DOCSLIB.ORG

Project Overview

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Project Overview PHASE 1 PROJECT LOCATION PROJECT SCHEDULE DESIGN-BUILD APPROACH From .06 mile east of the Construction Began: Summer 2018 Under this method, the design- I-264 interchange at Bowers Completion: July 2021 builder performs final design, right Hill to 0.9 mile east of the of way acquisition, utility relocation, CONSTRUCTION COST I-464 interchange permit acquisition and construction FACT SHEET Approximately $409.6 million for the project. This approach DESIGN-BUILD CONTRACTOR Funded by Hampton Roads Transportation allows some of these activities to be Granite-Parsons-Corman Accountability Commission and Virginia’s done concurrently and expedites SMART SCALE Program delivery of the project. CONTACT INFORMATION Shelby Frank Dave Forster Public Information Officer Senior Communications Specialist Seventh Point Transportation PR VDOT Hampton Roads 757.744.9636 757.477.6569 [email protected] [email protected] For more information or to sign up for Project Email Alerts, visit 64highrise.org. PROJECT OVERVIEW VDOT’s I-64 Southside Widening and High Rise Bridge, Phase I Project will widen nearly 9 miles of I-64 to three full-time travel lanes in each direction, including one HOT/ Express lane between Bowers Hill and Battlefield Boulevard, and construct a new 100-foot vertical clearance fixed-span bridge over the Elizabeth River serving motorists traveling toward Virginia Beach. The project will also add exterior shoulders that can be used as non-tolled managed lanes between Route 17 and Great Bridge Boulevard to address congestion during peak travel hours. Other improvements include replacing the Great Bridge Boulevard overpass, installing sound walls, resurfacing the existing roadway and stormwater management features. www.64highrise.org PROJECT BENEFITS CONSTRUCTION TRAFFIC IMPACTS PROJECT SAFETY ENHANCING • The new lanes will be built mostly in the existing median VDOT is dedicated to work zone safety. INCREASING IMPROVING REDUCING REGIONAL of I-64. This will minimize right-of-way and environmental Undivided attention to driving is the most CAPACITY SAFETY CONGESTION EVACUATION ROUTE impacts, which in turn minimizes the cost of the project. important factor in avoiding a crash. Motorists are encouraged to: • While under construction, all existing lanes of traffic SLOW DOWN will be maintained in each direction during the vast majority of operations. PAY ATTENTION ESTIMATED CONSTRUCTION SCHEDULING • Occasional short-term lane closures will be necessary. OBEY TRAFFIC & CONTROL DEVICES Construction operations that require longer duration single-lane closures will be limited to night operations. LOOK OUT FOR OUR WORKERS Motorists should be alert for lane closures • Speed limits will be reduced to 55 mph in work MILITARY HIGHWAY zones along I-64. and alternate routes prior to traveling in GREAT the work zone area by watching for VDOT BRIDGE B variable message signs, calling 511, visiting LVD. • Lane closures will be suspended during 511virginia.org, or downloading Virginia’s YADKIN ROAD significant holidays. free 511 mobile app. All lane closures will be announced in advance on L ROAD electronic overhead signs and on the Traffic Alerts SHEL page at www.64highrise.org. PHASE 2018 2019 2020 2021 LOCATION Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Roadway WEST 1 PROJECT DETAILS I-64 Widening over Military Highway Roadway Replacing and realigning Great Bridge Adding exterior shoulder lanes between Route WEST 2 I-64 Widening Boulevard Bridge 17/ George Washington Hwy and Great Bridge over Yadkin Road Roadway Blvd to use as managed lanes during peak WEST 3 I-64 Widening Widening six existing I-64 bridges over South congestion, creating 4 travel lanes in each over Shell Road NEW HRB New Bridge Military Highway, Yadkin Road and Shell Road direction for nearly 4 miles Roadway EXISTING HRB Widening corridor from 4 to 6 lanes by adding Designed to accommodate a future project that EAST 1 Roadway one HOT lane in each direction will replace the existing High Rise Bridge and Roadway EAST 2 expand the corridor to a total of eight lanes GBB Bridge Replacement EXISTING NEW HIGH WEST 1 WEST 2 WEST 3 EAST 1 EAST 2 BRIDGE BRIDGE.
