Innovation Park

The 155-acre Innovation Park, owned by the Virginia Beach Development Authority, is located in the Princess Anne Commons Area, which is a multi-function commercial corridor with strong long-term development potential. The City of Virginia Beach identified the area as the ideal location for the Innovation Park because of its proximity to neighboring assets such as educational institutions, national and regional retailers, and dense workforce. Major developments currently underway include Acoustical Sheetmetal and YCH Development.

All of Innovation Park's Phase I was obligated within 100 days. However, additional contiguous acres are available for development.

Take a virtual tour of the property here.

  • Great visibility
  • Easy access to a four-lane highway
  • 8 miles to Interstate 64
  • Compatible uses: Advanced Manufacturing or Technology Use, Class A Office
  • Zoned: Light Industrial (I-1)

Educational Facilities​​​

Major educational facilities anchoring the area include:​​
  • ​Tidewater Community College
  • The Virginia Beach Advanced Technology Center
  • The Governor's STEM and Technology Academy at Landstown High School
  • The Virginia Beach Higher Education Center (a collaboration among the City of Virginia Beach, Old Dominion University, and Norfolk State University)
  • Regional Health Professions Center​

Biosciences/Health Care​​​

  • LifeNet Health World Headquarters
  • Institute for Regenerative Medicine
  • Operation Smile World Headquarters
  • Sentara Health Complex
  • Children’s Hospital of the Kings Daughters​

Public Recreation​​

  • Veterans United Home Loans Amphitheater at Virginia Beach​
  • Virginia Beach National Golf Course
  • Virginia Beach Sportsplex & Fieldhouse

Regional Retail Power Center​​​

​The Princess Anne Corridor offers a large selection of national and regional retailers, shopping, dining, and entertainment.