Tuesday, May 7, 2013

Fort Norfolk Plot For Sale Could Spur Development

The Pilot is reporting that a four-acre piece of prime real estate in Fort Norfolk is on the market for $7 million.  The piece of land is just off the Elizabeth River and is widely considered a potential spot for future mixed-use development.
CC Image courtesy of norfolkdistrict at Flickr

This could be the first domino to spur potential development along the river.  The land is located at 533 Front St. and is the former site of the Moon Engineering shipyard.  The City of Norfolk prepared a conceptual plan in 2005 that envisioned Fort Norfolk as an "urban waterfront village."  Click here to see the plan.

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