Load more

Recommended publications
  • City of Virginia Beach Comprehensive Plan – It's Our Future: a Choice City
    City of Virginia Beach Comprehensive Plan – It’s Our Future: A Choice City November 20, 2018 1.3 - SUBURBAN AREA INTRODUCTION Much of the area located north of the Green Line possesses a suburban land use pattern, meaning the area primarily consists of low- to medium-density residential land use with commercial retail, office, and service uses interspersed throughout the area. This land use pattern is the result of more than a century of the development of communities created by subdividing all or portions of the farms that defined Princess Anne County (now the City of Virginia Beach) since the 17th century. The earliest subdivisions were established in the late-19th and early-20th centuries, located adjacent to the railroad line that connected the City of Norfolk to the Town of Virginia Beach. Since the automobile was largely a novelty during these years, movement outside of the urban core cities of Norfolk and Portsmouth was either via the railroad or a poorly maintained roadway system using horse and wagon. The railroad line offered developers the opportunity to establish communities outside the urban core of Norfolk for those who desired to choose a lifestyle less intense than that of Norfolk. This trend of creating communities outside the urban core cities occurred not only here, but throughout the United States, and England as well. Eventually, the area outside the core urban cities was designated as being ‘suburban.’ Vestiges of the early suburban communities in Virginia Beach can be seen in the existing street layout of Pembroke, south of Virginia Beach Boulevard, which were established as Euclid Place (1910) and Sunny Brook (1916).
    [Show full text]
  • C-5 Conditional Use Permits
    THE CITY OF NORFOLK To the Honorable Council November 6, 2018 City of Norfolk, Virginia From: Leonard M. Newcomb III, CFM, Acting Planning Director Subject: Norview Realty, LLC, for the following Conditional Use Permits at 3542 N. Military Highwpti---- a. .6 tomobile sales b. Automobile repair and maintenance, major Reviewed: Ward/Superward: 4/7 W -f Deputy City Manager Approved: Item Number: C-5 Douglasli. S ith, City Manager I. Staff Recommendation: Approval. II. Planning Commission Recommendation: By a vote of 5 to 0, the Planning Commission recommends Approval. III. Request: Conditional Use Permits: a. Automobile sales b. Automobile repair and maintenance, major IV. Applicant: Norview Realty, LLC V. Description: • The property is located on the east side of N. Military Highway north of the intersection with Azalea Garden Road. • This request would allow an automobile sales and repair business to operate from the site, which was formerly developed as a Wendy's fast food restaurant. • The proposed hours of operation are from 8:00 a.m. to 5:00 p.m., seven days a week. • One of the two existing driveways accessing N. Military Highway will be removed and replaced with curb, gutter, sidewalks, and landscaping. • As part of the conditions of the Conditional Use Permit, a sidewalk will be required along the N. Military Highway frontage. • As a new development, it will have to complete the Site Plan Review Process with all the standards set forth in the Zoning Ordinance. 810 UNION STREET, SUITE 1101 8 NORFOLK VIRGINIA 23510 ii 757-664-4242 www.norfokgov VI. Historic Resources Impacts: N/A VII.
    [Show full text]
  • PRA Center I NORFOLK,VA
    INVESTMENT OPPORTUNITY PRA Center I NORFOLK,VA SINGLE-TENANT LEASED OFFICE BUILDING PART OF CORPORATE HEADQUARTERS CAMPUS MAY 2019 SUBJECT ASSET Downtown Norfolk 120 Corporate Boulevard (“PRA I”) 100% leased to PRA ADJACENT ASSET KEY A 130 Corporate Boulevard (“PRA III”) - 100% leased to PRA B 140 Corporate Boulevard (“PRA II”) - 100% leased to PRA C 150 Corporate Boulevard (“PRA V”) - 100% leased to PRA ELIZABETH RIVER D 240 Corporate Boulevard PRA Center I - 100% leased to Beacon Health E 241 Corporate Boulevard - 100% leased to Virginia Eye HEADQUARTERS CAMPUS E CURLEW DRIVE CORPORATE BOULEVARD D C PRA WAY B A MILITARY HIGHWAY 2 PRA Center I ~ Norfolk, VA PRA Center I ~ Norfolk, VA 2 EXECUTIVE SUMMARY Colliers International is pleased to announce its exclusive sale representation The subject building features abundant on-site parking with approximately of PRA Center I in Norfolk, Virginia. The Class A office offering represents 422 spaces (approximately 6.0 spaces per 1,000 square feet). Other a rare opportunity to acquire a single-tenant asset within PRA’s corporate beneficial asset features include attractive building design, an emergency headquarters campus. The building is 100% leased by PRA Group (“PRA”), generator, prominent tenant signage, outdoor seating areas, and walkability an international publicly-traded company with over 5,400 employees and to light rail transportation. over $908 million in 2018 revenues. PRA Center I is located within the 100% occupied Riverside Corporate PRA uses the subject building for critical corporate functions including data Center which is part of the Central Norfolk submarket offering adjacency center, network operations center, finance, and bankruptcy litigation support.
