M I X E D - U S E

Wal-Mart, Kohl's and Bed Bath & Beyond anchor Harbour View East, a power center adjacent to the new mixed-use Harbour View Town Center.

Harbour View East Enjoys Ideal Location

SUFFOLK, VIRGINIA – Harbour View East is at an optimal location. Bounded by Interstate 664, College Drive and Townpoint Road in Suffolk, Va., the power center is easily accessible to the Southside cities and to the Virginia Peninsula.

Anchored by Wal-Mart Supercenter, Kohl’s and Bed Bath & Beyond, Harbour View East’s in-line tenant roster includes: Ruby Tuesday, Payless ShoeSource, Hair Cuttery, RadioShack and Bestway Rent-to-Own.

It is adjacent to Hampton Roads Crossing, a new mixed-use development, which includes a 34-acre residential complex and two hotels. And, being developed just north is a 32-acre research, education and technology park, featuring the Old Dominion University’s Virginia Modeling Analysis and Simulation Center (VMASC) and the Tri-Cities Higher Education Center.

Wal-Mart Supercenter serves the high residential growth in the Harbour View section of North Suffolk, Va.

Simply put, Harbour View East is poised to take advantage of the city’s residential and daytime population growth.

“Harbour View is in one of the fastest growing residential areas in all of Virginia,” states David Redmond, retail sales and leasing agent in Divaris Real Estate Inc. (DRE)’s Virginia Beach headquarters.

DRE has been assigned the responsibility of leasing Harbour View East, a development of Chicago-based Landonomics Group, who have spearheaded Harbour View’s master plan.

“"The Harbour View area was well planned, well conceived and well executed,” says Redmond. “Of all the area’s retail developments, Harbour View East, specifically, is best positioned to take advantage of the surrounding high growth of residences and corporations.”

Employers in northern Suffolk include VMASC, the U.S. Joint Forces Command, Lakeview Technology Center, Bridgeway Technology Center I & II, Lockheed Martin’s Global Center for Innovation and Bon Secours Medical Center, all growing enterprises.

“And the job growth in the defense, higher technology and medical industries is evidence of a strong professional consumer base, the kind of customers that retailers love,” Redmond says.

Within a seven-mile radius, Harbour View East reaches 161,347 people from 59,980 households with an average household income of $62,805. By 2010, the projected population growth is expected to increase by 4.15 and the average household income by 15.4 percent.