$130M mixed-use development planned for Hampton
Olde Hampton Village to include 118 townhomes, 380 apartments and retail
A proposed $130 million development will bring 118 townhomes, 284 luxury apartments, 96 senior apartments and 6,000 square feet of retail space to Hampton.
The project, called The Olde Hampton Village, will span 16 parcels across nearly 23 acres near downtown Hampton, at the former site of the Lincoln Park housing development, on LaSalle Avenue, off Interstate 64 and near Langley Air Force Base and NASA Langley.
The former housing development closed and was demolished in 2016, according to the city’s staff report on the project. The proposal went in front of Hampton City Council on Wednesday night, seeking rezoning and use permits, and earned the council’s approval.
The Olde Hampton Village is a joint venture between Virginia Beach-based Axis Global Enterprises Inc. and Virginia Beach-based EDC Homes, and has been in the works for four years, according to a news release from the developer.
The townhomes would each be three stories and the developers are proposing four multifamily buildings, each four stories high. The development will also have park space, a pool, a dog park and washing station, a clubhouse and a fitness center. It could also include a child care facility, hair salon and coffee shop.
The developers expect to break ground on the project in late summer 2023, after all site and building plans are approved and finalized. The project will be built in phases and is expected to be completed in 28 months, a spokesperson for Axis told Virginia Business.
“The Olde Hampton Village development is an opportunity to revitalize the gateway to the Olde Hampton community, which is rich in history for our region,” Ross Vierra, president and CEO of Axis Global Enterprises, said in a statement. “Bringing this vision to life has been a long road which we have been dedicated to ensuring the highest quality designs to honor the heritage and inspire a new generation of residents and businesses. Service is at the heart of our development process and this vote from the Hampton City Council permits our team to bring this transformational gateway project to life.”
The site was once a Hampton Redevelopment and Housing Authority housing project that was too old to rehabilitate, according to a news release from the city. The housing authority has approved the sale of the land.