Time for a Legacy Play
For developers who create value through adaptive reuse, not replication
These aren’t commodity plays. They’re identity-defining moments for firms who specialize in adaptive reuse, mixed-use repositioning and mission-aligned value creation. Bid on either property along the James River and be part of an already vibrant revitalization of the surrounding district in Newport News, VA and part of the broader Coastal VA, Hampton Roads market.
Two historic landmarks –One rare moment
Historic West Avenue Library
- Circa 1929
- Georgian Revival-style landmark with strong bones & community recognition
Why it matters:
- Federal & Virginia Historic Tax Credits
- 8600sq’+ Flexible reuse potential: boutique hospitality, creative office, cultural hub, arts center, dining or mixed-use
- Existing civic goodwill and eager friction
- Positioned for place-based storytelling, drives premium rents & investor interest
Former Greek Orthodox Church
- Circa 1949
- Byzantine-style architecture with soaring interior volume, emotional gravity & landmark presence
Why it matters:
- Federal & Virginia Historic Tax Credits
- Flexible reuse potential, 9,000sq’+, 3 floors: event/concert hall, immersive sunset riverfront dining, terrace/garden concept, destination commercial
- Line of sight to James River, connected to new waterfront park/green space
- Located in public art investment district & cultural activation area “The Yard”
