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Hampton Roads Center North Campus (Business Park)

Hampton Roads Center North Campus will also focus on establishing an international transportation park. Recruitment will concentrate on the aerospace industry as well as the broader transportation industry.

Craig Davis Properties Virginia Division is managing this third and final phase of the Hampton Roads Center development. The North Campus infrastructure improvements (utilities, roadways and lakes) are currently under construction, with completion of the first two phases slated for the first quarter of 2003. In cooperation with Craig Davis Properties, the city’s Department of Economic Development has been proactive in its efforts to familiarize potential park occupants with the campus.

Both Hampton Roads Center South Campus and Central Campus have been extremely successful and are home to such well-known companies as Nextel, Humana, NCO Financial, Computer Sciences Corporation, Schaevitz Sensors, ProSoft, Science Applications International Corporation and NASA Langley Research Center. The new 90,000square foot Peninsula Workforce Development Center is also located within the existing Central Campus. Nearby amenities include a health club, 27-hole championship golf course and jogging trail. For more information call 1-800-555-3930 or visit www.hamptonva.biz.

The Former Gateway Facility located in Hampton Roads Center South Campus, this 400,000 square foot facility was completed just five years ago. It has frontage on Interstate 64 and daily traffic counts are over 120,000. For sale or lease, this facility previously housed Gateway’s light manufacturing activity, technical support and administrative functions. Other companies in close proximity are Nextel, Humana, NCO Financial, Computer Sciences Corporation, Schaevitz Sensors, ProSoft, Science Applications International Corporation and NASA Langley Research Center, as well as the new 90,000-square foot Peninsula Workforce Development Center. Nearby amenities include a health club, 27-hole championship golf course and jogging trail. For more information call 1-800-555-3930 or visit www.hamptonva.biz. Note: Gateway, Inc., has consolidated their Hampton, Virginia operations in nearby West Business Park.

Liberty Property Trust

Liberty Property Trust, the nation’s second largest office and industrial Real Estate Investment Trust, is committed to fulfilling its mission “to enhance people’s lives through extraordinary work environments”. This is a philosophy based on the premise that a thoughtful, imaginative business environment is more inspiring than a drab, conventional one; that an employee who is stimulated by his workplace is bound to be a happier, more productive person.

Liberty Property Trust has over 30 years of experience in developing, acquiring and managing quality office and industrial properties in the Northeast, Midwest, MidAtlantic and Southeast U.S. as well as the United Kingdom. Liberty’s 53 million square foot portfolio of office and industrial properties offers exceptional locations, flexible design, thoughtful amenities, superior service and state-of-the-art technology to its 1,900 tenants.

In the Hampton Roads area Liberty has developed and acquired Class A office and flex space, including Lakefront Plaza (prime office space photo on cover). Liberty Executive Park, Reflections Office Park, Hampton Roads Center and Oyster Point.

James City County Highlights

James City County has the good fortune of being able to offer a wide variety of commercial real estate possibilities to a wide array of companies. The robust tourism and hospitality industry has supported hotel, restaurant, resort, and general recreation development for any years. An exciting and varied retail industry has also developed to service both visitors and residents. Additionally, as the residential base has grown, so has the general commercial base that supplies it with goods and services.

Of particular note in the last few years has been the addition and expansion of industrial, distribution, business-to-business services, and technology-based companies. Building on the base of the Anheuser-Busch Brewery and its suppliers, companies in these newer segments are also finding James City County to be the right place at the right time. A wide range of business settings, an enterprise zone, a strong push by the College of William and Mary to develop corporate ties, and a positive attitude by local elected and appointed officials is resulting in noticeable activity.

Altogether, James City County has over 13.5 million square feet of existing commercial space. With the exception of one industrial complex dating from the 1950’s, which is preparing for redevelopment, the bulk of the County’s commercial real estate is less than 20 years old, corresponding to the residential growth pattern that began in earnest in the 1980’s. In particular, the past five years have seen a dramatic increase in new industrial and distribution facilities. Some of these facilities present excellent opportunities for companies seeking existing facilities. Sizes range from 25,000 square feet to 300,000 square feet.

