This week marks the topping out of the $32 million Oceanaire Resort & Conference Center, one of Virginia Beach’s newest properties. The private project by Gold Key/PHR of Virginia Beach will add a 191,000-square-foot, 18-story addition in what is Phase III of the existing Ocean Beach Club & Resort located on the city’s oceanfront.
Just before Labor Day Virginia Beach officials, Gold Key/ PHR executives and project partners joined MEB General Contractors on the 10th floor deck of the project to celebrate the topping out, which is four weeks ahead of schedule.
“On the heels of an earthquake and a hurricane, this celebration represents a critical step in the development of this third phase. The finishes and aesthetic of this resort are of a caliber typically only
seen in South Beach and Las Vegas,” Mark Olmstead, senior vice president of MEB and project manager, said in a statement. The project is expected to open in by mid-summer 2012.
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