At least two of the four groups contending for the project are proposing hotel towers that, if built as envisioned, could end up being the tallest building in Richmond.
“I believe over time, (the site) will want to be developed. We like what's going on there and we believe in the future of that area,” CEO Neil Amin said of the 15-acre wooded plot near Meadowville Technology Park.
VIRGINIA BEACH — Among the piles of paperwork rising from Andy Vakos’ desk behind the lobby of The Oceanfront Inn, there are two offers to buy his hotel. It seems hardly a day goes by he doesn’t get a call from investors asking if he wants to sell. His seven-story beachfront property spans a full city block, with 147 rooms, just south of the King Neptune statue. “They’re very aggressive,” said .
Motor lodges bought or developed by local families, who devoted their summers to the business, once dominated the Oceanfront. Of approximately 75 hotels within walking distance of the beach today, only a handful of mom-and-pop hotels that once prevailed in the Virginia Beach resort area remain.
Changing hands: The decline of mom-and-pop hotels in Virginia Beach dailypress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailypress.com Daily Mail and Mail on Sunday newspapers.