Marriott Hotel and Conference Center

130 Ft. Tower Crane signals the best is yet to come

Ground has been broken and construction is in full swing for a $58 million full-service upscale Marriott Hotel and Conference Center. The most comfortable, 256 amenity-packed guest rooms in the area are scheduled to open in the Summer of 2006. Mayor Joe Frank spoke at the February 24 launch event: “We are pleased the Marriott Corporation has so enthusiastically given its vote of confidence to Newport News and the City Center at Oyster Point location.”

The Ultimate Shopping Experience

Retail district will showcase America's best brand names

City Center's Retail District is under construction and targeted for a Spring 2006 Grand Opening. Over 50 retail shops and restaurants will become the Oyster Point retail centerpiece debuting some of the finest fashion specialty retailers and food offerings. For more retail leasing information contact our leasing consultants: Mastin & Kufka 410-437-0248 or Harvey Lindsay Commercial Real Estate 757-873-2020.

You Deserve to Live Here

Hundreds of residential units are underway

City Center's Master Plan now anticipates 600 residential units. 480 units are well on their way. The Park Place Apartments will offer 365 units, The Point at City Center will offer 48 loft and traditional style condominiums, and an 18-story condominium tower adjacent to the Marriott Hotel will offer 72 units. The sales center is now open and interest list is currently forming. Contact Rose & Womble agents, Barbara Knauth or Jessica Nagel at 757-595-2367.

City Center - Great place to work

99% Occupancy. Need we say more?

Office Space is in short supply. Over 300,000 sq. ft. of Class A space was built in Phase One and 200,000 sq. ft. is underway in Phase Two. This is in addition to the existing 2.5 million sq. ft. of office space in greater Oyster Point. For leasing information call Alex Stern at Harvey Lindsay Commercial Real Estate Commercial Real Estate, 757-873-2020.

$75 Million Financing Closed

Northwestern Mutual endorses City Center

Northwestern Mutual recently completed its investment in City Center with a transaction valued at over $75 million. Peter Jahn, Director of Investment at Northwestern, stated, “We are very excited about our partnership with City Center at Oyster Point and look forward to a long-term relationship with Harvey Lindsay Commercial Real Estate Partners….This project was a very compelling opportunity for us.”

City Center Report Card

According to Bill Hudgins, President of HL Development, $76 Million of development has been completed, $140 Million of construction activity is now underway at City Center, and another $62 Million of projects are in the pre-development phase. “We originally anticipated a project of approximately $250 million in total cost. We have revised that estimate to $350 million.”