    [Show full text]
  • HAMPTON ROADS CLOSURES on WATER CROSSINGS, INTERSTATES and OTHER NOTABLE DETOURS for the Week of June 28 to July 4
    RELEASE: IMMEDIATE June 26, 2020 CONTACT: Media Line: 757-956-3032 [email protected] HAMPTON ROADS CLOSURES ON WATER CROSSINGS, INTERSTATES AND OTHER NOTABLE DETOURS For the week of June 28 to July 4 NOTE: This list covers full closures of interstates, ramps, bridges and primary roads, and lane closures at the bridge-tunnels and the Berkley, Coleman, High Rise and James River bridges. *Scheduled closures are subject to change based on weather conditions and other factors.* ​For information on the many other lane closures necessary for maintenance and construction throughout Hampton Roads, visit 511Virginia.org, download the 511VA smartphone app, or dial 511. Bridges & Tunnels: Hampton Roads Bridge-Tunnel, I-64: Alternating, single-lane closures westbound from June 29 to July 1 from 9 p.m. to 5 a.m. HRBT Expansion Project: For lane closures and project updates related to the HRBT Expansion Project, visit HRBTExpansion.org. Berkley Bridge, I-264: Alternating, mobile, single-lane closures in both directions on June 30 from 9:30 a.m. to noon. I-64 Widening Segment III Project, York County: Single-lane closures on I-64 east and west from Route 199 Lightfoot exit (exit 234) to Route 199/Humelsine Parkway (exit 242) June 28-July 2, starting as early as 7 p.m. to 5 a.m. A consecutive, long-term lane closure under traffic signal control on Colonial Parkway at the I-64 overpass continues. A consecutive, long-term full ramp closure on Route 143 Merrimac Trail north to I-64 west continues. Traffic will follow detour signage in place directing motorists to the Route 143 south on-ramp to I-64 west during the closure.
    [Show full text]
  • F HAMPTON ROADS PROJECT
    f Commonwealth of Virginia Department of Highways r I ENGINEERING REPORT f on HAMPTON ROADS PROJECT I l including RAPPAHANNOCK RIVER BRIDGE GEO. P. COLEMAN MEMORIAL BRIDGE JAMES RIVER BRIDGE SYSTEM AUGUST 1954 L PARSONS, BRINCKERHOFF, HALL 8c: MACDONALD ' I ENGINEERS ISi BROADWAY, NEW YORK 6, N. Y. PARSONS, BRINCKERHOFF, HALL & MACDONALD ENGINEERS FOUNDED BY WILLIAM BARCLAY PARSONS IN 1885 EUGENE L. MACDONALD 5 I BROADWAY, NEW YORK 6, N. Y. CONSULTANTS LAWRENCE S. WATERBURY MAURICE N. QUA DE ..JOHN P. HOGAN WALTER S DOUGL AS w: E. A.COVELL ALF'RED HEDEFINE August 16, 1954 .JOHN O. BICKEL RUSH F. ZIEGENFELDER WILLIAM H. BRUCE, JR. General J. A. Anderson, Commissioner Virginia Department of Highways Richmond 19, Virginia Dear General Anderson: In accordance with your authorization, we have completed the services to be rendered under Stage 1 of our contract for engineer­ ing work in connection with the Hampton Roads Project. These services consist principally of investigations, studies, and the preparation of preliminary plans and estimates of cost of the Pro­ ject. We find that from an engineering viewpoint the construction of the Project as described in the ::i.ccompanying report is entirely feasible and that its estimated cost - exclusive of costs of financing - is $63, 000, 000. Inasmuch as the Hampton Roads Project is one of four toll facili­ ties that will be constructed or, in the case of existing facilities, re­ financed under a proposed new bond issue, we have included in our report pertinent factual data pertaining to the other three facilities. These are the Rappahannock River Bridge, which is a new project, the George P.
