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HomeMy WebLinkAbout08242010 PRINCESS ANNE COMMONS UPDATE8/24/2010
Princ~ss Ar~n~ ~orr,m~r+s
Ath leti~ Vi I lage U pdate
City Council Briefing
C9ndy Curtis, Director
August 24, 2010
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~irginia Seach Field Hause Under Constrnetion
Construction approximately 90% complete as of August 19, 2010
Category II Storm shelter building upgrades will:
• Enhance sheltering opportunities for the citizens of Virginia Beach
during an emergency;
Enhance mass care capabilities during a catastrophic event
8/24/2010
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Phase I-A Prlvate Sector Investment
Y Construction of ~~Z,sSO,ooo
• 175,000 ftz indoor sports field house faciliry
r Infrastructure enhancements
• Entrance realignment S 1,n5,000
• Utility extension
• Stormwater pond upgrade
• Parking lot paving
Total Phase I- A 314,575,000
Phase I-B
• Three-Year Option to Construct
6 Fields
• Artificial Turf
• Lighted
Total Phase I - B $8,500,000
Grand Total Phase I $23,075,000
PRINCESS ANNE ATHLETIC
DEVELOPMENT,LLC
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8/24/2010
Vir~inia ~each Sportsplex
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8/24/2010
Proposed Improve~ents
Phase II-A
~ Sportsplex/USFH Improvements
• Artificial turf installation - Sportsplex
• Concession upgrades - Sportsplex & USFH
• Private Box upgrades - Sportsplex
• Spectator seating expansion - USFH
Phase II-B
~ Construction of
• 50,000 ft2 retail complex and infrastructure
Total
Private Sector Investment
$1,195,000
$ 6,475,000
$7,670,000
Benefits of these Pr~ojects
~Advances master plan goals of PA
Commons
y Meets documented athletic facility
needs
~ Improves existing city infrastructure
and landscaping at no taxpayer cost
~ Provides needed medical sheltering
facility
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Bene~its oftliese Projects
y Provides community recreation
amenities at no cost to taxpayer
~ Increases opportunities for sports-
related tourism
> Reduces city operating expenses
y Increases tax base
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