| |
Victory Crossing is a reinvented 500-acre mixed-use development
at the intersection of Victory Boulevard and I-264 in Portsmouth.
Long a business and residential focus area, it included Tower Mall,
one of the first shopping centers in the region. Typical of nationwide
trends, the area entered a period of decline as the region's suburban
growth burgeoned in the last quarter of the twentieth century.
Portsmouth has undertaken planning, construction and marketing
initiatives to reinvent the area as a twenty-first century mixed
use community. It offers citizens the opportunity to live, work,
play, study and shop without extensive driving, and it enriches
the opportunities available in the entire Hampton Roads region.
When complete, the project is expected to generate $128.5 million
in private investment, create 2,700 jobs, increase the variety of
housing types available in the City, and serve as a focus for additional
private investment in adjacent neighborhoods. Victory Crossing features
the following elements:
Retail: Victory Crossing Shopping Center
This power center, developed by Trammell Crow on the Tower Mall
site is the first new shopping center to be developed in Portsmouth
in nearly 20 years. Businesses include Lowe's Home Improvement Warehouse,
Pizza Hut, Wendy's, Dollar Tree and Exxon. Inline space and outparcels
are suitable for restaurants, entertainment and hotel uses and an
additional pedestrian-oriented retail area is planned.
Business: Victory Crossing Commerce Center
One of Portsmouth's largest developable tracts of land, the Commerce
Center will include a mixture of office and industrial uses as well
as a mixed-use campus providing an educational focus. Located in
an Empowerment Zone, Enterprise Zone, and HUB Zone, the Center is
planned with an urban character, including a road pattern that reinforces
the traditional City grid. Design guidelines will create a positive
character and encourage further improvement of the Victory Boulevard
corridor, including the frontage on the west side of Victory.
Housing and Recreation: New Port and Bide-A-Wee
Golf Course
The mixed-use goal for the area includes the development
of a range of housing types that will complement the business development
and provide transition to the adjacent residential neighborhoods.
City investment has included the $8 million renovation of the Curtis
Strange-designed 18-hole championship golf course as well as improvements
to Greenwood Drive including four acres of enhanced stormwater retention
ponds with fountains, a pedestrian walkway, bridges and seating
areas. Infrastructure has been constructed to serve both Phase I
of the Commerce Center and a 25-acre parcel south of Greenwood Drive.
Concepts include higher density housing adjacent to the golf course
and a mixture of attached and single-family homes.
|