    [Show full text]
  • Military Hi Way — Wendy's
    City of C: Dir., Department of City Planning NORFOLK To the Honorable Council January 10, 2017 City of Norfolk, Virginia From: George M. Homewood, FAICP, CFM, Planning Director Subject: Specillception to operate a commercial drive-through at 6110 N. Military Hi way — Wendy's Reviewed: Ward/Superward: 4/7 WyJa fej C. Bench(, Deputy City Manager Approved: Item Number: )64/1kk, (V( tYA C-7 Doug as L. mith, Interim City Manager I. Staff Recommendation: Approval. II. Commission Action: By a vote of 6 to 0, the Planning Commission recommends Approval. Ill. Request: Special Exception to operate a commercial drive-through. IV. Applicant: Wendy's Properties, LLC V. Description: • The site is located at the northeast corner of N. Military Highway and Norview Avenue adjacent to the Bromley Shopping Center and within the Bromley neighborhood. • The proposal is to redevelop the site with a new building and a commercial drive-through. • The proposed restaurant, which would be built on an outparcel to be acquired by Wendy's, will replace the existing Wendy's located further south at 3542 N. Military Highway, which is being operated under a ground lease that is set to expire. • The existing feeder lane along N. Military Highway will be closed and landscaped, as well as the driveway on Norview Avenue closest to the intersection. VI. Historic Resources Impacts: The site is not located within a federal, state, or local historic district. VII. Public Schools Impacts The site is located in the Tanners Creek Elementary School, Azalea Middle School, and Lake Taylor High School Attendance Zones.
    [Show full text]
  • Transportation
    Transportation Goals The City will: • Achieve a safe, efficient, economical and multi-modal transportation system, including non-motor vehicle modes and public transportation, while recognizing that pressures for increased motor vehicle travel will continue. • Balance the priorities of motor vehicles with those of bicycles and pedestrians in the design of roadways and land use patterns so that most residents have the General Overview choice to walk and bicycle The City’s transportation system and level of conveniently to shopping, schools and recreation. accessibility has a major influence on economic development and on the basic function and form of • Coordinate land use and the City. It also has the potential to generate public facilities development adverse impacts on the community if not carefully with the transportation integrated into its fabric. Thus, long-range system in order to ensure transportation planning is a key element in safety, efficiency and organizing and directing the future growth of the City convenience. of Chesapeake. In the context of comprehensive planning, land use and transportation must be • Provide adequate transportation facilities and recognized as complementary components of the services that meet the City’s City’s overall planning process. adopted service standards. Master Transportation Plan • Provide adequate Chesapeake’s transportation system is composed of transportation access to the roadways, public transit, trails, waterways, railways, City’s waterways. trucking, and airports. Each mode of transportation • Coordinate the City’s and all elements within each perform a specific role transportation system with in the system, and should be appropriately the regional transportation coordinated to provide various levels of accessibility network to promote to areas and sites within the City.
    [Show full text]
  • Indian River Planning Area Study Chesapeake, Va
    INDIAN RIVER PLANNING AREA STUDY CHESAPEAKE, VA DRAFT: FEBRUARY 2021 ACKNOWLEDGMENTS CITY COUNCIL CITY DEPARTMENTS Mayor Rick W. West City Manager Vice Mayor Dr. John de Triquet Planning R. Stephen Best, Sr. Economic Development Matthew R. “Matt” Hamel Parks, Recreation and Tourism Robert C. Ike, Jr. Public Utilities Dwight M. Parker Public Works S.Z. “Debbie” Ritter Susan R. Vitale Dr. Ella Ward FRIENDS OF INDIAN RIVER BOARDS AND COMMISSIONS Planning Commission CONSULTANT TEAM RHI RKG RK&K 2 Acknowledgments & Contents CONTENTS EXISTING CONDITIONS Study Area Today 5 Existing Plans and Recommendations 78 Community Participation 82 THE PLAN Guiding Principles 96 Plan Framework 97 Strategies and Actions 98 IMPLEMENTATION Implementation Matrix 140 Indian River Planning Area Study 3 A neighborhood along Indian River waterfront 4 Chapter 1: Existing Conditions EXISTING CONDITIONS 1. STUDY AREA TODAY 1.1 // STUDY AREA & GOALS 1.2 // HISTORICAL CONTEXT 1.3 // COMMUNITY CHARACTER 1.4 // LAND USE AND ZONING 1.5 // DEMOGRAPHIC & HOUSING TRENDS 1 1.6 // STUDY AREA DEVELOPMENT PATTERNS 1.7 // REAL ESTATE MARKET FINDINGS 1.8 // MOBILITY 1.9 // NATURAL RESOURCE AREAS & ENVIRONMENT 1.10 // QUALITY OF LIFE & COMMUNITY FACILITIES 2. EXISTING PLANS & RECOMMENDATIONS 3. COMMUNITY PARTICIPATION Indian River Planning Area Study 5 1. STUDY AREA TODAY 1.1 // STUDY AREA & GOALS OF THE PLAN Covering 5.4 square miles within the northern part of the City of Chesapeake, the Indian River Planning Area is made up of long-time residents, business owners, and institutional leaders who care deeply about their community. The planning area (see Figure 1.1.1) is bounded by Interstate 64 and Military Highway to the south, the Elizabeth River to the north, and the adjacent municipalities of Norfolk and Virginia Beach on the west and east, respectively.
