[vdogg]

http://img.photobucket.com/albums/v428/guynvb/Virginia%20Beach%20II/DSC03299.jpg

http://img.photobucket.com/albums/v428/guynvb/Virginia%20Beach%20II/DSC03300.jpg

http://img.photobucket.com/albums/v428/guynvb/Virginia%20Beach%20II/DSC03301.jpg

http://img.photobucket.com/albums/v428/guynvb/Virginia%20Beach%20II/DSC03302.jpg


http://content.hamptonroads.com/story.cfm?story=116374&ran=217331&tref=po

[austin356]

$4B? That can easily be over 12m sq ft or 10k units.

For reference in Atlanta, Buckhead's Cityplace development is $2B and it includes 9 40 story towers.

[vdogg]

From the article:
A South Korean investment group is in discussions with city officials to build a series of high-rise hotels, condominiums and an amusement park in a multibillion-dollar project that could catapult Virginia Beach from a regional resort into an international tourist destination.....


Sun Rise wants to create an amusement park and golf academy around the PGA-quality course and link it to hotels, shops and entertainment at the other sites.

The proposal dwarfs any other pitches the city has received for those sites. According to Sun Rise’s CEO, Ju Young Kang, the company will market the facilities to a global audience, particularly in China and Korea.

“This is not a concept that we’ve ever considered,” said Dave Hansen, the city’s finance chief. “It’s our time, it’s the region’s time, it’s Virginia Beach’s time.”

[vdogg]

According to Wavy news 10 one of the buildings will be 50 stories.

[hokiehigh]

This is great for VA Beach. Even if it doesn't evolve it seems it has brought about other developers who were already itching for some of that land. I hope someone grabs it other than Armada Hoffler. I just don't like the design of their buildings!

Also, Rudee Inlet would be a great place for some high end high rises. I love that area of the Oceanfront.

[Pillsbury Doughboy]

Impressive to say the least.

[TwinCity]

Man, this so exciting!!! I love VB!

[vdogg]

Don't get too excited yet. The navy is gonna shoot this down in a blaze of glory. The height restrictions in that area are excessive. :( I support the Navy but they are starting to be too much of a drag on the rest of the cities development.

[vdogg]

Well you asked for it so heres the details. It looks like the public and city may be more behind this than originally thought. I guess $4 billion dollars is $4 billion. :lol:

Like it or not, all agree $4 billion development is huge (http://content.hamptonroads.com/story.cfm?story=116493&ran=180696&tref=po)

A $4 billion proposal to build skyscrapers, hotels and condos at the Oceanfront and a massive golf resort near City Hall has left many business leaders and residents stunned.

Official renderings....

Convention Center (twin 40 story towers)
http://i133.photobucket.com/albums/q53/icwspiker3/renderingconvention.jpg
Rudee Loop (yacht club & hotel)
http://i133.photobucket.com/albums/q53/icwspiker3/renderingrudee.jpg
TPC Golf Course (golf academy, amusement park)
http://i133.photobucket.com/albums/q53/icwspiker3/renderingtpc.jpg
Dome Site (medical and condos)
http://i133.photobucket.com/albums/q53/icwspiker3/renderingdome.jpg

[hokiehigh]

All the renderings look great but what are the chances this will actually happen? I think the NAVY will try to decrease the height of most of these buildings.

Also, wouldn't it be great if they clustered these buildings into one area to create a downtown? I wonder if it will distract more development around the Town Center?

[navyweaxguy]

Unfortunately the Town Center is basically a vertial extension of Pembroke Mall. The beach front and access to the convention center makes more sense for this size development.

[Buck]

Very... Tel-Aviv-ish. I like it though. I hope it becomes a reality.

[vdogg]

Unfortunately the Town Center is basically a vertial extension of Pembroke Mall. The beach front and access to the convention center makes more sense for this size development.

Not to mention that these developers would have no interest in building at town center. Why build 11 miles away from the beach when you're trying to market it as a resort?

[RockHillJames]

Wow.

Nice looking stuff, especially the first towers.

Where is this in relation to Town Center?

[navyweaxguy]

It's about 10 miles west of the beach front. Now if there was a light rail line that ran from DT Norfolk and made stops along the way to the beach or in my idea the convention center then the Town Center wouldn't be left out.

I think the light rail needs to terminate in the west parkign lot of the CC. Then they need to put in a street scaped promenade along 19th to connect the CC and the waterfront. This promenade would go right through this brand new development bringing lots of cenvention business through... I drew all of this out but its on my computer at work and i dont return there til monday so i will post it then.

[urbanlife]

it is time for Navy to take a hike unless they plan on being this much of an aid to the city. They seem to bring too much problems and hold the city down.

[navyweaxguy]

The Navy wants to leave Oceana. The politicians in the area dont want them to leave. They don't want to lose all that federal money.

[vdogg]

South Korean firm is a winner in China (http://content.hamptonroads.com/story.cfm?story=117183&ran=241123)

The South Korean firm that proposed a $4 billion deal to reshape the city may have no reputation in the United States, but in the Far East, Sun Rise Development Co. Ltd. is well known.

