CHESAPEAKE, Va., Oct. 23, 2019 /PRNewswire/ -- Summit Pointe
Realty, LLC hosted a ceremonial topping out event on Wednesday, October 23, 2019, to celebrate the
completion of the steel erection for the new Block Two office
tower, 555 Belaire, located on Belaire Avenue at Summit Pointe.
In attendance were Executive Chairman of Dollar Tree, Inc.
(NASDAQ: DLTR) Bob Sasser, Senior
Vice President of Portfolio Management of Dollar Tree Chris
Williams, Corporate Counsel - Real Estate of Dollar Tree Christian
Chiles, Vice President of Facilities & Special Projects of
Dollar Tree Bob Gantt, SCA Architects Partner Burrell Saunders,
Chesapeake Mayor Rick West, Chesapeake
City Manager James Baker,
Chesapeake EDA Assistant Director Ben
White, Senior Project Manager of Clancy & Theys
Construction Company Chad Cowger, Vice President & CEO,
Virginia Division of Clancy &
Theys Construction Company Bill Goggins, SCA Architects Project
Manager Andy Raffin, and dignitaries
from Colliers International.
The topping out ceremony began with project leaders signing a
steel beam used in the construction of Summit Pointe's newest
office tower, 555 Belaire. This new office tower will contain
ground-level retail and restaurant space, with five floors of Class
A+ office space available for lease above.
Bob Sasser opened the event with
remarks about the construction progress, stating, "The completion
of the second office building will bring new opportunities to the
Greenbrier Community as leading
employers have an opportunity to locate their businesses in Summit
Pointe."
Mayor Rick West thanked the
development team, saying "The opportunities that Summit Pointe is
bringing to Chesapeake will
benefit our citizens not only with a new destination for upscale
shopping and lifestyle amenities but also with additional tax
revenue and infrastructure to support our growing community."
Construction on the 555 Belaire office building, as well as on
Helix, the first of three apartment communities to be constructed
at Summit Pointe, is scheduled to be completed in mid-2020. The
construction of a second living community, Mosaic, will be
completed in 2021, and construction on more retail locations and
office spaces will begin following the completion of Phase Two.
Both 555 Belaire and Helix will feature access to unparalleled
amenities and stunning views along Belaire Avenue.
Located in the dynamic Greenbrier area of Chesapeake, VA, Summit Pointe is the newest
large-scale, mixed-use community centrally located within Coastal
Virginia. Summit Pointe has already become a premier office
location with the 2018 completion of the 510,000-square-foot,
high-rise office tower for Dollar Tree in Phase One.
Phase Two of development represents an investment of roughly
$150 million to $175 million of this $300
million mixed-use development. Summit Pointe is presently
zoned to develop one million square feet of office space, more than
1,400 residences, up to 500,000 square feet of retail space, and
approximately 250,000 square feet of hospitality and conference
space.
Contact:
Summit Pointe Realty, LLC
info@SummitPointeVA.com
About Summit Pointe Realty, LLC
Summit Pointe Realty,
LLC oversees the planning, development and leasing operations
at
Summit Pointe in Chesapeake,
Virginia.
VISIT SUMMIT POINTE WEBSITE:
SummitPointeVA.com
Click here for a photo gallery.
View original
content:http://www.prnewswire.com/news-releases/summit-pointe-realty-llc-announces-topping-out-ceremony-for-phase-two-development-at-summit-pointe-300943936.html
SOURCE Summit Pointe Realty, LLC