    [Show full text]
  • 2045 Long-Range Transportation Plan – Update
    AGENDA ITEM #8: 2045 LONG-RANGE TRANSPORTATION PLAN – UPDATE Over the past five years, HRTPO staff, in partnership with regional stakeholders, have been updating the LRTP to the horizon year of 2045, with the goal of identifying multimodal projects and studies aimed at improving economic vitality and quality of life for residents, businesses, and industries across Hampton Roads. The identification of multimodal investments for the 2045 LRTP is based on a detailed evaluation of approximately 260 candidate projects using the Board-approved Regional Scenario Planning Framework, updated HRTPO Project Prioritization Tool, and available financial resources. HRTPO staff presented the draft 2045 LRTP Fiscally Constrained List of Projects to FTAC at its February 23, 2021 meeting. Based on a recommended approval from the Transportation Technical Advisory Committee and Resolutions of Support from the Community Advisory Committee and FTAC, the HRTPO Board approved the 2045 LRTP Fiscally Constrained List of Projects and associated 2045 LRTP Funding Plan and Project Information Guide reports at its March 29, 2021 meeting. As part of Federal requirements, a Regional Conformity Assessment (RCA) on the 2045 LRTP and 2021-2024 Transportation Improvement Program was completed and recently submitted to the Federal Highway Administration for review. Once the Federal review of the RCA is complete and a finding of conformity issued, the HRTPO Board can officially adopt the 2045 LRTP (on schedule for June/July 2021). Ms. Dale Stith, HRTPO, will brief the FTAC
    [Show full text]
  • Highway Network Analysis
    HamptonHampton RoadsRoads MilitaryMilitary TransportationTransportation NeedsNeeds StudyStudy Highway Network Analysis Prepared by: Hampton Roads Transportation Planning Organization TPO TTPORANSPORTATION PLANNING ORGANIZATION September 2011 T11-04 HAMPTON ROADS TRANSPORTATION PLANNING ORGANIZATION VOTING MEMBERS Dwight L. Farmer Executive Director/Secretary CHESAPEAKE POQUOSON Alan P. Krasnoff W. Eugene Hunt, Jr. GLOUCESTER COUNTY PORTSMOUTH Christian D. Rilee Kenneth I. Wright HAMPTON SUFFOLK Molly J. Ward Linda T. Johnson ISLE OF WIGHT COUNTY VIRGINIA BEACH Stan D. Clark William D. Sessoms, Jr. JAMES CITY COUNTY WILLIAMSBURG Bruce C. Goodson Clyde A. Haulman NEWPORT NEWS YORK COUNTY McKinley Price Thomas G. Shepperd, Jr. NORFOLK Paul D. Fraim MEMBERS OF THE VIRGINIA SENATE The Honorable John C. Miller The Honorable Yvonne B. Miller MEMBERS OF THE VIRGINIA HOUSE OF DELEGATES The Honorable John A. Cosgrove Vacant TRANSPORTATION DISTRICT COMMISSION OF HAMPTON ROADS Philip A. Shucet, President/Chief Executive Officer WILLIAMSBURG AREA TRANSIT AUTHORITY Mark D. Rickards, Executive Director VIRGINIA DEPARTMENT OF TRANSPORTATION Dennis W. Heuer, District Administrator – Hampton Roads District VIRGINIA DEPARTMENT OF RAIL AND PUBLIC TRANSPORTATION Amy Inman, Manager of Transit Planning VIRGINIA PORT AUTHORITY Jerry A. Bridges, Executive Director HAMPTON ROADS TRANSPORTATION PLANNING ORGANIZATION NON-VOTING MEMBERS CHESAPEAKE JAMES CITY COUNTY PORTSMOUTH William E. Harrell Robert C. Middaugh Kenneth L. Chandler GLOUCESTER COUNTY NEWPORT NEWS SUFFOLK Brenda G. Garton Neil A. Morgan Selena Cuffee-Glenn HAMPTON NORFOLK VIRGINIA BEACH Mary Bunting Marcus Jones James K. Spore ISLE OF WIGHT COUNTY POQUOSON WILLIAMSBURG W. Douglas Caskey J. Randall Wheeler Jackson C. Tuttle YORK COUNTY James O. McReynolds FEDERAL HIGHWAY ADMINISTRATION Irene Rico, Division Administrator – Virginia Division FEDERAL TRANSIT ADMINISTRATION Letitia A.