Contact Keith Taylor at James City County’s Office of Economic Development (757-253-6607) for more information.

Poquoson Highlights

Balancing the high quality of life for its residents and the support for its business community, the City of Poquoson created several key economic development initiatives in 2002. These initiatives will encourage increased communication among Poquoson businesses and City government, promote patronage of existing businesses, and firmly position Poquoson as an attractive site for measured and sensible business growth:

Quarterly Business Breakfasts

First offered in September, 2002, the City of Poquoson Quarterly Business Breakfast enjoyed nearly 80 participants at the Inaugural event. The breakfast provides networking opportunities for Poquoson business owners and city officials and promotes increased communication between them. Additionally, the breakfast is an important way of showing support and gratitude to the Poquoson Business Community, a group who consistently supports the well-being of the City.

“Promote Poquoson” Television Campaign

The City of Poquoson developed and aired both a summer and fall/holiday 30-second information- al spot on LNC 5. The spots encouraged patronage of Poquoson businesses and restaurants, highlighted Poquoson’s rich coastal history, promoted selected seasonal events including the Poquoson Seafood Festival.

City Display Board

Development

Introduced in Fall, 2002 and designed to reflect the beauty of Poquoson and its many attributes, the City Display Board is a key economic development component for the City. Nearly eight feet in height and approximately seven feet in length, the Display Board is a breath-taking and panoramic presentation of Poquoson’s natural beauty. It will travel to a number of economic development seminars and community relations events in the coming years and will convey Poquoson’s unique charm and quality of life.

York County Highlights

York County’s Office of Economic Development markets several commerce parks to high-technology manufacturing companies and related enterprises. Noel says he’d like to see more companies like Cybernetics, founded in 1978 and headquartered in York County.

Cybernetics designs and manufactures disk and tape storage solutions worldwide.

To capitalize on the remaining land for development, the county is considering extending infrastructure through a public/ private partnership to a 250-acre tract with immediate interstate access. Another strategy being developed is having the plans approved for a “virtual building” in the York River Commerce Park.

Williamsburg Highlights

Williamsburg Transportation Center

The Williamsburg Transportation Center, located at 468 North Boundary Street in Williamsburg, is directly behind the City Municipal Building and the Fire Station in the City’s Municipal Complex. The City of Williamsburg bought the station in 2000 from the Colonial Williamsburg Foundation and the renovation and rehabilitation of the Center was completed in the spring 2002. The renovations and rehabilitation preserved the building and increased its utility by creating a regional multi-modal transportation center located on the Virginia Peninsula, midway between Richmond and Virginia Beach. The enhanced and expanded Transportation Center supports the region’s tourism industry by creating a welcoming gateway to Virginia’s Colonial Capital and Historic Triangle. The Williamsburg Transportation Center is currently the only on-site full service transportation center in the Commonwealth of Virginia.

The Center currently provides the following services and amenities: AMTR AK full service passenger rail — including retaining the capacity for future rail service improvements; Trailways and Greyhound full service interstate bus connections; Williamsburg Area Transport Regional Transit Service - provides service to residents, visitors and students; rental car service; taxi cab service; adequate short and long term parking and traffic circulation; visitor information guides; and fully accessible ancillary services including food, telephones and restrooms.

Prince George Parking Garage

Scheduled to open in fall 2003, the 360 space brick Prince George Parking Garage will provide residents and visitors with additional parking in Downtown Williamsburg. The Garage will have pedestrian walkways and linkages that will connect the Garage to Merchants Square. The Garage will help to preserve and continue the vitality of Downtown Williamsburg by providing parking for residents and visitors who shop, eat or simply enjoy the area. The City of Williamsburg, in collaboration with Colonial Williamsburg Foundation a ssembled a team of designers, architects, engineers, and consultants to undertake the development of a center for parking in downtown. In addition to building the Garage, a new streetscape plan will be implemented on Prince George Street that will allow for wider sidewalks and enhanced landscaping with added street trees. M