Town Center: a sophisticated blend of lifestyles.
Town Center, an emerging downtown core in the heart of Virginia Beach’s Central Business District, features a vibrant urban mix of upscale retail, Class A office space, luxury residential units, entertainment, and cultural facilities. The ongoing mixed-use development encompasses more than 800,000 square feet of Class A office space, 700,000 square feet of upscale retail, dining, and business-class hotels.
The development spans 17 city blocks and encompasses 25 acres midway between downtown Norfolk and the Oceanfront. It's home to the tallest building in Virginia, The Westin Virginia Beach Town Center, the Sandler Center for the Performing Arts, the Funny Bone Comedy Club, and Restaurant, and Zeiders American Dream Theater.
What is upcoming?
Construction of a Class A office tower (also known as Block 2 Office Tower) is planned to be completed in the fourth quarter of 2022. This 16 story, glass and brick addition, will add to Town Center 235,000 square feet of office space, additional retail, and parking for tenants and guests. Read more.
To date, Armada Hoffler invested nearly $500 million in the Town Center of Virginia Beach in addition to $108 million of public investment.
Notable Facts (2020)
Source: City of Virginia Beach Economic Development
Other major tenants in Town Center include Armada Hoffler, HBA Architects, Troutman Sanders, Clark Nexsen, Divaris, Mythics, Williams Mullen, Ruth’s Chris, and Apex Entertainment. Town Center’s success has also attracted a raft of new national retailers, including Anthropologie, lululemon athletica, Free People, Wegmans, West Elm, and DryBar.
It's been 20 years since the city and developers broke ground on Town Center. Today, Town Center generates more than $8 million a year in business taxes, which include business license, business property, trustee, and general sales taxes. This project is an excellent example of a successful public-private partnership.
At the heart of Virginia Beach's Central Business District, the Virginia Beach Town Center is an eclectic urban mix of business, entertainment, cultural and retail facilities.