    [Show full text]
  • Driveert WEEKLY LANE CLOSURE SCHEDULE HAMPTON ROADS
    July 16, 2021 DriveERT WEEKLY LANE CLOSURE SCHEDULE From Friday, July 16 to Friday, July 23 Below is a list of significant tunnel/lane closures for the Elizabeth River Crossings (ERC) facilities. All work is dependent upon weather conditions and closure dates are subject to change. For updates, follow us on Twitter @DriveERT. I-264 East Midtown Tunnel: Alternating lane closures in the Midtown Tunnel eastbound on Monday, July 19; Tuesday, July 20; Wednesday, July 21 and Thursday, July 22 from 8 p.m. to 5 a.m. the following morning. The Virginia Department of Transportation (VDOT) encourages motorists to “Know Before You Go” and plan your trip with free tools: • Download the 511 smartphone app • Visit the 511 Virginia website or dial 511 for traffic information on your phone ************************************************************************************* HAMPTON ROADS CLOSURES ON WATER CROSSINGS, INTERSTATES AND OTHER NOTABLE DETOURS For the week of July 18-24 NOTE: This list covers full closures of interstates, ramps, bridges and primary roads, and lane closures at the bridge-tunnels and the Berkley, Coleman, High Rise and James River bridges. *Scheduled closures are subject to change based on weather conditions and other factors.* For information on the many other lane closures necessary for maintenance and construction throughout Hampton Roads, visit 511Virginia.org, download the 511VA smartphone app, or dial 511. Bridges & Tunnels: Hampton Roads Bridge-Tunnel, I-64: Mobile, single-lane closures eastbound July 20 from 9 p.m. to 5 a.m. Monitor-Merrimac Memorial Bridge-Tunnel, I-664: Single-lane closure northbound July 19 from 9 p.m. to 5 a.m.
    [Show full text]
  • Offering 16 Parcel Portfolio 21 Leases Norfolk, Virginia
    Offering 16 Parcel Portfolio 21 leases Norfolk, Virginia Revised 9-03-2019 Offering of 16 Parcel Portfolio Page ii 16 Properties* / 21 leases Norfolk, Virginia The ultimate buyer of these properties gains the opportunity to hit the ground running and be ac- tively engaged in oversight and implementation of a proven real estate portfolio. This cluster of occupied real estate is not a coupon clipping venture. Besides net operating income of approximately $1,200,000.00, these closely held locally owned real estate holdings involve the full gambit of landlord responsibilities: Marketing signage and social media, interviewing prospects, lease drafting, zoning preservation, intermittent (not daily) maintenance and vendor selection and bidding for items like roofs or ex- pansions, insurance coverage, rent collection, real estate tax payments or protests, annual IRS reporting and distribution of profits to owner(s)/investor(s). The redacted rent roll on page iii provides basic information with current rent rates available af- ter signing a confidentiality agreement and basic introductions to each other. *It is conceivable that some tenants may wish to purchase their occupied parcels, thus reducing the portfolio size and purchase price accordingly. For more information: www.loopnet.com/Listing/6414-E-Virginia-Beach-Blvd-Norfolk-VA/16955297/ History of 16 Parcel Portfolio Alan Fleder (1914 - 2003) and his brother, Harry (1919 - 2000), started their business careers as furniture merchants in 1945 in downtown Norfolk, Virginia. As the business grew and the post World War II population expanded into suburbs they acquired small suburban locations with the intention of opening additional furniture stores beyond the 3 downtown stores.
    [Show full text]