launching a $36-million expansion project in the south end zone. Recently completed, this project has added more than 11,000 seats to the stadium, bringing the total seating capacity to well over 65,000.

The expansion has added two areas called the Zone Club and Touchdown Terrace. The Zone Club features 880 chair-back seats with approximately one third located under the south end zone upper deck. Touchdown Terrace features 321 chair-back seats in the upper deck located in a separate section. These spacious chair-back seats are identical to Zone Club seats and are located in the front of the upper deck, just beneath the crosswalk. Fans seated in either section have exclusive access to two 5,000 square-foot South End Zone Stadium Clubs. For more information call the VTAF office directly at (540) 231-6618.
General Contractor: Beers/Skanska

DULLES:
AIR & SPACE MUSEUM

Just south of the main terminal at Dulles Airport The Smithsonian Institution’s new National Air and Space Museum is taking shape. The new museum is being built to display and preserve its vast collection of historic aviation and space artifacts. When completed, the new facility will house more than 200 aircraft and 135 spacecraft, including the Space Shuttle Enterprise, and SR-71 Blackbird reconnaissance aircraft, the Dash 80 prototype of the Boeing 707, the B-29 Superfortress Enola Gay and the B-17 Flying Fortress, named Swoose.
The 760,057 square-foot building will be situated on 176 acres of land near the intersection of Routes 28 and 50 in Herndon. The final design calls for exhibit hangers, storage, classrooms, archives, a large-format theatre, restaurants, gift shops and an observation tower from which visitors can view air traffic from Dulles Airport.

The expansive facility will allow visitors to walk among artifacts on the floor and view hanging aircraft from elevated skyways. Many of these original items will be on display for the first time in a museum setting. And the public will also be able to observe skilled specialists in the restoration hanger as they work on the preservation of historic aircraft that tell the history of aviation and space flight.
Planning for the facility began in the early 1980s. In 1998, the Smithsonian and Metropolitan Washington Airports Authority signed a long-term lease for the property on which the center is being built. Construction began April 2001 and the planned opening date is December 2003, in time to celebrate the 100th anniversary of the Wright brother’s first powered flight. In honor of its major donor, the new facility will be named the Steven F. Udvar-Hazy Center.
General Contractor: Hensel Phelps Construction

GOOCHLAND COUNTY:
CAPITAL ONE’S
WEST CREEK CAMPUS

Just west of Richmond, on 3,500 sprawling acres, lies the West Creek Business Park, one of the East Coast’s largest master-planned business parks. The county has high hopes that West Creek will be a leading landmark destination for office, high-tech, research and development, distribution, retail and hotel sites. And Capital One, a Virginia-based financial services company, is carving out about 300 acres in West Creek to develop one of three planned campuses in the area. The other two office campuses are in Henrico County and Chesterfield. When the overall $700 million expansion including Capital One’s new headquarters building in McLean was announced in October 2000, it was the largest expansion ever recorded in Virginia history.

At the present time Capital One has completed two 160,000 square-foot facilities as part of Phase One. The office buildings are connected by a common structure that serves as a dining and collaborative area for the employees. The two structures were completed earlier this year, with the first structure being occupied in January and the second one occupied in May. Plans are currently underway for Phase Two, which includes additional office buildings and amenities, including a training and conference center.
The West Creek Business Park is attracting other businesses to the Goochland County area. Presently, the Farm Bureau of Virginia and Performance Foods each have their corporate headquarters located in West Creek.
General Contractor: Whiting-Turner Construction Co.

RICHMOND:
MAIN STREET STATION
RENOVATION

In heart of downtown Richmond, a major renovation is taking place in the old Main Street train station. The French Renaissance-style station opened in 1901 and served as the transportation focal point of Richmond until Amtrak closed it in 1975 after being badly damaged in the James River floods of 1969 and 1972. A developer bought the station in 1983 with plans to turn it into a mall, which opened in 1985. The mall was not successful, however, and closed the same year. In 1990, the Virginia Department of Health opened offices in the station and the city of Richmond recently reached an agreement with the state to purchase Main Street Station and restore it to its former stature as a commuter train station and transportation hub.

Every detail of the original 19th century-style building is being faithfully and painstakingly reproduced to its original glory. Special craftsmen are being employed to restore the exterior terra cotta tile trim. Existing windows, light fixtures and hand-carved wooden doors are being carefully restored to their original appearance. And a new 500-foot passenger platform is being constructed on the East side of the building to accommodate the Amtrak rail lines that serve Richmond. Originally, the train traveled straight through the building, but existing office space prevents such access today.
The $60 million renovation encompasses the first two floors of the building, with the upper three floors remaining as tenant office space.
General Contractor: Daniel & Co. Inc.


VIRGINIA BEACH:
THE TOWN CENTER

The Town Center of Virginia Beach is located at the core of the City’s emerging Central Business District. Spanning over 17 city blocks, The Town Center will provide a mix of multi-level upscale retail, deluxe residential, Class A office, a performing arts center, an array of cafes and restaurants, along with luxurious hotels.

Pedestrian-friendly landscapes with surrounding residential developments ensure easy access and conveniences for shoppers, workers, and patrons of The Town Center.

The tree-lined commercial streets will be laced with a variety of urban features interwoven with open green spaces and beautiful fountains, all providing an attractive setting in which to live, work, and play.
Over 70 percent of the available office and retail space for Block Four of Phase I of The Town Center of Virginia Beach has been leased. Construction is underway on the first of 14 city blocks, and it is expected to be available for occupancy in late 2002.

The backbone infrastructure and the internal roads will be completed as part of Phase I. This phase will also include a 1,300-space parking garage that will offer free parking to tenants and visitors of The Town Center. On top of the garage will be a 225,000-square-foot office tower. Signed tenants for the office tower include Armada/Hoffler; Williams, Mullen, Clark & Dobbins; the city of Virginia Beach; Faggert & Frieden; Cherry, Bekaert & Holland; and Troutman Sanders Mays and Valentine. Also signed for Block Four is a 189-room hotel.

Additionally, the city of Virginia Beach’s Department of Economic Development will occupy one floor in the tower building. According to Donald Maxwell, director of the Department of Economic Development, “The Town Center’s strategic location and complimentary mixed-uses make it one of the most significant projects in the history of Virginia Beach.”

Additional blocks will come on line in early 2003 with a variety of uses including restaurants, retail, apartments and office space. Several new restaurants are coming to The Town Center as well as world-renowned entertainment facilities and a nationally known comedy club.
General Contractor: Armada/Hoffler

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