Capstone Development News Today

Construction of Florida Polytechnic University’s third student residential building reached a significant milestone

Council's vote Tuesday night was 7-4 after a lengthy discussion, with members Chris Taylor, Barbara Henley, Sabrina Wooten and Jennifer Rouse voting no.

VIRGINIA BEACH — The seventh time’s a charm for a study of the Virginia Beach Convention and Sports Center district, according to seven City Council members who voted Tuesday to proceed with yet another evaluation of the area. Four disagreed: Barbara Henley, Jennifer Rouse, Chris Taylor and Sabrina Wooten voted against the study, which is estimated to cost about $200,000. Taylor said he ...

The study approved Tuesday will hash out the economic impact of a convention center hotel proposal to determine if it will be profitable for the city.

The Virginia Beach City Council will vote Tuesday on a study of economic development around the Virginia Beach Convention Center, including a hotel proposal, and ideas for the Virginia Museum of Contemporary Art property. If approved, it will be the seventh study focused on development at the center in 19 years.

Located near the northwestern edge of the University of Oregon’s campus, the student housing community includes 686 beds.

Developers told the city that a 300-room hotel next door to the convention center would help bring visitors in.

Norm Jenkins of Capstone Development has been officially invited back to present a proposal for a mixed-use project across the street from the convention center on 19th Street in Virginia Beach.

At least two of the four groups contending for the project are proposing hotel towers that, if built as envisioned, could end up being the tallest building in Richmond.

The first phase of private development at Liberty Park in Memphis could include 200 apartment units and a 200-key, full-service hotel.