COVID-19 Business Recovery
COVID-19 Business Resources
Making Military Circle A Hot Spot Once Again: Business Leaders Hope New Development Will Revitalize Mall Area

Making Military Circle A Hot Spot Once Again: Business Leaders Hope New Development Will Revitalize Mall Area
Sticky Article Making Military Circle A Hot Spot Once Again: Business Leaders Hope New Development Will Revitalize Mall Area
Making Military Circle A Hot Spot Once Again: Business Leaders Hope New Development Will Revitalize Mall Area
Local developers are teaming up with powerhouses like music icon Pharrell Williams and football star Emmitt Smith to compete for the chance to redevelop Military Circle Mall in Norfolk. Business leaders hope the effort will jumpstart even more economic development in the area. (Courtesy rendering)

President and CEO Bryan Stephens gave high praise to the proposals of Military Circle's Development plans. Stephens declined to say which proposal he liked best at this point but said all three are exciting and will add value to what he considers an underutilized area of Norfolk.

He liked that each proposal included at least one piece of what he calls “civic furniture,” or a standout attraction. Two proposals have arenas while Thompson’s plan includes a large lake where visitors could canoe or kayak.

“When you look at what enhances economic development in a region, civic furniture does that,” Stephens said.

Norfolk officials started exploring the overhaul of Military Circle when anchor department stores like Sears and JCPenney left the mall. In 2014, the city bought the former JCPenney space and turned it into offices for Sentara Healthcare and Optima Health. The city purchased the remainder of the mall in 2020, setting the stage for redevelopment. 

Click To Read More. 

Article Courtesy of Trevor Metcalfe of The Virginia Pilot

Archive
Join Us
Youtube Icon
Linkedin Icon
Instagram Icon
Contact Icon