1020-1040 Laskin Road RFP

1020-1040 Laskin Road RFP

Request for Proposals (RFP #ED-25-02)

For the Sale of City Property: 1020-1040 Laskin Road, Virginia Beach, VA 23451

The City of Virginia Beach Department of Economic Development (VBDED) is seeking proposals from qualified respondents to purchase the property for Accident Potential Zone (APZ) 2 compatible development.

Background

The property was purchased in 2005 for $15,000,000 to prevent residential development after Naval Air Station Oceana was considered by the Defense Base Closure and Realignment Commission (BRAC). The property is zoned A-36 Apartment district; however, it is located in the 70-75db Aircraft Noise Zone and APZ-2 zone, and residential uses will not be considered.

Overview

• Land area (estimated): 5.49 Acres / 239,294.43 Sq. Ft.
• Real property: Three parcels of land in the City of Virginia Beach, Virginia - 1040 and 1020 Laskin Road and a portion of 725 Oriole Drive (GPINs: 24186132520000, 24186162280000, and 24186175850000) (See Exhibit A).

Future Use

The City is seeking a compatible development that conforms to the APZ-2 overlay outlined in Article 18 of the City of Virginia Beach Zoning Code and contributes to the City’s goal of creating a diverse, world-class, year-round coastal community for residents and visitors. As such, no residential development, public assembly, or eating and drinking establishments will be permitted. A conditional rezoning will be necessary. Potential desirable uses that will be considered for a conditional rezoning are:

• Retail
• Office
• Professional Services
• Indoor Recreational Facilities
• Light Industrial

Download the RFP for all of the requirements.

RFP Document