There, Sun Rise Chairman Ju Young Kang is seen by some as a visionary, a man who gambled on mixed-use buildings before they were popular. He is lauded as one of the first Korean developers to penetrate China's booming market.

Two massive Sun Rise projects in northeast China have been so successful, in fact, that Kang was given honorary Chinese citizenship, The Korea Herald reported in 2005.

"The future is not for the people who wait," Kang told The Herald. "The future is for the people who pioneer and make it happen."

[vdogg]

S. Korean developer eyes green card statute (http://content.hamptonroads.com/story.cfm?story=117283&ran=44673&tref=po)

The South Korean businessman who has proposed a $4 billion resort development hopes to use a little-known law to help his foreign investors gain permanent entry into the United States.

In correspondence with the city, the leader of Sun Rise Development Co. Ltd., Ju Young Kang, has stressed that obtaining green cards is an important aspect of his proposal, and he has asked for the city's support.

"Because secure acquisition of Green Card is an essential subject, I want to get assured that City would take complete charge of the Green Card affair," Kang wrote Nov. 23, 2006.


In a Dec. 15 e-mail, Kang wrote to the city that Sun Rise plans to set up a $1 million investment standard for acquiring green cards.

[navyweaxguy]

Hopefully that red tape will clear up soon so we can see some progress on this.

[ajfroggie]

The Navy wants to leave Oceana.

Problem is, the Navy doesn't have anywhere else to go that wouldn't kill flying times and costs to the carriers when they get underway. IIRC, the places they were looking at in NC were bitterly opposed by NC residents...


To Urbanlife: it's not a case of the Navy holding the city down. If anything, it's been the other way around with the rampant development Virginia Beach has allowed around Oceana...

[vdogg]

Problem is, the Navy doesn't have anywhere else to go that wouldn't kill flying times and costs to the carriers when they get underway. IIRC, the places they were looking at in NC were bitterly opposed by NC residents...


To Urbanlife: it's not a case of the Navy holding the city down. If anything, it's been the other way around with the rampant development Virginia Beach has allowed around Oceana...

No, it's the Navy. Before they moved the F/A-18 hornets here Va. Beach was in compliance. When the hornets moved in the Navy redid the AICUZ and APZ regulations which instantly put 19,000 homes out of compliance. They then had the nerve to start crying about encroachment. As far as i've seen our relationship has been all give and no take as far as the Navy has been concerned. Being a good neighbor goes both ways, the navy could be a bit more lenient when it comes to the cities other development needs. Having a master jet base in the middle of the states most populated city just isn't going to fly for too much longer. Encroachment or not VB is a far different city than when the Navy first arrived. Both sides need to realize this if we are ever to move forward.

[ajfroggie]

In retrospect, I agree that the Navy isn't entirely blameness for the situation (although one needs to also consider some of the reasons WHY the Navy moved all its East Coast fighters to Oceana), but you don't just sit near a large airfield and *NOT* expect there to be an increase in noise as the years go by.

[vdogg]

In retrospect, I agree that the Navy isn't entirely blameness for the situation (although one needs to also consider some of the reasons WHY the Navy moved all its East Coast fighters to Oceana), but you don't just sit near a large airfield and *NOT* expect there to be an increase in noise as the years go by.

Oh I totally agree on this. People who build their houses on the runway have lost their right to complain as far as i'm concerned. I was merely referring to the land that was in compliance that fell out of compliance when the rules changed (particularly the lynnhaven area). Bottom line is it is an untenable situation for both sides, the encroachment is there, and there is no way in hell the city is going to evict thousands of families off their land. I just believe it is time to go our separate ways.

[vdogg]

In retrospect, I agree that the Navy isn't entirely blameness for the situation (although one needs to also consider some of the reasons WHY the Navy moved all its East Coast fighters to Oceana), but you don't just sit near a large airfield and *NOT* expect there to be an increase in noise as the years go by.

Oh I totally agree on this. People who build their houses on the runway have lost their right to complain as far as i'm concerned. I was merely referring to the land that was in compliance that fell out of compliance when the rules changed (particularly the lynnhaven area). Bottom line is it is an untenable situation for both sides, the encroachment is there, and there is no way in hell the city is going to evict thousands of families off their land. I just believe it is time to go our separate ways.

[vdogg]

In retrospect, I agree that the Navy isn't entirely blameness for the situation (although one needs to also consider some of the reasons WHY the Navy moved all its East Coast fighters to Oceana), but you don't just sit near a large airfield and *NOT* expect there to be an increase in noise as the years go by.

Oh I totally agree on this. People who build their houses on the runway have lost their right to complain as far as i'm concerned. I was merely referring to the land that was in compliance that fell out of compliance when the rules changed (particularly the lynnhaven area). Bottom line is it is an untenable situation for both sides, the encroachment is there, and there is no way in hell the city is going to evict thousands of families off their land. I just believe it is time to go our separate ways.